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DTE Energy Co (NYSE:DTE)
Days Sales Outstanding
42.55 (As of Mar. 2017)

DTE Energy Co's account receivable for the three months ended in Mar. 2017 was $1,509 Mil. DTE Energy Co's revenue for the three months ended in Mar. 2017 was $3,236 Mil. Hence, DTE Energy Co's days sales outstanding for the three months ended in Mar. 2017 was 42.55.

DTE' s Days Sales Outstanding Range Over the Past 10 Years
Min: 44.63   Max: 93.54
Current: 48.74

44.63
93.54

During the past 13 years, DTE Energy Co's highest Days Sales Outstanding was 93.54. The lowest was 44.63. And the median was 61.88.

DTE's Days Sales Outstanding is ranked higher than
52% of the 464 Companies
in the Global Utilities - Regulated Electric industry.

( Industry Median: 49.80 vs. DTE: 48.74 )

DTE Energy Co's days sales outstanding increased from Mar. 2016 (42.14) to Mar. 2017 (42.55).


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.

DTE Energy Co's Days Sales Outstanding for the fiscal year that ended in Dec. 2016 is calculated as

Days Sales Outstanding=Account Receivable/Revenue*Days in Period
=1593/10630*365
=54.70

DTE Energy Co's Days Sales Outstanding for the quarter that ended in Mar. 2017 is calculated as:

Days Sales Outstanding=Account Receivable/Revenue*Days in Period
=1509/3236*365 / 4
=42.55

* 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.

DTE Energy Co Annual Data

Dec07Dec08Dec09Dec10Dec11Dec12Dec13Dec14Dec15Dec16
DaysSalesOutstanding 93.5471.6875.3874.7757.9860.7063.0644.6347.6054.70

DTE Energy Co Quarterly Data

Dec14Mar15Jun15Sep15Dec15Mar16Jun16Sep16Dec16Mar17
DaysSalesOutstanding 44.5946.9150.3343.6249.4642.1450.9141.6750.5842.55
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