Altius Renewable Royalties (TSX:ARR) Days Sales Outstanding : 13.18 (As of Mar. 2024)

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What is Altius Renewable Royalties Days Sales Outstanding?

Altius Renewable Royalties's average Accounts Receivable for the three months ended in Mar. 2024 was C$0.21 Mil. Altius Renewable Royalties's Revenue for the three months ended in Mar. 2024 was C$1.47 Mil. Hence, Altius Renewable Royalties's Days Sales Outstanding for the three months ended in Mar. 2024 was 13.18.

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

TSX:ARR' s Days Sales Outstanding Range Over the Past 10 Years
Min: 21.19 Med: 144.21 Max: 895.12
Current: 29.5

During the past 6 years, Altius Renewable Royalties's highest Days Sales Outstanding was 895.12. The lowest was 21.19. And the median was 144.21.

TSX:ARR's Days Sales Outstanding is ranked better than
85.96% of 406 companies
in the Utilities - Independent Power Producers industry
Industry Median: 65.61 vs TSX:ARR: 29.50

Altius Renewable Royalties's Days Sales Outstanding declined from Mar. 2023 (42.58) to Mar. 2024 (13.18).

Altius Renewable Royalties Days Sales Outstanding Historical Data

The historical data trend for Altius Renewable Royalties'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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Altius Renewable Royalties Days Sales Outstanding Chart

Altius Renewable Royalties Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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144.21

404.41

895.12

71.38

21.19

Altius Renewable Royalties Quarterly Data
	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														42.58	44.34	37.55	14.00	13.18

Competitive Comparison of Altius Renewable Royalties's Days Sales Outstanding

For the Utilities - Renewable subindustry, Altius Renewable Royalties'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.

Altius Renewable Royalties's Days Sales Outstanding Distribution in the Utilities - Independent Power Producers Industry

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

* The bar in red indicates where Altius Renewable Royalties's Days Sales Outstanding falls into.

Altius Renewable Royalties 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.

Altius Renewable Royalties'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
=	( (0.259	+	0.156)	/	2 )	/	3.575	*	365
=	0.2075					/	3.575	*	365
=	21.19

Altius Renewable Royalties'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
=	( (0.156	+	0.269)	/	2 )	/	1.471	*	365 / 4
=	0.2125					/	1.471	*	365 / 4
=	13.18

Altius Renewable Royalties (TSX:ARR) Days Sales Outstanding Explanation

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

Altius Renewable Royalties Days Sales Outstanding Related Terms

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Altius Renewable Royalties (TSX:ARR) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » Altius Renewable Royalties Corp (TSX:ARR) » Definitions » Days Sales Outstanding

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ATRWF:USA 7VZ:Germany

Address

38 Duffy Place, 2nd Floor, Saint Johns, NL, CAN, A1B 4M5

Website

https://www.arr.energy

Altius Renewable Royalties Corp is a renewable energy royalty company whose business is to invest in renewable power developers and originators. The company's long-term strategy is to gain exposure to revenue underlying renewable energy operations by acquiring and managing a portfolio of diversified renewable energy royalties including acquiring royalties and other interests directly from project originators, developers, operators, and third-party holders of existing royalties. The Company manages its business under one operating segment consisting of the acquisition and management of renewable energy investments and royalties in North America.