Karoon Energy (ASX:KAR) Days Sales Outstanding : 24.18 (As of Dec. 2023)

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What is Karoon Energy Days Sales Outstanding?

Karoon Energy's average Accounts Receivable for the six months ended in Dec. 2023 was A$82 Mil. Karoon Energy's Revenue for the six months ended in Dec. 2023 was A$617 Mil. Hence, Karoon Energy's Days Sales Outstanding for the six months ended in Dec. 2023 was 24.18.

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

ASX:KAR' s Days Sales Outstanding Range Over the Past 10 Years
Min: 33.69 Med: 41.27 Max: 72.29
Current: 33.69

During the past 13 years, Karoon Energy's highest Days Sales Outstanding was 72.29. The lowest was 33.69. And the median was 41.27.

ASX:KAR's Days Sales Outstanding is ranked better than
70.73% of 936 companies
in the Oil & Gas industry
Industry Median: 48.76 vs ASX:KAR: 33.69

Karoon Energy's Days Sales Outstanding declined from Dec. 2022 (40.55) to Dec. 2023 (24.18).

Karoon Energy Days Sales Outstanding Historical Data

The historical data trend for Karoon 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.

* Premium members only.

Karoon Energy Days Sales Outstanding Chart

Karoon Energy Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Days Sales Outstanding

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72.29

41.27

39.64

Karoon Energy Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Sales Outstanding	Get a 7-Day Free Trial															33.59	42.42	40.55	50.72	24.18

Competitive Comparison of Karoon Energy's Days Sales Outstanding

For the Oil & Gas E&P subindustry, Karoon 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.

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

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

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

Karoon 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.

Karoon Energy's Days Sales Outstanding for the fiscal year that ended in Jun. 2023 is calculated as

	Days Sales Outstanding (A: Jun. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Jun. 2022 )	+	Accounts Receivable (A: Jun. 2023 ))	/	count )	/	Revenue (A: Jun. 2023 )	*	Days in Period
=	( (79.658	+	103.704)	/	2 )	/	844.085	*	365
=	91.681					/	844.085	*	365
=	39.64

Karoon Energy'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: Jun. 2023 )	+	Accounts Receivable (A: Dec. 2023 ))	/	count )	/	Revenue (A: Dec. 2023 )	*	Days in Period
=	( (103.704	+	59.76)	/	2 )	/	616.873	*	365 / 2
=	81.732					/	616.873	*	365 / 2
=	24.18

Karoon Energy (ASX:KAR) Days Sales Outstanding Explanation

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

Karoon Energy Days Sales Outstanding Related Terms

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Karoon Energy (ASX:KAR) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Karoon Energy Ltd (ASX:KAR) » Definitions » Days Sales Outstanding

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KRNGY:USA KRNGF:USA LBL:Germany

Address

6 Riverside Quay, Level 3, Suite 3.02, Southbank, Melbourne, VIC, AUS, 3006

Website

https://www.karoonenergy.com.au

Karoon produces around 8 million barrels of oil annually from its wholly owned Bauna field in Brazil's offshore Santos basin. The company acquired Bauna from Petrobras in 2020 and has been steadily increasing production via well interventions and new developments. Field life is approaching eight years based on proven and probable 2P reserves of 55 million barrels at end December 2022, though this excludes a further 82 million barrels in 2C contingent resources which which have potential to increase life further. We credit life of approximately 10 years, assuming partial conversion of 2C contingent resources into reserve category with drilling. There are also prospective untested targets within Karoon's permits which could potentially add further reserves in the medium term.