EQT (LTS:0IDU) Days Sales Outstanding : 44.34 (As of Mar. 2024)

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What is EQT Days Sales Outstanding?

EQT's average Accounts Receivable for the three months ended in Mar. 2024 was $634 Mil. EQT's Revenue for the three months ended in Mar. 2024 was $1,306 Mil. Hence, EQT's Days Sales Outstanding for the three months ended in Mar. 2024 was 44.34.

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

LTS:0IDU' s Days Sales Outstanding Range Over the Past 10 Years
Min: 41.4 Med: 62.92 Max: 88.94
Current: 47.14

During the past 13 years, EQT's highest Days Sales Outstanding was 88.94. The lowest was 41.40. And the median was 62.92.

LTS:0IDU's Days Sales Outstanding is ranked better than
51.23% of 935 companies
in the Oil & Gas industry
Industry Median: 48.53 vs LTS:0IDU: 47.14

EQT's Days Sales Outstanding declined from Mar. 2023 (55.56) to Mar. 2024 (44.34).

EQT Days Sales Outstanding Historical Data

The historical data trend for EQT'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.

* Premium members only.

EQT Days Sales Outstanding Chart

EQT Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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88.94

80.77

53.49

45.79

87.53

EQT Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Sales Outstanding	Get a 7-Day Free Trial															55.56	58.92	46.82	46.02	44.34

Competitive Comparison of EQT's Days Sales Outstanding

For the Oil & Gas E&P subindustry, EQT'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.

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

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

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

EQT 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.

EQT's Days Sales Outstanding for the fiscal year that ended in Dec. 2023 is calculated as

	Days Sales Outstanding (A: Dec. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Dec. 2022 )	+	Accounts Receivable (A: Dec. 2023 ))	/	count )	/	Revenue (A: Dec. 2023 )	*	Days in Period
=	( (1608.089	+	823.695)	/	2 )	/	5069.982	*	365
=	1215.892					/	5069.982	*	365
=	87.53

EQT's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

	Days Sales Outstanding (Q: Mar. 2024 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Dec. 2023 )	+	Accounts Receivable (A: Mar. 2024 ))	/	count )	/	Revenue (A: Mar. 2024 )	*	Days in Period
=	( (823.695	+	445.156)	/	2 )	/	1305.757	*	365 / 4
=	634.4255					/	1305.757	*	365 / 4
=	44.34

EQT (LTS:0IDU) Days Sales Outstanding Explanation

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

EQT Days Sales Outstanding Related Terms

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EQT (LTS:0IDU) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » EQT Corp (LTS:0IDU) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

EQT:USA EQ6:Germany EQ6:Germany

Address

625 Liberty Avenue, Suite 1700, Pittsburgh, PA, USA, 15222

Website

https://www.eqt.com

EQT Corp is an independent natural gas production company with operations focused in the cores of the Marcellus and Utica shales in the Appalachian Basin, located in the Eastern United States. The firm focuses on executing combo-development projects for developing multiwell pads to meet supply needs, with a focus on maximizing operational efficiency, technology, and sustainability. Its main customers include marketers, utilities, and industrial operators in the Appalachian Basin. The company has one reportable segment and its revenue stems from three types of gas reserves: natural gas, natural gas liquids, and crude oil. All of the firm's operating revenue is generated in the U.S., with most revenue flowing from the Marcellus Shale field and through the sale of natural gas.

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