CES Energy Solutions (TSX:CEU) Days Sales Outstanding : 65.28 (As of Sep. 2024)

View and export this data going back to 2006. Start your Free Trial

What is CES Energy Solutions Days Sales Outstanding?

CES Energy Solutions's average Accounts Receivable for the three months ended in Sep. 2024 was C$434 Mil. CES Energy Solutions's Revenue for the three months ended in Sep. 2024 was C$607 Mil. Hence, CES Energy Solutions's Days Sales Outstanding for the three months ended in Sep. 2024 was 65.28.

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

TSX:CEU' s Days Sales Outstanding Range Over the Past 10 Years
Min: 52.69 Med: 64.84 Max: 106.75
Current: 66.93

During the past 13 years, CES Energy Solutions's highest Days Sales Outstanding was 106.75. The lowest was 52.69. And the median was 64.84.

TSX:CEU's Days Sales Outstanding is ranked worse than
67.47% of 916 companies
in the Oil & Gas industry
Industry Median: 48.64 vs TSX:CEU: 66.93

CES Energy Solutions's Days Sales Outstanding declined from Sep. 2023 (70.51) to Sep. 2024 (65.28).

CES Energy Solutions Days Sales Outstanding Historical Data

The historical data trend for CES Energy Solutions'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.

CES Energy Solutions Days Sales Outstanding Chart

CES Energy Solutions Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

Get a 7-Day Free Trial

61.14

64.25

52.69

58.05

61.63

CES Energy Solutions Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Days Sales Outstanding	Get a 7-Day Free Trial															70.51	63.80	63.28	73.04	65.28

Competitive Comparison of CES Energy Solutions's Days Sales Outstanding

For the Oil & Gas Equipment & Services subindustry, CES Energy Solutions'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.

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

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

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

CES Energy Solutions 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.

CES Energy Solutions'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
=	( (382.756	+	347.833)	/	2 )	/	2163.512	*	365
=	365.2945					/	2163.512	*	365
=	61.63

CES Energy Solutions's Days Sales Outstanding for the quarter that ended in Sep. 2024 is calculated as:

	Days Sales Outstanding (Q: Sep. 2024 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Jun. 2024 )	+	Accounts Receivable (A: Sep. 2024 ))	/	count )	/	Revenue (A: Sep. 2024 )	*	Days in Period
=	( (417.094	+	450.754)	/	2 )	/	606.519	*	365 / 4
=	433.924					/	606.519	*	365 / 4
=	65.28

CES Energy Solutions (TSX:CEU) Days Sales Outstanding Explanation

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

CES Energy Solutions Days Sales Outstanding Related Terms

Thank you for viewing the detailed overview of CES Energy Solutions's Days Sales Outstanding provided by GuruFocus.com. Please click on the following links to see related term pages.

CES Energy Solutions Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » CES Energy Solutions Corp (TSX:CEU) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

CESDF:USA 7C4:Germany 7C4:Germany

Address

332 - 6th Avenue S.W., Suite 1400, Calgary, AB, CAN, T2P 0B2

Website

https://www.cesenergysolutions.com

CES Energy Solutions Corp provides consumable chemical solutions throughout the lifecycle of the oilfield. This includes solutions at drill-bit, at point of completion and stimulation, at wellhead and pump-jack, and to the pipeline and midstream market. Its geographical segments are the United States and Canada, of which the majority of its revenue comes from the United States.

Executives

Anthony Michael Aulicino	Senior Officer
Vernon James Disney	Senior Officer
Matthew Stephen Bell	Senior Officer
Kenneth Earl Zinger	Senior Officer
James Farnsworth Strickland	Senior Officer
John Michael Hooks	Director
Stella Cosby	Director
Ian Donald Hardacre	Director
Kyle Kitagawa	Director
Spencer Davis Armour Iii	Director
Edwin Joseph Wright	Director
Edgepoint Canadian Portfolio	10% Security Holder
Edgepoint Investment Group Inc.	10% Security Holder
Michael Hallat	Director or Senior Officer of Insider or Subsidiary (other than in 4,5,6)
Philip Scherman	Director

CES Energy Solutions Headlines

No Headlines