Shelf Drilling (North Sea) (OSL:SDNS) Days Sales Outstanding : 85.52 (As of Dec. 2023)

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What is Shelf Drilling (North Sea) Days Sales Outstanding?

Shelf Drilling (North Sea)'s average Accounts Receivable for the three months ended in Dec. 2023 was kr301 Mil. Shelf Drilling (North Sea)'s Revenue for the three months ended in Dec. 2023 was kr321 Mil. Hence, Shelf Drilling (North Sea)'s Days Sales Outstanding for the three months ended in Dec. 2023 was 85.52.

The historical rank and industry rank for Shelf Drilling (North Sea)'s Days Sales Outstanding or its related term are showing as below:

OSL:SDNS' s Days Sales Outstanding Range Over the Past 10 Years
Min: 72.2 Med: 158.28 Max: 239.79
Current: 72.2

During the past 3 years, Shelf Drilling (North Sea)'s highest Days Sales Outstanding was 239.79. The lowest was 72.20. And the median was 158.28.

OSL:SDNS's Days Sales Outstanding is ranked worse than
71.44% of 935 companies
in the Oil & Gas industry
Industry Median: 49.11 vs OSL:SDNS: 72.20

Shelf Drilling (North Sea)'s Days Sales Outstanding increased from Dec. 2022 (59.95) to Dec. 2023 (85.52).

Shelf Drilling (North Sea) Days Sales Outstanding Historical Data

The historical data trend for Shelf Drilling (North Sea)'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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Shelf Drilling (North Sea) Days Sales Outstanding Chart

Shelf Drilling (North Sea) Annual Data

Trend

Dec21

Dec22

Dec23

Days Sales Outstanding

239.79

76.76

Shelf Drilling (North Sea) Quarterly Data
	Jun21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Sales Outstanding	Get a 7-Day Free Trial					59.95	68.90	66.29	66.44	85.52

Competitive Comparison of Shelf Drilling (North Sea)'s Days Sales Outstanding

For the Oil & Gas Equipment & Services subindustry, Shelf Drilling (North Sea)'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.

Shelf Drilling (North Sea)'s Days Sales Outstanding Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Shelf Drilling (North Sea)'s Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Shelf Drilling (North Sea)'s Days Sales Outstanding falls into.

Shelf Drilling (North Sea) 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.

Shelf Drilling (North Sea)'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
=	( (316.746	+	291.163)	/	2 )	/	1445.268	*	365
=	303.9545					/	1445.268	*	365
=	76.76

Shelf Drilling (North Sea)'s Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

	Days Sales Outstanding (Q: Dec. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Sep. 2023 )	+	Accounts Receivable (A: Dec. 2023 ))	/	count )	/	Revenue (A: Dec. 2023 )	*	Days in Period
=	( (309.944	+	291.163)	/	2 )	/	320.702	*	365 / 4
=	300.5535					/	320.702	*	365 / 4
=	85.52

Shelf Drilling (North Sea) (OSL:SDNS) Days Sales Outstanding Explanation

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

Shelf Drilling (North Sea) Days Sales Outstanding Related Terms

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Shelf Drilling (North Sea) (OSL:SDNS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Shelf Drilling (North Sea) Ltd (OSL:SDNS) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

Lakes Towers, JLT, Floor 12, P.O. Box 212201, Jumeirah, Dubai, ARE

Website

https://www.shelfdrillingnorthsea.com

Shelf Drilling (North Sea) Ltd is a shallow-water offshore drilling contractor operating primarily in the North Sea. It is engaged in the provision of equipment and services for the drilling, completion and well maintenance of shallow water offshore oil and natural gas wells. The Group is primarily engaged in development and workover activity on producing assets, with a focus on shallow water operations in water depths of up to 500 feet.

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