Invinity Energy Systems (LSE:IES) Days Sales Outstanding : 36.27 (As of Jun. 2023)

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What is Invinity Energy Systems Days Sales Outstanding?

Invinity Energy Systems's average Accounts Receivable for the six months ended in Jun. 2023 was £2.94 Mil. Invinity Energy Systems's Revenue for the six months ended in Jun. 2023 was £14.81 Mil. Hence, Invinity Energy Systems's Days Sales Outstanding for the six months ended in Jun. 2023 was 36.27.

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

LSE:IES' s Days Sales Outstanding Range Over the Past 10 Years
Min: 42.7 Med: 98.33 Max: 345.7
Current: 56.73

During the past 5 years, Invinity Energy Systems's highest Days Sales Outstanding was 345.70. The lowest was 42.70. And the median was 98.33.

LSE:IES's Days Sales Outstanding is ranked better than
57.7% of 409 companies
in the Utilities - Independent Power Producers industry
Industry Median: 66.37 vs LSE:IES: 56.73

Invinity Energy Systems's Days Sales Outstanding declined from Jun. 2022 (220.01) to Jun. 2023 (36.27).

Warning Sign:

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

Invinity Energy Systems Days Sales Outstanding Historical Data

The historical data trend for Invinity Energy Systems'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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Invinity Energy Systems Days Sales Outstanding Chart

Invinity Energy Systems Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Days Sales Outstanding

53.22

345.70

42.70

98.33

212.01

Invinity Energy Systems Semi-Annual Data
	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23
Days Sales Outstanding	Get a 7-Day Free Trial					1,253.17	53.43	220.01	207.10	36.27

Competitive Comparison of Invinity Energy Systems's Days Sales Outstanding

For the Utilities - Renewable subindustry, Invinity Energy Systems'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.

Invinity Energy Systems's Days Sales Outstanding Distribution in the Utilities - Independent Power Producers Industry

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

* The bar in red indicates where Invinity Energy Systems's Days Sales Outstanding falls into.

Invinity Energy Systems 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.

Invinity Energy Systems's Days Sales Outstanding for the fiscal year that ended in Dec. 2022 is calculated as

	Days Sales Outstanding (A: Dec. 2022 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Dec. 2021 )	+	Accounts Receivable (A: Dec. 2022 ))	/	count )	/	Revenue (A: Dec. 2022 )	*	Days in Period
=	( (1.683	+	1.737)	/	2 )	/	2.944	*	365
=	1.71					/	2.944	*	365
=	212.01

Invinity Energy Systems'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: Dec. 2022 )	+	Accounts Receivable (A: Jun. 2023 ))	/	count )	/	Revenue (A: Jun. 2023 )	*	Days in Period
=	( (1.737	+	4.151)	/	2 )	/	14.812	*	365 / 2
=	2.944					/	14.812	*	365 / 2
=	36.27

Invinity Energy Systems (LSE:IES) Days Sales Outstanding Explanation

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

Invinity Energy Systems Days Sales Outstanding Related Terms

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Invinity Energy Systems (LSE:IES) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » Invinity Energy Systems PLC (LSE:IES) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

IESVF:USA IES.GB:UK J4Q5:Germany

Address

Castle Street, 3rd Floor, IFC5, St. Helier, JEY, JE2 3BY

Website

https://www.invinity.com

Invinity Energy Systems PLC operates in the manufacturing of vanadium flow battery systems and their related installation and other services. Its vanadium flow batteries are a form of heavy-duty, stationary energy storage, used in high-utilization applications such as being coupled with industrial-scale solar generation for distributed, low-carbon energy projects. The company's flow battery systems are ideal for commercial and industrial sites, grid network infrastructure projects, and off-grid applications, either standalone or alongside renewable energy such as solar PV. It generates the majority of its revenue from the sale of Battery systems and associated control systems. Its geographical segments are the United Kingdom, Asia, the United States, and Others.

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