ChampionX's average Accounts Receivable for the
three
months ended in Mar. 2024 was $503 Mil. ChampionX's Revenue for the
three
months ended in Mar. 2024 was $922 Mil.
Hence, ChampionX's Days Sales Outstanding for the
three
months ended in Mar. 2024 was 49.79.
The historical rank and industry rank for ChampionX's Days Sales Outstanding or its related term are showing as below:
CHX'
s Days Sales Outstanding Range Over the Past 10 Years
Min: 50.62 Med: 67.81 Max: 76.03
Current: 50.62
During the past 9 years, ChampionX's highest Days Sales Outstanding was 76.03. The lowest was 50.62. And the median was 67.81.
CHX's Days Sales Outstanding is ranked worse than 52.19% of 937
companies
in the Oil & Gas industry
Industry Median: 48.81
vs CHX: 50.62
ChampionX's Days Sales Outstanding
declined
from Mar. 2023 (54.87) to Mar. 2024 (49.79).
ChampionX Days Sales Outstanding Historical Data
The historical data trend for ChampionX'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.
Competitive Comparison of ChampionX's Days Sales Outstanding
For the Oil & Gas Equipment & Services subindustry, ChampionX'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.
ChampionX's Days Sales Outstanding Distribution in the Oil & Gas Industry
For the Oil & Gas industry and Energy sector, ChampionX's Days Sales Outstanding distribution charts can be found below:
* The bar in red indicates where ChampionX's Days Sales Outstanding falls into.
ChampionX 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.
* 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.
ChampionX (NAS:CHX) Days Sales Outstanding Explanation
For retailers, when we compare Days Sales Outstanding, it is important to compare the same period in the previous years.
ChampionX Days Sales Outstanding Related Terms
Thank you for viewing the detailed overview of ChampionX's Days Sales Outstanding provided by GuruFocus.com. Please click on the following links to see related term pages.
ChampionX provides chemical solutions and equipment for onshore and offshore oil and gas production. Its engineering expertise spans the well life cycle, but the firm maintains a particular focus on the production phase. Key offerings include artificial lift services and drilling technologies, specializing in polycrystalline diamond cutter inserts. ChampionX was formed after Apergy acquired its chemical technologies business from Ecolab in 2020.
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