Petrol AD (XBUL:PET) Days Sales Outstanding : 14.39 (As of Mar. 2023)

View and export this data going back to 1998. Start your Free Trial

What is Petrol AD Days Sales Outstanding?

Petrol AD's average Accounts Receivable for the three months ended in Mar. 2023 was лв21.9 Mil. Petrol AD's Revenue for the three months ended in Mar. 2023 was лв138.8 Mil. Hence, Petrol AD's Days Sales Outstanding for the three months ended in Mar. 2023 was 14.39.

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

XBUL:PET's Days Sales Outstanding is not ranked ^*
in the Oil & Gas industry.
Industry Median: 48.99
* Ranked among companies with meaningful Days Sales Outstanding only.

Petrol AD's Days Sales Outstanding declined from Dec. 2021 (17.19) to Mar. 2023 (14.39).

Petrol AD Days Sales Outstanding Historical Data

The historical data trend for Petrol AD'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.

Petrol AD Days Sales Outstanding Chart

Petrol AD Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Days Sales Outstanding

Get a 7-Day Free Trial

17.23

17.61

21.25

15.37

9.85

Petrol AD Quarterly Data
	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Dec22	Mar23
Days Sales Outstanding	Get a 7-Day Free Trial															17.19	17.63	14.77	-	14.39

Competitive Comparison of Petrol AD's Days Sales Outstanding

For the Oil & Gas Refining & Marketing subindustry, Petrol AD'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.

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

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

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

Petrol AD 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.

Petrol AD's Days Sales Outstanding for the fiscal year that ended in Dec. 2022 is calculated as

	Days Sales Outstanding (A: Dec. 2022 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Dec. 2021 )	+	Accounts Receivable (A: Dec. 2022 ))	/	count )	/	Revenue (A: Dec. 2022 )	*	Days in Period
=	( (22.553	+	21.3)	/	2 )	/	812.431	*	365
=	21.9265					/	812.431	*	365
=	9.85

Petrol AD's Days Sales Outstanding for the quarter that ended in Mar. 2023 is calculated as:

	Days Sales Outstanding (Q: Mar. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Dec. 2022 )	+	Accounts Receivable (A: Mar. 2023 ))	/	count )	/	Revenue (A: Mar. 2023 )	*	Days in Period
=	( (21.3	+	22.466)	/	2 )	/	138.78	*	365 / 4
=	21.883					/	138.78	*	365 / 4
=	14.39

Petrol AD (XBUL:PET) Days Sales Outstanding Explanation

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

Petrol AD Days Sales Outstanding Related Terms

Thank you for viewing the detailed overview of Petrol AD's Days Sales Outstanding provided by GuruFocus.com. Please click on the following links to see related term pages.

Petrol AD (XBUL:PET) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Petrol AD (XBUL:PET) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

bul. Cherni vrah 43, rayon Lozenets, Sofia, BGR, 1407

Website

http://www.petrol.bg

Petrol AD is engaged in the distribution of fuels in Bulgaria. Its other business activities comprise selling of fuel at retail and wholesale, storage of fuels and maintenance of fuel sales facilities.