Vertex Energy (STU:5VE) Days Sales Outstanding : 5.09 (As of Mar. 2024)

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What is Vertex Energy Days Sales Outstanding?

Vertex Energy's average Accounts Receivable for the three months ended in Mar. 2024 was €36 Mil. Vertex Energy's Revenue for the three months ended in Mar. 2024 was €640 Mil. Hence, Vertex Energy's Days Sales Outstanding for the three months ended in Mar. 2024 was 5.09.

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

STU:5VE' s Days Sales Outstanding Range Over the Past 10 Years
Min: 2.76 Med: 20.35 Max: 210.41
Current: 5.13

During the past 13 years, Vertex Energy's highest Days Sales Outstanding was 210.41. The lowest was 2.76. And the median was 20.35.

STU:5VE's Days Sales Outstanding is ranked better than
96.9% of 935 companies
in the Oil & Gas industry
Industry Median: 49.24 vs STU:5VE: 5.13

Vertex Energy's Days Sales Outstanding declined from Mar. 2023 (6.13) to Mar. 2024 (5.09).

Vertex Energy Days Sales Outstanding Historical Data

The historical data trend for Vertex 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.

Vertex Energy Days Sales Outstanding Chart

Vertex Energy Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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208.33

32.53

10.93

2.72

4.12

Vertex Energy 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															6.13	6.80	3.90	4.59	5.09

Competitive Comparison of Vertex Energy's Days Sales Outstanding

For the Oil & Gas Refining & Marketing subindustry, Vertex 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.

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

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

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

Vertex 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.

Vertex Energy'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
=	( (32.613	+	33.162)	/	2 )	/	2913.48	*	365
=	32.8875					/	2913.48	*	365
=	4.12

Vertex Energy'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
=	( (33.162	+	38.234)	/	2 )	/	639.7	*	365 / 4
=	35.698					/	639.7	*	365 / 4
=	5.09

Vertex Energy (STU:5VE) Days Sales Outstanding Explanation

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

Vertex Energy Days Sales Outstanding Related Terms

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Vertex Energy (STU:5VE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Vertex Energy Inc (STU:5VE) » Definitions » Days Sales Outstanding

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Address

1331 Gemini Street, Suite 250, Houston, TX, USA, 77058

Website

https://www.vertexenergy.com

Vertex Energy Inc is an environmental services company that recycles industrial waste streams and off-specification commercial chemical products. Its operating segments are Refining and Marketing, and Recovery. The company generates maximum revenue from the Refining and Marketing segment. The company collects used oil from businesses such as oil change service stations, automotive repair shops, petroleum refineries, and petrochemical manufacturing operations.

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