Abraj Energy Services CoOG (MUS:ABRJ) Days Sales Outstanding : 78.85 (As of Sep. 2024)

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What is Abraj Energy Services CoOG Days Sales Outstanding?

Abraj Energy Services CoOG's average Accounts Receivable for the three months ended in Sep. 2024 was ر.ع31.4 Mil. Abraj Energy Services CoOG's Revenue for the three months ended in Sep. 2024 was ر.ع36.3 Mil. Hence, Abraj Energy Services CoOG's Days Sales Outstanding for the three months ended in Sep. 2024 was 78.85.

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

MUS:ABRJ' s Days Sales Outstanding Range Over the Past 10 Years
Min: 68.01 Med: 69.62 Max: 79.5
Current: 79.5

During the past 2 years, Abraj Energy Services CoOG's highest Days Sales Outstanding was 79.50. The lowest was 68.01. And the median was 69.62.

MUS:ABRJ's Days Sales Outstanding is ranked worse than
75.85% of 907 companies
in the Oil & Gas industry
Industry Median: 47.7 vs MUS:ABRJ: 79.50

Abraj Energy Services CoOG's Days Sales Outstanding declined from Sep. 2023 (97.75) to Sep. 2024 (78.85).

Abraj Energy Services CoOG Days Sales Outstanding Historical Data

The historical data trend for Abraj Energy Services CoOG'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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Abraj Energy Services CoOG Days Sales Outstanding Chart

Abraj Energy Services CoOG Annual Data

Trend

Dec22

Dec23

Days Sales Outstanding

68.01

71.22

Abraj Energy Services CoOG Quarterly Data
	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Days Sales Outstanding	Get a 7-Day Free Trial						97.75	83.61	74.38	77.16	78.85

Competitive Comparison of Abraj Energy Services CoOG's Days Sales Outstanding

For the Oil & Gas Drilling subindustry, Abraj Energy Services CoOG'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.

Abraj Energy Services CoOG's Days Sales Outstanding Distribution in the Oil & Gas Industry

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

* The bar in red indicates where Abraj Energy Services CoOG's Days Sales Outstanding falls into.

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Abraj Energy Services CoOG 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.

Abraj Energy Services CoOG'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
=	( (25.533	+	30.798)	/	2 )	/	144.346	*	365
=	28.1655					/	144.346	*	365
=	71.22

Abraj Energy Services CoOG's Days Sales Outstanding for the quarter that ended in Sep. 2024 is calculated as:

	Days Sales Outstanding (Q: Sep. 2024 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Jun. 2024 )	+	Accounts Receivable (A: Sep. 2024 ))	/	count )	/	Revenue (A: Sep. 2024 )	*	Days in Period
=	( (32.246	+	30.569)	/	2 )	/	36.347	*	365 / 4
=	31.4075					/	36.347	*	365 / 4
=	78.85

Abraj Energy Services CoOG (MUS:ABRJ) Days Sales Outstanding Explanation

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

Abraj Energy Services CoOG Days Sales Outstanding Related Terms

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Abraj Energy Services CoOG Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Abraj Energy Services Co SAOG (MUS:ABRJ) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

Building Number 420, Way number 1005, 4th floor, Mawaleh, Muscat, OMN

Website

https://www.abrajenergy.com

Abraj Energy Services Co SAOG is an integrated energy company. It mainly provides oilfield services such as onshore drilling, workover, flowback, well testing, healthy intervention, cementing, fracturing, coil tubing, integrated project management, drilling fluids services, and training services. It has two reportable segments: Drilling and Work Over, Well Services, and Others of which it generates the majority of the revenue from the Drilling and Work Over Segment.

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