CIA Distrib de Gas do Rio de Janeiro - CEG (BSP:CEGR3) Days Sales Outstanding : 47.92 (As of Mar. 2024)

View and export this data going back to 2000. Start your Free Trial

What is CIA Distrib de Gas do Rio de Janeiro - CEG Days Sales Outstanding?

CIA Distrib de Gas do Rio de Janeiro - CEG's average Accounts Receivable for the three months ended in Mar. 2024 was R$651 Mil. CIA Distrib de Gas do Rio de Janeiro - CEG's Revenue for the three months ended in Mar. 2024 was R$1,240 Mil. Hence, CIA Distrib de Gas do Rio de Janeiro - CEG's Days Sales Outstanding for the three months ended in Mar. 2024 was 47.92.

The historical rank and industry rank for CIA Distrib de Gas do Rio de Janeiro - CEG's Days Sales Outstanding or its related term are showing as below:

BSP:CEGR3' s Days Sales Outstanding Range Over the Past 10 Years
Min: 41.93 Med: 46.41 Max: 68.06
Current: 45.24

During the past 13 years, CIA Distrib de Gas do Rio de Janeiro - CEG's highest Days Sales Outstanding was 68.06. The lowest was 41.93. And the median was 46.41.

BSP:CEGR3's Days Sales Outstanding is not ranked
in the Utilities - Regulated industry.
Industry Median: 53.86 vs BSP:CEGR3: 45.24

CIA Distrib de Gas do Rio de Janeiro - CEG's Days Sales Outstanding increased from Mar. 2023 (45.73) to Mar. 2024 (47.92).

CIA Distrib de Gas do Rio de Janeiro - CEG Days Sales Outstanding Historical Data

The historical data trend for CIA Distrib de Gas do Rio de Janeiro - CEG'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.

CIA Distrib de Gas do Rio de Janeiro - CEG Days Sales Outstanding Chart

CIA Distrib de Gas do Rio de Janeiro - CEG Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

Get a 7-Day Free Trial

52.79

68.06

47.17

41.93

45.64

CIA Distrib de Gas do Rio de Janeiro - CEG Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Sales Outstanding	Get a 7-Day Free Trial															45.73	43.60	44.23	46.79	47.92

Competitive Comparison of CIA Distrib de Gas do Rio de Janeiro - CEG's Days Sales Outstanding

For the Utilities - Regulated Gas subindustry, CIA Distrib de Gas do Rio de Janeiro - CEG'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.

CIA Distrib de Gas do Rio de Janeiro - CEG's Days Sales Outstanding Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, CIA Distrib de Gas do Rio de Janeiro - CEG's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where CIA Distrib de Gas do Rio de Janeiro - CEG's Days Sales Outstanding falls into.

CIA Distrib de Gas do Rio de Janeiro - CEG 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.

CIA Distrib de Gas do Rio de Janeiro - CEG'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
=	( (729.154	+	671.855)	/	2 )	/	5602.206	*	365
=	700.5045					/	5602.206	*	365
=	45.64

CIA Distrib de Gas do Rio de Janeiro - CEG's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

	Days Sales Outstanding (Q: Mar. 2024 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Dec. 2023 )	+	Accounts Receivable (A: Mar. 2024 ))	/	count )	/	Revenue (A: Mar. 2024 )	*	Days in Period
=	( (671.855	+	630.373)	/	2 )	/	1239.95	*	365 / 4
=	651.114					/	1239.95	*	365 / 4
=	47.92

CIA Distrib de Gas do Rio de Janeiro - CEG (BSP:CEGR3) Days Sales Outstanding Explanation

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

CIA Distrib de Gas do Rio de Janeiro - CEG Days Sales Outstanding Related Terms

Thank you for viewing the detailed overview of CIA Distrib de Gas do Rio de Janeiro - CEG's Days Sales Outstanding provided by GuruFocus.com. Please click on the following links to see related term pages.

CIA Distrib de Gas do Rio de Janeiro - CEG (BSP:CEGR3) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » CIA Distrib de Gas do Rio de Janeiro - CEG (BSP:CEGR3) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

Av Pedro Ii, 68, Rio de Janeiro, RJ, BRA, 20941070

Website

http://www.ceg.com.br

CIA Distrib de Gas do Rio de Janeiro - CEG distributes natural gas for the residential, commercial, industrial, electrical power generation sectors and also for compressed natural gas stations.

CIA Distrib de Gas do Rio de Janeiro - CEG (BSP:CEGR3) Headlines

No Headlines