Rede Energia Participacoes (BSP:REDE3) Days Sales Outstanding : 78.71 (As of Dec. 2023)

View and export this data going back to 2006. Start your Free Trial

What is Rede Energia Participacoes Days Sales Outstanding?

Rede Energia Participacoes's average Accounts Receivable for the three months ended in Dec. 2023 was R$2,932 Mil. Rede Energia Participacoes's Revenue for the three months ended in Dec. 2023 was R$3,399 Mil. Hence, Rede Energia Participacoes's Days Sales Outstanding for the three months ended in Dec. 2023 was 78.71.

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

BSP:REDE3' s Days Sales Outstanding Range Over the Past 10 Years
Min: 59.75 Med: 66.29 Max: 72.63
Current: 66.01

During the past 13 years, Rede Energia Participacoes's highest Days Sales Outstanding was 72.63. The lowest was 59.75. And the median was 66.29.

BSP:REDE3's Days Sales Outstanding is ranked worse than
63.83% of 506 companies
in the Utilities - Regulated industry
Industry Median: 53 vs BSP:REDE3: 66.01

Rede Energia Participacoes's Days Sales Outstanding declined from Dec. 2022 (88.99) to Dec. 2023 (78.71).

Rede Energia Participacoes Days Sales Outstanding Historical Data

The historical data trend for Rede Energia Participacoes'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.

Rede Energia Participacoes Days Sales Outstanding Chart

Rede Energia Participacoes Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

Get a 7-Day Free Trial

70.86

72.63

62.63

65.97

66.38

Rede Energia Participacoes Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Sales Outstanding	Get a 7-Day Free Trial															88.99	62.07	63.75	59.56	78.71

Competitive Comparison of Rede Energia Participacoes's Days Sales Outstanding

For the Utilities - Regulated Electric subindustry, Rede Energia Participacoes'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.

Rede Energia Participacoes's Days Sales Outstanding Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Rede Energia Participacoes's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Rede Energia Participacoes's Days Sales Outstanding falls into.

Rede Energia Participacoes 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.

Rede Energia Participacoes'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
=	( (2475.833	+	3000.883)	/	2 )	/	15057.036	*	365
=	2738.358					/	15057.036	*	365
=	66.38

Rede Energia Participacoes'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: Sep. 2023 )	+	Accounts Receivable (A: Dec. 2023 ))	/	count )	/	Revenue (A: Dec. 2023 )	*	Days in Period
=	( (2862.515	+	3000.883)	/	2 )	/	3398.857	*	365 / 4
=	2931.699					/	3398.857	*	365 / 4
=	78.71

Rede Energia Participacoes (BSP:REDE3) Days Sales Outstanding Explanation

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

Rede Energia Participacoes Days Sales Outstanding Related Terms

Thank you for viewing the detailed overview of Rede Energia Participacoes's Days Sales Outstanding provided by GuruFocus.com. Please click on the following links to see related term pages.

Rede Energia Participacoes (BSP:REDE3) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Rede Energia Participacoes SA (BSP:REDE3) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

Praca Rui Barbosa, 80, Cataguases, MG, BRA, 36770-901

Website

https://www.energisa.com.br

Rede Energia SA along with its subsidiaries generates, distributes and markets electrical energy as well as provides services related to electricity sector. It provides its services to residential, commercial, industrial, rural and public customers.

Rede Energia Participacoes (BSP:REDE3) Headlines

No Headlines