Journey Energy (TSX:JOY) Days Sales Outstanding : 42.84 (As of Dec. 2024)

View and export this data going back to 2014. Start your Free Trial

What is Journey Energy Days Sales Outstanding?

Journey Energy's average Accounts Receivable for the three months ended in Dec. 2024 was C$23.1 Mil. Journey Energy's Revenue for the three months ended in Dec. 2024 was C$49.2 Mil. Hence, Journey Energy's Days Sales Outstanding for the three months ended in Dec. 2024 was 42.84.

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

TSX:JOY' s Days Sales Outstanding Range Over the Past 10 Years
Min: 36.84 Med: 43.67 Max: 63
Current: 43.05

During the past 12 years, Journey Energy's highest Days Sales Outstanding was 63.00. The lowest was 36.84. And the median was 43.67.

TSX:JOY's Days Sales Outstanding is ranked better than
54.74% of 908 companies
in the Oil & Gas industry
Industry Median: 47.095 vs TSX:JOY: 43.05

Journey Energy's Days Sales Outstanding declined from Dec. 2023 (44.72) to Dec. 2024 (42.84).

Journey Energy Days Sales Outstanding Historical Data

The historical data trend for Journey 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.

Journey Energy Days Sales Outstanding Chart

Journey Energy Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Days Sales Outstanding

Get a 7-Day Free Trial

63.00

40.01

36.84

42.45

44.89

Journey 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															44.72	43.48	43.19	40.67	42.84

Competitive Comparison of Journey Energy's Days Sales Outstanding

For the Oil & Gas E&P subindustry, Journey 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.

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

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

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

Save Embed

;

Save Embed

;

Journey 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.

Journey 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
=	( (24.734	+	25.458)	/	2 )	/	204.043	*	365
=	25.096					/	204.043	*	365
=	44.89

Journey 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
=	( (20.699	+	25.458)	/	2 )	/	49.163	*	365 / 4
=	23.0785					/	49.163	*	365 / 4
=	42.84

Journey Energy (TSX:JOY) Days Sales Outstanding Explanation

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

Journey Energy Days Sales Outstanding Related Terms

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

Journey Energy Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Journey Energy Inc (TSX:JOY) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

JRNGF:USA 17J:Germany

Address

517 - 10th Avenue South West, Suite 700, Calgary, AB, CAN, T2R 0A8

Website

https://www.journeyenergy.ca

Journey Energy Inc is engaged in the exploration, development, and production of crude oil and natural gas in Alberta province. The company's principal revenue source is from petroleum and natural gas sales which include the sale of crude oil, natural gas and natural gas liquids, of which it derives key revenue from the sale of crude oil.

Executives

Alexander G. Verge	Director, Senior Officer
Gerald Gilewicz	Senior Officer
Craig Henry Hansen	Director
Guido De Ciancio	Senior Officer
Richard Tracy	Senior Officer
Scott Antony Treadwell	Director
Reginald Stevenson Smith	Director
Aaron P Bell	Senior Officer
Jenna Kaye	Director
Brett Boklaschuk	Issuer
Tom Mullane	Director
Jeffrey Keith Bowers	Director