Tethys Oil AB (OSTO:TETY) Days Sales Outstanding : 31.31 (As of Mar. 2024)

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What is Tethys Oil AB Days Sales Outstanding?

Tethys Oil AB's average Accounts Receivable for the three months ended in Mar. 2024 was kr108 Mil. Tethys Oil AB's Revenue for the three months ended in Mar. 2024 was kr313 Mil. Hence, Tethys Oil AB's Days Sales Outstanding for the three months ended in Mar. 2024 was 31.31.

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

OSTO:TETY' s Days Sales Outstanding Range Over the Past 10 Years
Min: 20.29 Med: 27.08 Max: 30.33
Current: 29.25

During the past 13 years, Tethys Oil AB's highest Days Sales Outstanding was 30.33. The lowest was 20.29. And the median was 27.08.

OSTO:TETY's Days Sales Outstanding is ranked better than
77.34% of 931 companies
in the Oil & Gas industry
Industry Median: 48.99 vs OSTO:TETY: 29.25

Tethys Oil AB's Days Sales Outstanding declined from Mar. 2023 (31.64) to Mar. 2024 (31.31).

Tethys Oil AB Days Sales Outstanding Historical Data

The historical data trend for Tethys Oil AB'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.

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Tethys Oil AB Days Sales Outstanding Chart

Tethys Oil AB Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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20.29

21.16

24.92

21.93

29.64

Tethys Oil AB 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															31.64	26.88	30.71	27.53	31.31

Competitive Comparison of Tethys Oil AB's Days Sales Outstanding

For the Oil & Gas E&P subindustry, Tethys Oil AB'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.

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

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

* The bar in red indicates where Tethys Oil AB's Days Sales Outstanding falls into.

Tethys Oil AB 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.

Tethys Oil AB'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
=	( (129.725	+	100.524)	/	2 )	/	1417.6	*	365
=	115.1245					/	1417.6	*	365
=	29.64

Tethys Oil AB'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
=	( (100.524	+	114.524)	/	2 )	/	313.38	*	365 / 4
=	107.524					/	313.38	*	365 / 4
=	31.31

Tethys Oil AB (OSTO:TETY) Days Sales Outstanding Explanation

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

Tethys Oil AB Days Sales Outstanding Related Terms

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Tethys Oil AB (OSTO:TETY) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Tethys Oil AB (OSTO:TETY) » Definitions » Days Sales Outstanding

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Traded in Other Exchanges

TZB0:Germany

Address

Hovslagargatan 5B, 1 tr, Stockholm, SWE, SE-111 48

Website

https://www.tethysoil.com

Tethys Oil AB is a Sweden-based energy company. The company is focused on oil and gas exploration and production onshore areas with known discoveries. Its core area of focus is the Sultanate of Oman, where the company holds license interests in three onshore blocks Blocks 3 and 4, Block 49, Block 56, and Block 58. . Tethys Oil has licenses in three countries namely Oman, Lithuania, and France. The majority of its revenue is generated through its operations in Oman.

Tethys Oil AB (OSTO:TETY) Headlines

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