Enbridge (TSX:ENB.PR.A.PFD) Days Sales Outstanding

: 34.96 (As of Dec. 2023)

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Enbridge's average Accounts Receivable for the three months ended in Dec. 2023 was C$4,328.00 Mil. Enbridge's Revenue for the three months ended in Dec. 2023 was C$11,298.00 Mil. Hence, Enbridge's Days Sales Outstanding for the three months ended in Dec. 2023 was 34.96.

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

TSX:ENB.PR.A.PFD' s Days Sales Outstanding Range Over the Past 10 Years
Min: 12.74 Med: 37.1 Max: 43.62
Current: 38.69

During the past 13 years, Enbridge's highest Days Sales Outstanding was 43.62. The lowest was 12.74. And the median was 37.10.

TSX:ENB.PR.A.PFD's Days Sales Outstanding is ranked better than
62.31% of 934 companies
in the Oil & Gas industry
Industry Median: 48.76 vs TSX:ENB.PR.A.PFD: 38.69

Enbridge's Days Sales Outstanding declined from Dec. 2022 (44.64) to Dec. 2023 (34.96).

Enbridge Days Sales Outstanding Historical Data

The historical data trend for Enbridge'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.

Enbridge Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

36.95

43.62

35.71

37.25

42.75

Enbridge 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																44.64	40.00	38.26	37.32	34.96

Competitive Comparison

For the Oil & Gas Midstream subindustry, Enbridge'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.

Enbridge Days Sales Outstanding Distribution

For the Oil & Gas industry and Energy sector, Enbridge's Days Sales Outstanding distribution charts can be found below:

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

Enbridge 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.

Enbridge'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
=	( (5730	+	4495)	/	2 )	/	43649	*	365
=	5112.5					/	43649	*	365
=	42.75

Enbridge'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
=	( (4161	+	4495)	/	2 )	/	11298	*	365 / 4
=	4328					/	11298	*	365 / 4
=	34.96

Enbridge (TSX:ENB.PR.A.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.

Enbridge Days Sales Outstanding Related Terms

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Enbridge (TSX:ENB.PR.A.PFD) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Enbridge Inc (TSX:ENB.PR.A.PFD) » Definitions » Days Sales Outstanding

Comparable Companies

Address

425 - 1st Street S.W., Suite 200, Calgary, AB, CAN, T2P 3L8

Website

https://www.enbridge.com

Enbridge owns extensive midstream assets that transport hydrocarbons across the U.S. and Canada. Its pipeline network consists of the Canadian Mainline system, regional oil sands pipelines, and natural gas pipelines. The company also owns and operates a regulated natural gas utility and Canada's largest natural gas distribution company. The firm has a small renewables portfolio primarily focused on onshore and offshore wind projects.

Enbridge (TSX:ENB.PR.A.PFD) Headlines

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