Snam SpA (LTS:0NQP) Days Sales Outstanding : 241.97 (As of Sep. 2023)

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What is Snam SpA Days Sales Outstanding?

Snam SpA's average Accounts Receivable for the three months ended in Sep. 2023 was €2,848 Mil. Snam SpA's Revenue for the three months ended in Sep. 2023 was €1,074 Mil. Hence, Snam SpA's Days Sales Outstanding for the three months ended in Sep. 2023 was 241.97.

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

LTS:0NQP' s Days Sales Outstanding Range Over the Past 10 Years
Min: 168.74 Med: 195.28 Max: 364.01
Current: 301.84

During the past 13 years, Snam SpA's highest Days Sales Outstanding was 364.01. The lowest was 168.74. And the median was 195.28.

LTS:0NQP's Days Sales Outstanding is ranked worse than
96.03% of 504 companies
in the Utilities - Regulated industry
Industry Median: 53.49 vs LTS:0NQP: 301.84

Snam SpA's Days Sales Outstanding increased from Sep. 2022 (222.86) to Sep. 2023 (241.97).

Warning Sign:

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

Snam SpA Days Sales Outstanding Historical Data

The historical data trend for Snam SpA'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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Snam SpA Days Sales Outstanding Chart

Snam SpA Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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168.74

183.49

237.78

364.01

361.25

Snam SpA Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Sales Outstanding	Get a 7-Day Free Trial															408.51	395.57	237.99	241.97	-

Competitive Comparison of Snam SpA's Days Sales Outstanding

For the Utilities - Regulated Gas subindustry, Snam SpA'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.

Snam SpA's Days Sales Outstanding Distribution in the Utilities - Regulated Industry

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

* The bar in red indicates where Snam SpA's Days Sales Outstanding falls into.

Snam SpA 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.

Snam SpA'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
=	( (2729	+	4244)	/	2 )	/	3496	*	365
=	3486.5					/	3496	*	365
=	364.01

Snam SpA's Days Sales Outstanding for the quarter that ended in Sep. 2023 is calculated as:

	Days Sales Outstanding (Q: Sep. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Jun. 2023 )	+	Accounts Receivable (A: Sep. 2023 ))	/	count )	/	Revenue (A: Sep. 2023 )	*	Days in Period
=	( (2848	+	0)	/	1 )	/	1074	*	365 / 4
=	2848					/	1074	*	365 / 4
=	241.97

Snam SpA (LTS:0NQP) Days Sales Outstanding Explanation

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

Snam SpA Days Sales Outstanding Related Terms

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Snam SpA (LTS:0NQP) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Snam SpA (LTS:0NQP) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

SNMRY:USA SRG:Italy SRGm:UK SNM:Germany SRG:Austria

Address

Piazza Santa Barbara, 7, San Donato Milanese, Milan, ITA, 20097

Website

https://www.snam.it

Snam operates a network of about 38,000 kilometers of natural gas pipelines in Italy and abroad. It also holds 17.1% of European gas storage capacity and 6.5 billion cubic meters of LNG regasification capacity. Snam is investing in hydrogen, biofuels, carbon capture and storage, and energy efficiencies to prepare for the energy transition. Snam became independent from Eni in 2012 after the latter sold its stake to Cassa Depositi e Prestiti, a financial institution controlled by the Ministry of Economy and Finance.

Snam SpA (LTS:0NQP) Headlines

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