Vitesse Energy (Vitesse Energy) Days Sales Outstanding : 64.27 (As of Mar. 2024)

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What is Vitesse Energy Days Sales Outstanding?

Vitesse Energy's average Accounts Receivable for the three months ended in Mar. 2024 was $43.1 Mil. Vitesse Energy's Revenue for the three months ended in Mar. 2024 was $61.2 Mil. Hence, Vitesse Energy's Days Sales Outstanding for the three months ended in Mar. 2024 was 64.27.

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

VTS' s Days Sales Outstanding Range Over the Past 10 Years
Min: 47.49 Med: 56.11 Max: 67.34
Current: 55.78

During the past 5 years, Vitesse Energy's highest Days Sales Outstanding was 67.34. The lowest was 47.49. And the median was 56.11.

VTS's Days Sales Outstanding is ranked worse than
57.43% of 935 companies
in the Oil & Gas industry
Industry Median: 48.99 vs VTS: 55.78

Vitesse Energy's Days Sales Outstanding increased from Mar. 2023 (56.51) to Mar. 2024 (64.27).

Vitesse Energy Days Sales Outstanding Historical Data

The historical data trend for Vitesse 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.

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Vitesse Energy Days Sales Outstanding Chart

Vitesse Energy Annual Data

Trend

Nov19

Nov20

Nov21

Dec22

Dec23

Days Sales Outstanding

60.06

52.15

47.49

67.34

Vitesse Energy Quarterly Data
	Nov19	Nov20	Aug21	Nov21	Aug22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Sales Outstanding	Get a 7-Day Free Trial						56.51	50.23	53.53	54.72	64.27

Competitive Comparison of Vitesse Energy's Days Sales Outstanding

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

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

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

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

Vitesse 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.

Vitesse 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
=	( (41.393	+	44.915)	/	2 )	/	233.905	*	365
=	43.154					/	233.905	*	365
=	67.34

Vitesse 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
=	( (44.915	+	41.286)	/	2 )	/	61.193	*	365 / 4
=	43.1005					/	61.193	*	365 / 4
=	64.27

Vitesse Energy (NYSE:VTS) Days Sales Outstanding Explanation

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

Vitesse Energy Days Sales Outstanding Related Terms

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Vitesse Energy (Vitesse Energy) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Vitesse Energy Inc (NYSE:VTS) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

9200 E. Mineral Avenue, Suite 200, Centennial, CO, USA, 80112

Website

https://www.vitesse-vts.com

Vitesse Energy Inc is an independent energy company engaged in the acquisition, development, and production of non-operated oil and natural gas properties in the United States that are generally operated by oil companies and are in the Bakken and Three Forks formations in the Williston Basin of North Dakota and Montana. The company also have properties in the Central Rockies, including the Denver-Julesburg Basin and the Powder River Basin.

Executives

James P Henderson	officer: Chief Financial Officer	1625 BROADWAY, SUITE 250, DENVER CO 80202
Robert W Gerrity	director, officer: Chief Executive Officer	9200 E. MINERAL AVE., SUITE 200, CENTENNIAL CO 80112
Leary Dan O	director	10590 HAMILTON AVENUE, CINCINNATI OH 45231-0012
Joseph S Steinberg	director	C/O LEUCADIA NATIONAL CORP, 315 PARK AVENUE SOUTH, NEW YORK NY 10010
Brian Cree	officer: President	9200 E. MINERAL AVE., SUITE 200, CENTENNIAL CO 80112
Christopher I Humber	officer: General Counsel and Secretary	9200 E. MINERAL AVE, SUITE 200, CENTENNIAL CO 80112
Brian P Friedman	director
Randy I Stein	director	1670 BROADWAY SUITE 2800, DENVER CO 80202
Linda Adamany	director	505 FRONT AVE., P.O. BOX "I", COEUR D'ALENE ID 83816
Cathleen M Osborn	director	9200 E. MINERAL AVE, SUITE 200, CENTENNIAL CO 80112
Jefferies Financial Group Inc.	10 percent owner	520 MADISON AVENUE, NEW YORK NY 10022
David R Macosko	officer: Chief Financial Officer	9200 E. MINERAL AVE, SUITE 200, CENTENNIAL CO 80112
Michael Sabol	officer: VP - SEC & Financial Reporting	9200 E. MINERAL AVE, SUITE 200, CENTENNIAL CO 80112
Mike Morella	officer: VP - Chief Accounting Officer	9200 E. MINERAL AVE., SUITE 200, CENTENNIAI CO 80112
Vitesse Energy Finance Llc	10 percent owner	520 MADISON AVENUE, NEW YORK NY 10022