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SSE (SSEZF) Days Sales Outstanding : 70.86 (As of Sep. 2023)


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What is SSE Days Sales Outstanding?

SSE's average Accounts Receivable for the six months ended in Sep. 2023 was $2,302 Mil. SSE's Revenue for the six months ended in Sep. 2023 was $5,929 Mil. Hence, SSE's Days Sales Outstanding for the six months ended in Sep. 2023 was 70.86.

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

SSEZF' s Days Sales Outstanding Range Over the Past 10 Years
Min: 28.69   Med: 37.48   Max: 84.07
Current: 69.98

During the past 13 years, SSE's highest Days Sales Outstanding was 84.07. The lowest was 28.69. And the median was 37.48.

SSEZF's Days Sales Outstanding is ranked worse than
67.19% of 506 companies
in the Utilities - Regulated industry
Industry Median: 53.31 vs SSEZF: 69.98

SSE's Days Sales Outstanding declined from Sep. 2022 (74.93) to Sep. 2023 (70.86).


SSE Days Sales Outstanding Historical Data

The historical data trend for SSE'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.

SSE Days Sales Outstanding Chart

SSE Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Days Sales Outstanding
Get a 7-Day Free Trial Premium Member Only Premium Member Only 87.67 51.94 44.05 48.47 43.26

SSE Semi-Annual Data
Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
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 63.60 55.47 74.93 55.34 70.86

Competitive Comparison of SSE's Days Sales Outstanding

For the Utilities - Diversified subindustry, SSE'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.


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

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

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



SSE 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.

SSE's Days Sales Outstanding for the fiscal year that ended in Mar. 2023 is calculated as

Days Sales Outstanding (A: Mar. 2023 )
=Average Accounts Receivable /Revenue*Days in Period
=( (Accounts Receivable (A: Mar. 2022 ) + Accounts Receivable (A: Mar. 2023 )) / count ) / Revenue (A: Mar. 2023 )*Days in Period
=( (1889.196 + 1703.883) / 2 ) / 15158.617*365
=1796.5395 / 15158.617*365
=43.26

SSE's Days Sales Outstanding for the quarter that ended in Sep. 2023 is calculated as:

Days Sales Outstanding (Q: Sep. 2023 )
=Average Accounts Receivable /Revenue*Days in Period
=( (Accounts Receivable (A: Mar. 2023 ) + Accounts Receivable (A: Sep. 2023 )) / count ) / Revenue (A: Sep. 2023 )*Days in Period
=( (1703.883 + 2900.371) / 2 ) / 5928.837*365 / 2
=2302.127 / 5928.837*365 / 2
=70.86

* 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.


SSE  (OTCPK:SSEZF) Days Sales Outstanding Explanation

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


SSE Days Sales Outstanding Related Terms

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SSE (SSEZF) Business Description

Traded in Other Exchanges
Address
200 Dunkeld Road, Inveralmond House, Perth, Perthshire, GBR, PH1 3AQ
SSE is an energy holding company based in the United Kingdom. The bulk of SSE's profit comes from the company's 10.8 GW of power generation and its electricity transmission and distribution networks . The firm is also involved in smaller related businesses such as gas storage and energy services.

SSE (SSEZF) Headlines

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