Enteq Technologies (LSE:NTQ) Days Sales Outstanding : 72.85 (As of Sep. 2023)

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What is Enteq Technologies Days Sales Outstanding?

Enteq Technologies's average Accounts Receivable for the six months ended in Sep. 2023 was £0.25 Mil. Enteq Technologies's Revenue for the six months ended in Sep. 2023 was £0.63 Mil. Hence, Enteq Technologies's Days Sales Outstanding for the six months ended in Sep. 2023 was 72.85.

The historical rank and industry rank for Enteq Technologies's Days Sales Outstanding or its related term are showing as below:

During the past 12 years, Enteq Technologies's highest Days Sales Outstanding was 252.15. The lowest was 61.38. And the median was 138.83.

LSE:NTQ's Days Sales Outstanding is not ranked ^*
in the Oil & Gas industry.
Industry Median: 49.16
* Ranked among companies with meaningful Days Sales Outstanding only.

Enteq Technologies's Days Sales Outstanding declined from Sep. 2022 (151.15) to Sep. 2023 (72.85).

Enteq Technologies Days Sales Outstanding Historical Data

The historical data trend for Enteq Technologies's Days Sales Outstanding can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Enteq Technologies Days Sales Outstanding Chart

Enteq Technologies Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Sales Outstanding

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71.61

61.38

157.72

Enteq Technologies Semi-Annual Data
	Mar14	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Days Sales Outstanding	Get a 7-Day Free Trial															197.96	-	151.15	-	72.85

Competitive Comparison of Enteq Technologies's Days Sales Outstanding

For the Oil & Gas Equipment & Services subindustry, Enteq Technologies's Days Sales Outstanding, along with its competitors' market caps and Days Sales Outstanding data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Enteq Technologies's Days Sales Outstanding Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Enteq Technologies's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Enteq Technologies's Days Sales Outstanding falls into.

Enteq Technologies Days Sales Outstanding Calculation

Days Sales Outstanding measures the average number of days that a company takes to collect revenue after a sale has been made. It is a financial ratio that illustrates how well a company's Accounts Receivable are being managed.

Accounts Receivable can be measured by Days Sales Outstanding.

Enteq Technologies's Days Sales Outstanding for the fiscal year that ended in Mar. 2023 is calculated as

	Days Sales Outstanding (A: Mar. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Mar. 2022 )	+	Accounts Receivable (A: Mar. 2023 ))	/	count )	/	Revenue (A: Mar. 2023 )	*	Days in Period
=	( (2.467	+	0.081)	/	2 )	/	0	*	365
=	1.274					/	0	*	365
=	N/A

Enteq Technologies's Days Sales Outstanding for the quarter that ended in Sep. 2023 is calculated as:

	Days Sales Outstanding (Q: Sep. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Mar. 2023 )	+	Accounts Receivable (A: Sep. 2023 ))	/	count )	/	Revenue (A: Sep. 2023 )	*	Days in Period
=	( (0.081	+	0.418)	/	2 )	/	0.625	*	365 / 2
=	0.2495					/	0.625	*	365 / 2
=	72.85

Enteq Technologies (LSE:NTQ) Days Sales Outstanding Explanation

For retailers, when we compare Days Sales Outstanding, it is important to compare the same period in the previous years.

Enteq Technologies Days Sales Outstanding Related Terms

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Enteq Technologies (LSE:NTQ) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Enteq Technologies PLC (LSE:NTQ) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

High Street Ascot, The Courtyard, Berkshire, GBR, SL5 7HP

Website

https://www.enteq.com

Enteq Technologies PLC is engaged in providing energy technologies for directional drilling and geo-steering. It develops technologies for measurement, logging, and geo-steering while drilling wells for oil, gas, and geothermal markets. The company products include Measurement While Drilling, Downhole Connectivity Systems, Logging While Drilling, At-Bit System, the SABER Tool - Rotary Steerable System.

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