Devon Energy's average Accounts Receivable for the
three
months ended in Jun. 2024 was $1,630 Mil. Devon Energy's Revenue for the
three
months ended in Jun. 2024 was $3,917 Mil.
Hence, Devon Energy's Days Sales Outstanding for the
three
months ended in Jun. 2024 was 37.96.
The historical rank and industry rank for Devon Energy's Days Sales Outstanding or its related term are showing as below:
DVN'
s Days Sales Outstanding Range Over the Past 10 Years
Min: 31.51 Med: 41.25 Max: 65.83
Current: 38.65
During the past 13 years, Devon Energy's highest Days Sales Outstanding was 65.83. The lowest was 31.51. And the median was 41.25.
DVN's Days Sales Outstanding is ranked better than 60.87% of 915
companies
in the Oil & Gas industry
Industry Median: 48.77
vs DVN: 38.65
Devon Energy's Days Sales Outstanding
declined
from Jun. 2023 (41.40) to Jun. 2024 (37.96).
Devon Energy Days Sales Outstanding Historical Data
The historical data trend for Devon 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.
Competitive Comparison of Devon Energy's Days Sales Outstanding
For the Oil & Gas E&P subindustry, Devon 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.
Devon Energy's Days Sales Outstanding Distribution in the Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Devon Energy's Days Sales Outstanding distribution charts can be found below:
* The bar in red indicates where Devon Energy's Days Sales Outstanding falls into.
Devon 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.
* 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.
Devon Energy (NYSE:DVN) Days Sales Outstanding Explanation
For retailers, when we compare Days Sales Outstanding, it is important to compare the same period in the previous years.
Devon Energy Days Sales Outstanding Related Terms
Thank you for viewing the detailed overview of Devon Energy's Days Sales Outstanding provided by GuruFocus.com. Please click on the following links to see related term pages.
Devon Energy is an oil and gas producer with acreage in several top US shale plays. While roughly two thirds of its production comes from the Permian Basin, it also holds a meaningful presence in the Anadarko, Eagle Ford, and Bakken basins. At the end of 2023, Devon reported net proved reserves of 1.8 billion barrels of oil equivalent. Net production averaged roughly 658,000 barrels of oil equivalent per day in 2023 at a ratio of 73% oil and natural gas liquids and 27% natural gas.
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