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Covanta Holding (Covanta Holding) Days Sales Outstanding : 42.41 (As of Sep. 2021)


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What is Covanta Holding Days Sales Outstanding?

Covanta Holding's average Accounts Receivable for the three months ended in Sep. 2021 was $251 Mil. Covanta Holding's Revenue for the three months ended in Sep. 2021 was $539 Mil. Hence, Covanta Holding's Days Sales Outstanding for the three months ended in Sep. 2021 was 42.41.

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

CVA's Days Sales Outstanding is not ranked *
in the Waste Management industry.
Industry Median: 72.87
* Ranked among companies with meaningful Days Sales Outstanding only.

Covanta Holding's Days Sales Outstanding declined from Sep. 2020 (44.42) to Sep. 2021 (42.41).


Covanta Holding Days Sales Outstanding Historical Data

The historical data trend for Covanta Holding'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.

Covanta Holding Days Sales Outstanding Chart

Covanta Holding Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
Days Sales Outstanding
Get a 7-Day Free Trial Premium Member Only Premium Member Only 69.18 70.10 66.34 56.41 47.93

Covanta Holding Quarterly Data
Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21
Days Sales Outstanding Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 44.42 47.11 45.17 42.83 42.41

Competitive Comparison of Covanta Holding's Days Sales Outstanding

For the Waste Management subindustry, Covanta Holding'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.


Covanta Holding's Days Sales Outstanding Distribution in the Waste Management Industry

For the Waste Management industry and Industrials sector, Covanta Holding's Days Sales Outstanding distribution charts can be found below:

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



Covanta Holding 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.

Covanta Holding's Days Sales Outstanding for the fiscal year that ended in Dec. 2020 is calculated as

Days Sales Outstanding (A: Dec. 2020 )
=Average Accounts Receivable /Revenue*Days in Period
=( (Accounts Receivable (A: Dec. 2019 ) + Accounts Receivable (A: Dec. 2020 )) / count ) / Revenue (A: Dec. 2020 )*Days in Period
=( (240 + 260) / 2 ) / 1904*365
=250 / 1904*365
=47.93

Covanta Holding's Days Sales Outstanding for the quarter that ended in Sep. 2021 is calculated as:

Days Sales Outstanding (Q: Sep. 2021 )
=Average Accounts Receivable /Revenue*Days in Period
=( (Accounts Receivable (A: Jun. 2021 ) + Accounts Receivable (A: Sep. 2021 )) / count ) / Revenue (A: Sep. 2021 )*Days in Period
=( (242 + 259) / 2 ) / 539*365 / 4
=250.5 / 539*365 / 4
=42.41

* 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.


Covanta Holding  (NYSE:CVA) Days Sales Outstanding Explanation

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


Covanta Holding Days Sales Outstanding Related Terms

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Covanta Holding (Covanta Holding) Business Description

Traded in Other Exchanges
N/A
Address
445 South Street, Morristown, NJ, USA, 07960
Covanta Holding Corp is a holding company engaged in the businesses of waste and energy services. It is engaged in the conversion of waste to energy, as well as other waste disposal and renewable energy production businesses. The firm generates its income in the form of waste and service revenue, energy revenue, recycled metals revenue, and other operating income. Geographically, the company operates in the United States.
Executives
Paul E. Stauder officer: President, Covanta Envir. Sol. 445 SOUTH STREET MORRISTOWN NJ 07960
Thomas L Kenyon officer: Exec. VP, Gen'l Counsel & Sec. 445 SOUTH STREET MORRISTOWN NJ 07960
Ronald J Broglio director 1417 HIGH ROAD VANDIVER AL 35176
Schantz Joseph J Ii officer: Chief Accounting Officer 445 SOUTH STREET MORRISTOWN NJ 07960
Robert S Silberman director C/O STRAYER EDUCATION INC, 2303 DULLES STATION BOULEVARD, HERNDON VA 20171
Linda J. Fisher director WILMINGTION OFFICE BUILDINGS 1007 MARKET STREET, D-6074 WILMINGTON DE 19898
De Castro Michael Joseph officer: EVP Supply Chain 445 SOUTH STREET MORRISTOWN NJ 07960
Timothy Simpson officer: Exec. VP, Gen'l Counsel & Sec. 40 LANE ROAD FAIRFIELD NJ 07004
Matthew Mulcahy officer: SVP & Head of Corp Development 445 SOUTH STREET MORRISTOWN NJ 07960
Owen Michaelson director 3 BRADFIELD WAY WAVERLEY ROTHERHAM X0 S60 5WE
Virginia D. Angilello officer: SVP & CHRO 445 SOUTH STREET COVANTA MORRISTOWN NJ 07960
Stephen J Jones officer: President and CEO 7201 HAMILTON BOULEVARD, ALLENTOWN PA 18195-1501
Danielle Pletka director 1789 MASSACHUSETTS AVENUE, NW WASHINGTON, DC DC 20036
Michael W Ranger director C/O TXU CORP, 1601 BRYAN ST, DALLAS TX 75201
Manpreet Grewal officer: VP & Chief Accounting Officer 600 GRANT STREET, PITTSBURGH PA 15219

Covanta Holding (Covanta Holding) Headlines

From GuruFocus

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