2G Energy AG (2G Energy AG) Days Sales Outstanding : 40.44 (As of Dec. 2023)

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What is 2G Energy AG Days Sales Outstanding?

2G Energy AG's average Accounts Receivable for the six months ended in Dec. 2023 was $55.5 Mil. 2G Energy AG's Revenue for the six months ended in Dec. 2023 was $250.3 Mil. Hence, 2G Energy AG's Days Sales Outstanding for the six months ended in Dec. 2023 was 40.44.

The historical rank and industry rank for 2G Energy AG's Days Sales Outstanding or its related term are showing as below:

ZGBEF' s Days Sales Outstanding Range Over the Past 10 Years
Min: 44.07 Med: 56.03 Max: 58.62
Current: 53.01

During the past 13 years, 2G Energy AG's highest Days Sales Outstanding was 58.62. The lowest was 44.07. And the median was 56.03.

ZGBEF's Days Sales Outstanding is ranked better than
78.86% of 2957 companies
in the Industrial Products industry
Industry Median: 79.67 vs ZGBEF: 53.01

2G Energy AG's Days Sales Outstanding declined from Dec. 2022 (44.92) to Dec. 2023 (40.44).

2G Energy AG Days Sales Outstanding Historical Data

The historical data trend for 2G Energy AG'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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2G Energy AG Days Sales Outstanding Chart

2G Energy AG Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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53.80

56.20

60.81

60.31

56.98

2G Energy AG Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Sales Outstanding	Get a 7-Day Free Trial															46.23	69.77	44.92	66.81	40.44

Competitive Comparison of 2G Energy AG's Days Sales Outstanding

For the Specialty Industrial Machinery subindustry, 2G Energy AG'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.

2G Energy AG's Days Sales Outstanding Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, 2G Energy AG's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where 2G Energy AG's Days Sales Outstanding falls into.

2G Energy AG 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.

2G Energy AG'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
=	( (60.457	+	63.848)	/	2 )	/	398.108	*	365
=	62.1525					/	398.108	*	365
=	56.98

2G Energy AG'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: Jun. 2023 )	+	Accounts Receivable (A: Dec. 2023 ))	/	count )	/	Revenue (A: Dec. 2023 )	*	Days in Period
=	( (47.064	+	63.848)	/	2 )	/	250.296	*	365 / 2
=	55.456					/	250.296	*	365 / 2
=	40.44

2G Energy AG (GREY:ZGBEF) Days Sales Outstanding Explanation

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

2G Energy AG Days Sales Outstanding Related Terms

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2G Energy AG (2G Energy AG) Business Description

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2GB:Germany

Address

Benzstrasse 3, Heek, NW, DEU, 48619

Website

https://www.2-g.de

2G Energy AG is a Germany based company manufacturer and provider of decentralized energy supply systems. The group through development, production, and technical installation, as well as digital grid integration, combined heat and power systems (CHP), offers comprehensive solutions for combined heat and power generation. The product range of the company includes CHP modules for operation deploying natural gas, biogas, other lean gases, and hydrogen. The company's products have applications in sectors like Chemical and pharmaceutical industries, Horticultural, shopping centers, landfills, hotels, heating networks, swimming pools, and others. The group has business operations in Germany and internationally, of which the majority of the revenue is derived from the operations in Germany.

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