Strike Energy (ASX:STX) Days Sales Outstanding : 262.17 (As of Dec. 2023)

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What is Strike Energy Days Sales Outstanding?

Strike Energy's average Accounts Receivable for the six months ended in Dec. 2023 was A$11.67 Mil. Strike Energy's Revenue for the six months ended in Dec. 2023 was A$8.13 Mil. Hence, Strike Energy's Days Sales Outstanding for the six months ended in Dec. 2023 was 262.17.

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

ASX:STX' s Days Sales Outstanding Range Over the Past 10 Years
Min: 50.7 Med: 50.88 Max: 275.94
Current: 275.94

During the past 13 years, Strike Energy's highest Days Sales Outstanding was 275.94. The lowest was 50.70. And the median was 50.88.

ASX:STX's Days Sales Outstanding is ranked worse than
94.34% of 936 companies
in the Oil & Gas industry
Industry Median: 48.86 vs ASX:STX: 275.94

Strike Energy's Days Sales Outstanding increased from Dec. 2022 (0.00) to Dec. 2023 (262.17).

Strike Energy Days Sales Outstanding Historical Data

The historical data trend for Strike 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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Strike Energy Days Sales Outstanding Chart

Strike Energy Annual Data

Trend

Jun14

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Jun16

Jun17

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Jun20

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Jun23

Days Sales Outstanding

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Strike Energy Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Sales Outstanding	Get a 7-Day Free Trial															-	-	-	-	262.17

Competitive Comparison of Strike Energy's Days Sales Outstanding

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

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

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

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

Strike 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.

Strike Energy's Days Sales Outstanding for the fiscal year that ended in Jun. 2023 is calculated as

	Days Sales Outstanding (A: Jun. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Jun. 2022 )	+	Accounts Receivable (A: Jun. 2023 ))	/	count )	/	Revenue (A: Jun. 2023 )	*	Days in Period
=	( (0	+	0)	/	1 )	/	0	*	365
=	0					/	0	*	365
=	N/A

Strike Energy'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: Jun. 2023 )	+	Accounts Receivable (A: Dec. 2023 ))	/	count )	/	Revenue (A: Dec. 2023 )	*	Days in Period
=	( (0	+	11.672)	/	1 )	/	8.125	*	365 / 2
=	11.672					/	8.125	*	365 / 2
=	262.17

Strike Energy (ASX:STX) Days Sales Outstanding Explanation

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

Strike Energy Days Sales Outstanding Related Terms

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Strike Energy (ASX:STX) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Strike Energy Ltd (ASX:STX) » Definitions » Days Sales Outstanding

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STKKF:USA RJN:Germany

Address

40 Kings Park Road, Level 1, West Perth, Perth, WA, AUS, 6005

Website

https://www.strikeenergy.com.au

Strike is operator across all 3,000 square kilometers of its Perth Basin acreage and has grown its net gas reserve and resource position to become the largest in the basin at 1,022 PJ. It has also achieved first production from its Walyering gas field. Walyering's intended 33 terajoules/d of gross production will generate material cash flows albeit to short five years life. The cash will regardless be useful for the undertaking additional projects with Strike targeting up to four gas fields being online by the end of 2026. In addition to Walyering, these include South Erregulla, West Erregulla and Ocean Hill. The more ambitious Project Haber, Strike's proposed multibillion dollar 1.4 million metric tons per year urea manufacturing facility, is now on the backburner.