Northern Oil & Gas Inc (NOG)
Days of sales outstanding (DSO)
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Receivables turnover | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | |
| DSO | days | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
December 31, 2024 calculation
DSO = 365 ÷ Receivables turnover
= 365 ÷ —
= —
The days of sales outstanding (DSO) for Northern Oil & Gas Inc appears to be unavailable or not provided for the period from March 31, 2020, through December 31, 2024, based on the data provided. DSO is a financial metric that indicates the average number of days a company takes to collect revenue after a sale is made. It is a measure of the efficiency of a company's accounts receivable management.
Without specific DSO values for Northern Oil & Gas Inc, it is challenging to assess the company's ability to collect payments from customers in a timely manner. Generally, a lower DSO is preferable as it suggests quicker turnover of accounts receivable and efficient cash flow management. On the other hand, a high DSO may indicate potential issues with collections, credit policies, or customer payment practices.
It would be advisable for the company to track and disclose DSO figures in future financial statements to provide investors and analysts with valuable insights into its accounts receivable management and overall financial health.
Peer comparison
Dec 31, 2024