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CIA Energetica Do Rio Grande Norte - COSERN (BSP:CSRN3) Days Sales Outstanding : 63.83 (As of Jun. 2024)


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What is CIA Energetica Do Rio Grande Norte - COSERN Days Sales Outstanding?

CIA Energetica Do Rio Grande Norte - COSERN's average Accounts Receivable for the three months ended in Jun. 2024 was R$628 Mil. CIA Energetica Do Rio Grande Norte - COSERN's Revenue for the three months ended in Jun. 2024 was R$897 Mil. Hence, CIA Energetica Do Rio Grande Norte - COSERN's Days Sales Outstanding for the three months ended in Jun. 2024 was 63.83.

The historical rank and industry rank for CIA Energetica Do Rio Grande Norte - COSERN's Days Sales Outstanding or its related term are showing as below:

BSP:CSRN3' s Days Sales Outstanding Range Over the Past 10 Years
Min: 55.8   Med: 60.73   Max: 71.65
Current: 59.84

During the past 13 years, CIA Energetica Do Rio Grande Norte - COSERN's highest Days Sales Outstanding was 71.65. The lowest was 55.80. And the median was 60.73.

BSP:CSRN3's Days Sales Outstanding is not ranked
in the Utilities - Regulated industry.
Industry Median: 51.395 vs BSP:CSRN3: 59.84

CIA Energetica Do Rio Grande Norte - COSERN's Days Sales Outstanding increased from Jun. 2023 (58.14) to Jun. 2024 (63.83).


CIA Energetica Do Rio Grande Norte - COSERN Days Sales Outstanding Historical Data

The historical data trend for CIA Energetica Do Rio Grande Norte - COSERN'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 Energetica Do Rio Grande Norte - COSERN Days Sales Outstanding Chart

CIA Energetica Do Rio Grande Norte - COSERN Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Sales Outstanding
Get a 7-Day Free Trial Premium Member Only Premium Member Only 55.80 59.70 60.41 63.85 58.36

CIA Energetica Do Rio Grande Norte - COSERN Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
Days Sales Outstanding Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 58.14 57.90 57.80 61.06 63.83

Competitive Comparison of CIA Energetica Do Rio Grande Norte - COSERN's Days Sales Outstanding

For the Utilities - Regulated Electric subindustry, CIA Energetica Do Rio Grande Norte - COSERN'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 Energetica Do Rio Grande Norte - COSERN's Days Sales Outstanding Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, CIA Energetica Do Rio Grande Norte - COSERN's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where CIA Energetica Do Rio Grande Norte - COSERN's Days Sales Outstanding falls into.



CIA Energetica Do Rio Grande Norte - COSERN 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 Energetica Do Rio Grande Norte - COSERN'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
=( (538 + 619) / 2 ) / 3618*365
=578.5 / 3618*365
=58.36

CIA Energetica Do Rio Grande Norte - COSERN's Days Sales Outstanding for the quarter that ended in Jun. 2024 is calculated as:

Days Sales Outstanding (Q: Jun. 2024 )
=Average Accounts Receivable /Revenue*Days in Period
=( (Accounts Receivable (A: Mar. 2024 ) + Accounts Receivable (A: Jun. 2024 )) / count ) / Revenue (A: Jun. 2024 )*Days in Period
=( (627 + 628) / 2 ) / 897*365 / 4
=627.5 / 897*365 / 4
=63.83

* 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.


CIA Energetica Do Rio Grande Norte - COSERN  (BSP:CSRN3) 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 Energetica Do Rio Grande Norte - COSERN Days Sales Outstanding Related Terms

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CIA Energetica Do Rio Grande Norte - COSERN Business Description

Traded in Other Exchanges
N/A
Address
Rua Mermoz 150, Natal, RN, BRA, 59025250
CIA Energetica Do Rio Grande Norte - COSERN is a holding company in Brazil. The Company, through its subsidiaries, is mainly engaged in distribution, transmission, generation and marketing of electricity. The company operates as a public service concessionary of electrical power, aimed to study, project, construct and explore systems of production, transmission, transformation, distribution and commercialization of electrical energy and other alternative energy sources, renewable and nonrenewable.

CIA Energetica Do Rio Grande Norte - COSERN Headlines

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