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Energy Company of Minas Gerais's days sales outstanding declined from Sep. 2013 (45.19) to Dec. 2014 (0.00).
Days sales outstanding measures of 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 receivables are being managed.
Account receivable can be measured by Days Sales Outstanding.
Energy Company of Minas Gerais's Days Sales Outstanding for the fiscal year that ended in Dec. 2014 is calculated as
|Days Sales Outstanding||=||Account Receivable||/||Revenue||*||Days in Period|
Energy Company of Minas Gerais's Days Sales Outstanding for the quarter that ended in Dec. 2014 is calculated as:
For retailers, when we compare Days Sales Outstanding, it is important to compare the same period in the previous years.
Energy Company of Minas Gerais Annual Data
Energy Company of Minas Gerais Quarterly Data