TCEC (TransCoastal) Days Sales Outstanding: 89.22 (As of Jun. 2015)

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What is TransCoastal Days Sales Outstanding?

TransCoastal TCEC Days Sales Outstanding is 89.22 as of Jun. 2015.

TransCoastal's average Accounts Receivable for the three months ended in Jun. 2015 was $0.20 Mil. TransCoastal's Revenue for the three months ended in Jun. 2015 was $0.20 Mil. Hence, TransCoastal's Days Sales Outstanding for the three months ended in Jun. 2015 was 89.22.

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

TCEC's Days Sales Outstanding is not ranked *
in the Oil & Gas industry.
Industry Median: 44.99
* Ranked among companies with meaningful Days Sales Outstanding only.

TransCoastal's Days Sales Outstanding increased from Jun. 2014 (24.83) to Jun. 2015 (89.22).


TransCoastal  (OTCPK:TCEC) Days Sales Outstanding Explanation

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


TransCoastal Days Sales Outstanding Related Terms


TransCoastal Days Sales Outstanding Historical Data

* Premium members only.

The historical data trend for TransCoastal'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.

TransCoastal Days Sales Outstanding Chart

TransCoastal Annual Data
Trend Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14
Days Sales Outstanding
Get a 7-Day Free Trial Premium Member Only Premium Member Only 51.16 51.11 25.29 47.84 31.46

TransCoastal Quarterly Data
Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15
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 24.83 21.09 41.58 29.64 89.22

TCEC vs UNGS, FPPP, GBEYF: Days Sales Outstanding Comparison

For the Oil & Gas E&P subindustry, TransCoastal'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.


TransCoastal Days Sales Outstanding vs Oil & Gas Industry

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

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



TransCoastal 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.

TransCoastal's Days Sales Outstanding for the fiscal year that ended in Dec. 2014 is calculated as

Days Sales Outstanding (A: Dec. 2014 )
=Average Accounts Receivable /Revenue*Days in Period
=( (Accounts Receivable (A: Dec. 2013 ) + Accounts Receivable (A: Dec. 2014 )) / count ) / Revenue (A: Dec. 2014 )*Days in Period
=( (0.436 + 0.225) / 2 ) / 3.835*365
=0.3305 / 3.835*365
=31.46

TransCoastal's Days Sales Outstanding for the quarter that ended in Jun. 2015 is calculated as:

Days Sales Outstanding (Q: Jun. 2015 )
=Average Accounts Receivable /Revenue*Days in Period
=( (Accounts Receivable (A: Mar. 2015 ) + Accounts Receivable (A: Jun. 2015 )) / count ) / Revenue (A: Jun. 2015 )*Days in Period
=( (0.207 + 0.188) / 2 ) / 0.202*365 / 4
=0.1975 / 0.202*365 / 4
=89.22

* 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.

Frequently Asked Questions Learn more about Days Sales Outstanding →
What does a Days Sales Outstanding of 89.22 mean?
TransCoastal (TCEC) has a Days Sales Outstanding of 89.22 as of Jun. 2015. Days sales outstanding represents the average amount of days a company takes to collect receivables. View historical data on TransCoastal and its competitors.
Is TransCoastal's Days Sales Outstanding too high?
TransCoastal's current Days Sales Outstanding is 89.22. The Oil & Gas industry median Days Sales Outstanding is 44.99. TransCoastal's value of 89.22 is 98.3% above this industry median.
How does TransCoastal's Days Sales Outstanding compare to UNGS and FPPP?
TransCoastal's Days Sales Outstanding of 89.22 can be compared against companies in the Oil & Gas industry. The industry median Days Sales Outstanding is 44.99. TransCoastal's value of 89.22 is 98.3% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Days Sales Outstanding for an Oil & Gas company?
The median Days Sales Outstanding among Oil & Gas companies is 44.99, based on 902 companies in the industry. Companies in the top quartile (top 25%) have a Days Sales Outstanding significantly above this median, while those in the bottom quartile fall well below. However, Days Sales Outstanding should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. TransCoastal's current Days Sales Outstanding of 89.22 is 98.3% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Days Sales Outstanding mean?
A high Days Sales Outstanding can signal that a stock is expensive relative to its fundamentals. Days sales outstanding represents the average amount of days a company takes to collect receivables. View historical data on TransCoastal and its competitors. For the Oil & Gas industry, the median Days Sales Outstanding is 44.99 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. TransCoastal's current Days Sales Outstanding is 89.22. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is TransCoastal stock overvalued right now?
TransCoastal (TCEC) has a current Days Sales Outstanding of 89.22. The current Days Sales Outstanding is 89.22 and 98.3% above the Oil & Gas industry median of 44.99. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Days Sales Outstanding calculated?
Days Sales Outstanding is calculated from a company's financial statements. For TransCoastal (TCEC), the current Days Sales Outstanding is 89.22 as of Jun. 2015. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

TransCoastal Business Description

Industry EnergyOil & Gas
Address 4975 Voyager Drive, Dallas, TX, USA, 75237
TransCoastal Corp is an oil and gas exploration and production company. It is engaged in the development of oil and gas reserves in the state of Texas. The company has acquired or divested over 100 wells in Texas and has over 200 undeveloped locations on over 6000 acres of leased oil and gas property located primarily in the panhandle area of west Texas.