FirstEnergy (FirstEnergy) Days Sales Outstanding

: 22.70 (As of Dec. 2023)

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FirstEnergy's average Accounts Receivable for the three months ended in Dec. 2023 was $783 Mil. FirstEnergy's Revenue for the three months ended in Dec. 2023 was $3,146 Mil. Hence, FirstEnergy's Days Sales Outstanding for the three months ended in Dec. 2023 was 22.70.

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

FE' s Days Sales Outstanding Range Over the Past 10 Years
Min: 19.72 Med: 27.36 Max: 42.35
Current: 20.51

During the past 13 years, FirstEnergy's highest Days Sales Outstanding was 42.35. The lowest was 19.72. And the median was 27.36.

FE's Days Sales Outstanding is ranked better than
94.66% of 506 companies
in the Utilities - Regulated industry
Industry Median: 52.73 vs FE: 20.51

FirstEnergy's Days Sales Outstanding increased from Dec. 2022 (21.17) to Dec. 2023 (22.70).

FirstEnergy Days Sales Outstanding Historical Data

The historical data trend for FirstEnergy'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.

* Premium members only.

FirstEnergy Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

30.15

42.35

41.95

27.33

19.72

FirstEnergy Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Sales Outstanding																21.17	20.14	20.90	19.27	22.70

Competitive Comparison

For the Utilities - Regulated Electric subindustry, FirstEnergy'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.

FirstEnergy Days Sales Outstanding Distribution

For the Utilities - Regulated industry and Utilities sector, FirstEnergy's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where FirstEnergy's Days Sales Outstanding falls into.

FirstEnergy 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.

FirstEnergy'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
=	( (674	+	717)	/	2 )	/	12870	*	365
=	695.5					/	12870	*	365
=	19.72

FirstEnergy'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: Sep. 2023 )	+	Accounts Receivable (A: Dec. 2023 ))	/	count )	/	Revenue (A: Dec. 2023 )	*	Days in Period
=	( (848	+	717)	/	2 )	/	3146	*	365 / 4
=	782.5					/	3146	*	365 / 4
=	22.70

FirstEnergy (NYSE:FE) Days Sales Outstanding Explanation

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

FirstEnergy Days Sales Outstanding Related Terms

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FirstEnergy (FirstEnergy) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » FirstEnergy Corp (NYSE:FE) » Definitions » Days Sales Outstanding

Comparable Companies

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Traded in Other Exchanges

FE7:Germany

Address

76 South Main Street, Akron, OH, USA, 44308

Website

https://www.firstenergycorp.com

FirstEnergy is an investor-owned holding company with 10 regulated distribution utilities across six mid-Atlantic and Midwestern states. FirstEnergy also owns and operates one of the nation's largest electric transmission systems.

Executives

Christine Walker	officer: VP, Human Resources	76 SOUTH MAIN STREET, AKRON OH 44308
Brian X Tierney	director, officer: President and CEO	76 S. MAIN ST., AKRON OH 44308
Jana T Croom	director	1205 KIMBALL BLVD., JASPER IN 47546
Sean Klimczak	director	C/O THE BLACKSTONE GROUP, 345 PARK AVE., NEW YORK NY 10154
Paul J Kaleta	director	P O BOX 30150, RENO NV 89520
Lisa Winston Hicks	director	76 S. MAIN ST, AKRON OH 44308
Melvin D. Williams	director	76 SOUTH MAIN STREET, AKRON OH 44308
Jesse Lynn	director	C/O ICAHN ENTERPRISES L.P., 16690 COLLINS AVE., PH, SUNNY ISLES FL 33160
Andrew Teno	director	C/O FIR TREE INC., 55 WEST 46TH STREET, 29TH FLOOR, NEW YORK NY 10036
Somerhalder John W Ii	director, officer: Vice Chair & Exec Director	76 SOUTH MAIN STREET, AKRON OH 44308
Hyun Park	officer: SVP & CLO	76 SOUTH MAIN STREET, AKRON OH 44308
Christopher D Pappas	director	C/O 76 SOUTH MAIN STREET, AKRON OH 44308
Leila L Vespoli	officer: Sr. Vice Pres & Gen. Counsel	C/O FIRSTENERGY CORP, 76 SOUTH MAIN STREET, AKRON OH 44308
James F Pearson	officer: Treasurer	76 SOUTH MAIN STREET, AKRON OH 44308
Leslie M Turner	director	THE HERSHEY COMPANY, 100 CRYSTAL A DRIVE, HERSHEY PA 17036