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Empresa Distribuidora y Comercializadora Norte (BUE:EDN) Days Sales Outstanding

: 19.33 (As of Sep. 2023)
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Empresa Distribuidora y Comercializadora Norte's average Accounts Receivable for the three months ended in Sep. 2023 was ARS29,302 Mil. Empresa Distribuidora y Comercializadora Norte's Revenue for the three months ended in Sep. 2023 was ARS138,357 Mil. Hence, Empresa Distribuidora y Comercializadora Norte's Days Sales Outstanding for the three months ended in Sep. 2023 was 19.33.

The historical rank and industry rank for Empresa Distribuidora y Comercializadora Norte's Days Sales Outstanding or its related term are showing as below:

BUE:EDN' s Days Sales Outstanding Range Over the Past 10 Years
Min: 14.73   Med: 24.54   Max: 73.75
Current: 41.63

During the past 13 years, Empresa Distribuidora y Comercializadora Norte's highest Days Sales Outstanding was 73.75. The lowest was 14.73. And the median was 24.54.

BUE:EDN's Days Sales Outstanding is ranked better than
64.62% of 506 companies
in the Utilities - Regulated industry
Industry Median: 52.395 vs BUE:EDN: 41.63

Empresa Distribuidora y Comercializadora Norte's Days Sales Outstanding increased from Sep. 2022 (10.01) to Sep. 2023 (19.33).

Empresa Distribuidora y Comercializadora Norte Days Sales Outstanding Historical Data

The historical data trend for Empresa Distribuidora y Comercializadora Norte'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.

Empresa Distribuidora y Comercializadora Norte Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Days Sales Outstanding
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 15.93 14.97 14.73 25.93 27.92

Empresa Distribuidora y Comercializadora Norte Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
Days Sales Outstanding Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 10.01 - 20.61 21.10 19.33
Competitive Comparison

For the Utilities - Regulated Electric subindustry, Empresa Distribuidora y Comercializadora Norte'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.

Empresa Distribuidora y Comercializadora Norte Days Sales Outstanding Distribution

For the Utilities - Regulated industry and Utilities sector, Empresa Distribuidora y Comercializadora Norte's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Empresa Distribuidora y Comercializadora Norte's Days Sales Outstanding falls into.


Empresa Distribuidora y Comercializadora Norte 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.

Empresa Distribuidora y Comercializadora Norte's Days Sales Outstanding for the fiscal year that ended in Dec. 2022 is calculated as

Days Sales Outstanding (A: Dec. 2022 )
=Average Accounts Receivable /Revenue*Days in Period
=( (Accounts Receivable (A: Dec. 2021 ) + Accounts Receivable (A: Dec. 2022 )) / count ) / Revenue (A: Dec. 2022 )*Days in Period
=( (18835 + 12658) / 2 ) / 205835*365
=15746.5 / 205835*365
=27.92

Empresa Distribuidora y Comercializadora Norte's Days Sales Outstanding for the quarter that ended in Sep. 2023 is calculated as:

Days Sales Outstanding (Q: Sep. 2023 )
=Average Accounts Receivable /Revenue*Days in Period
=( (Accounts Receivable (A: Jun. 2023 ) + Accounts Receivable (A: Sep. 2023 )) / count ) / Revenue (A: Sep. 2023 )*Days in Period
=( (23645 + 34959) / 2 ) / 138357*365 / 4
=29302 / 138357*365 / 4
=19.33

* 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.

Empresa Distribuidora y Comercializadora Norte  (BUE:EDN) Days Sales Outstanding Explanation

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

Empresa Distribuidora y Comercializadora Norte Days Sales Outstanding Related Terms

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Empresa Distribuidora y Comercializadora Norte (BUE:EDN) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Empresa Distribuidora y Comercializadora Norte SA (BUE:EDN) » Definitions » Days Sales Outstanding
Comparable Companies
BUE:TRAN BUE:CECO2 BUE:CEPU BUE:EDSH NEE SO DUK LSE:NG. AEP PCG D BOM:532555 EXC PEG ED BOM:532898 XEL EIX WEC SHSE:601985
Traded in Other Exchanges
EDN:USA PWD1:Germany
Address
6363 Del Libertador Avenue, Buenos Aires, ARG, C1428ARG
Website
https://www.edenor.com
Empresa Distribuidora y Comercializadora Norte SA is an Investment company and provider of services related to the distribution of electricity, renewable energies, and the development of sustainable technology. The firm's concession area covers the northern portion of the city of Buenos Aires mainly to residential, commercial, industrial, and public service.