Cactus (FRA:43C) Days Sales Outstanding : 68.63 (As of Mar. 2024)

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What is Cactus Days Sales Outstanding?

Cactus's average Accounts Receivable for the three months ended in Mar. 2024 was €190 Mil. Cactus's Revenue for the three months ended in Mar. 2024 was €252 Mil. Hence, Cactus's Days Sales Outstanding for the three months ended in Mar. 2024 was 68.63.

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

FRA:43C' s Days Sales Outstanding Range Over the Past 10 Years
Min: 52.31 Med: 59.18 Max: 76.19
Current: 66.65

During the past 9 years, Cactus's highest Days Sales Outstanding was 76.19. The lowest was 52.31. And the median was 59.18.

FRA:43C's Days Sales Outstanding is ranked worse than
65.96% of 937 companies
in the Oil & Gas industry
Industry Median: 48.71 vs FRA:43C: 66.65

Cactus's Days Sales Outstanding declined from Mar. 2023 (69.75) to Mar. 2024 (68.63).

Cactus Days Sales Outstanding Historical Data

The historical data trend for Cactus'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.

Cactus Days Sales Outstanding Chart

Cactus Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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51.69

73.44

54.15

58.83

57.85

Cactus Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Sales Outstanding	Get a 7-Day Free Trial															69.75	63.63	66.19	69.07	68.63

Competitive Comparison of Cactus's Days Sales Outstanding

For the Oil & Gas Equipment & Services subindustry, Cactus'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.

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

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

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

Cactus 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.

Cactus'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
=	( (130.525	+	188.334)	/	2 )	/	1005.912	*	365
=	159.4295					/	1005.912	*	365
=	57.85

Cactus'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
=	( (188.334	+	191.014)	/	2 )	/	252.193	*	365 / 4
=	189.674					/	252.193	*	365 / 4
=	68.63

Cactus (FRA:43C) Days Sales Outstanding Explanation

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

Cactus Days Sales Outstanding Related Terms

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Cactus (FRA:43C) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Cactus Inc (FRA:43C) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

WHD:USA

Address

920 Memorial City Way, Suite 300, Houston, TX, USA, 77024

Website

https://www.cactuswhd.com

Cactus Inc is engaged in the designing, manufacturing, and sale of wellheads and pressure control equipment. Its principal products include Cactus SafeDrill wellhead systems, frac stacks, zipper manifolds, and production trees. The company also provides mission-critical field services, including service crews to assist with the installation, maintenance, and safe handling of the wellhead and pressure control equipment, as well as repair services for equipment that it sells or rents. It sells or rents its products principally for onshore unconventional oil and gas wells that are utilized during the drilling, completion (including fracturing), and production.

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