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Murphy USA MUSA Petroleum product sales, rack sales — Collection period

Discontinued — last reported Q1 '21

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Other financials

Income statement

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Revenue$4.8B+6.5%
Operating income$205.2M+133%
Net income$136.3M+156%
EPS (diluted)$7.28+177%

Balance sheet

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Cash & equivalents$118.6M+140%
Total debt$2.8B+7.8%
Total equity$658.7M-8.5%
Total assets$4.9B+8.1%

Cash flow

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Operating cash flow$320.0M+149%
CapEx$98.3M+12.0%
Free cash flow$221.7M+445%

Valuation

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Market cap$10.18B-1.7%
Enterprise value$12.9B-0.2%
P/E18.4×-2.8×
P/S0.5×0.0×

Profitability

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Gross margin85.4%
Operating margin4.2%+0.6pp
Net margin2.8%+0.4pp
FCF margin2.8%+1.0pp

Returns & leverage

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Return on equity80.3%+15.1pp
Debt / equity4.3×+0.6×
Current ratio0.8×0.0×

Where this comes from

Reported directly by Murphy USA in its filing.

Tagged under the XBRL concept musa:ContractwithCustomerReceivablesCollectionPeriod.

The official record: Murphy USA’s 10-Q, filed April 29, 2021, on SEC EDGAR. View the filing →

Questions, answered.

What does petroleum product sales, rack sales — collection period mean?
The average time it takes for the company to collect payment from wholesale fuel customers.
How do you interpret petroleum product sales, rack sales — collection period?
An increase suggests potential credit risk or slower payment cycles from wholesale buyers, while a decrease indicates improved cash flow efficiency and stronger customer credit profiles.
How does petroleum product sales, rack sales — collection period compare across companies?
Comparable to Days Sales Outstanding (DSO) metrics used by other fuel wholesalers and energy distributors to monitor working capital efficiency.