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Marathon Oil (BSP:M1RO34) Days Sales Outstanding : 74.77 (As of Dec. 2023)


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What is Marathon Oil Days Sales Outstanding?

Marathon Oil's average Accounts Receivable for the three months ended in Dec. 2023 was R$6,363 Mil. Marathon Oil's Revenue for the three months ended in Dec. 2023 was R$7,766 Mil. Hence, Marathon Oil's Days Sales Outstanding for the three months ended in Dec. 2023 was 74.77.

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

BSP:M1RO34' s Days Sales Outstanding Range Over the Past 10 Years
Min: 55.38   Med: 71.29   Max: 110.14
Current: 71.11

During the past 13 years, Marathon Oil's highest Days Sales Outstanding was 110.14. The lowest was 55.38. And the median was 71.29.

BSP:M1RO34's Days Sales Outstanding is ranked worse than
70.91% of 935 companies
in the Oil & Gas industry
Industry Median: 48.81 vs BSP:M1RO34: 71.11

Marathon Oil's Days Sales Outstanding increased from Dec. 2022 (71.26) to Dec. 2023 (74.77).


Marathon Oil Days Sales Outstanding Historical Data

The historical data trend for Marathon Oil'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.

Marathon Oil Days Sales Outstanding Chart

Marathon Oil Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Sales Outstanding
Get a 7-Day Free Trial Premium Member Only Premium Member Only 77.24 96.77 59.35 57.54 67.76

Marathon Oil 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 71.26 68.98 79.87 69.71 74.77

Competitive Comparison of Marathon Oil's Days Sales Outstanding

For the Oil & Gas E&P subindustry, Marathon Oil'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.


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

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

* The bar in red indicates where Marathon Oil's Days Sales Outstanding falls into.



Marathon Oil 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.

Marathon Oil'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
=( (6011.228 + 5644.57) / 2 ) / 31393.019*365
=5827.899 / 31393.019*365
=67.76

Marathon Oil'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
=( (7082.096 + 5644.57) / 2 ) / 7766.183*365 / 4
=6363.333 / 7766.183*365 / 4
=74.77

* 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.


Marathon Oil  (BSP:M1RO34) Days Sales Outstanding Explanation

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


Marathon Oil Days Sales Outstanding Related Terms

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Marathon Oil (BSP:M1RO34) Business Description

Traded in Other Exchanges
Address
990 Town and Country Boulevard, Houston, TX, USA, 77024-2217
Marathon is an independent exploration and production company primarily focusing on unconventional resources in the United States. At the end of 2022, the company reported net proved reserves of 1.3 billion barrels of oil equivalent. Net production averaged 343 thousand barrels of oil equivalent per day in 2022 at a ratio of 70% oil and NGLs and 30% natural gas.

Marathon Oil (BSP:M1RO34) Headlines

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