NG Energy International (TSXV:GASX) Days Sales Outstanding : 38.43 (As of Dec. 2023)

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What is NG Energy International Days Sales Outstanding?

NG Energy International's average Accounts Receivable for the three months ended in Dec. 2023 was C$2.62 Mil. NG Energy International's Revenue for the three months ended in Dec. 2023 was C$6.23 Mil. Hence, NG Energy International's Days Sales Outstanding for the three months ended in Dec. 2023 was 38.43.

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

TSXV:GASX' s Days Sales Outstanding Range Over the Past 10 Years
Min: 40.78 Med: 48.63 Max: 68.02
Current: 49.53

During the past 13 years, NG Energy International's highest Days Sales Outstanding was 68.02. The lowest was 40.78. And the median was 48.63.

TSXV:GASX's Days Sales Outstanding is ranked worse than
50.85% of 936 companies
in the Oil & Gas industry
Industry Median: 48.86 vs TSXV:GASX: 49.53

NG Energy International's Days Sales Outstanding increased from Dec. 2022 (31.97) to Dec. 2023 (38.43).

NG Energy International Days Sales Outstanding Historical Data

The historical data trend for NG Energy International'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.

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NG Energy International Days Sales Outstanding Chart

NG Energy International Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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40.78

43.30

NG Energy International Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Sales Outstanding	Get a 7-Day Free Trial															31.97	41.95	66.85	64.96	38.43

Competitive Comparison of NG Energy International's Days Sales Outstanding

For the Oil & Gas E&P subindustry, NG Energy International'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.

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

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

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

NG Energy International 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.

NG Energy International'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
=	( (0.268	+	3.565)	/	2 )	/	16.156	*	365
=	1.9165					/	16.156	*	365
=	43.30

NG Energy International's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

	Days Sales Outstanding (Q: Dec. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Sep. 2023 )	+	Accounts Receivable (A: Dec. 2023 ))	/	count )	/	Revenue (A: Dec. 2023 )	*	Days in Period
=	( (1.681	+	3.565)	/	2 )	/	6.228	*	365 / 4
=	2.623					/	6.228	*	365 / 4
=	38.43

NG Energy International (TSXV:GASX) Days Sales Outstanding Explanation

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

NG Energy International Days Sales Outstanding Related Terms

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NG Energy International (TSXV:GASX) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » NG Energy International Corp (TSXV:GASX) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

GASXF:USA 56P:Germany

Address

595 Burrard Street, Suite 3123, Vancouver, BC, CAN, V7X 1J1

Website

https://www.ngxenergyintl.com

NG Energy International Corp is an oil and gas company. It is engaged in the business of exploration and development of oil and gas. The company derives key revenue from the sales of oil and natural gas.

Executives

Brian Alexander Paes-braga

10% Security Holder, Director

NG Energy International (TSXV:GASX) Headlines

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