Altus Midstream Co (Altus Midstream Co) Days Sales Outstanding : 30.65 (As of Dec. 2021)

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What is Altus Midstream Co Days Sales Outstanding?

Altus Midstream Co's average Accounts Receivable for the three months ended in Dec. 2021 was $18.9 Mil. Altus Midstream Co's Revenue for the three months ended in Dec. 2021 was $56.3 Mil. Hence, Altus Midstream Co's Days Sales Outstanding for the three months ended in Dec. 2021 was 30.65.

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

ALTM's Days Sales Outstanding is not ranked ^*
in the Oil & Gas industry.
Industry Median: 48.81
* Ranked among companies with meaningful Days Sales Outstanding only.

Altus Midstream Co's Days Sales Outstanding declined from Dec. 2020 (34.42) to Dec. 2021 (30.65).

Altus Midstream Co Days Sales Outstanding Historical Data

The historical data trend for Altus Midstream 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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Altus Midstream Co Days Sales Outstanding Chart

Altus Midstream Co Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Days Sales Outstanding

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51.90

42.43

41.21

43.97

Altus Midstream Co Quarterly Data
	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21
Days Sales Outstanding	Get a 7-Day Free Trial															34.42	34.83	34.52	33.96	30.65

Competitive Comparison of Altus Midstream Co's Days Sales Outstanding

For the Oil & Gas Midstream subindustry, Altus Midstream 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.

Altus Midstream Co's Days Sales Outstanding Distribution in the Oil & Gas Industry

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

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

Altus Midstream 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.

Altus Midstream Co's Days Sales Outstanding for the fiscal year that ended in Dec. 2021 is calculated as

	Days Sales Outstanding (A: Dec. 2021 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Dec. 2020 )	+	Accounts Receivable (A: Dec. 2021 ))	/	count )	/	Revenue (A: Dec. 2021 )	*	Days in Period
=	( (12.857	+	25.841)	/	2 )	/	160.617	*	365
=	19.349					/	160.617	*	365
=	43.97

Altus Midstream Co's Days Sales Outstanding for the quarter that ended in Dec. 2021 is calculated as:

	Days Sales Outstanding (Q: Dec. 2021 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Sep. 2021 )	+	Accounts Receivable (A: Dec. 2021 ))	/	count )	/	Revenue (A: Dec. 2021 )	*	Days in Period
=	( (11.999	+	25.841)	/	2 )	/	56.33	*	365 / 4
=	18.92					/	56.33	*	365 / 4
=	30.65

Altus Midstream Co (NAS:ALTM) Days Sales Outstanding Explanation

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

Altus Midstream Co Days Sales Outstanding Related Terms

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Altus Midstream Co (Altus Midstream Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Altus Midstream Co (NAS:ALTM) » Definitions » Days Sales Outstanding

Comparable Companies

DHT NVGS PBFX INSW SHSE:600617 GLP BROG HKSE:00934 SZSE:002267 OCSE:TRMD A

Traded in Other Exchanges

N/A

Address

2000 Post Oak Boulevard, One Post Oak Central, Suite 100, Houston, TX, USA, 77056-4400

Website

http://www.altusmidstream.com

Altus Midstream Co is the United States-based midstream corporation. Through its consolidated subsidiaries, it owns natural gas gathering, processing, and transmission assets including transmission and gathering pipelines, compressor stations, mechanical refrigeration units, cryogenic units and associated gas treatment facilities in the Permian Basin of West Texas. The majority of the revenue is generated from gas processing services.