National Grid (National Grid) Days Sales Outstanding

: 63.13 (As of Sep. 2023)

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National Grid's average Accounts Receivable for the six months ended in Sep. 2023 was $3,634 Mil. National Grid's Revenue for the six months ended in Sep. 2023 was $10,506 Mil. Hence, National Grid's Days Sales Outstanding for the six months ended in Sep. 2023 was 63.13.

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

NGG' s Days Sales Outstanding Range Over the Past 10 Years
Min: 34.8 Med: 41.74 Max: 64.26
Current: 56.46

During the past 13 years, National Grid's highest Days Sales Outstanding was 64.26. The lowest was 34.80. And the median was 41.74.

NGG's Days Sales Outstanding is ranked worse than
54.15% of 506 companies
in the Utilities - Regulated industry
Industry Median: 52.73 vs NGG: 56.46

National Grid's Days Sales Outstanding declined from Sep. 2022 (65.52) to Sep. 2023 (63.13).

National Grid Days Sales Outstanding Historical Data

The historical data trend for National Grid'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.

National Grid Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Sales Outstanding

60.22

67.04

47.22

49.24

46.11

National Grid Semi-Annual Data
	Mar14	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Days Sales Outstanding																67.31	46.22	65.52	44.98	63.13

Competitive Comparison

For the Utilities - Regulated Electric subindustry, National Grid'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.

National Grid Days Sales Outstanding Distribution

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

* The bar in red indicates where National Grid's Days Sales Outstanding falls into.

National Grid 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.

National Grid's Days Sales Outstanding for the fiscal year that ended in Mar. 2023 is calculated as

	Days Sales Outstanding (A: Mar. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Mar. 2022 )	+	Accounts Receivable (A: Mar. 2023 ))	/	count )	/	Revenue (A: Mar. 2023 )	*	Days in Period
=	( (3505.929	+	3134.709)	/	2 )	/	26285.194	*	365
=	3320.319					/	26285.194	*	365
=	46.11

National Grid'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: Mar. 2023 )	+	Accounts Receivable (A: Sep. 2023 ))	/	count )	/	Revenue (A: Sep. 2023 )	*	Days in Period
=	( (3134.709	+	4133.663)	/	2 )	/	10506.188	*	365 / 2
=	3634.186					/	10506.188	*	365 / 2
=	63.13

National Grid (NYSE:NGG) Days Sales Outstanding Explanation

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

National Grid Days Sales Outstanding Related Terms

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National Grid (National Grid) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » National Grid PLC (NYSE:NGG) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

NGGTF:USA NGl:UK NG.:UK NNGF:Germany NNGF:Germany NNGF:Germany NNGD:Germany N1GG34:Brazil NGG:Argentina

Address

1-3 Strand, London, GBR, WC2N 5EH

Website

https://www.nationalgrid.com

National Grid owns and operates the electric transmission system in England and Wales. It sold the bulk of its U.K. gas transmission business in fiscal 2023 to fund the acquisition of PPL's U.K. power distribution assets. In the Northeastern United States, it serves electricity and gas customers combined in three states. It also owns regulated transmission and electricity generation in the United States, metering services, merchant transmission lines in the U.K., and the Grain (U.K.) liquefied natural gas facility.