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Maten Petroleum JSC (XKAZ:MATN) Days Sales Outstanding : 48.54 (As of Mar. 2024)


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What is Maten Petroleum JSC Days Sales Outstanding?

Maten Petroleum JSC's average Accounts Receivable for the three months ended in Mar. 2024 was ₸16,934 Mil. Maten Petroleum JSC's Revenue for the three months ended in Mar. 2024 was ₸31,837 Mil. Hence, Maten Petroleum JSC's Days Sales Outstanding for the three months ended in Mar. 2024 was 48.54.

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

XKAZ:MATN' s Days Sales Outstanding Range Over the Past 10 Years
Min: 20.03   Med: 32.55   Max: 50.35
Current: 36.23

During the past 13 years, Maten Petroleum JSC's highest Days Sales Outstanding was 50.35. The lowest was 20.03. And the median was 32.55.

XKAZ:MATN's Days Sales Outstanding is not ranked
in the Oil & Gas industry.
Industry Median: 48.755 vs XKAZ:MATN: 36.23

Maten Petroleum JSC's Days Sales Outstanding increased from Mar. 2023 (30.30) to Mar. 2024 (48.54).


Maten Petroleum JSC Days Sales Outstanding Historical Data

The historical data trend for Maten Petroleum JSC'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.

Maten Petroleum JSC Days Sales Outstanding Chart

Maten Petroleum JSC Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Sales Outstanding
Get a 7-Day Free Trial Premium Member Only Premium Member Only 34.21 50.35 22.16 20.03 35.30

Maten Petroleum JSC Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 30.30 25.36 33.17 51.34 48.54

Competitive Comparison of Maten Petroleum JSC's Days Sales Outstanding

For the Oil & Gas E&P subindustry, Maten Petroleum JSC'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.


Maten Petroleum JSC's Days Sales Outstanding Distribution in the Oil & Gas Industry

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

* The bar in red indicates where Maten Petroleum JSC's Days Sales Outstanding falls into.



Maten Petroleum JSC 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.

Maten Petroleum JSC'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
=( (11312.368 + 20124.339) / 2 ) / 162520.654*365
=15718.3535 / 162520.654*365
=35.30

Maten Petroleum JSC's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

Days Sales Outstanding (Q: Mar. 2024 )
=Average Accounts Receivable /Revenue*Days in Period
=( (Accounts Receivable (A: Dec. 2023 ) + Accounts Receivable (A: Mar. 2024 )) / count ) / Revenue (A: Mar. 2024 )*Days in Period
=( (20124.339 + 13744.521) / 2 ) / 31837.388*365 / 4
=16934.43 / 31837.388*365 / 4
=48.54

* 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.


Maten Petroleum JSC  (XKAZ:MATN) Days Sales Outstanding Explanation

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


Maten Petroleum JSC Days Sales Outstanding Related Terms

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Maten Petroleum JSC (XKAZ:MATN) Business Description

Traded in Other Exchanges
N/A
Address
105 Baktygerei Kulmanov street, Atyrau, KAZ, 060011
Website
Maten Petroleum JSC is engaged in the production and exploration of oil in Kazakhstan.

Maten Petroleum JSC (XKAZ:MATN) Headlines

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