Switch to:
GuruFocus has detected 6 Warning Signs with National Grid PLC $NGG.
More than 500,000 people have already joined GuruFocus to track the stocks they follow and exchange investment ideas.
National Grid PLC (NYSE:NGG)
Days Sales Outstanding
72.21 (As of Mar. 2017)

National Grid PLC's account receivable for the six months ended in Mar. 2017 was $3,826 Mil. National Grid PLC's revenue for the six months ended in Mar. 2017 was $9,669 Mil. Hence, National Grid PLC's days sales outstanding for the six months ended in Mar. 2017 was 72.21.

NGG' s Days Sales Outstanding Range Over the Past 10 Years
Min: 24.62   Max: 75.23
Current: 75.23

24.62
75.23

During the past 13 years, National Grid PLC's highest Days Sales Outstanding was 75.23. The lowest was 24.62. And the median was 35.71.

NGG's Days Sales Outstanding is ranked lower than
56% of the 438 Companies
in the Global Utilities - Diversified industry.

( Industry Median: 49.50 vs. NGG: 75.23 )

National Grid PLC's days sales outstanding increased from Mar. 2016 (28.19) to Mar. 2017 (72.21).


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.

National Grid PLC's Days Sales Outstanding for the fiscal year that ended in Mar. 2017 is calculated as

Days Sales Outstanding=Account Receivable/Revenue*Days in Period
=3825.92592593/18561.7283951*365
=75.23

National Grid PLC's Days Sales Outstanding for the quarter that ended in Mar. 2017 is calculated as:

Days Sales Outstanding=Account Receivable/Revenue*Days in Period
=3825.92592593/9669.13580247*365 / 2
=72.21

* 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.

National Grid PLC Annual Data

Mar08Mar09Mar10Mar11Mar12Mar13Mar14Mar15Mar16Mar17
DaysSalesOutstanding 71.9062.1733.7729.6024.6233.6839.4837.6530.8175.23

National Grid PLC Semi-Annual Data

Sep12Mar13Sep13Mar14Sep14Mar15Sep15Mar16Sep16Mar17
DaysSalesOutstanding 51.3729.2058.0836.1554.1432.3857.0928.1959.2672.21
Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names | Earn affiliate commissions by embedding GuruFocus Charts
GuruFocus Affiliate Program: Earn up to $400 per referral. ( Learn More)
FEEDBACK