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DTE Energy Co's account receivable for the three months ended in Sep. 2016 was $1,337 Mil. DTE Energy Co's revenue for the three months ended in Sep. 2016 was $2,928 Mil. Hence, DTE Energy Co's days sales outstanding for the three months ended in Sep. 2016 was 41.67.
During the past 13 years, DTE Energy Co's highest Days Sales Outstanding was 93.54. The lowest was 44.63. And the median was 64.98.
DTE Energy Co's days sales outstanding declined from Sep. 2015 (43.62) to Sep. 2016 (41.67).
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.
DTE Energy Co's Days Sales Outstanding for the fiscal year that ended in Dec. 2015 is calculated as
DTE Energy Co's Days Sales Outstanding for the quarter that ended in Sep. 2016 is calculated as:
* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.
For retailers, when we compare Days Sales Outstanding, it is important to compare the same period in the previous years.
DTE Energy Co Annual Data
DTE Energy Co Quarterly Data