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ADNOC Gas (ADX:ADNOCGAS) Days Sales Outstanding : 5.55 (As of Dec. 2023)


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What is ADNOC Gas Days Sales Outstanding?

ADNOC Gas's average Accounts Receivable for the six months ended in Dec. 2023 was د.إ1,000 Mil. ADNOC Gas's Revenue for the six months ended in Dec. 2023 was د.إ65,765 Mil. Hence, ADNOC Gas's Days Sales Outstanding for the six months ended in Dec. 2023 was 2.77.

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

ADX:ADNOCGAS' s Days Sales Outstanding Range Over the Past 10 Years
Min: 5.55   Med: 5.55   Max: 5.55
Current: 5.55

During the past 3 years, ADNOC Gas's highest Days Sales Outstanding was 5.55. The lowest was 5.55. And the median was 5.55.

ADX:ADNOCGAS's Days Sales Outstanding is ranked better than
96.04% of 935 companies
in the Oil & Gas industry
Industry Median: 49.11 vs ADX:ADNOCGAS: 5.55

ADNOC Gas's Days Sales Outstanding increased from Dec. 2020 (0.00) to Dec. 2023 (5.55).

ADNOC Gas Days Sales Outstanding Historical Data

The historical data trend for ADNOC Gas'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.

ADNOC Gas Days Sales Outstanding Chart

ADNOC Gas Annual Data
Trend Dec20 Dec21 Dec23
Days Sales Outstanding
- - 5.55

ADNOC Gas Semi-Annual Data
Dec20 Dec21 Dec23
Days Sales Outstanding - - 5.55

Competitive Comparison of ADNOC Gas's Days Sales Outstanding

For the Oil & Gas Integrated subindustry, ADNOC Gas'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.

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

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

* The bar in red indicates where ADNOC Gas's Days Sales Outstanding falls into.


ADNOC Gas 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.

ADNOC Gas'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. 2021 ) + Accounts Receivable (A: Dec. 2023 )) / count ) / Revenue (A: Dec. 2023 )*Days in Period
=( (0 + 999.699) / 1 ) / 65765.001*365
=999.699 / 65765.001*365
=5.55

ADNOC Gas'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: Dec. 2021 ) + Accounts Receivable (A: Dec. 2023 )) / count ) / Revenue (A: Dec. 2023 )*Days in Period
=( (0 + 999.699) / 1 ) / 65765.001*365 / 2
=999.699 / 65765.001*365 / 2
=2.77

* 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.

ADNOC Gas  (ADX:ADNOCGAS) Days Sales Outstanding Explanation

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

ADNOC Gas Days Sales Outstanding Related Terms

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ADNOC Gas (ADX:ADNOCGAS) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » ADNOC Gas PLC (ADX:ADNOCGAS) » Definitions » Days Sales Outstanding
Comparable Companies
Traded in Other Exchanges
N/A
Address
Corniche Road West, P.O. Box 898, Abu Dhabi, ARE
Website
https://www.adnoc.ae
ADNOC Gas PLC is an integrated gas processing company. It is responsible for operations, maintenance, and marketing across ADNOC's downstream gas processing, liquified natural gas (LNG), and industrial gases businesses.

ADNOC Gas (ADX:ADNOCGAS) Headlines

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