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Strathcona Resources (TSX:SCR) Days Sales Outstanding : 4.47 (As of Dec. 2023)


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What is Strathcona Resources Days Sales Outstanding?

Strathcona Resources's average Accounts Receivable for the three months ended in Dec. 2023 was C$189 Mil. Strathcona Resources's Revenue for the three months ended in Dec. 2023 was C$3,862 Mil. Hence, Strathcona Resources's Days Sales Outstanding for the three months ended in Dec. 2023 was 4.47.

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

TSX:SCR' s Days Sales Outstanding Range Over the Past 10 Years
Min: 20.65   Med: 28.24   Max: 29.18
Current: 20.65

During the past 2 years, Strathcona Resources's highest Days Sales Outstanding was 29.18. The lowest was 20.65. And the median was 28.24.

TSX:SCR's Days Sales Outstanding is ranked better than
85.56% of 935 companies
in the Oil & Gas industry
Industry Median: 49.11 vs TSX:SCR: 20.65

Strathcona Resources's Days Sales Outstanding increased from . 20 (0.00) to Dec. 2023 (4.47).


Strathcona Resources Days Sales Outstanding Historical Data

The historical data trend for Strathcona Resources'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.

Strathcona Resources Days Sales Outstanding Chart

Strathcona Resources Annual Data
Trend Dec22 Dec23
Days Sales Outstanding
29.18 27.29

Strathcona Resources Quarterly Data
Sep22 Dec22 Sep23 Dec23
Days Sales Outstanding - 8.39 122.27 4.47

Competitive Comparison of Strathcona Resources's Days Sales Outstanding

For the Oil & Gas E&P subindustry, Strathcona Resources'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.


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

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

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



Strathcona Resources 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.

Strathcona Resources'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
=( (299.1 + 334.6) / 2 ) / 4237.7*365
=316.85 / 4237.7*365
=27.29

Strathcona Resources'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
=( (43.422 + 334.6) / 2 ) / 3861.938*365 / 4
=189.011 / 3861.938*365 / 4
=4.47

* 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.


Strathcona Resources  (TSX:SCR) Days Sales Outstanding Explanation

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


Strathcona Resources Days Sales Outstanding Related Terms

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Strathcona Resources (TSX:SCR) Business Description

Traded in Other Exchanges
Address
421 7th Avenue South west, 1900, Calgary, AB, CAN, T2P4K9
Strathcona Resources Ltd is an energy company, it is a consolidator and developer of oil and gas assets. The company focuses on thermal oil, enhanced oil recovery, and condensate-rich Montney.

Strathcona Resources (TSX:SCR) Headlines

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