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NiSource (NiSource) Days Sales Outstanding : 45.93 (As of Dec. 2023)


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What is NiSource Days Sales Outstanding?

NiSource's average Accounts Receivable for the three months ended in Dec. 2023 was $716 Mil. NiSource's Revenue for the three months ended in Dec. 2023 was $1,422 Mil. Hence, NiSource's Days Sales Outstanding for the three months ended in Dec. 2023 was 45.93.

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

NI' s Days Sales Outstanding Range Over the Past 10 Years
Min: 53.04   Med: 63.68   Max: 69.85
Current: 53.04

During the past 13 years, NiSource's highest Days Sales Outstanding was 69.85. The lowest was 53.04. And the median was 63.68.

NI's Days Sales Outstanding is ranked worse than
50.2% of 506 companies
in the Utilities - Regulated industry
Industry Median: 53 vs NI: 53.04

NiSource's Days Sales Outstanding increased from Dec. 2022 (43.59) to Dec. 2023 (45.93).


NiSource Days Sales Outstanding Historical Data

The historical data trend for NiSource'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.

NiSource Days Sales Outstanding Chart

NiSource Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Sales Outstanding
Get a 7-Day Free Trial Premium Member Only Premium Member Only 67.11 64.25 60.23 58.25 63.11

NiSource 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 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 43.59 45.59 63.89 52.10 45.93

Competitive Comparison of NiSource's Days Sales Outstanding

For the Utilities - Regulated Gas subindustry, NiSource'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.


NiSource's Days Sales Outstanding Distribution in the Utilities - Regulated Industry

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

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



NiSource 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.

NiSource'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
=( (1041.9 + 862) / 2 ) / 5505.4*365
=951.95 / 5505.4*365
=63.11

NiSource'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
=( (569.6 + 862) / 2 ) / 1422*365 / 4
=715.8 / 1422*365 / 4
=45.93

* 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.


NiSource  (NYSE:NI) Days Sales Outstanding Explanation

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


NiSource Days Sales Outstanding Related Terms

Thank you for viewing the detailed overview of NiSource's Days Sales Outstanding provided by GuruFocus.com. Please click on the following links to see related term pages.


NiSource (NiSource) Business Description

Traded in Other Exchanges
Address
801 East 86th Avenue, Merrillville, IN, USA, 46410
NiSource is one of the nation's largest natural gas distribution companies with approximately 3.2 million customers in Indiana, Kentucky, Maryland, Ohio, Pennsylvania, and Virginia. NiSource's electric utility transmits and distributes electricity in northern Indiana to about 500,000 customers. The regulated electric utility also owns more than 3,000 megawatts of generation capacity, including coal, natural gas, and renewable energy.
Executives
Michael E Jesanis director C/O NISOURCE INC., 801 E. 86TH AVENUE, MERRILLVILLE IN 46410
Lloyd M Yates director 1N 2ND ST, HARTSVILLE SC 29550
Melody Birmingham officer: EVP & Chief Innovation Officer 550 S. TRYON STREET, CHARLOTTE NC 28202
Donald Eugene Brown officer: Executive Vice President 801 E. 86TH AVENUE, MERRILLVILLE IN 46410
William Jr. Jefferson officer: EVP Operations & CSO 801 E. 86TH AVENUE, MERRILLVILLE IN 46410
Kimberly S Cuccia officer: VP, Interim GC & Corp Sec 801 E. 86TH AVENUE, MERRILLVILLE IN 46410
Michael Luhrs officer: EVP, Strategy & Risk & CCO P.O. BOX 14720, MADISON WI 53708-0720
Melanie B. Berman officer: SVP & CHRO 801 E. 86TH AVENUE, MERRILLVILLE IN 46410
William D Johnson director 77 BEALE ST, PO BOX 770000, SAN FRANCISCO CA 94177
Cassandra S. Lee director 7615 ZIONSVILLE RD, INDIANAPOLIS IN 46268
Sondra L Barbour director 6801 ROCKLEDGE DRIVE, BETHESDA MD 20817
Eric L Butler director 1400 DOUGLAS STREET, STOP 1210, OMAHA NE 68179
Daniel A Creekmur officer: SVP & President, Gas Utilities 801 E. 86TH AVENUE, MERRILLVILLE IN 46410
Michael Hooper officer: SVP and President, NIPSCO 801 E. 86TH AVENUE, MERRILLVILLE IN 46410
Pablo Vegas officer: EVP & President Columbia Gas 801 E. 86TH AVENUE, MERRILLVILLE IN 46410

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