Petroleo Brasileiro Petrobras (Petroleo Brasileiro Petrobras) Days Sales Outstanding

: 21.39 (As of Dec. 2023)

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Petroleo Brasileiro Petrobras's average Accounts Receivable for the three months ended in Dec. 2023 was $5,635 Mil. Petroleo Brasileiro Petrobras's Revenue for the three months ended in Dec. 2023 was $24,043 Mil. Hence, Petroleo Brasileiro Petrobras's Days Sales Outstanding for the three months ended in Dec. 2023 was 21.39.

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

PBR' s Days Sales Outstanding Range Over the Past 10 Years
Min: 17.19 Med: 21.86 Max: 25.98
Current: 18.7

During the past 13 years, Petroleo Brasileiro Petrobras's highest Days Sales Outstanding was 25.98. The lowest was 17.19. And the median was 21.86.

PBR's Days Sales Outstanding is ranked better than
87.14% of 933 companies
in the Oil & Gas industry
Industry Median: 48.88 vs PBR: 18.70

Petroleo Brasileiro Petrobras's Days Sales Outstanding increased from Dec. 2022 (14.85) to Dec. 2023 (21.39).

Petroleo Brasileiro Petrobras Days Sales Outstanding Historical Data

The historical data trend for Petroleo Brasileiro Petrobras'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.

Petroleo Brasileiro Petrobras Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

22.90

28.49

24.38

16.47

20.02

Petroleo Brasileiro Petrobras Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Sales Outstanding																14.85	16.68	17.64	16.75	21.39

Competitive Comparison

For the Oil & Gas Integrated subindustry, Petroleo Brasileiro Petrobras'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.

Petroleo Brasileiro Petrobras Days Sales Outstanding Distribution

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

* The bar in red indicates where Petroleo Brasileiro Petrobras's Days Sales Outstanding falls into.

Petroleo Brasileiro Petrobras 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.

Petroleo Brasileiro Petrobras'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
=	( (5050.497	+	6076.653)	/	2 )	/	101435.03	*	365
=	5563.575					/	101435.03	*	365
=	20.02

Petroleo Brasileiro Petrobras's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

	Days Sales Outstanding (Q: Dec. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Sep. 2023 )	+	Accounts Receivable (A: Dec. 2023 ))	/	count )	/	Revenue (A: Dec. 2023 )	*	Days in Period
=	( (5193.134	+	6076.653)	/	2 )	/	24042.93	*	365 / 4
=	5634.8935					/	24042.93	*	365 / 4
=	21.39

Petroleo Brasileiro Petrobras (NYSE:PBR) Days Sales Outstanding Explanation

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

Petroleo Brasileiro Petrobras Days Sales Outstanding Related Terms

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Petroleo Brasileiro Petrobras (Petroleo Brasileiro Petrobras) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Petroleo Brasileiro SA Petrobras (NYSE:PBR) » Definitions » Days Sales Outstanding

Traded in Other Exchanges

PBR.A:USA PBRN:Mexico PBRA:Mexico XPBRA:Spain XPBR:Spain PJXC:Germany PJXB:Germany PJXA:Germany PJX:Germany PJXC:Germany PJXB:Germany PJXA:Germany PJX:Germany PETR4:Brazil PETR3:Brazil

Address

Avenida Republica do Chile, 65, Rio de Janeiro, RJ, BRA, 20031-912

Website

https://www.petrobras.com.br

Petrobras is a Brazil-based integrated energy company controlled by the Brazilian government. The company focuses on exploration and production for oil and gas in Brazilian offshore fields. Production in 2022 was 2.7 million barrels of oil equivalent a day (80% oil production), and reserves stood at 10.5 billion boe (85% oil). At year-end 2022, Petrobras operated 11 refineries in Brazil with capacity of 1.9 million barrels a day and distributes refined products and natural gas throughout Brazil.