Equitrans Midstream (FRA:37W) Days Sales Outstanding : 62.55 (As of Mar. 2024)

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What is Equitrans Midstream Days Sales Outstanding?

Equitrans Midstream's average Accounts Receivable for the three months ended in Mar. 2024 was €230 Mil. Equitrans Midstream's Revenue for the three months ended in Mar. 2024 was €335 Mil. Hence, Equitrans Midstream's Days Sales Outstanding for the three months ended in Mar. 2024 was 62.55.

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

FRA:37W' s Days Sales Outstanding Range Over the Past 10 Years
Min: 10.3 Med: 61.94 Max: 75.21
Current: 63.58

During the past 9 years, Equitrans Midstream's highest Days Sales Outstanding was 75.21. The lowest was 10.30. And the median was 61.94.

FRA:37W's Days Sales Outstanding is ranked worse than
63.1% of 935 companies
in the Oil & Gas industry
Industry Median: 49.24 vs FRA:37W: 63.58

Equitrans Midstream's Days Sales Outstanding increased from Mar. 2023 (57.61) to Mar. 2024 (62.55).

Equitrans Midstream Days Sales Outstanding Historical Data

The historical data trend for Equitrans Midstream'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.

Equitrans Midstream Days Sales Outstanding Chart

Equitrans Midstream Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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56.52

68.86

72.34

64.98

67.09

Equitrans Midstream 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															57.61	66.76	63.90	63.70	62.55

Competitive Comparison of Equitrans Midstream's Days Sales Outstanding

For the Oil & Gas Midstream subindustry, Equitrans Midstream'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.

Equitrans Midstream's Days Sales Outstanding Distribution in the Oil & Gas Industry

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

* The bar in red indicates where Equitrans Midstream's Days Sales Outstanding falls into.

Equitrans Midstream 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.

Equitrans Midstream'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
=	( (233.061	+	236.828)	/	2 )	/	1278.233	*	365
=	234.9445					/	1278.233	*	365
=	67.09

Equitrans Midstream'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
=	( (236.828	+	222.656)	/	2 )	/	335.132	*	365 / 4
=	229.742					/	335.132	*	365 / 4
=	62.55

Equitrans Midstream (FRA:37W) Days Sales Outstanding Explanation

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

Equitrans Midstream Days Sales Outstanding Related Terms

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

Equitrans Midstream (FRA:37W) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Equitrans Midstream Corp (FRA:37W) » Definitions » Days Sales Outstanding

Comparable Companies

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Traded in Other Exchanges

ETRN:USA 37W:Germany

Address

2200 Energy Drive, Canonsburg, PA, USA, 15317

Website

https://www.equitransmidstream.com

Equitrans acquired EQM Midstream in mid-2020, consolidating the midstream family. Equitrans now own EQM assets directly versus just unit ownership. EQM Midstream provides gathering, transmission, and water services to primarily Appalachian producers in Pennsylvania, West Virginia, and Ohio.

Equitrans Midstream (FRA:37W) Headlines

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