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National Grid PLC (NYSE:NGG)
Days Sales Outstanding
28.19 (As of Mar. 2016)

National Grid PLC's account receivable for the six months ended in Mar. 2016 was $1,818 Mil. National Grid PLC's revenue for the six months ended in Mar. 2016 was $11,768 Mil. Hence, National Grid PLC's days sales outstanding for the six months ended in Mar. 2016 was 28.19.

NGG' s Days Sales Outstanding Range Over the Past 10 Years
Min: 24.62   Max: 71.9
Current: 30.81

24.62
71.9

During the past 13 years, National Grid PLC's highest Days Sales Outstanding was 71.90. The lowest was 24.62. And the median was 35.71.

NGG's Days Sales Outstanding is ranked higher than
77% of the 470 Companies
in the Global Utilities - Diversified industry.

( Industry Median: 49.71 vs. NGG: 30.81 )

National Grid PLC's days sales outstanding declined from Mar. 2015 (32.38) to Mar. 2016 (28.19).


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.

National Grid PLC's Days Sales Outstanding for the fiscal year that ended in Mar. 2016 is calculated as

Days Sales Outstanding=Account Receivable/Revenue*Days in Period
=1817.66381766/21531.3390313*365
=30.81

National Grid PLC's Days Sales Outstanding for the quarter that ended in Mar. 2016 is calculated as:

Days Sales Outstanding=Account Receivable/Revenue*Days in Period
=1817.66381766/11767.8062678*365 / 2
=28.19

* All numbers are in millions except for per share data and ratio. All numbers are in their own 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 own currency.

National Grid PLC Annual Data

Mar07Mar08Mar09Mar10Mar11Mar12Mar13Mar14Mar15Mar16
DaysSalesOutstanding 51.3971.9062.1733.7729.6024.6233.6839.4837.6530.81

National Grid PLC Semi-Annual Data

Sep11Mar12Sep12Mar13Sep13Mar14Sep14Mar15Sep15Mar16
DaysSalesOutstanding 54.0322.6251.3729.2058.0836.1554.1432.3857.0928.19
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