Innergex Renewable Energy (Innergex Renewable Energy) Days Sales Outstanding

: 68.01 (As of Dec. 2023)

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Innergex Renewable Energy's average Accounts Receivable for the three months ended in Dec. 2023 was $135.3 Mil. Innergex Renewable Energy's Revenue for the three months ended in Dec. 2023 was $181.5 Mil. Hence, Innergex Renewable Energy's Days Sales Outstanding for the three months ended in Dec. 2023 was 68.01.

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

INGXF' s Days Sales Outstanding Range Over the Past 10 Years
Min: 30.21 Med: 38.23 Max: 67.14
Current: 67.14

During the past 13 years, Innergex Renewable Energy's highest Days Sales Outstanding was 67.14. The lowest was 30.21. And the median was 38.23.

INGXF's Days Sales Outstanding is ranked worse than
53.22% of 404 companies
in the Utilities - Independent Power Producers industry
Industry Median: 64.34 vs INGXF: 67.14

Innergex Renewable Energy's Days Sales Outstanding increased from Dec. 2022 (61.82) to Dec. 2023 (68.01).

Innergex Renewable Energy Days Sales Outstanding Historical Data

The historical data trend for Innergex Renewable Energy'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.

Innergex Renewable Energy Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

50.49

36.79

36.14

44.82

51.23

Innergex Renewable Energy 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																61.82	71.80	71.98	71.93	68.01

Competitive Comparison

For the Utilities - Renewable subindustry, Innergex Renewable Energy'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.

Innergex Renewable Energy Days Sales Outstanding Distribution

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

* The bar in red indicates where Innergex Renewable Energy's Days Sales Outstanding falls into.

Innergex Renewable Energy 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.

Innergex Renewable Energy'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
=	( (91.534	+	111.419)	/	2 )	/	722.935	*	365
=	101.4765					/	722.935	*	365
=	51.23

Innergex Renewable Energy'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
=	( (159.154	+	111.419)	/	2 )	/	181.517	*	365 / 4
=	135.2865					/	181.517	*	365 / 4
=	68.01

Innergex Renewable Energy (OTCPK:INGXF) Days Sales Outstanding Explanation

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

Innergex Renewable Energy Days Sales Outstanding Related Terms

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Innergex Renewable Energy (Innergex Renewable Energy) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » Innergex Renewable Energy Inc (OTCPK:INGXF) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

3IX:Germany INE.PR.C.PFD:Canada INE.PR.A.PFD:Canada INE:Canada

Address

1225 Saint-Charles Street West, 10th Floor, Longueuil, QC, CAN, J4K 0B9

Website

https://www.innergex.com

Innergex Renewable Energy Inc is an independent Canadian renewable power producer. It develops, acquires, owns, and operates hydroelectric, wind, and solar facilities in Canada, the United States, France, and Chile. Most of the energy that the company generates comes from its hydroelectric facilities. Innergex Renewable Energy primarily generates revenue through the sale of electricity from its hydroelectric sites. The company's wind farms also generate substantial amounts of energy and revenue.

Innergex Renewable Energy (Innergex Renewable Energy) Headlines

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