What is Consolidated Edison Days Sales Outstanding?
Consolidated Edison's average Accounts Receivable for the
three
months ended in Dec. 2023 was $2,233 Mil. Consolidated Edison's Revenue for the
three
months ended in Dec. 2023 was $3,444 Mil.
Hence, Consolidated Edison's Days Sales Outstanding for the
three
months ended in Dec. 2023 was 59.16.
The historical rank and industry rank for Consolidated Edison's Days Sales Outstanding or its related term are showing as below:
ED'
s Days Sales Outstanding Range Over the Past 10 Years
Min: 32.62 Med: 35.7 Max: 57.38
Current: 51.69
During the past 13 years, Consolidated Edison's highest Days Sales Outstanding was 57.38. The lowest was 32.62. And the median was 35.70.
ED's Days Sales Outstanding is ranked better than 51.38% of 506
companies
in the Utilities - Regulated industry
Industry Median: 53
vs ED: 51.69
Consolidated Edison's Days Sales Outstanding
increased
from Dec. 2022 (48.52) to Dec. 2023 (59.16).
Consolidated Edison Days Sales Outstanding Historical Data
The historical data trend for Consolidated Edison'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.
Competitive Comparison of Consolidated Edison's Days Sales Outstanding
For the Utilities - Regulated Electric subindustry, Consolidated Edison'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.
Consolidated Edison's Days Sales Outstanding Distribution in the Utilities - Regulated Industry
For the Utilities - Regulated industry and Utilities sector, Consolidated Edison's Days Sales Outstanding distribution charts can be found below:
* The bar in red indicates where Consolidated Edison's Days Sales Outstanding falls into.
Consolidated Edison 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.
* 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.
Consolidated Edison (NYSE:ED) Days Sales Outstanding Explanation
For retailers, when we compare Days Sales Outstanding, it is important to compare the same period in the previous years.
Consolidated Edison Days Sales Outstanding Related Terms
Thank you for viewing the detailed overview of Consolidated Edison's Days Sales Outstanding provided by GuruFocus.com. Please click on the following links to see related term pages.
Consolidated Edison (Consolidated Edison) Business Description
Con Ed is a holding company for Consolidated Edison of New York, or CECONY, and Orange & Rockland, or O&R. These utilities provide steam, natural gas, and electricity to customers in southeastern New York—including New York City—and small parts of New Jersey. The two utilities generate nearly all of Con Ed's earnings following the sale of its clean energy business to RWE in early 2023.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
ED has been successfully added to your 