CVR Energy (LTS:0HRR) Days Sales Outstanding : 13.20 (As of Mar. 2024)

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What is CVR Energy Days Sales Outstanding?

CVR Energy's average Accounts Receivable for the three months ended in Mar. 2024 was $270 Mil. CVR Energy's Revenue for the three months ended in Mar. 2024 was $1,863 Mil. Hence, CVR Energy's Days Sales Outstanding for the three months ended in Mar. 2024 was 13.20.

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

LTS:0HRR' s Days Sales Outstanding Range Over the Past 10 Years
Min: 7.58 Med: 10.08 Max: 16.72
Current: 13.16

During the past 13 years, CVR Energy's highest Days Sales Outstanding was 16.72. The lowest was 7.58. And the median was 10.08.

LTS:0HRR's Days Sales Outstanding is ranked better than
90.37% of 935 companies
in the Oil & Gas industry
Industry Median: 48.71 vs LTS:0HRR: 13.16

CVR Energy's Days Sales Outstanding declined from Mar. 2023 (13.73) to Mar. 2024 (13.20).

CVR Energy Days Sales Outstanding Historical Data

The historical data trend for CVR 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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CVR Energy Days Sales Outstanding Chart

CVR Energy Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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10.07

16.72

12.02

11.00

12.71

CVR Energy Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Sales Outstanding	Get a 7-Day Free Trial															13.73	12.85	11.14	12.47	13.20

Competitive Comparison of CVR Energy's Days Sales Outstanding

For the Oil & Gas Refining & Marketing subindustry, CVR 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.

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

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

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

CVR 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.

CVR 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
=	( (358	+	286)	/	2 )	/	9247	*	365
=	322					/	9247	*	365
=	12.71

CVR 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
=	( (286	+	253)	/	2 )	/	1863	*	365 / 4
=	269.5					/	1863	*	365 / 4
=	13.20

CVR Energy (LTS:0HRR) Days Sales Outstanding Explanation

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

CVR Energy Days Sales Outstanding Related Terms

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CVR Energy (LTS:0HRR) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » CVR Energy Inc (LTS:0HRR) » Definitions » Days Sales Outstanding

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CVI:USA FL9:Germany

Address

2277 Plaza Drive, Suite 500, Sugar Land, TX, USA, 77479

Website

https://www.cvrenergy.com

CVR Energy Inc is a holding company that engages in petroleum refining and nitrogen fertilizer manufacturing through its holdings in CVR Refining LP and CVR Partners, LP. CVR Refining LP includes several complex full coking crude oil refineries, along with a crude oil gathering system, pipelines and storage tanks, and marketing and supply. The company's refineries can process blends of a variety of crude oil ranging from heavy sour to light sweet crude oil. Crude oil for CVR's refineries is supplied through its wholly-owned gathering system and pipeline. From its refineries, CVR supplies product through tanker trucks directly to customers located in close geographic proximity and customers at throughput terminals. The company's customers include retailers, railroads, and farm cooperatives.

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