Norse Energy ASA (OSTO:NECO) Days Sales Outstanding : 1,238.78 (As of Sep. 2013)

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What is Norse Energy ASA Days Sales Outstanding?

Norse Energy ASA's average Accounts Receivable for the three months ended in Sep. 2013 was kr1.62 Mil. Norse Energy ASA's Revenue for the three months ended in Sep. 2013 was kr0.12 Mil. Hence, Norse Energy ASA's Days Sales Outstanding for the three months ended in Sep. 2013 was 1,238.78.

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

OSTO:NECO' s Days Sales Outstanding Range Over the Past 10 Years
Min: 63.15 Med: 131.16 Max: 968.45
Current: 522.72

During the past 9 years, Norse Energy ASA's highest Days Sales Outstanding was 968.45. The lowest was 63.15. And the median was 131.16.

OSTO:NECO's Days Sales Outstanding is not ranked
in the Oil & Gas industry.
Industry Median: 48.945 vs OSTO:NECO: 522.72

Norse Energy ASA's Days Sales Outstanding declined from Sep. 2012 (3,724.10) to Sep. 2013 (1,238.78).

Norse Energy ASA Days Sales Outstanding Historical Data

The historical data trend for Norse Energy ASA'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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Norse Energy ASA Days Sales Outstanding Chart

Norse Energy ASA Annual Data

Trend

Dec04

Dec05

Dec06

Dec07

Dec08

Dec09

Dec10

Dec11

Dec12

Days Sales Outstanding

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968.44

14,201.73

Norse Energy ASA Quarterly Data
	Dec08	Mar09	Jun09	Sep09	Dec09	Mar10	Jun10	Sep10	Dec10	Mar11	Jun11	Sep11	Dec11	Mar12	Jun12	Sep12	Dec12	Mar13	Jun13	Sep13
Days Sales Outstanding	Get a 7-Day Free Trial															3,724.10	170.76	1,023.04	1,448.37	1,238.78

Competitive Comparison of Norse Energy ASA's Days Sales Outstanding

For the Oil & Gas E&P subindustry, Norse Energy ASA'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.

Norse Energy ASA's Days Sales Outstanding Distribution in the Oil & Gas Industry

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

* The bar in red indicates where Norse Energy ASA's Days Sales Outstanding falls into.

Norse Energy ASA 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.

Norse Energy ASA's Days Sales Outstanding for the fiscal year that ended in Dec. 2012 is calculated as

	Days Sales Outstanding (A: Dec. 2012 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Dec. 2011 )	+	Accounts Receivable (A: Dec. 2012 ))	/	count )	/	Revenue (A: Dec. 2012 )	*	Days in Period
=	( (150.62	+	2.603)	/	2 )	/	1.969	*	365
=	76.6115					/	1.969	*	365
=	14,201.73

Norse Energy ASA's Days Sales Outstanding for the quarter that ended in Sep. 2013 is calculated as:

	Days Sales Outstanding (Q: Sep. 2013 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Jun. 2013 )	+	Accounts Receivable (A: Sep. 2013 ))	/	count )	/	Revenue (A: Sep. 2013 )	*	Days in Period
=	( (2.527	+	0.704)	/	2 )	/	0.119	*	365 / 4
=	1.6155					/	0.119	*	365 / 4
=	1,238.78

Norse Energy ASA (OSTO:NECO) Days Sales Outstanding Explanation

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

Norse Energy ASA Days Sales Outstanding Related Terms

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Norse Energy ASA (OSTO:NECO) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Norse Energy Corp. ASA (OSTO:NECO) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

Munkedamsveien 35, 3rd floor, P.O. Box 1903, Oslo, NOR, 0250

Website

http://www.northernoil.no

Norse Energy Corp ASA and its subsidiaries are engaged in the acquisition, exploration and development of oil and natural gas properties in the US.

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