Contact Energy (ASX:CEN) Days Sales Outstanding : 30.69 (As of Jun. 2023)

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What is Contact Energy Days Sales Outstanding?

Contact Energy's average Accounts Receivable for the six months ended in Jun. 2023 was A$171 Mil. Contact Energy's Revenue for the six months ended in Jun. 2023 was A$1,017 Mil. Hence, Contact Energy's Days Sales Outstanding for the six months ended in Jun. 2023 was 30.69.

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

ASX:CEN' s Days Sales Outstanding Range Over the Past 10 Years
Min: 16.5 Med: 27.18 Max: 43.99
Current: 29.01

During the past 13 years, Contact Energy's highest Days Sales Outstanding was 43.99. The lowest was 16.50. And the median was 27.18.

ASX:CEN's Days Sales Outstanding is ranked better than
86.91% of 405 companies
in the Utilities - Independent Power Producers industry
Industry Median: 64.51 vs ASX:CEN: 29.01

Contact Energy's Days Sales Outstanding increased from Jun. 2022 (24.15) to Jun. 2023 (30.69).

Contact Energy Days Sales Outstanding Historical Data

The historical data trend for Contact Energy'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.

Contact Energy Days Sales Outstanding Chart

Contact Energy Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Days Sales Outstanding

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18.05

16.63

19.26

23.50

25.06

Contact Energy Semi-Annual Data
	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23
Days Sales Outstanding	Get a 7-Day Free Trial															20.35	28.22	24.15	31.28	30.69

Competitive Comparison of Contact Energy's Days Sales Outstanding

For the Utilities - Renewable subindustry, Contact Energy'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.

Contact Energy's Days Sales Outstanding Distribution in the Utilities - Independent Power Producers Industry

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

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

Contact Energy 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.

Contact Energy's Days Sales Outstanding for the fiscal year that ended in Jun. 2023 is calculated as

	Days Sales Outstanding (A: Jun. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Jun. 2022 )	+	Accounts Receivable (A: Jun. 2023 ))	/	count )	/	Revenue (A: Jun. 2023 )	*	Days in Period
=	( (120.241	+	143.515)	/	2 )	/	1920.546	*	365
=	131.878					/	1920.546	*	365
=	25.06

Contact Energy's Days Sales Outstanding for the quarter that ended in Jun. 2023 is calculated as:

	Days Sales Outstanding (Q: Jun. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Dec. 2022 )	+	Accounts Receivable (A: Jun. 2023 ))	/	count )	/	Revenue (A: Jun. 2023 )	*	Days in Period
=	( (198.667	+	143.515)	/	2 )	/	1017.405	*	365 / 2
=	171.091					/	1017.405	*	365 / 2
=	30.69

Contact Energy (ASX:CEN) Days Sales Outstanding Explanation

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

Contact Energy Days Sales Outstanding Related Terms

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Contact Energy (ASX:CEN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » Contact Energy Ltd (ASX:CEN) » Definitions » Days Sales Outstanding

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Traded in Other Exchanges

CEN:New Zealand BZB:Germany

Address

29 Brandon Street, Harbour City Tower, Wellington, NTL, NZL, 6011

Website

https://www.contact.co.nz

Contact Energy is a diversified and integrated energy company. It owns a fleet of hydro, geothermal, and gas-fired generation assets, which produce close to 25% of New Zealand's electricity. It also retails electricity and gas to nearly half a million customers.