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WEC Energy Group Inc (NYSE:WEC)
Days Sales Outstanding
46.44 (As of Sep. 2016)

WEC Energy Group Inc's account receivable for the three months ended in Sep. 2016 was $872 Mil. WEC Energy Group Inc's revenue for the three months ended in Sep. 2016 was $1,713 Mil. Hence, WEC Energy Group Inc's days sales outstanding for the three months ended in Sep. 2016 was 46.44.

WEC' s Days Sales Outstanding Range Over the Past 10 Years
Min: 24.52   Max: 63.35
Current: 43.23

24.52
63.35

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 30.81.

WEC's Days Sales Outstanding is ranked higher than
58% of the 447 Companies
in the Global Utilities - Regulated Electric industry.

( Industry Median: 47.52 vs. WEC: 43.23 )

WEC Energy Group Inc's days sales outstanding increased from Sep. 2015 (45.38) to Sep. 2016 (46.44).


Definition

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

Days Sales Outstanding=Account Receivable/Revenue*Days in Period
=1028.6/5926.1*365
=63.35

WEC Energy Group Inc's Days Sales Outstanding for the quarter that ended in Sep. 2016 is calculated as:

Days Sales Outstanding=Account Receivable/Revenue*Days in Period
=871.5/1712.5*365 / 4
=46.44

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.


Explanation

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


Related Terms

Account Receivable, Revenue


Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

WEC Energy Group Inc Annual Data

Dec06Dec07Dec08Dec09Dec10Dec11Dec12Dec13Dec14Dec15
DaysSalesOutstanding 34.6431.1630.4626.5929.9328.4324.5232.7947.0063.35

WEC Energy Group Inc Quarterly Data

Jun14Sep14Dec14Mar15Jun15Sep15Dec15Mar16Jun16Sep16
DaysSalesOutstanding 35.4029.9447.9228.7561.4545.3850.7845.2452.1146.44
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