TransAlta (TransAlta) Days Sales Outstanding

: 88.60 (As of Dec. 2023)

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TransAlta's average Accounts Receivable for the three months ended in Dec. 2023 was $452 Mil. TransAlta's Revenue for the three months ended in Dec. 2023 was $465 Mil. Hence, TransAlta's Days Sales Outstanding for the three months ended in Dec. 2023 was 88.60.

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

TAC' s Days Sales Outstanding Range Over the Past 10 Years
Min: 61.78 Med: 77.25 Max: 104.68
Current: 83.12

During the past 13 years, TransAlta's highest Days Sales Outstanding was 104.68. The lowest was 61.78. And the median was 77.25.

TAC's Days Sales Outstanding is ranked worse than
62.62% of 404 companies
in the Utilities - Independent Power Producers industry
Industry Median: 64.475 vs TAC: 83.12

TransAlta's Days Sales Outstanding declined from Dec. 2022 (113.00) to Dec. 2023 (88.60).

TransAlta Days Sales Outstanding Historical Data

The historical data trend for TransAlta'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.

TransAlta Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

76.53

76.10

66.18

103.92

95.22

TransAlta 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																113.00	80.12	103.41	59.62	88.60

Competitive Comparison

For the Utilities - Independent Power Producers subindustry, TransAlta'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.

TransAlta Days Sales Outstanding Distribution

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

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

TransAlta 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.

TransAlta'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
=	( (857.563	+	447.227)	/	2 )	/	2500.745	*	365
=	652.395					/	2500.745	*	365
=	95.22

TransAlta'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
=	( (455.99	+	447.227)	/	2 )	/	465.116	*	365 / 4
=	451.6085					/	465.116	*	365 / 4
=	88.60

TransAlta (NYSE:TAC) Days Sales Outstanding Explanation

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

TransAlta Days Sales Outstanding Related Terms

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TransAlta (TransAlta) Business Description

Industry

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

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Address

110 - 12th Avenue SW, Station M, Calgary, AB, CAN, T2P 2M1

Website

https://ww.transalta.com

TransAlta is an independent power producer based in Alberta, Canada. The company operates a diverse and growing fleet of electrical power generation assets in Canada, the United States, and Australia consisting of hydro, wind, solar, battery storage, gas and energy transition facilities. The majority of the company's revenues are derived from the sale of generation capacity, electricity, thermal energy, environmental attributes, and byproducts of power generation.