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Manila Electric Co (Manila Electric Co) Days Sales Outstanding : 37.93 (As of Dec. 2023)


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What is Manila Electric Co Days Sales Outstanding?

Manila Electric Co's average Accounts Receivable for the three months ended in Dec. 2023 was $779 Mil. Manila Electric Co's Revenue for the three months ended in Dec. 2023 was $1,874 Mil. Hence, Manila Electric Co's Days Sales Outstanding for the three months ended in Dec. 2023 was 37.93.

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

MERVF' s Days Sales Outstanding Range Over the Past 10 Years
Min: 30.86   Med: 39.78   Max: 53.95
Current: 38.38

During the past 13 years, Manila Electric Co's highest Days Sales Outstanding was 53.95. The lowest was 30.86. And the median was 39.78.

MERVF's Days Sales Outstanding is ranked better than
69.64% of 504 companies
in the Utilities - Regulated industry
Industry Median: 53.49 vs MERVF: 38.38

Manila Electric Co's Days Sales Outstanding declined from Dec. 2022 (41.08) to Dec. 2023 (37.93).


Manila Electric Co Days Sales Outstanding Historical Data

The historical data trend for Manila Electric Co'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.

Manila Electric Co Days Sales Outstanding Chart

Manila Electric Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Sales Outstanding
Get a 7-Day Free Trial Premium Member Only Premium Member Only 32.25 53.95 51.96 38.81 40.87

Manila Electric Co 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 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 41.08 40.37 34.70 38.38 37.93

Competitive Comparison of Manila Electric Co's Days Sales Outstanding

For the Utilities - Regulated Electric subindustry, Manila Electric Co'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.


Manila Electric Co's Days Sales Outstanding Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Manila Electric Co's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Manila Electric Co's Days Sales Outstanding falls into.



Manila Electric Co 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.

Manila Electric Co'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
=( (907.381 + 810.421) / 2 ) / 7671.233*365
=858.901 / 7671.233*365
=40.87

Manila Electric Co'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
=( (747.614 + 810.421) / 2 ) / 1874.196*365 / 4
=779.0175 / 1874.196*365 / 4
=37.93

* 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.


Manila Electric Co  (OTCPK:MERVF) Days Sales Outstanding Explanation

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


Manila Electric Co Days Sales Outstanding Related Terms

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Manila Electric Co (Manila Electric Co) Business Description

Traded in Other Exchanges
Address
Ortigas Avenue, Barangay Ugong, Lopez Building, Pasig, PHL, 1605
Manila Electric Co, or Meralco, is an electric utility company serving the Philippines. Meralco generates, transmits, and distributes electricity through its portfolio of thermal power plants. The vast majority of the energy produced by the company comes from its natural gas and goal facilities. Meralco generates almost all of its revenue through the sale of electricity. While nearly all of the company's customers are residential entities, total energy sales are split fairly evenly between commercial, industrial, and residential customers. Meralco is the largest electric distribution company in the Philippines and serves dozens of cities and municipalities, including Metropolitan Manila.

Manila Electric Co (Manila Electric Co) Headlines

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