Forum Energy Technologies (FRA:1FE1) Days Sales Outstanding : 69.49 (As of Mar. 2024)

View and export this data going back to 2012. Start your Free Trial

What is Forum Energy Technologies Days Sales Outstanding?

Forum Energy Technologies's average Accounts Receivable for the three months ended in Mar. 2024 was €141.8 Mil. Forum Energy Technologies's Revenue for the three months ended in Mar. 2024 was €186.2 Mil. Hence, Forum Energy Technologies's Days Sales Outstanding for the three months ended in Mar. 2024 was 69.49.

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

FRA:1FE1' s Days Sales Outstanding Range Over the Past 10 Years
Min: 56.37 Med: 71.24 Max: 83.61
Current: 77.59

During the past 13 years, Forum Energy Technologies's highest Days Sales Outstanding was 83.61. The lowest was 56.37. And the median was 71.24.

FRA:1FE1's Days Sales Outstanding is ranked worse than
74.57% of 936 companies
in the Oil & Gas industry
Industry Median: 48.86 vs FRA:1FE1: 77.59

Forum Energy Technologies's Days Sales Outstanding declined from Mar. 2023 (77.25) to Mar. 2024 (69.49).

Forum Energy Technologies Days Sales Outstanding Historical Data

The historical data trend for Forum Energy Technologies'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.

Forum Energy Technologies Days Sales Outstanding Chart

Forum Energy Technologies Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

Get a 7-Day Free Trial

67.81

88.82

67.04

70.51

75.47

Forum Energy Technologies 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															77.25	82.43	82.55	75.88	69.49

Competitive Comparison of Forum Energy Technologies's Days Sales Outstanding

For the Oil & Gas Equipment & Services subindustry, Forum Energy Technologies'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.

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

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

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

Forum Energy Technologies 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.

Forum Energy Technologies'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
=	( (145.609	+	134.567)	/	2 )	/	677.538	*	365
=	140.088					/	677.538	*	365
=	75.47

Forum Energy Technologies'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
=	( (134.567	+	149.02)	/	2 )	/	186.201	*	365 / 4
=	141.7935					/	186.201	*	365 / 4
=	69.49

Forum Energy Technologies (FRA:1FE1) Days Sales Outstanding Explanation

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

Forum Energy Technologies Days Sales Outstanding Related Terms

Thank you for viewing the detailed overview of Forum Energy Technologies's Days Sales Outstanding provided by GuruFocus.com. Please click on the following links to see related term pages.

Forum Energy Technologies (FRA:1FE1) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Forum Energy Technologies Inc (FRA:1FE1) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

FET:USA

Address

10344 Sam Houston Park Drive, Suite 300, Houston, TX, USA, 77064

Website

https://www.f-e-t.com

Forum Energy Technologies Inc is a global products company, serving the oil, natural gas, industrial and renewable energy industries. The company designs, manufactures, and distributes products and engages in aftermarket parts supply and services that complement its product offering. Its products include highly engineered capital equipment, as well as products that are consumed in the drilling, well construction, production, and transportation of oil and natural gas. It operates in three reporting segments, namely drilling and downhole, completions, and production. Revenue largely comes from consumable products and activity-based equipment. Consumable products include valves, centrifugal pumps, mud pump fluid end components, rig sensors, inserts, and dies.

Forum Energy Technologies (FRA:1FE1) Headlines

No Headlines