Renaissance ServicesOG (MUS:RNSS) Days Sales Outstanding : 151.27 (As of Mar. 2024)

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What is Renaissance ServicesOG Days Sales Outstanding?

Renaissance ServicesOG's average Accounts Receivable for the three months ended in Mar. 2024 was ر.ع42.3 Mil. Renaissance ServicesOG's Revenue for the three months ended in Mar. 2024 was ر.ع25.5 Mil. Hence, Renaissance ServicesOG's Days Sales Outstanding for the three months ended in Mar. 2024 was 151.27.

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

MUS:RNSS' s Days Sales Outstanding Range Over the Past 10 Years
Min: 82.93 Med: 117.77 Max: 230.75
Current: 157.64

During the past 13 years, Renaissance ServicesOG's highest Days Sales Outstanding was 230.75. The lowest was 82.93. And the median was 117.77.

MUS:RNSS's Days Sales Outstanding is ranked worse than
90.6% of 1043 companies
in the Business Services industry
Industry Median: 58.62 vs MUS:RNSS: 157.64

Renaissance ServicesOG's Days Sales Outstanding declined from Mar. 2023 (157.76) to Mar. 2024 (151.27).

Renaissance ServicesOG Days Sales Outstanding Historical Data

The historical data trend for Renaissance ServicesOG'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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Renaissance ServicesOG Days Sales Outstanding Chart

Renaissance ServicesOG Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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165.26

112.76

116.97

123.20

158.86

Renaissance ServicesOG 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															157.76	162.48	161.48	159.74	151.27

Competitive Comparison of Renaissance ServicesOG's Days Sales Outstanding

For the Specialty Business Services subindustry, Renaissance ServicesOG'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.

Renaissance ServicesOG's Days Sales Outstanding Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Renaissance ServicesOG's Days Sales Outstanding distribution charts can be found below:

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

Renaissance ServicesOG 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.

Renaissance ServicesOG'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
=	( (44.47	+	45.96)	/	2 )	/	103.886	*	365
=	45.215					/	103.886	*	365
=	158.86

Renaissance ServicesOG'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
=	( (45.96	+	38.567)	/	2 )	/	25.495	*	365 / 4
=	42.2635					/	25.495	*	365 / 4
=	151.27

Renaissance ServicesOG (MUS:RNSS) Days Sales Outstanding Explanation

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

Renaissance ServicesOG Days Sales Outstanding Related Terms

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Renaissance ServicesOG (MUS:RNSS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Renaissance Services SAOG (MUS:RNSS) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

Renaissance House, P.O. Box 1676, Muttrah, OMN, 114

Website

https://www.renaissanceservices.com

Renaissance Services SAOG provides vessel chartering, contract, accommodation, and integrated facilities management services to the oil and gas industry. Its segments include contract services which consist of contract services, accommodation solutions, and integrated facilities management (IFM) services. Geographically, it derives most of its revenue from Oman.

Renaissance ServicesOG (MUS:RNSS) Headlines

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