Alternus Energy Group (OSL:ALT) Days Sales Outstanding : 49.83 (As of Sep. 2023)

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What is Alternus Energy Group Days Sales Outstanding?

Alternus Energy Group's average Accounts Receivable for the three months ended in Sep. 2023 was kr61.4 Mil. Alternus Energy Group's Revenue for the three months ended in Sep. 2023 was kr112.4 Mil. Hence, Alternus Energy Group's Days Sales Outstanding for the three months ended in Sep. 2023 was 49.83.

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

OSL:ALT' s Days Sales Outstanding Range Over the Past 10 Years
Min: 35.53 Med: 55.16 Max: 6554.62
Current: 250.52

During the past 5 years, Alternus Energy Group's highest Days Sales Outstanding was 6554.62. The lowest was 35.53. And the median was 55.16.

OSL:ALT's Days Sales Outstanding is ranked worse than
87.01% of 408 companies
in the Utilities - Independent Power Producers industry
Industry Median: 66.365 vs OSL:ALT: 250.52

Alternus Energy Group's Days Sales Outstanding declined from Jun. 2022 (82.61) to Sep. 2023 (49.83).

Alternus Energy Group Days Sales Outstanding Historical Data

The historical data trend for Alternus Energy Group'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.

Alternus Energy Group Days Sales Outstanding Chart

Alternus Energy Group Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Days Sales Outstanding

43.21

35.53

6,554.62

55.16

65.38

Alternus Energy Group Quarterly Data
	Dec18	Dec19	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Jun23	Sep23
Days Sales Outstanding	Get a 7-Day Free Trial										82.61	61.57	-	-	49.83

Competitive Comparison of Alternus Energy Group's Days Sales Outstanding

For the Utilities - Renewable subindustry, Alternus Energy Group'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.

Alternus Energy Group's Days Sales Outstanding Distribution in the Utilities - Independent Power Producers Industry

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

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

Alternus Energy Group 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.

Alternus Energy Group'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
=	( (48.417	+	55.536)	/	2 )	/	290.159	*	365
=	51.9765					/	290.159	*	365
=	65.38

Alternus Energy Group'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
=	( (73.437	+	49.301)	/	2 )	/	112.373	*	365 / 4
=	61.369					/	112.373	*	365 / 4
=	49.83

Alternus Energy Group (OSL:ALT) Days Sales Outstanding Explanation

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

Alternus Energy Group Days Sales Outstanding Related Terms

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Alternus Energy Group (OSL:ALT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » Alternus Energy Group PLC (OSL:ALT) » Definitions » Days Sales Outstanding

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Traded in Other Exchanges

ALTNF:USA

Address

Blanchardstown Corporate Park 2, Suite 9-10 Plaza 212, Dublin, IRL, D15 R504

Website

https://www.alternusenergy.com

Alternus Energy Group PLC is an independent power producer of green energy. It develops, owns, and operates Utility-Scale Solar projects across Europe. The company's solar PV parks produce clean green energy and replace polluting greenhouse gas-emitting and fossil fuel-based energy. Its current portfolio consists of renewable energy facilities that are generally contracted under long-term Country Renewable Programs (FIT programs) or Energy Offtake Agreements (PPAs/VPPAs) with creditworthy counterparties.