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Vantage Drilling International  (VDI)
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Vantage Drilling International Accounts Receivables Turnover Ratio from the second quarter 2023 to the second quarter 2022

Quarterly Results, Trends, Rankings, Statistics


Vantage Drilling International's ability to collect its outstanding accounts receivable from its corporate clients, has improved in the second quarter 2023 to a ratio of 4.25, above the company average. This is a clear sign of healthy business climate in the Oil Well Services & Equipment industry and improving liquidity at their respective customers, during the second quarter 2023. Average receivable collection period, for the Vantage Drilling International in Jun 30 2023 quarter, has decreased to 86 days, compared to 95 days, in the Mar 31 2023 quarter.

If we take a look into Energy sector 84 other companies have achieved higher receivables turnover ratio. While receivables turnover ratio total ranking has improved thus far to 2028, from overall ranking in the third quarter 2023 at 3122.

What is Receivable Turnover Ratio?
What is Vantage Drilling International Selling?


What is Receivable Turnover Ratio?




VDI Receivables Turnover Ratio (Jun 30 2023)
II. Quarter
(Mar 31 2023)
III. Quarter
(Dec 31 2022)
IV. Quarter
(Sep 30 2022)
III. Quarter
(Jun 30 2022)
II. Quarter
Y / Y Receivable Change 4.67 % 88.18 % 67.28 % 95.82 % 151.22 %
Y / Y Revenue Change 47.25 % 32.13 % 52.98 % 34.26 % 105.72 %
Receivable Turnover Ratio (TTM) 4.25 3.86 4.23 4.23 4.6
VDI's Total Ranking # 2028 # 3122 # 1786 # 2487 # 2183
Average receivable collection period 86 95 86 86 79
Seq. Receivable Change -12.95 % 52.08 % -11.36 % -10.8 % 56.51 %
Seq. Revenue Change 39.92 % 1.16 % 7.37 % -3.11 % 25.56 %


Receivable Turnover Company Ranking
Within: No.
Oil Well Services & Equipment Industry # 7
Energy Sector # 85
Overall Market # 2028

Receivable Turnover Ratio Statistics
High Average Low
0.62 0.3 0.11
(Jun 30 2019)   (Mar 31 2021)






Financial Statements
Vantage Drilling International's Accounts Receivable $ 83 Millions Visit VDI's Balance sheet
Vantage Drilling International's Sales TTM $ 332 Millions Visit VDI's Income Statement
Where are VDI's Sales coming from? Visit VDI's Sales by Geography

Other Accounts Receivable Turnover Ratios
Oil Well Services & Equipment Industry Accounts Receivable Turnover Trends and Statistics
Energy Sector Accounts Receivable Turnover Statistics
Accounts Receivables Turnover Trends for overall market
VDI's Receivable Turnover Ratio versus Oil Well Services & Equipment Industry, Energy Sector and total Market
Highest Ranking Accounts Receivables Turnover
Lowest Ranking Accounts Receivables Turnover
Accounts Receivable Turnover for VDI's Competitors
Receivables Turnover Ratio for VDI's Suppliers
Accounts Receivables Turnover Ratio for VDI's Customers

You may also want to know
VDI's Growth Rates VDI's Roa VDI's Inventory Turnover Ratio VDI's Dividend Comparisons
VDI's Profitability Ratios VDI's Roi VDI's Asset Turnover Ratio VDI's Dividend Growth
VDI's Valuation Ratios VDI's Roe VDI's Financial Strength Ratios VDI's Dividend Payout Ratio



Companies with similar Receivables Turnover Ratio for the quarter ending Jun 30 2023, within Energy Sector Receivable Turnover Ratio Revenues for 12 Months ending Jun 30 2023 Receivable at quarter ending Jun 30 2023
Chevron Corp  10.97 $ 222,806.000  Millions$ 20,307.000  Millions
Denbury Inc   10.86 $ 1,490.645  Millions$ 137.276  Millions
Hess Midstream Lp  10.81 $ 1,278.400  Millions$ 118.300  Millions
Chesapeake Energy Corporation  10.61 $ 12,549.000  Millions$ 1,182.500  Millions
Ramaco Resources Inc   10.40 $ 575.980  Millions$ 55.401  Millions
Highpeak Energy Inc   10.25 $ 926.583  Millions$ 90.438  Millions
Southwestern Energy Company  10.21 $ 11,308.000  Millions$ 1,107.250  Millions
Earthstone Energy Inc   10.19 $ 1,809.597  Millions$ 177.533  Millions
Murphy Oil Corporation  9.95 $ 3,934.948  Millions$ 395.308  Millions
Devon Energy Corp  9.77 $ 17,008.000  Millions$ 1,740.500  Millions
Gulfport Energy Corp  9.75 $ 2,209.521  Millions$ 226.514  Millions
Nabors Industries ltd  9.72 $ 3,000.490  Millions$ 308.688  Millions
Vital Energy inc   9.70 $ 1,495.814  Millions$ 154.247  Millions
Exxon Mobil Corporation  9.49 $ 376,977.000  Millions$ 39,720.750  Millions
Eog Resources Inc   9.41 $ 25,929.000  Millions$ 2,756.500  Millions
Evolution Petroleum Corp  9.38 $ 128.514  Millions$ 13.699  Millions
Permian Resources Corporation  9.01 $ 2,551.000  Millions$ 283.035  Millions
Battalion Oil Corp  8.85 $ 296.151  Millions$ 33.454  Millions
Silverbow Resources Inc   8.82 $ 707.513  Millions$ 80.233  Millions
Dawson Geophysical Company  8.79 $ 67.827  Millions$ 7.721  Millions
Occidental Petroleum Corporation  8.73 $ 31,536.000  Millions$ 3,612.250  Millions
Ring Energy Inc   8.72 $ 361.538  Millions$ 41.464  Millions
Magnolia Oil and Gas Corp  8.51 $ 1,420.678  Millions$ 166.860  Millions
Liberty Energy Inc   8.50 $ 4,870.904  Millions$ 572.996  Millions
Victory Oilfield Tech Inc   8.39 $ 1.587  Millions$ 0.189  Millions
Warrior Met Coal Inc   8.26 $ 1,624.264  Millions$ 196.699  Millions
Nextier Oilfield Solutions Inc   8.07 $ 3,647.630  Millions$ 452.128  Millions
Pedevco Corp   8.05 $ 30.109  Millions$ 3.739  Millions
Eqt Corporation  7.94 $ 9,229.113  Millions$ 1,162.537  Millions
Pdc Energy Inc   7.93 $ 4,220.270  Millions$ 532.321  Millions

Date modified: 2023-08-11T19:38:34+00:00



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