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HighPeak Energy (HighPeak Energy) Days Sales Outstanding : 33.42 (As of Dec. 2023)


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What is HighPeak Energy Days Sales Outstanding?

HighPeak Energy's average Accounts Receivable for the three months ended in Dec. 2023 was $110 Mil. HighPeak Energy's Revenue for the three months ended in Dec. 2023 was $301 Mil. Hence, HighPeak Energy's Days Sales Outstanding for the three months ended in Dec. 2023 was 33.42.

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

HPK' s Days Sales Outstanding Range Over the Past 10 Years
Min: 31.4   Med: 35.95   Max: 151.26
Current: 32.79

During the past 5 years, HighPeak Energy's highest Days Sales Outstanding was 151.26. The lowest was 31.40. And the median was 35.95.

HPK's Days Sales Outstanding is ranked better than
71.82% of 937 companies
in the Oil & Gas industry
Industry Median: 48.81 vs HPK: 32.79

HighPeak Energy's Days Sales Outstanding increased from Dec. 2022 (31.81) to Dec. 2023 (33.42).


HighPeak Energy Days Sales Outstanding Historical Data

The historical data trend for HighPeak 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.

HighPeak Energy Days Sales Outstanding Chart

HighPeak Energy Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Days Sales Outstanding
151.26 - 39.05 32.84 31.40

HighPeak Energy Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 Premium Member Only 31.81 36.20 34.48 29.96 33.42

Competitive Comparison of HighPeak Energy's Days Sales Outstanding

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


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

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

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



HighPeak 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.

HighPeak Energy'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
=( (96.596 + 94.589) / 2 ) / 1111.293*365
=95.5925 / 1111.293*365
=31.40

HighPeak 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: Sep. 2023 ) + Accounts Receivable (A: Dec. 2023 )) / count ) / Revenue (A: Dec. 2023 )*Days in Period
=( (125.982 + 94.589) / 2 ) / 301.153*365 / 4
=110.2855 / 301.153*365 / 4
=33.42

* 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.


HighPeak Energy  (NAS:HPK) Days Sales Outstanding Explanation

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


HighPeak Energy Days Sales Outstanding Related Terms

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HighPeak Energy (HighPeak Energy) Business Description

Traded in Other Exchanges
Address
421 W. 3rd Street, Suite 1000, Fort Worth, TX, USA, 76102
HighPeak Energy Inc is an independent oil and natural gas company focused on the development of unconventional oil and natural gas reserves in primarily Howard County of the Midland Basin. The company operates in a single segment, which is oil and natural gas development, exploration, and production.
Executives
Jack Hightower director, 10 percent owner, officer: Chief Executive Officer 1700 PACIFIC, SUYITE 3300, DALLAS TX 75201
Jay M. Chernosky director 602 FALL RIVER ROAD, HOUSTON TX 77024
Michael L. Hollis director, officer: President 500 WEST TEXAS, SUITE 1225, MIDLAND TX 79701
John Paul Dejoria 10 percent owner 2934 OESTRICK LANE, AUSTIN TX 78733
Steven W Tholen officer: Chief Financial Officer 1177 ENCLAVE PARKWAY, SUITE 300, HOUSTON TX 77077
Rodney L Woodard officer: Chief Operating Officer C/O PURE RESOURCES, 500 W. ILLINOIS, MIDLAND TX 79701
Larry Oldham director 1004 N BIG SPRING, C/O PARALLEL PETROLEUM, MIDLAND TX 79701
Keith E Forbes officer: Vice President and Controller 421 W. 3RD STREET, SUITE 1000, FORT WORTH TX 76102
Jason A. Edgeworth director 421 W. 3RD STREET, SUITE 1000, FORT WORTH TX 76101
Michael H. Gustin director 208 HEWITT DRIVE, #103-113, WOODWAY TX 76712
Keith Covington director 500 WEST ILLINOIS, MIDLAND TX 79701
Highpeak Energy Partners, Lp other: . 421 W. 3RD STREET, SUITE 1000, FORT WORTH TX 76102
Highpeak Energy Partners Ii, Lp other: . 421 W. 3RD STREET, SUITE 1000, FORT WORTH TX 76102
Highpeak Pure Acquisition, Llc other: . 421 W 3RD STREET, SUITE 1000, FORT WORTH TX 76102
Sharon F. Fulgham director 4354 W. VICKERY BOULEVARD, FORT WORTH TX 76107

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