Algonquin Power & Utilities (Algonquin Power & Utilities) Days Sales Outstanding : 53.99 (As of Dec. 2023)

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What is Algonquin Power & Utilities Days Sales Outstanding?

Algonquin Power & Utilities's average Accounts Receivable for the three months ended in Dec. 2023 was $394.52 Mil. Algonquin Power & Utilities's Revenue for the three months ended in Dec. 2023 was $666.78 Mil. Hence, Algonquin Power & Utilities's Days Sales Outstanding for the three months ended in Dec. 2023 was 53.99.

The historical rank and industry rank for Algonquin Power & Utilities's Days Sales Outstanding or its related term are showing as below:

AQNU' s Days Sales Outstanding Range Over the Past 10 Years
Min: 41.62 Med: 48.44 Max: 57.37
Current: 55.06

During the past 13 years, Algonquin Power & Utilities's highest Days Sales Outstanding was 57.37. The lowest was 41.62. And the median was 48.44.

AQNU's Days Sales Outstanding is ranked better than
58.77% of 405 companies
in the Utilities - Independent Power Producers industry
Industry Median: 64.51 vs AQNU: 55.06

Algonquin Power & Utilities's Days Sales Outstanding increased from Dec. 2022 (46.08) to Dec. 2023 (53.99).

Algonquin Power & Utilities Days Sales Outstanding Historical Data

The historical data trend for Algonquin Power & Utilities'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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Algonquin Power & Utilities Days Sales Outstanding Chart

Algonquin Power & Utilities Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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47.70

53.59

42.86

44.87

53.86

Algonquin Power & Utilities 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															46.08	47.63	62.90	58.69	53.99

Competitive Comparison of Algonquin Power & Utilities's Days Sales Outstanding

For the Utilities - Renewable subindustry, Algonquin Power & Utilities'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.

Algonquin Power & Utilities's Days Sales Outstanding Distribution in the Utilities - Independent Power Producers Industry

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

* The bar in red indicates where Algonquin Power & Utilities's Days Sales Outstanding falls into.

Algonquin Power & Utilities 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.

Algonquin Power & Utilities'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
=	( (379.042	+	417.193)	/	2 )	/	2698.015	*	365
=	398.1175					/	2698.015	*	365
=	53.86

Algonquin Power & Utilities'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
=	( (371.84	+	417.193)	/	2 )	/	666.779	*	365 / 4
=	394.5165					/	666.779	*	365 / 4
=	53.99

Algonquin Power & Utilities (NYSE:AQNU) Days Sales Outstanding Explanation

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

Algonquin Power & Utilities Days Sales Outstanding Related Terms

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Algonquin Power & Utilities (Algonquin Power & Utilities) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » Algonquin Power & Utilities Corp (NYSE:AQNU) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

AGQPF.PFD:USA AQN:USA 751:Germany AQN.PR.D.PFD:Canada AQN.PR.A.PFD:Canada AQN:Canada

Address

354 Davis Road, Oakville, ON, CAN, L6J 2X1

Website

https://www.algonquinpower.com

Algonquin Power & Utilities Corp, a parent company of Liberty, is a diversified international generation, transmission, and distribution utility with over $16 billion of total assets. Through its two business groups, the Regulated Services Group and the Renewable Energy Group, AQN is committed to providing safe, secure, reliable, cost-effective, and sustainable energy and water solutions through its portfolio of electric generation, transmission, and distribution utility investments to over one million customer connections, largely in the United States and Canada. AQN provides renewable energy through its portfolio of long-term contracted wind, solar, and hydroelectric generating facilities.