Prosafe SE (OSL:PRS) Days Sales Outstanding : 68.43 (As of Dec. 2023)

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What is Prosafe SE Days Sales Outstanding?

Prosafe SE's average Accounts Receivable for the three months ended in Dec. 2023 was kr221 Mil. Prosafe SE's Revenue for the three months ended in Dec. 2023 was kr294 Mil. Hence, Prosafe SE's Days Sales Outstanding for the three months ended in Dec. 2023 was 68.43.

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

OSL:PRS' s Days Sales Outstanding Range Over the Past 10 Years
Min: 26 Med: 45.05 Max: 69.44
Current: 69.25

During the past 13 years, Prosafe SE's highest Days Sales Outstanding was 69.44. The lowest was 26.00. And the median was 45.05.

OSL:PRS's Days Sales Outstanding is ranked worse than
69.3% of 935 companies
in the Oil & Gas industry
Industry Median: 48.81 vs OSL:PRS: 69.25

Prosafe SE's Days Sales Outstanding declined from Dec. 2022 (71.89) to Dec. 2023 (68.43).

Prosafe SE Days Sales Outstanding Historical Data

The historical data trend for Prosafe SE'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.

Prosafe SE Days Sales Outstanding Chart

Prosafe SE Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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26.00

48.55

27.08

30.58

64.43

Prosafe SE 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															71.89	103.13	65.57	61.78	68.43

Competitive Comparison of Prosafe SE's Days Sales Outstanding

For the Oil & Gas Equipment & Services subindustry, Prosafe SE'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.

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

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

* The bar in red indicates where Prosafe SE's Days Sales Outstanding falls into.

Prosafe SE 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.

Prosafe SE'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
=	( (203.53	+	154.021)	/	2 )	/	1012.742	*	365
=	178.7755					/	1012.742	*	365
=	64.43

Prosafe SE'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
=	( (287.422	+	154.021)	/	2 )	/	294.328	*	365 / 4
=	220.7215					/	294.328	*	365 / 4
=	68.43

Prosafe SE (OSL:PRS) Days Sales Outstanding Explanation

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

Prosafe SE Days Sales Outstanding Related Terms

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Prosafe SE (OSL:PRS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Prosafe SE (OSL:PRS) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

PRSEF:USA PRSo:Sweden 1Q6:Germany

Address

Forusparken 2, Stavanger, NOR, 4031

Website

https://www.prosafe.com

Prosafe SE is an owner and operator of semi-submersible accommodation, safety, and support vessels, and one Tender Support Vessel. The company's vessels primarily serves energy companies on various offshore projects in global offshore oil and gas areas. The company's operations are related to the support of the lifecycle of offshore installations such as maintenance and modification of installations on fields already in production, hook-up and commissioning of new fields, tie-backs to existing infrastructure and decommissioning. Its core markets are the North Sea and Brazil.