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WEC Energy Group Inc's account receivable for the three months ended in Mar. 2016 was $1,088 Mil. WEC Energy Group Inc's revenue for the three months ended in Mar. 2016 was $2,195 Mil. Hence, WEC Energy Group Inc's days sales outstanding for the three months ended in Mar. 2016 was 45.24.
During the past 13 years, WEC Energy Group Inc's highest Days Sales Outstanding was 63.35. The lowest was 24.52. And the median was 30.80.
WEC Energy Group Inc's days sales outstanding increased from Mar. 2015 (28.75) to Mar. 2016 (45.24).
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. 2015 is calculated as
WEC Energy Group Inc's Days Sales Outstanding for the quarter that ended in Mar. 2016 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