Tidewater Renewables (FRA:7GZ) Days Sales Outstanding : 25.25 (As of Dec. 2023)

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What is Tidewater Renewables Days Sales Outstanding?

Tidewater Renewables's average Accounts Receivable for the three months ended in Dec. 2023 was €7.64 Mil. Tidewater Renewables's Revenue for the three months ended in Dec. 2023 was €27.60 Mil. Hence, Tidewater Renewables's Days Sales Outstanding for the three months ended in Dec. 2023 was 25.25.

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

FRA:7GZ' s Days Sales Outstanding Range Over the Past 10 Years
Min: 20.4 Med: 26.37 Max: 30.58
Current: 28.81

During the past 6 years, Tidewater Renewables's highest Days Sales Outstanding was 30.58. The lowest was 20.40. And the median was 26.37.

FRA:7GZ's Days Sales Outstanding is ranked better than
87.41% of 405 companies
in the Utilities - Independent Power Producers industry
Industry Median: 65.48 vs FRA:7GZ: 28.81

Tidewater Renewables's Days Sales Outstanding declined from Dec. 2022 (33.02) to Dec. 2023 (25.25).

Tidewater Renewables Days Sales Outstanding Historical Data

The historical data trend for Tidewater Renewables'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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Tidewater Renewables Days Sales Outstanding Chart

Tidewater Renewables Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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26.48

31.47

26.13

20.52

Tidewater Renewables Quarterly Data
	Dec18	Dec19	Mar20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Sales Outstanding	Get a 7-Day Free Trial											33.02	22.44	42.99	41.11	25.25

Competitive Comparison of Tidewater Renewables's Days Sales Outstanding

For the Utilities - Renewable subindustry, Tidewater Renewables'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.

Tidewater Renewables's Days Sales Outstanding Distribution in the Utilities - Independent Power Producers Industry

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

* The bar in red indicates where Tidewater Renewables's Days Sales Outstanding falls into.

Tidewater Renewables 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.

Tidewater Renewables'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
=	( (2.714	+	4.792)	/	2 )	/	66.765	*	365
=	3.753					/	66.765	*	365
=	20.52

Tidewater Renewables'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
=	( (10.478	+	4.792)	/	2 )	/	27.597	*	365 / 4
=	7.635					/	27.597	*	365 / 4
=	25.25

Tidewater Renewables (FRA:7GZ) Days Sales Outstanding Explanation

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

Tidewater Renewables Days Sales Outstanding Related Terms

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Tidewater Renewables (FRA:7GZ) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » Tidewater Renewables Ltd (FRA:7GZ) » Definitions » Days Sales Outstanding

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TDWRF:USA LCFS:Canada

Address

222 - 3rd Avenue SW, Suite 900, Calgary, AB, CAN, T2P 0B4

Website

https://www.tidewatermidstream.com

Tidewater Renewables Ltd has been formed to become a multi-faceted, energy transition company. It is focused on the production of low-carbon fuels, including renewable diesel, renewable hydrogen, and renewable natural gas, as well as carbon capture. The corporation generates revenue from the sale of renewable products. The renewable energy operating segment includes the following revenue categories: renewable fuels and renewable natural gas.

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