Renova Energia (BSP:RNEW3) Days Sales Outstanding : 12.82 (As of Dec. 2023)

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What is Renova Energia Days Sales Outstanding?

Renova Energia's average Accounts Receivable for the three months ended in Dec. 2023 was R$30.6 Mil. Renova Energia's Revenue for the three months ended in Dec. 2023 was R$218.1 Mil. Hence, Renova Energia's Days Sales Outstanding for the three months ended in Dec. 2023 was 12.82.

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

BSP:RNEW3' s Days Sales Outstanding Range Over the Past 10 Years
Min: 13.58 Med: 22.33 Max: 54.08
Current: 26.58

During the past 13 years, Renova Energia's highest Days Sales Outstanding was 54.08. The lowest was 13.58. And the median was 22.33.

BSP:RNEW3's Days Sales Outstanding is ranked better than
89.73% of 409 companies
in the Utilities - Independent Power Producers industry
Industry Median: 66.36 vs BSP:RNEW3: 26.58

Renova Energia's Days Sales Outstanding declined from Dec. 2022 (42.76) to Dec. 2023 (12.82).

Renova Energia Days Sales Outstanding Historical Data

The historical data trend for Renova Energia'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.

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Renova Energia Days Sales Outstanding Chart

Renova Energia Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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22.03

20.35

20.33

32.36

29.22

Renova Energia Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Sales Outstanding	Get a 7-Day Free Trial															42.76	39.37	44.33	43.01	12.82

Competitive Comparison of Renova Energia's Days Sales Outstanding

For the Utilities - Renewable subindustry, Renova Energia'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.

Renova Energia's Days Sales Outstanding Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Renova Energia's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Renova Energia's Days Sales Outstanding falls into.

Renova Energia 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.

Renova Energia'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
=	( (30.367	+	32.93)	/	2 )	/	395.398	*	365
=	31.6485					/	395.398	*	365
=	29.22

Renova Energia's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

	Days Sales Outstanding (Q: Dec. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Sep. 2023 )	+	Accounts Receivable (A: Dec. 2023 ))	/	count )	/	Revenue (A: Dec. 2023 )	*	Days in Period
=	( (28.356	+	32.93)	/	2 )	/	218.144	*	365 / 4
=	30.643					/	218.144	*	365 / 4
=	12.82

Renova Energia (BSP:RNEW3) Days Sales Outstanding Explanation

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

Renova Energia Days Sales Outstanding Related Terms

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Renova Energia (BSP:RNEW3) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » Renova Energia SA (BSP:RNEW3) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

RNEW11:Brazil RNEW4:Brazil

Address

Av. Roque Petroni Júnior, Suite 999, 4th Floor, Sao Paulo, SP, BRA, 4571011

Website

https://www.renovaenergia.com.br

Renova Energia SA is a Brazilian energy company generating electric power from renewable sources, focusing on wind farms, small hydroelectric plants, and solar energy. The company is responsible for prospecting, developing, and implementing projects to generate power. The company is also involved in the power trading business. A majority of revenue is derived from a combination of wind and power trading, with a significantly smaller portion of revenue coming from both small hydroelectric plants and solar power. Renova generates the vast majority of its revenue in Brazil.

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