APA Days sales outstanding
Days sales outstanding at APA Corporation fell to 43.5 days in fiscal 2025, the lowest in the 3 years reported, from 73.4 days in 2024, as the Egypt receivables release collected thirty days of sales in one year.
Year-end receivables divided by total revenue, times 365. Both inputs as filed.
SOURCE: us-gaap:AccountsReceivableNetCurrent + gold:compact_st.is.rev_tot · EDGAR CompanyFacts · CIK 1841666 · EDGAR ↗ · FY2023–FY2025 · ANNUAL
History AS FILED · DERIVATION SHOWN WHERE DERIVED
| Fiscal year | Receivables | Revenue | DSO |
|---|---|---|---|
| FY2025 | $1.1B | $8.9B | 43.5 days |
| FY2024 | $2.0B | $9.7B | 73.4 days |
| FY2023 | $1.6B | $8.3B | 71.0 days |
Cross-checks touching this measure FROM THE FILING REVIEW
✗ CONTRADICTSCash generation
The arithmetic is exact; the quality is not. Real cash, collected once. Strip the Egypt release and cash flow grew 2.1%, in line with volumes.
FY2025 10-K · FULL RECONCILIATION →◐ PARTLYEarnings
The driver is named, honestly. But the impairment swing exceeds the entire improvement, so underlying earnings fell. The flattering figure leads.
FY2025 10-K · FULL RECONCILIATION →✗ RED FLAGReceivables & DSO
Thirty days of receivables collected in one year. Real cash, but DSO cannot fall another thirty, so 2026 cash flow starts $850M behind. Management names the collection; it never says the boost cannot repeat.
FY2025 10-K · FULL RECONCILIATION →More SAME DATA, OTHER VIEWS
Days sales outstanding across coverage → · APA company view →
Revenue · Net income · Operating cash flow · Free cash flow · Capital expenditure · Cash & equivalents · Total assets · Shareholders' equity · Total debt · Return on equity
Not investment advice. Every figure on this page is an XBRL fact from the issuer's own SEC filings or an arithmetic over such facts with the method shown. No forecast is made; no posture is expressed.