Atco (TSX:ACO.Y) Days Sales Outstanding

: 56.05 (As of Dec. 2023)

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Atco's average Accounts Receivable for the three months ended in Dec. 2023 was C$750 Mil. Atco's Revenue for the three months ended in Dec. 2023 was C$1,221 Mil. Hence, Atco's Days Sales Outstanding for the three months ended in Dec. 2023 was 56.05.

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

TSX:ACO.Y' s Days Sales Outstanding Range Over the Past 10 Years
Min: 51.5 Med: 59.42 Max: 68.21
Current: 60.25

During the past 13 years, Atco's highest Days Sales Outstanding was 68.21. The lowest was 51.50. And the median was 59.42.

TSX:ACO.Y's Days Sales Outstanding is ranked worse than
59.09% of 506 companies
in the Utilities - Regulated industry
Industry Median: 52.395 vs TSX:ACO.Y: 60.25

Atco's Days Sales Outstanding declined from Dec. 2022 (56.15) to Dec. 2023 (56.05).

Atco Days Sales Outstanding Historical Data

The historical data trend for Atco'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.

Atco Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

58.05

65.85

64.80

63.35

68.21

Atco 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																56.15	58.86	61.83	56.32	56.05

Competitive Comparison

For the Utilities - Diversified subindustry, Atco'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.

Atco Days Sales Outstanding Distribution

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

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

Atco 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.

Atco'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
=	( (917	+	855)	/	2 )	/	4741	*	365
=	886					/	4741	*	365
=	68.21

Atco'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
=	( (645	+	855)	/	2 )	/	1221	*	365 / 4
=	750					/	1221	*	365 / 4
=	56.05

Atco (TSX:ACO.Y) Days Sales Outstanding Explanation

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

Atco Days Sales Outstanding Related Terms

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Atco (TSX:ACO.Y) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Atco Ltd (TSX:ACO.Y) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

ACLLF:USA 8A6:Germany 8A6:Germany ACO.X:Canada

Address

5302 Forand Street SW, 4th Floor, West Building, Calgary, AB, CAN, T3E 8B4

Website

https://www.atco.com

Atco Ltd is a Canadian holding company that offers gas, electric, and infrastructure solutions. The largest subsidiary of the company is Canadian utilities, which operates natural gas, electricity, and logistical services. Atco's primary segments include Structures and Logistics; Utilities; Energy Infrastructure; Neltume Ports and Corporate and Other. It generates maximum revenue from the Utilities segment. Geographically, it derives most of its revenue from Canada.

Atco (TSX:ACO.Y) Headlines

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