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Koil Energy Solutions (Koil Energy Solutions) Days Sales Outstanding : 63.88 (As of Mar. 2024)


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What is Koil Energy Solutions Days Sales Outstanding?

Koil Energy Solutions's average Accounts Receivable for the three months ended in Mar. 2024 was $4.05 Mil. Koil Energy Solutions's Revenue for the three months ended in Mar. 2024 was $5.79 Mil. Hence, Koil Energy Solutions's Days Sales Outstanding for the three months ended in Mar. 2024 was 63.88.

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

KLNG' s Days Sales Outstanding Range Over the Past 10 Years
Min: 73.1   Med: 97.71   Max: 128.03
Current: 90.45

During the past 13 years, Koil Energy Solutions's highest Days Sales Outstanding was 128.03. The lowest was 73.10. And the median was 97.71.

KLNG's Days Sales Outstanding is ranked worse than
80% of 935 companies
in the Oil & Gas industry
Industry Median: 49.24 vs KLNG: 90.45

Koil Energy Solutions's Days Sales Outstanding declined from Mar. 2023 (88.51) to Mar. 2024 (63.88).


Koil Energy Solutions Days Sales Outstanding Historical Data

The historical data trend for Koil Energy Solutions'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.

Koil Energy Solutions Days Sales Outstanding Chart

Koil Energy Solutions Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Sales Outstanding
Get a 7-Day Free Trial Premium Member Only Premium Member Only 85.31 128.03 112.03 124.45 85.02

Koil Energy Solutions 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 88.51 103.58 101.78 110.84 63.88

Competitive Comparison of Koil Energy Solutions's Days Sales Outstanding

For the Oil & Gas Equipment & Services subindustry, Koil Energy Solutions'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.


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

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

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



Koil Energy Solutions 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.

Koil Energy Solutions'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
=( (2.92 + 4.228) / 2 ) / 15.343*365
=3.574 / 15.343*365
=85.02

Koil Energy Solutions'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
=( (4.228 + 3.88) / 2 ) / 5.791*365 / 4
=4.054 / 5.791*365 / 4
=63.88

* 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.


Koil Energy Solutions  (OTCPK:KLNG) Days Sales Outstanding Explanation

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


Koil Energy Solutions Days Sales Outstanding Related Terms

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Koil Energy Solutions (Koil Energy Solutions) Business Description

Traded in Other Exchanges
N/A
Address
1310 Rankin Road, Houston, TX, USA, 77073
Koil Energy Solutions Inc is an energy services company that provides equipment and support services to the world's energy and offshore industries. Its core services and technological solutions include distribution system installation support and engineering services, umbilical terminations, loose-tube steel flying leads, and related services. Additionally, its team can support subsea engineering, manufacturing, installation, commissioning, and maintenance projects. Its products include Buoyancy Solutions, Flying Leads, Storage, and Transportation, Subsea Fluid and Power Distribution, and Umbilical Termination Solutions.
Executives
Trevor L Ashurst officer: Vice President of Finance 18511 BEAUMONT HIGHWAY, HOUSTON TX 77049
Ronald Eric Smith director, 10 percent owner, officer: President, CEO and Director 3020 SOUTH ISLAND DRIVE, SEABROOK TX 77586
Micah Thomas Simmons officer: Chief Operating Officer 18511 BEAUMONT HIGHWAY, HOUSTON TX 77049
Neal I Goldman director 170 SOUTHPORT DRIVE, MORRISVILLE NC 27560
David J. Douglas director, 10 percent owner 3889 MAPLE AVE., 6TH FLOOR, DALLAS TX 75219
Charles K Njuguna officer: CHIEF FINANCIAL OFFICER PO BOX 1389, CROSBY TX 77532
Eugene L Butler director, officer: Chief Financial Officer PO BOX 12818, HOUSTON TX 77217
Wellington Trust Company, National Association Multiple Common Trust Funds Trust, Micro Cap Equity Portfolio 10 percent owner C/O WELLINGTON TRUST COMPANY, NA, 280 CONGRESS STREET, BOSTON MA 02210
Mary Lynne Budrunas director, 10 percent owner, officer: Secretary & Director 3020 SOUTH ISLAND DRIVE, SEABROOK TX 77586
Mark Carden director 18511 BEAUMONT HIGHWAY, HOUSTON TX 77049
Randolph W Warner director 8827 W. SAM HOUSTON PKWY N, #100, HOUSTON TX 77040
Perlus Microcap Fund L.p. 10 percent owner CRICKET SQUARE, HUTCHINS DRIVE, P.O. BOX 268, GRAND CAYMAN E9 KY1-1111
Ira Selya officer: Corporate Controller 8827 W SAM HOUSTON PKWY N, STE 100, HOUSTON TX 77040
Gay Stanley Mayeux officer: VP and CFO 8827 W. SAM HOUSTON PKWY N., STE 100, HOUSTON TX 77040
Mark R Hollinger director 8827 W. SAM HOUSTON PKWY N, STE 100, HOUSTON TX 77040