Switch to:
GuruFocus has detected 7 Warning Signs with DTE Energy Co $DTE.
More than 500,000 people have already joined GuruFocus to track the stocks they follow and exchange investment ideas.
DTE Energy Co (NYSE:DTE)
Days Sales Outstanding
50.58 (As of Dec. 2016)

DTE Energy Co's account receivable for the three months ended in Dec. 2016 was $1,593 Mil. DTE Energy Co's revenue for the three months ended in Dec. 2016 was $2,874 Mil. Hence, DTE Energy Co's days sales outstanding for the three months ended in Dec. 2016 was 50.58.

DTE' s Days Sales Outstanding Range Over the Past 10 Years
Min: 44.63   Max: 93.54
Current: 54.7

44.63
93.54

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 61.88.

DTE's Days Sales Outstanding is ranked lower than
56% of the 438 Companies
in the Global Utilities - Regulated Electric industry.

( Industry Median: 49.50 vs. DTE: 54.70 )

DTE Energy Co's days sales outstanding increased from Dec. 2015 (49.46) to Dec. 2016 (50.58).


Definition

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. 2016 is calculated as

Days Sales Outstanding=Account Receivable/Revenue*Days in Period
=1593/10630*365
=54.70

DTE Energy Co's Days Sales Outstanding for the quarter that ended in Dec. 2016 is calculated as:

Days Sales Outstanding=Account Receivable/Revenue*Days in Period
=1593/2874*365 / 4
=50.58

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.


Explanation

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


Related Terms

Account Receivable, Revenue


Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

DTE Energy Co Annual Data

Dec07Dec08Dec09Dec10Dec11Dec12Dec13Dec14Dec15Dec16
DaysSalesOutstanding 93.5471.6875.3874.7757.9860.7063.0644.6347.6054.70

DTE Energy Co Quarterly Data

Sep14Dec14Mar15Jun15Sep15Dec15Mar16Jun16Sep16Dec16
DaysSalesOutstanding 48.4244.5946.9150.3343.6249.4642.1450.9141.6750.58
Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names | Earn affiliate commissions by embedding GuruFocus Charts
GuruFocus Affiliate Program: Earn up to $400 per referral. ( Learn More)
FEEDBACK