Canadian Utilities (TSX:CU.PR.C.PFD) Days Sales Outstanding

: 56.73 (As of Dec. 2023)

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Canadian Utilities's average Accounts Receivable for the three months ended in Dec. 2023 was C$605.50 Mil. Canadian Utilities's Revenue for the three months ended in Dec. 2023 was C$974.00 Mil. Hence, Canadian Utilities's Days Sales Outstanding for the three months ended in Dec. 2023 was 56.73.

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

TSX:CU.PR.C.PFD' s Days Sales Outstanding Range Over the Past 10 Years
Min: 48.77 Med: 59.19 Max: 74.52
Current: 64.27

During the past 13 years, Canadian Utilities's highest Days Sales Outstanding was 74.52. The lowest was 48.77. And the median was 59.19.

TSX:CU.PR.C.PFD's Days Sales Outstanding is ranked worse than
61.86% of 506 companies
in the Utilities - Regulated industry
Industry Median: 52.73 vs TSX:CU.PR.C.PFD: 64.27

Canadian Utilities's Days Sales Outstanding declined from Dec. 2022 (59.68) to Dec. 2023 (56.73).

Canadian Utilities Days Sales Outstanding Historical Data

The historical data trend for Canadian Utilities'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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Canadian Utilities Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

62.58

70.50

71.39

71.10

74.52

Canadian Utilities 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																59.68	64.10	66.96	58.66	56.73

Competitive Comparison

For the Utilities - Diversified subindustry, Canadian Utilities'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.

Canadian Utilities Days Sales Outstanding Distribution

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

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

Canadian Utilities 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.

Canadian Utilities'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
=	( (841	+	709)	/	2 )	/	3796	*	365
=	775					/	3796	*	365
=	74.52

Canadian Utilities'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
=	( (502	+	709)	/	2 )	/	974	*	365 / 4
=	605.5					/	974	*	365 / 4
=	56.73

Canadian Utilities (TSX:CU.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.

Canadian Utilities Days Sales Outstanding Related Terms

Thank you for viewing the detailed overview of Canadian Utilities's Days Sales Outstanding provided by GuruFocus.com. Please click on the following links to see related term pages.

Canadian Utilities (TSX:CU.PR.C.PFD) Business Description

Industry

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

Comparable Companies

Traded in Other Exchanges

CNAUF.PFD:USA CDUTF.PFD:USA CDUAF:USA CUD:Germany CU.PR.I.PFD:Canada CU.PR.H.PFD:Canada CU.PR.G.PFD:Canada CU.PR.F.PFD:Canada CU.PR.E.PFD:Canada CU.PR.D.PFD:Canada CU:Canada

Address

5302 Forand Street S.W., 4th Floor, West Building, Calgary, AB, CAN, T3E 8B4

Website

https://www.canadianutilities.com

Canadian Utilities Ltd, a subsidiary of holding company Atco, offers gas and electricity services. The company's main divisions include electricity (generation, transmission, and distribution), pipelines & liquid (natural gas and water), and Retail Energy. Headquartered in Calgary, Alberta, the firm mainly operates in Canada and Australia, along with some operations in the United States and Mexico. Canadian Utilities launched a large venture called Atco Energy, which provides low-cost and sustainable energy solutions for Alberta.

Canadian Utilities (TSX:CU.PR.C.PFD) Headlines

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