REN-Redes Energeticas Nacionais Sgps (XLIS:RENE) Days Sales Outstanding : 94.62 (As of Dec. 2023)

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What is REN-Redes Energeticas Nacionais Sgps Days Sales Outstanding?

REN-Redes Energeticas Nacionais Sgps's average Accounts Receivable for the three months ended in Dec. 2023 was €315.8 Mil. REN-Redes Energeticas Nacionais Sgps's Revenue for the three months ended in Dec. 2023 was €304.5 Mil. Hence, REN-Redes Energeticas Nacionais Sgps's Days Sales Outstanding for the three months ended in Dec. 2023 was 94.62.

The historical rank and industry rank for REN-Redes Energeticas Nacionais Sgps's Days Sales Outstanding or its related term are showing as below:

XLIS:RENE' s Days Sales Outstanding Range Over the Past 10 Years
Min: 105.55 Med: 130.5 Max: 208.18
Current: 105.55

During the past 13 years, REN-Redes Energeticas Nacionais Sgps's highest Days Sales Outstanding was 208.18. The lowest was 105.55. And the median was 130.50.

XLIS:RENE's Days Sales Outstanding is ranked worse than
80.83% of 506 companies
in the Utilities - Regulated industry
Industry Median: 53.87 vs XLIS:RENE: 105.55

REN-Redes Energeticas Nacionais Sgps's Days Sales Outstanding increased from Dec. 2022 (85.11) to Dec. 2023 (94.62).

REN-Redes Energeticas Nacionais Sgps Days Sales Outstanding Historical Data

The historical data trend for REN-Redes Energeticas Nacionais Sgps'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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REN-Redes Energeticas Nacionais Sgps Days Sales Outstanding Chart

REN-Redes Energeticas Nacionais Sgps Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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126.03

112.90

135.01

134.97

112.52

REN-Redes Energeticas Nacionais Sgps 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															85.11	117.50	104.23	105.36	94.62

Competitive Comparison of REN-Redes Energeticas Nacionais Sgps's Days Sales Outstanding

For the Utilities - Diversified subindustry, REN-Redes Energeticas Nacionais Sgps'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.

REN-Redes Energeticas Nacionais Sgps's Days Sales Outstanding Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, REN-Redes Energeticas Nacionais Sgps's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where REN-Redes Energeticas Nacionais Sgps's Days Sales Outstanding falls into.

REN-Redes Energeticas Nacionais Sgps 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.

REN-Redes Energeticas Nacionais Sgps'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
=	( (226.773	+	357.63)	/	2 )	/	947.884	*	365
=	292.2015					/	947.884	*	365
=	112.52

REN-Redes Energeticas Nacionais Sgps'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
=	( (273.942	+	357.63)	/	2 )	/	304.535	*	365 / 4
=	315.786					/	304.535	*	365 / 4
=	94.62

REN-Redes Energeticas Nacionais Sgps (XLIS:RENE) Days Sales Outstanding Explanation

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

REN-Redes Energeticas Nacionais Sgps Days Sales Outstanding Related Terms

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REN-Redes Energeticas Nacionais Sgps (XLIS:RENE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » REN-Redes Energeticas Nacionais Sgps SA (XLIS:RENE) » Definitions » Days Sales Outstanding

Traded in Other Exchanges

0KBT:UK RN4:Germany

Address

Avenida Estados Unidos da America, 55, Lisbon, PRT, 1749-061

Website

http://www.ren.pt

REN-Redes Energeticas Nacionais Sgps SA is an energy and utilities company designed for the transmission and distributing electricity and natural gas. The company offers services that manage national energy transmission and distribution systems that include the national electric transmission grid (RNT), the national natural gas transportation grid (RNTGN) and the portgás distribution grid, enabling the creation of an Iberian electricity market that will develop the hydrogen corridor in Europe, together with other European TSOs (Enagas, GRTgaz, Terega and OGE).