Southwest Gas Holdings (FRA:SZR) Days Sales Outstanding : 49.83 (As of Mar. 2024)

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What is Southwest Gas Holdings Days Sales Outstanding?

Southwest Gas Holdings's average Accounts Receivable for the three months ended in Mar. 2024 was €794 Mil. Southwest Gas Holdings's Revenue for the three months ended in Mar. 2024 was €1,454 Mil. Hence, Southwest Gas Holdings's Days Sales Outstanding for the three months ended in Mar. 2024 was 49.83.

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

FRA:SZR' s Days Sales Outstanding Range Over the Past 10 Years
Min: 43.12 Med: 50.1 Max: 60.96
Current: 60.33

During the past 13 years, Southwest Gas Holdings's highest Days Sales Outstanding was 60.96. The lowest was 43.12. And the median was 50.10.

FRA:SZR's Days Sales Outstanding is ranked worse than
57.74% of 504 companies
in the Utilities - Regulated industry
Industry Median: 53.835 vs FRA:SZR: 60.33

Southwest Gas Holdings's Days Sales Outstanding declined from Mar. 2023 (50.62) to Mar. 2024 (49.83).

Southwest Gas Holdings Days Sales Outstanding Historical Data

The historical data trend for Southwest Gas Holdings'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.

Southwest Gas Holdings Days Sales Outstanding Chart

Southwest Gas Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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51.38

57.60

59.11

56.26

59.72

Southwest Gas Holdings Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Sales Outstanding	Get a 7-Day Free Trial															50.62	65.25	71.22	60.37	49.83

Competitive Comparison of Southwest Gas Holdings's Days Sales Outstanding

For the Utilities - Regulated Gas subindustry, Southwest Gas Holdings'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.

Southwest Gas Holdings's Days Sales Outstanding Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Southwest Gas Holdings's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Southwest Gas Holdings's Days Sales Outstanding falls into.

Southwest Gas Holdings 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.

Southwest Gas Holdings's Days Sales Outstanding for the fiscal year that ended in Dec. 2023 is calculated as

	Days Sales Outstanding (A: Dec. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Dec. 2022 )	+	Accounts Receivable (A: Dec. 2023 ))	/	count )	/	Revenue (A: Dec. 2023 )	*	Days in Period
=	( (817.736	+	812.965)	/	2 )	/	4982.952	*	365
=	815.3505					/	4982.952	*	365
=	59.72

Southwest Gas Holdings's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

	Days Sales Outstanding (Q: Mar. 2024 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Dec. 2023 )	+	Accounts Receivable (A: Mar. 2024 ))	/	count )	/	Revenue (A: Mar. 2024 )	*	Days in Period
=	( (812.965	+	775.682)	/	2 )	/	1454.48	*	365 / 4
=	794.3235					/	1454.48	*	365 / 4
=	49.83

Southwest Gas Holdings (FRA:SZR) Days Sales Outstanding Explanation

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

Southwest Gas Holdings Days Sales Outstanding Related Terms

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Southwest Gas Holdings (FRA:SZR) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Southwest Gas Holdings Inc (FRA:SZR) » Definitions » Days Sales Outstanding

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Traded in Other Exchanges

SWX:USA

Address

8360 South Durango Drive, Post Office Box 98510, Las Vegas, NV, USA, 89193-8510

Website

https://www.swgasholdings.com

Southwest Gas Holdings Inc is a utility company primarily engaged in the purchasing, distributing, and transporting of natural gas in the American Southwest. The company segments its activities into natural gas operations and Utility Infrastructure Services units. The first of these encompasses the company's core natural gas business as one of the largest distributors in the states of Arizona and Nevada. The natural gas operations division is responsible for roughly half of Southwest Gas' total revenue through the sale of natural gas to mainly residential and small commercial customers. The Utility Infrastructure Services segment generates the other half of the company's total revenue from the underground piping contractor services that its subsidiary, Centuri Construction Group, provides.

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