Spindletop Oil & Gas Co (Spindletop Oil & Gas Co) Days Sales Outstanding : 149.54 (As of Dec. 2023)

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What is Spindletop Oil & Gas Co Days Sales Outstanding?

Spindletop Oil & Gas Co's average Accounts Receivable for the three months ended in Dec. 2023 was $1.98 Mil. Spindletop Oil & Gas Co's Revenue for the three months ended in Dec. 2023 was $1.21 Mil. Hence, Spindletop Oil & Gas Co's Days Sales Outstanding for the three months ended in Dec. 2023 was 149.54.

The historical rank and industry rank for Spindletop Oil & Gas Co's Days Sales Outstanding or its related term are showing as below:

SPND' s Days Sales Outstanding Range Over the Past 10 Years
Min: 31.75 Med: 155.18 Max: 297.49
Current: 137.09

During the past 13 years, Spindletop Oil & Gas Co's highest Days Sales Outstanding was 297.49. The lowest was 31.75. And the median was 155.18.

SPND's Days Sales Outstanding is ranked worse than
88.69% of 937 companies
in the Oil & Gas industry
Industry Median: 48.71 vs SPND: 137.09

Spindletop Oil & Gas Co's Days Sales Outstanding increased from Dec. 2022 (146.61) to Dec. 2023 (149.54).

Spindletop Oil & Gas Co Days Sales Outstanding Historical Data

The historical data trend for Spindletop Oil & Gas Co'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.

Spindletop Oil & Gas Co Days Sales Outstanding Chart

Spindletop Oil & Gas Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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189.62

297.49

171.94

115.87

153.36

Spindletop Oil & Gas Co Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Sales Outstanding	Get a 7-Day Free Trial															146.61	154.23	148.09	96.81	149.54

Competitive Comparison of Spindletop Oil & Gas Co's Days Sales Outstanding

For the Oil & Gas E&P subindustry, Spindletop Oil & Gas Co'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.

Spindletop Oil & Gas Co's Days Sales Outstanding Distribution in the Oil & Gas Industry

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

* The bar in red indicates where Spindletop Oil & Gas Co's Days Sales Outstanding falls into.

Spindletop Oil & Gas Co 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.

Spindletop Oil & Gas Co'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
=	( (2.2	+	2.09)	/	2 )	/	5.105	*	365
=	2.145					/	5.105	*	365
=	153.36

Spindletop Oil & Gas Co'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
=	( (1.876	+	2.09)	/	2 )	/	1.21	*	365 / 4
=	1.983					/	1.21	*	365 / 4
=	149.54

Spindletop Oil & Gas Co (OTCPK:SPND) Days Sales Outstanding Explanation

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

Spindletop Oil & Gas Co Days Sales Outstanding Related Terms

Thank you for viewing the detailed overview of Spindletop Oil & Gas Co's Days Sales Outstanding provided by GuruFocus.com. Please click on the following links to see related term pages.

Spindletop Oil & Gas Co (Spindletop Oil & Gas Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Spindletop Oil & Gas Co (OTCPK:SPND) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

12850 Spurling Road, Suite 200, One Spindletop Centre, Dallas, TX, USA, 75230-1279

Website

https://wwww.spindletopoil.com

Spindletop Oil & Gas Co is an independent oil and gas company. The firm has three business segments: oil and gas exploration, acquisition, production, and operations; transportation and compression of natural gas and commercial real estate investment. It generates maximum revenue from the oil and gas exploration, acquisition, production, and operations segment.

Executives

Paul E. Cash

other: Former Director

347 TRIPP RD., SUNNYVALE TX 75182

Spindletop Oil & Gas Co (Spindletop Oil & Gas Co) Headlines

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