Summit Power (DHA:SUMITPOWER) Days Sales Outstanding : 345.62 (As of Jun. 2023)

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What is Summit Power Days Sales Outstanding?

Summit Power's average Accounts Receivable for the three months ended in Jun. 2023 was BDT31,256 Mil. Summit Power's Revenue for the three months ended in Jun. 2023 was BDT8,252 Mil. Hence, Summit Power's Days Sales Outstanding for the three months ended in Jun. 2023 was 345.62.

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

DHA:SUMITPOWER' s Days Sales Outstanding Range Over the Past 10 Years
Min: 103.66 Med: 141.02 Max: 234.71
Current: 234.71

During the past 13 years, Summit Power's highest Days Sales Outstanding was 234.71. The lowest was 103.66. And the median was 141.02.

DHA:SUMITPOWER's Days Sales Outstanding is ranked worse than
94.05% of 504 companies
in the Utilities - Regulated industry
Industry Median: 53.49 vs DHA:SUMITPOWER: 234.71

Summit Power's Days Sales Outstanding increased from Jun. 2022 (130.77) to Jun. 2023 (345.62).

Warning Sign:

If a company's sales outstanding increases, it means it has difficulty collecting payments from its customers.

Summit Power Days Sales Outstanding Historical Data

The historical data trend for Summit Power'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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Summit Power Days Sales Outstanding Chart

Summit Power Annual Data

Trend

Dec14

Dec15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Days Sales Outstanding

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125.98

176.74

125.37

170.84

209.89

Summit Power Quarterly Data
	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23
Days Sales Outstanding	Get a 7-Day Free Trial															130.77	184.97	276.85	219.57	345.62

Competitive Comparison of Summit Power's Days Sales Outstanding

For the Utilities - Regulated Electric subindustry, Summit Power'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.

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

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

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

Summit Power 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.

Summit Power's Days Sales Outstanding for the fiscal year that ended in Jun. 2023 is calculated as

	Days Sales Outstanding (A: Jun. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Jun. 2022 )	+	Accounts Receivable (A: Jun. 2023 ))	/	count )	/	Revenue (A: Jun. 2023 )	*	Days in Period
=	( (34178.143	+	29282.096)	/	2 )	/	55178.541	*	365
=	31730.1195					/	55178.541	*	365
=	209.89

Summit Power's Days Sales Outstanding for the quarter that ended in Jun. 2023 is calculated as:

	Days Sales Outstanding (Q: Jun. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Mar. 2023 )	+	Accounts Receivable (A: Jun. 2023 ))	/	count )	/	Revenue (A: Jun. 2023 )	*	Days in Period
=	( (33229.181	+	29282.096)	/	2 )	/	8252.028	*	365 / 4
=	31255.6385					/	8252.028	*	365 / 4
=	345.62

Summit Power (DHA:SUMITPOWER) Days Sales Outstanding Explanation

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

Summit Power Days Sales Outstanding Related Terms

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Summit Power (DHA:SUMITPOWER) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Summit Power Ltd (DHA:SUMITPOWER) » Definitions » Days Sales Outstanding

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Traded in Other Exchanges

N/A

Address

Karwan Bazar C/A, Summit Centre, 18, Dhaka, BGD, 1215

Website

https://www.summitpower.org

Summit Power Ltd is engaged in the generation and supply of electricity. It focuses on developing, owning, and operating power generating assets. It owns and operates 15 power plants at different locations in Bangladesh with a total Installed capacity of 975.96 MW. The company supplies electricity to Bangladesh Power Development Board and Bangladesh Rural Electrification Board.

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