Criterium Energy (TSXV:CEQ) Days Sales Outstanding : 29.39 (As of Sep. 2024)

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What is Criterium Energy Days Sales Outstanding?

Criterium Energy's average Accounts Receivable for the three months ended in Sep. 2024 was C$2.66 Mil. Criterium Energy's Revenue for the three months ended in Sep. 2024 was C$8.27 Mil. Hence, Criterium Energy's Days Sales Outstanding for the three months ended in Sep. 2024 was 29.39.

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

TSXV:CEQ' s Days Sales Outstanding Range Over the Past 10 Years
Min: 25.43 Med: 110.23 Max: 254.81
Current: 25.43

During the past 13 years, Criterium Energy's highest Days Sales Outstanding was 254.81. The lowest was 25.43. And the median was 110.23.

TSXV:CEQ's Days Sales Outstanding is ranked better than
81.53% of 915 companies
in the Oil & Gas industry
Industry Median: 48.53 vs TSXV:CEQ: 25.43

Criterium Energy's Days Sales Outstanding declined from Sep. 2023 (153.77) to Sep. 2024 (29.39).

Criterium Energy Days Sales Outstanding Historical Data

The historical data trend for Criterium 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.

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Criterium Energy Days Sales Outstanding Chart

Criterium Energy Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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114.51

96.39

96.42

157.26

254.81

Criterium Energy 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															153.77	194.51	17.47	33.59	29.39

Competitive Comparison of Criterium Energy's Days Sales Outstanding

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

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

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

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

Criterium 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.

Criterium Energy'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
=	( (0.112	+	0.036)	/	2 )	/	0.106	*	365
=	0.074					/	0.106	*	365
=	254.81

Criterium Energy'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
=	( (2.757	+	2.572)	/	2 )	/	8.272	*	365 / 4
=	2.6645					/	8.272	*	365 / 4
=	29.39

Criterium Energy (TSXV:CEQ) Days Sales Outstanding Explanation

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

Criterium Energy Days Sales Outstanding Related Terms

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Criterium Energy Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Criterium Energy Ltd (TSXV:CEQ) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

202 - 6 Avenue SW, Bow Valley Square Tower 1?, Suite 1120, Calgary, AB, CAN, T2P 2R9

Website

https://www.criteriumenergy.com

Criterium Energy Ltd is an upstream energy company. It engages in the business of oil and gas exploration and development in Indonesia and Canada. The company has two operating segments, one being the acquisition, exploration and development of oil and gas properties in Indonesia and the second being oil and gas royalties from properties in Canada.

Executives

David Bruce Dunlop	Director
Matthew Klukas	Senior Officer

Criterium Energy Headlines

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