Drax Group (FRA:D9F2) Days Sales Outstanding : 29.24 (As of Dec. 2023)

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What is Drax Group Days Sales Outstanding?

Drax Group's average Accounts Receivable for the six months ended in Dec. 2023 was €750 Mil. Drax Group's Revenue for the six months ended in Dec. 2023 was €4,684 Mil. Hence, Drax Group's Days Sales Outstanding for the six months ended in Dec. 2023 was 29.24.

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

FRA:D9F2' s Days Sales Outstanding Range Over the Past 10 Years
Min: 11.54 Med: 16.99 Max: 28.69
Current: 23.45

During the past 13 years, Drax Group's highest Days Sales Outstanding was 28.69. The lowest was 11.54. And the median was 16.99.

FRA:D9F2's Days Sales Outstanding is ranked better than
92.38% of 407 companies
in the Utilities - Independent Power Producers industry
Industry Median: 65.74 vs FRA:D9F2: 23.45

Drax Group's Days Sales Outstanding increased from Dec. 2022 (20.75) to Dec. 2023 (29.24).

Drax Group Days Sales Outstanding Historical Data

The historical data trend for Drax Group'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.

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Drax Group Days Sales Outstanding Chart

Drax Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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11.96

12.96

28.34

21.91

13.70

Drax Group Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Sales Outstanding	Get a 7-Day Free Trial															32.24	33.91	20.75	27.35	29.24

Competitive Comparison of Drax Group's Days Sales Outstanding

For the Utilities - Renewable subindustry, Drax Group'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.

Drax Group's Days Sales Outstanding Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Drax Group's Days Sales Outstanding distribution charts can be found below:

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

Drax Group 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.

Drax Group'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
=	( (318.039	+	390.015)	/	2 )	/	9431.519	*	365
=	354.027					/	9431.519	*	365
=	13.70

Drax Group'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: Jun. 2023 )	+	Accounts Receivable (A: Dec. 2023 ))	/	count )	/	Revenue (A: Dec. 2023 )	*	Days in Period
=	( (1110.98	+	390.015)	/	2 )	/	4683.548	*	365 / 2
=	750.4975					/	4683.548	*	365 / 2
=	29.24

Drax Group (FRA:D9F2) Days Sales Outstanding Explanation

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

Drax Group Days Sales Outstanding Related Terms

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Drax Group (FRA:D9F2) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » Drax Group PLC (FRA:D9F2) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

DRXGY:USA DRXGF:USA DRXl:UK DRX:UK

Address

Drax Power Station, Selby, North Yorkshire, GBR, YO8 8PH

Website

http://www.drax.com

Drax Group PLC is a UK-based renewable energy company engaged in renewable power generation, the production of sustainable biomass and the sale of renewable electricity to businesses. It operates a generation portfolio of sustainable biomass, hydro-electric and pumped hydro storage assets across four sites in England and Scotland. The company also operates a global bioenergy supply business with manufacturing facilities at around 13 sites in the United States and Canada, producing compressed wood pellets for its own use and for customers in Europe and Asia.

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