Fortum Oyj (FRA:FOT) Days Sales Outstanding : 47.91 (As of Dec. 2023)

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What is Fortum Oyj Days Sales Outstanding?

Fortum Oyj's average Accounts Receivable for the three months ended in Dec. 2023 was €976 Mil. Fortum Oyj's Revenue for the three months ended in Dec. 2023 was €1,858 Mil. Hence, Fortum Oyj's Days Sales Outstanding for the three months ended in Dec. 2023 was 47.91.

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

FRA:FOT' s Days Sales Outstanding Range Over the Past 10 Years
Min: 35.9 Med: 53.2 Max: 620.14
Current: 60.98

During the past 13 years, Fortum Oyj's highest Days Sales Outstanding was 620.14. The lowest was 35.90. And the median was 53.20.

FRA:FOT's Days Sales Outstanding is ranked better than
52.84% of 405 companies
in the Utilities - Independent Power Producers industry
Industry Median: 65.04 vs FRA:FOT: 60.98

Fortum Oyj's Days Sales Outstanding declined from Dec. 2022 (50.12) to Dec. 2023 (47.91).

Fortum Oyj Days Sales Outstanding Historical Data

The historical data trend for Fortum Oyj'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.

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Fortum Oyj Days Sales Outstanding Chart

Fortum Oyj Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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51.50

35.90

620.14

341.36

74.65

Fortum Oyj 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	Get a 7-Day Free Trial															50.12	54.42	75.71	62.90	47.91

Competitive Comparison of Fortum Oyj's Days Sales Outstanding

For the Utilities - Renewable subindustry, Fortum Oyj'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.

Fortum Oyj's Days Sales Outstanding Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Fortum Oyj's Days Sales Outstanding distribution charts can be found below:

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

Fortum Oyj 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.

Fortum Oyj'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
=	( (1625	+	1120)	/	2 )	/	6711	*	365
=	1372.5					/	6711	*	365
=	74.65

Fortum Oyj'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
=	( (831	+	1120)	/	2 )	/	1858	*	365 / 4
=	975.5					/	1858	*	365 / 4
=	47.91

Fortum Oyj (FRA:FOT) Days Sales Outstanding Explanation

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

Fortum Oyj Days Sales Outstanding Related Terms

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Fortum Oyj (FRA:FOT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » Fortum Oyj (FRA:FOT) » Definitions » Days Sales Outstanding

Traded in Other Exchanges

FOJCY:USA FOJCF:USA FORTUM:Mexico 1FORT:Italy FORTMh:UK 0HAH:UK FORTUM:Finland FOT0:Germany

Address

Keilalahdentie 2-4, CD Building, P.O. Box 100, Espoo, FIN, FI-00048

Website

https://www.fortum.com

Fortum Oyj is a Finnish energy company that operates power plants, which use renewable energy sources (hydro, nuclear, and solar power) to sell electricity, heat, cooling, and power products and services. The company mainly operates in Nordic and Baltic countries, Russia, Poland, and India. Its main divisions of the company are generation (large-scale power production), city solutions (sustainable energy solutions), Russia (all Russian operations), technology and new ventures (research and development and in-house incubator for startups), mergers and acquisitions, and solar and wind development. The company's operating segments are Generation, City Solutions, Consumer Solutions, Russia, and Other.

Fortum Oyj (FRA:FOT) Headlines

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