Emeren Group (Emeren Group) Days Sales Outstanding : 146.21 (As of Sep. 2023)

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What is Emeren Group Days Sales Outstanding?

Emeren Group's average Accounts Receivable for the three months ended in Sep. 2023 was $22.35 Mil. Emeren Group's Revenue for the three months ended in Sep. 2023 was $13.95 Mil. Hence, Emeren Group's Days Sales Outstanding for the three months ended in Sep. 2023 was 146.21.

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

SOL' s Days Sales Outstanding Range Over the Past 10 Years
Min: 38.08 Med: 99.75 Max: 360.13
Current: 105.26

During the past 13 years, Emeren Group's highest Days Sales Outstanding was 360.13. The lowest was 38.08. And the median was 99.75.

SOL's Days Sales Outstanding is ranked worse than
82.41% of 978 companies
in the Semiconductors industry
Industry Median: 62.435 vs SOL: 105.26

Emeren Group's Days Sales Outstanding increased from Sep. 2022 (120.94) to Sep. 2023 (146.21).

Emeren Group Days Sales Outstanding Historical Data

The historical data trend for Emeren Group'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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Emeren Group Days Sales Outstanding Chart

Emeren Group Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Days Sales Outstanding

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104.25

76.15

95.24

135.39

179.23

Emeren Group Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Days Sales Outstanding	Get a 7-Day Free Trial															120.94	106.19	155.04	61.41	146.21

Competitive Comparison of Emeren Group's Days Sales Outstanding

For the Solar subindustry, Emeren Group'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.

Emeren Group's Days Sales Outstanding Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Emeren Group's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Emeren Group's Days Sales Outstanding falls into.

Emeren Group 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.

Emeren Group's Days Sales Outstanding for the fiscal year that ended in Dec. 2022 is calculated as

	Days Sales Outstanding (A: Dec. 2022 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Dec. 2021 )	+	Accounts Receivable (A: Dec. 2022 ))	/	count )	/	Revenue (A: Dec. 2022 )	*	Days in Period
=	( (36.485	+	23.707)	/	2 )	/	61.291	*	365
=	30.096					/	61.291	*	365
=	179.23

Emeren Group'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: Jun. 2023 )	+	Accounts Receivable (A: Sep. 2023 ))	/	count )	/	Revenue (A: Sep. 2023 )	*	Days in Period
=	( (25.511	+	19.187)	/	2 )	/	13.948	*	365 / 4
=	22.349					/	13.948	*	365 / 4
=	146.21

Emeren Group (NYSE:SOL) Days Sales Outstanding Explanation

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

Emeren Group Days Sales Outstanding Related Terms

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Emeren Group (Emeren Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Emeren Group Ltd (NYSE:SOL) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

SOL:Mexico VQKB:Germany VQKB:Germany

Address

100 First Stamford Place, Suite 302, Stamford, CT, USA, 06902

Website

https://www.emeren.com

Emeren Group Ltd is a leading global solar project developer, owner, and operator with a ~3 GW pipeline of projects and IPP assets across Europe, North America, and Asia. The company focuses on solar power project development, construction management, and project financing services with local professional teams in more than 10 countries.

Executives

Capital Management Shah

director, 10 percent owner

8601 SIX FORKS ROAD, SUITE 630, RALEIGH NC 27615