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PTOAF (Cavvy Energy) Days Sales Outstanding : 85.30 (As of Dec. 2024)


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What is Cavvy Energy Days Sales Outstanding?

Cavvy Energy's average Accounts Receivable for the three months ended in Dec. 2024 was $31.7 Mil. Cavvy Energy's Revenue for the three months ended in Dec. 2024 was $33.9 Mil. Hence, Cavvy Energy's Days Sales Outstanding for the three months ended in Dec. 2024 was 85.30.

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

PTOAF' s Days Sales Outstanding Range Over the Past 10 Years
Min: 46.45   Med: 88.1   Max: 4428.67
Current: 84.08

During the past 13 years, Cavvy Energy's highest Days Sales Outstanding was 4428.67. The lowest was 46.45. And the median was 88.10.

PTOAF's Days Sales Outstanding is ranked worse than
77.64% of 908 companies
in the Oil & Gas industry
Industry Median: 47.035 vs PTOAF: 84.08

Cavvy Energy's Days Sales Outstanding increased from Dec. 2023 (48.03) to Dec. 2024 (85.30).


Cavvy Energy Days Sales Outstanding Historical Data

The historical data trend for Cavvy Energy'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.

Cavvy Energy Days Sales Outstanding Chart

Cavvy Energy Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Days Sales Outstanding
Get a 7-Day Free Trial Premium Member Only Premium Member Only 64.84 51.54 47.58 65.32 94.62

Cavvy Energy Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
Days Sales Outstanding Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 48.03 67.41 91.12 93.54 85.30

Competitive Comparison of Cavvy Energy's Days Sales Outstanding

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


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

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

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


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Cavvy Energy 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.

Cavvy Energy's Days Sales Outstanding for the fiscal year that ended in Dec. 2024 is calculated as

Days Sales Outstanding (A: Dec. 2024 )
=Average Accounts Receivable /Revenue*Days in Period
=( (Accounts Receivable (A: Dec. 2023 ) + Accounts Receivable (A: Dec. 2024 )) / count ) / Revenue (A: Dec. 2024 )*Days in Period
=( (45.858 + 35.212) / 2 ) / 156.364*365
=40.535 / 156.364*365
=94.62

Cavvy Energy's Days Sales Outstanding for the quarter that ended in Dec. 2024 is calculated as:

Days Sales Outstanding (Q: Dec. 2024 )
=Average Accounts Receivable /Revenue*Days in Period
=( (Accounts Receivable (A: Sep. 2024 ) + Accounts Receivable (A: Dec. 2024 )) / count ) / Revenue (A: Dec. 2024 )*Days in Period
=( (28.213 + 35.212) / 2 ) / 33.924*365 / 4
=31.7125 / 33.924*365 / 4
=85.30

* 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.


Cavvy Energy  (OTCPK:PTOAF) Days Sales Outstanding Explanation

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


Cavvy Energy Days Sales Outstanding Related Terms

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Cavvy Energy Business Description

Traded in Other Exchanges
Address
1718 Argyle Street, Suite 730, Halifax, NS, CAN, B3J 3N6
Pieridae Energy Ltd is a Canadian-owned corporation e is focused on developing and producing conventional raw natural gas and processing it into sales products that include natural gas liquids (NGLs) and sulphur. It is an upstream producer and midstream operator with core assets concentrated along the foothills of the Rocky Mountains. Its upstream segment is comprised of petroleum and natural gas production operations and properties. It also includes the company's upstream operations in Eastern Canada and corporate overhead activities associated with these operations.

Cavvy Energy Headlines

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