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Crescent Energy Co (Crescent Energy Co) Days Sales Outstanding : 67.76 (As of Mar. 2024)


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What is Crescent Energy Co Days Sales Outstanding?

Crescent Energy Co's average Accounts Receivable for the three months ended in Mar. 2024 was $488 Mil. Crescent Energy Co's Revenue for the three months ended in Mar. 2024 was $657 Mil. Hence, Crescent Energy Co's Days Sales Outstanding for the three months ended in Mar. 2024 was 67.76.

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

CRGY' s Days Sales Outstanding Range Over the Past 10 Years
Min: 34.68   Med: 52.05   Max: 74.03
Current: 73.47

During the past 6 years, Crescent Energy Co's highest Days Sales Outstanding was 74.03. The lowest was 34.68. And the median was 52.05.

CRGY's Days Sales Outstanding is ranked worse than
72.76% of 936 companies
in the Oil & Gas industry
Industry Median: 48.86 vs CRGY: 73.47

Crescent Energy Co's Days Sales Outstanding declined from Mar. 2023 (71.91) to Mar. 2024 (67.76).


Crescent Energy Co Days Sales Outstanding Historical Data

The historical data trend for Crescent Energy Co'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.

Crescent Energy Co Days Sales Outstanding Chart

Crescent Energy Co Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Sales Outstanding
Get a 7-Day Free Trial 34.68 52.05 56.10 47.87 74.03

Crescent Energy Co Quarterly Data
Dec18 Dec19 Jun20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Days Sales Outstanding Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 71.91 84.35 72.37 75.32 67.76

Competitive Comparison of Crescent Energy Co's Days Sales Outstanding

For the Oil & Gas E&P subindustry, Crescent Energy Co'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.


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

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

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



Crescent Energy Co 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.

Crescent Energy Co'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
=( (459.752 + 506.738) / 2 ) / 2382.602*365
=483.245 / 2382.602*365
=74.03

Crescent Energy Co'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
=( (506.738 + 469.709) / 2 ) / 657.473*365 / 4
=488.2235 / 657.473*365 / 4
=67.76

* 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.


Crescent Energy Co  (NYSE:CRGY) Days Sales Outstanding Explanation

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


Crescent Energy Co Days Sales Outstanding Related Terms

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Crescent Energy Co (Crescent Energy Co) Business Description

Traded in Other Exchanges
N/A
Address
600 Travis Street, Suite 7200, Houston, TX, USA, 77002
Crescent Energy Co an independent energy company with a portfolio of assets in key basins across the lower 48 states. The company maintains a diverse portfolio of assets in key proven basins across the United States, including the Eagle Ford, Rockies, Barnett, Permian, and Mid-Con. It seeks to deliver attractive risk-adjusted investment returns and predictable cash flows across cycles with a focus on operated oil and gas assets complemented by non?operated assets, mineral and royalty interests, and midstream infrastructure.
Executives
David C. Rockecharlie director, officer: Chief Executive Officer 600 TRAVIS STREET, SUITE 7200, HOUSTON TX 77002
Brandi Kendall director, officer: Chief Financial Officer 600 TRAVIS STREET, SUITE 7200, HOUSTON TX 77002
Independence Energy Aggregator L.p. 10 percent owner 600 TRAVIS STREEET, SUITE 7200, HOUSTON TX 77002
Kkr Group Partnership L.p. 10 percent owner C/O KOHLBERG KRAVIS ROBERTS & CO. L.P., 30 HUDSON YARDS, NEW YORK NY 10001
Todd Falk officer: Chief Accounting Officer 600 TRAVIS STREET, SUITE 7200, HOUSTON TX 77002
Bo Shi officer: See Remarks 600 TRAVIS STREET, SUITE 7200, HOUSTON TX 77002
John Clayton Rynd officer: Executive Vice President 600 TRAVIS STREET, SUITE 7200, HOUSTON TX 77002
Teacher Retirement System Of Texas 10 percent owner 1000 RED RIVER STREET, AUSTIN TX 78701
Benjamin Conner officer: Executive Vice President 600 TRAVIS STREET, SUITE 7200, HOUSTON TX 77002
Kkr Group Co. Inc. 10 percent owner 30 HUDSON YARDS, NEW YORK NY 10001
Karen Jo Simon director 1918 OLIVE STREET, #2904, DALLAS TX 75201
Bevin Brown director 600 TRAVIS STREET, SUITE 7200, HOUSTON TX 77002
Erich Bobinsky director 600 TRAVIS STREET, SUITE 7200, HOUSTON TX 77002
Kkr Group Assets Holdings Iii L.p. 10 percent owner 30 HUDSON YARDS, NEW YORK NY 10001
Kkr Group Assets Iii Gp Llc 10 percent owner 30 HUDSON YARDS, NEW YORK NY 10001