Arabian Drilling Co (SAU:2381) Days Sales Outstanding : 80.21 (As of Mar. 2024)

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What is Arabian Drilling Co Days Sales Outstanding?

Arabian Drilling Co's average Accounts Receivable for the three months ended in Mar. 2024 was ﷼850 Mil. Arabian Drilling Co's Revenue for the three months ended in Mar. 2024 was ﷼967 Mil. Hence, Arabian Drilling Co's Days Sales Outstanding for the three months ended in Mar. 2024 was 80.21.

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

SAU:2381' s Days Sales Outstanding Range Over the Past 10 Years
Min: 56.69 Med: 74.33 Max: 105.71
Current: 78.48

During the past 3 years, Arabian Drilling Co's highest Days Sales Outstanding was 105.71. The lowest was 56.69. And the median was 74.33.

SAU:2381's Days Sales Outstanding is ranked worse than
74.44% of 935 companies
in the Oil & Gas industry
Industry Median: 48.99 vs SAU:2381: 78.48

Arabian Drilling Co's Days Sales Outstanding increased from Mar. 2023 (65.61) to Mar. 2024 (80.21).

Arabian Drilling Co Days Sales Outstanding Historical Data

The historical data trend for Arabian Drilling Co'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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Arabian Drilling Co Days Sales Outstanding Chart

Arabian Drilling Co Annual Data

Trend

Dec21

Dec22

Dec23

Days Sales Outstanding

105.71

74.33

56.69

Arabian Drilling Co Quarterly Data
	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Sales Outstanding	Get a 7-Day Free Trial						65.61	73.87	78.56	72.81	80.21

Competitive Comparison of Arabian Drilling Co's Days Sales Outstanding

For the Oil & Gas Drilling subindustry, Arabian Drilling Co'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.

Arabian Drilling Co's Days Sales Outstanding Distribution in the Oil & Gas Industry

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

* The bar in red indicates where Arabian Drilling Co's Days Sales Outstanding falls into.

Arabian Drilling Co 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.

Arabian Drilling Co'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
=	( (464.247	+	615.624)	/	2 )	/	3476.524	*	365
=	539.9355					/	3476.524	*	365
=	56.69

Arabian Drilling Co'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
=	( (615.624	+	1083.815)	/	2 )	/	966.665	*	365 / 4
=	849.7195					/	966.665	*	365 / 4
=	80.21

Arabian Drilling Co (SAU:2381) Days Sales Outstanding Explanation

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

Arabian Drilling Co Days Sales Outstanding Related Terms

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Arabian Drilling Co (SAU:2381) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Arabian Drilling Co (SAU:2381) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

P.O.Box 4110, Al-Khobar, SAU, 31952

Website

https://www.arabdrill.com

Arabian Drilling Co is an onshore and offshore gas and oil rig drilling company in Saudi Arabia. It is principally engaged in the drilling of oil and natural gas wells, operations, maintenance and hauling of rigs and related activities. The operating segment of the company Provision of drilling and related services through land rigs and Provision of drilling and related services through off-shore rigs. Majority of revenue is generated from Provision of drilling and related services through land rigs.

Arabian Drilling Co (SAU:2381) Headlines

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