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WEC Energy Group Inc's account receivable for the three months ended in Sep. 2015 was $845 Mil. WEC Energy Group Inc's revenue for the three months ended in Sep. 2015 was $1,699 Mil. Hence, WEC Energy Group Inc's days sales outstanding for the three months ended in Sep. 2015 was 45.38.
WEC Energy Group Inc's days sales outstanding increased from Sep. 2014 (29.94) to Sep. 2015 (45.38).
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.
WEC Energy Group Inc's Days Sales Outstanding for the fiscal year that ended in Dec. 2014 is calculated as
WEC Energy Group Inc's Days Sales Outstanding for the quarter that ended in Sep. 2015 is calculated as:
For retailers, when we compare Days Sales Outstanding, it is important to compare the same period in the previous years.
WEC Energy Group Inc Annual Data
WEC Energy Group Inc Quarterly Data