CU (TSX:CIU.PR.C.PFD) Days Sales Outstanding : 45.63 (As of Dec. 2023)

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What is CU Days Sales Outstanding?

CU's average Accounts Receivable for the three months ended in Dec. 2023 was C$391.50 Mil. CU's Revenue for the three months ended in Dec. 2023 was C$783.00 Mil. Hence, CU's Days Sales Outstanding for the three months ended in Dec. 2023 was 45.63.

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

TSX:CIU.PR.C.PFD's Days Sales Outstanding is not ranked ^*
in the Utilities - Regulated industry.
Industry Median: 53
* Ranked among companies with meaningful Days Sales Outstanding only.

CU's Days Sales Outstanding declined from Dec. 2022 (45.84) to Dec. 2023 (45.63).

CU Days Sales Outstanding Historical Data

The historical data trend for CU'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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CU Days Sales Outstanding Chart

CU Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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49.83

50.34

54.76

57.40

65.69

CU Quarterly Data
	Dec16	Dec17	Dec18	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															45.84	50.78	49.10	40.92	45.63

Competitive Comparison of CU's Days Sales Outstanding

For the Utilities - Diversified subindustry, CU'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.

CU's Days Sales Outstanding Distribution in the Utilities - Regulated Industry

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

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

CU 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.

CU'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
=	( (533	+	522)	/	2 )	/	2931	*	365
=	527.5					/	2931	*	365
=	65.69

CU'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
=	( (261	+	522)	/	2 )	/	783	*	365 / 4
=	391.5					/	783	*	365 / 4
=	45.63

CU (TSX:CIU.PR.C.PFD) Days Sales Outstanding Explanation

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

CU Days Sales Outstanding Related Terms

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CU (TSX:CIU.PR.C.PFD) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » CU Inc (TSX:CIU.PR.C.PFD) » Definitions » Days Sales Outstanding

Comparable Companies

TSXV:OEG TSX:JE TSX:SPB TSX:ACO.Y TSX:EMA TSX:CU.X TSX:BIP.UN

Traded in Other Exchanges

CIU.PR.A.PFD:Canada

Address

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

Website

https://www.canadianutilities.com

CU Inc is engaged in the transmission and distribution of electricity and natural gas. It operates through Electricity and Natural gas segments. The Electricity segment provides regulated electricity transmission, distribution and related infrastructure solutions in northern and central east Alberta, the Yukon and the Northwest Territories. The Natural Gas segment provides integrated natural gas transmission, distribution and related infrastructure development throughout Alberta and in the Lloydminster area of Saskatchewan.

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