Headwater Exploration (TSX:HWX) Days Sales Outstanding : 31.42 (As of Mar. 2025)

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What is Headwater Exploration Days Sales Outstanding?

Headwater Exploration's average Accounts Receivable for the three months ended in Mar. 2025 was C$58.6 Mil. Headwater Exploration's Revenue for the three months ended in Mar. 2025 was C$170.2 Mil. Hence, Headwater Exploration's Days Sales Outstanding for the three months ended in Mar. 2025 was 31.42.

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

TSX:HWX' s Days Sales Outstanding Range Over the Past 10 Years
Min: 29.36 Med: 39.52 Max: 155.76
Current: 36.88

During the past 13 years, Headwater Exploration's highest Days Sales Outstanding was 155.76. The lowest was 29.36. And the median was 39.52.

TSX:HWX's Days Sales Outstanding is ranked better than
64.36% of 912 companies
in the Oil & Gas industry
Industry Median: 47.16 vs TSX:HWX: 36.88

Headwater Exploration's Days Sales Outstanding declined from Mar. 2024 (38.31) to Mar. 2025 (31.42).

Headwater Exploration Days Sales Outstanding Historical Data

The historical data trend for Headwater Exploration'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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Headwater Exploration Days Sales Outstanding Chart

Headwater Exploration Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Days Sales Outstanding

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155.76

34.48

29.36

32.09

31.03

Headwater Exploration Quarterly Data
	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24	Mar25
Days Sales Outstanding	Get a 7-Day Free Trial															38.31	39.23	42.74	36.80	31.42

Competitive Comparison of Headwater Exploration's Days Sales Outstanding

For the Oil & Gas E&P subindustry, Headwater Exploration'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.

Headwater Exploration's Days Sales Outstanding Distribution in the Oil & Gas Industry

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

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

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Headwater Exploration 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.

Headwater Exploration'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
=	( (46.744	+	58.623)	/	2 )	/	619.804	*	365
=	52.6835					/	619.804	*	365
=	31.03

Headwater Exploration's Days Sales Outstanding for the quarter that ended in Mar. 2025 is calculated as:

	Days Sales Outstanding (Q: Mar. 2025 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Dec. 2024 )	+	Accounts Receivable (A: Mar. 2025 ))	/	count )	/	Revenue (A: Mar. 2025 )	*	Days in Period
=	( (58.623	+	58.57)	/	2 )	/	170.155	*	365 / 4
=	58.5965					/	170.155	*	365 / 4
=	31.42

Headwater Exploration (TSX:HWX) Days Sales Outstanding Explanation

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

Headwater Exploration Days Sales Outstanding Related Terms

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Headwater Exploration Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Headwater Exploration Inc (TSX:HWX) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

CDDRF:USA C6V:Germany

Address

215 - 9th Avenue S.W, Unit 1400, Calgary, AB, CAN, T2P 1K3

Website

https://www.headwaterexp.com

Headwater Exploration Inc is an oil and gas exploration and development company. It is engaged in the exploration for development and production of petroleum and natural gas onshore in McCully Field, New Brunswick and Marten Hills, Alberta. The firm generates substantial revenue from the sale of commodities which include crude oil, natural gas and natural gas liquids.

Executives

Phillip R. Knoll	Director
Dieter Deines	Senior Officer
Stephen Phillip Larke	Director
Kevin Olson	Director
Jonathan L. Grimwood	Senior Officer
Chandra Henry	Director
David Lawrence Pearce	Director
Bradley Christman	Senior Officer
Terry Ryan Danku	Senior Officer
Alexandra Horvath	Senior Officer
Scott Earl Rideout	Senior Officer
Jason Jowill Jaskela	Director, Senior Officer

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