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Coro Energy (LSE:CORO) Days Sales Outstanding : 190.43 (As of Jun. 2023)


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What is Coro Energy Days Sales Outstanding?

Coro Energy's average Accounts Receivable for the six months ended in Jun. 2023 was £0.10 Mil. Coro Energy's Revenue for the six months ended in Jun. 2023 was £0.09 Mil. Hence, Coro Energy's Days Sales Outstanding for the six months ended in Jun. 2023 was 190.43.

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

LSE:CORO' s Days Sales Outstanding Range Over the Past 10 Years
Min: 98.12   Med: 105.86   Max: 1258.43
Current: 1258.43

During the past 10 years, Coro Energy's highest Days Sales Outstanding was 1258.43. The lowest was 98.12. And the median was 105.86.

LSE:CORO's Days Sales Outstanding is ranked worse than
98.61% of 935 companies
in the Oil & Gas industry
Industry Median: 49.24 vs LSE:CORO: 1258.43

Coro Energy's Days Sales Outstanding increased from Jun. 2022 (0.00) to Jun. 2023 (190.43).

Warning Sign:

If a company's sales outstanding increases, it means it has difficulty collecting payments from its customers.


Coro Energy Days Sales Outstanding Historical Data

The historical data trend for Coro 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.

* Premium members only.

Coro Energy Days Sales Outstanding Chart

Coro Energy Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Days Sales Outstanding
Get a 7-Day Free Trial Premium Member Only Premium Member Only 100.29 - - - 260.71

Coro Energy Semi-Annual Data
Dec13 Dec14 Dec15 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23
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 202.89 - - 2,659.29 190.43

Competitive Comparison of Coro Energy's Days Sales Outstanding

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


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

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

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



Coro 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.

Coro Energy's Days Sales Outstanding for the fiscal year that ended in Dec. 2022 is calculated as

Days Sales Outstanding (A: Dec. 2022 )
=Average Accounts Receivable /Revenue*Days in Period
=( (Accounts Receivable (A: Dec. 2021 ) + Accounts Receivable (A: Dec. 2022 )) / count ) / Revenue (A: Dec. 2022 )*Days in Period
=( (0 + 0.03) / 1 ) / 0.042*365
=0.03 / 0.042*365
=260.71

Coro Energy's Days Sales Outstanding for the quarter that ended in Jun. 2023 is calculated as:

Days Sales Outstanding (Q: Jun. 2023 )
=Average Accounts Receivable /Revenue*Days in Period
=( (Accounts Receivable (A: Dec. 2022 ) + Accounts Receivable (A: Jun. 2023 )) / count ) / Revenue (A: Jun. 2023 )*Days in Period
=( (0.03 + 0.162) / 2 ) / 0.092*365 / 2
=0.096 / 0.092*365 / 2
=190.43

* 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.


Coro Energy  (LSE:CORO) Days Sales Outstanding Explanation

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


Coro Energy Days Sales Outstanding Related Terms

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Coro Energy (LSE:CORO) Business Description

Industry
Traded in Other Exchanges
N/A
Address
1 Park Row, c/o Pinsent Masons LLP, Leeds, GBR, LS1 5AB
Coro Energy PLC is an oil and gas exploration company focused on delivering long-term production of natural gas. The company has two business units namely Exploration and Development and Production. It generates maximum revenue from the Development and Production segment. The company has four gas fields, namely Sillaro, Bezzecca, Rapagnano, and Casa Tiberi.

Coro Energy (LSE:CORO) Headlines

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