NuVista Energy (TSX:NVA) Days Sales Outstanding : 46.72 (As of Mar. 2024)

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What is NuVista Energy Days Sales Outstanding?

NuVista Energy's average Accounts Receivable for the three months ended in Mar. 2024 was C$158 Mil. NuVista Energy's Revenue for the three months ended in Mar. 2024 was C$309 Mil. Hence, NuVista Energy's Days Sales Outstanding for the three months ended in Mar. 2024 was 46.72.

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

TSX:NVA' s Days Sales Outstanding Range Over the Past 10 Years
Min: 29.2 Med: 41.3 Max: 55.56
Current: 44.54

During the past 13 years, NuVista Energy's highest Days Sales Outstanding was 55.56. The lowest was 29.20. And the median was 41.30.

TSX:NVA's Days Sales Outstanding is ranked better than
55.4% of 935 companies
in the Oil & Gas industry
Industry Median: 49.24 vs TSX:NVA: 44.54

NuVista Energy's Days Sales Outstanding increased from Mar. 2023 (39.79) to Mar. 2024 (46.72).

NuVista Energy Days Sales Outstanding Historical Data

The historical data trend for NuVista 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.

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NuVista Energy Days Sales Outstanding Chart

NuVista Energy Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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36.19

49.80

29.20

29.55

46.75

NuVista Energy 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															39.79	46.53	43.16	45.36	46.72

Competitive Comparison of NuVista Energy's Days Sales Outstanding

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

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

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

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

NuVista 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.

NuVista 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
=	( (194.128	+	163.987)	/	2 )	/	1398.097	*	365
=	179.0575					/	1398.097	*	365
=	46.75

NuVista Energy'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
=	( (163.987	+	152.48)	/	2 )	/	309.024	*	365 / 4
=	158.2335					/	309.024	*	365 / 4
=	46.72

NuVista Energy (TSX:NVA) Days Sales Outstanding Explanation

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

NuVista Energy Days Sales Outstanding Related Terms

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NuVista Energy (TSX:NVA) Business Description

Industry

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NUVSF:USA

Address

525 - 8th Avenue South West, Suite 2500, Calgary, AB, CAN, T2P 1G1

Website

https://nvaenergy.com

NuVista Energy Ltd engages in the exploration, development, and production of oil and natural gas in the Western Canadian Sedimentary Basin. Products sold include natural gas, condensate & oil, butane, propane, and ethane, with condensate composing nearly half of all sales. Condensate finds significant use in the heavy oil business when applied to heavy oil bitumen. It creates the viscosity needed for pipeline transportation. The Wapiti Montney area delivers the largest portion of hydrocarbon production for NuVista. To better service assets and production in this area, the firm operates compressor and dehydration stations.

Executives

Paramount Resources Ltd.

10% Security Holder

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