PNE AG (FRA:PNE3) Days Sales Outstanding : 172.65 (As of Mar. 2024)

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What is PNE AG Days Sales Outstanding?

PNE AG's average Accounts Receivable for the three months ended in Mar. 2024 was €59.4 Mil. PNE AG's Revenue for the three months ended in Mar. 2024 was €31.4 Mil. Hence, PNE AG's Days Sales Outstanding for the three months ended in Mar. 2024 was 172.65.

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

FRA:PNE3' s Days Sales Outstanding Range Over the Past 10 Years
Min: 15.53 Med: 51.43 Max: 179.52
Current: 179.52

During the past 13 years, PNE AG's highest Days Sales Outstanding was 179.52. The lowest was 15.53. And the median was 51.43.

FRA:PNE3's Days Sales Outstanding is ranked worse than
80.64% of 408 companies
in the Utilities - Independent Power Producers industry
Industry Median: 66.365 vs FRA:PNE3: 179.52

PNE AG's Days Sales Outstanding increased from Mar. 2023 (145.09) to Mar. 2024 (172.65).

PNE AG Days Sales Outstanding Historical Data

The historical data trend for PNE AG'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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PNE AG Days Sales Outstanding Chart

PNE AG Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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55.80

123.82

107.99

97.84

114.09

PNE AG 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															145.09	230.58	278.63	89.93	172.65

Competitive Comparison of PNE AG's Days Sales Outstanding

For the Utilities - Renewable subindustry, PNE AG'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.

PNE AG's Days Sales Outstanding Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, PNE AG's Days Sales Outstanding distribution charts can be found below:

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

PNE AG 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.

PNE AG'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
=	( (38.152	+	37.823)	/	2 )	/	121.534	*	365
=	37.9875					/	121.534	*	365
=	114.09

PNE AG'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
=	( (37.823	+	81)	/	2 )	/	31.4	*	365 / 4
=	59.4115					/	31.4	*	365 / 4
=	172.65

PNE AG (FRA:PNE3) Days Sales Outstanding Explanation

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

PNE AG Days Sales Outstanding Related Terms

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PNE AG (FRA:PNE3) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » PNE AG (FRA:PNE3) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

0KUY:UK PNE3:Germany

Address

Peter-Henlein-Strasse 2-4, Cuxhaven, NI, DEU, 27472

Website

https://www.pne-ag.com

PNE AG is a wind farm developer in the offshore area. The company's core business is the project development as well the construction and operation of onshore and offshore wind farms. It operates in three segments: Project development; Service products; and Electricity generation. The project development segment reports sub-divisions such as onshore wind power - national and international, offshore wind power - national and international, and photovoltaic projects - national and international, as well as other projects.

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