SWX (Southwest Gas Holdings) Days Sales Outstanding: 36.61 (As of Jun. 2026) — 32% Below Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

SWX Southwest Gas Holdings Inc SWX
65 GF Score
Price $92.09
GF Value $53.66
Valuation Significantly Overvalued
! 9 Warning Signs
View Full Analysis

What is Southwest Gas Holdings Days Sales Outstanding?

Southwest Gas Holdings SWX -0.34% 65 Days Sales Outstanding is 36.61 as of Jun. 2026, which is 32% below its 10-year median of 53.54. GuruFocus rates SWX with a GF Score™ of 65/100 and a GF Value™ of $53.66 (Significantly Overvalued). The stock has 9 warning signs investors should review. Among 495 Utilities - Regulated companies, Southwest Gas Holdings ranks worse than 50.91% on this metric.

Southwest Gas Holdings's average Accounts Receivable for the three months ended in Jun. 2026 was $144 Mil. Southwest Gas Holdings's Revenue for the three months ended in Jun. 2026 was $358 Mil. Hence, Southwest Gas Holdings's Days Sales Outstanding for the three months ended in Jun. 2026 was 36.61.

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

SWX' s Days Sales Outstanding Range Over the Past 10 Years
Min: 35.14   Med: 53.54   Max: 126.2
Current: 53.42

During the past 13 years, Southwest Gas Holdings's highest Days Sales Outstanding was 126.20. The lowest was 35.14. And the median was 53.54.

SWX's Days Sales Outstanding is ranked worse than
50.91% of 495 companies
in the Utilities - Regulated industry
Industry Median: 52.6 vs SWX: 53.42

Southwest Gas Holdings's Days Sales Outstanding declined from Jun. 2025 (161.07) to Jun. 2026 (36.61).


Southwest Gas Holdings  (NYSE:SWX) Days Sales Outstanding Explanation

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


Southwest Gas Holdings Days Sales Outstanding Related Terms


Southwest Gas Holdings Days Sales Outstanding Historical Data

* Premium members only.

The historical data trend for Southwest Gas Holdings'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.

Southwest Gas Holdings Days Sales Outstanding Chart

Southwest Gas Holdings Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Days Sales Outstanding
Get a 7-Day Free Trial Premium Member Only Premium Member Only 60.96 57.89 126.20 80.33 35.14

Southwest Gas Holdings Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Days Sales Outstanding Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 161.07 117.46 26.69 26.46 36.61

SWX vs NJR, BKH, UGI: Days Sales Outstanding Comparison

For the Utilities - Regulated Gas subindustry, Southwest Gas Holdings'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.


Southwest Gas Holdings Days Sales Outstanding vs Utilities - Regulated Industry

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

* The bar in red indicates where Southwest Gas Holdings's Days Sales Outstanding falls into.


SWX
65GF Score
Southwest Gas Holdings Inc SWX
Days Sales Outstanding is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Southwest Gas Holdings 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.

Southwest Gas Holdings's Days Sales Outstanding for the fiscal year that ended in Dec. 2025 is calculated as

Days Sales Outstanding (A: Dec. 2025 )
=Average Accounts Receivable /Revenue*Days in Period
=( (Accounts Receivable (A: Dec. 2024 ) + Accounts Receivable (A: Dec. 2025 )) / count ) / Revenue (A: Dec. 2025 )*Days in Period
=( (203.012 + 170.601) / 2 ) / 1940.38*365
=186.8065 / 1940.38*365
=35.14

Southwest Gas Holdings's Days Sales Outstanding for the quarter that ended in Jun. 2026 is calculated as:

Days Sales Outstanding (Q: Jun. 2026 )
=Average Accounts Receivable /Revenue*Days in Period
=( (Accounts Receivable (A: Mar. 2026 ) + Accounts Receivable (A: Jun. 2026 )) / count ) / Revenue (A: Jun. 2026 )*Days in Period
=( (168.79 + 118.579) / 2 ) / 358.154*365 / 4
=143.6845 / 358.154*365 / 4
=36.61

* 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.

Frequently Asked Questions Learn more about Days Sales Outstanding →
What does a Days Sales Outstanding of 36.61 mean?
Southwest Gas Holdings (SWX) has a Days Sales Outstanding of 36.61 as of Jun. 2026. Days sales outstanding represents the average amount of days a company takes to collect receivables. View historical data on Southwest Gas Holdings and its competitors. This is 32% below median its historical median of 53.54. Over the past decade, Southwest Gas Holdings' Days Sales Outstanding has ranged from 35.14 to 126.20. According to the industry distribution chart, Southwest Gas Holdings ranks #252 out of 495 companies in the Utilities - Regulated industry, placing it in the top 50.9%.
Is Southwest Gas Holdings' Days Sales Outstanding too high?
Southwest Gas Holdings' current Days Sales Outstanding of 36.61 is 32% below median its 10-year median of 53.54. Over the past 10 years, this metric has ranged from a low of 35.14 to a high of 126.20. The Utilities - Regulated industry median Days Sales Outstanding is 52.60. Southwest Gas Holdings' value of 36.61 is 30.4% below this industry median. Based on the distribution chart, Southwest Gas Holdings ranks #252 out of 495 companies in the Utilities - Regulated industry, which is below the industry midpoint. Overall, Southwest Gas Holdings has a GF Score™ of 65/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Southwest Gas Holdings' Days Sales Outstanding compare to NJR and BKH?
According to the Utilities - Regulated industry distribution chart, Southwest Gas Holdings ranks #252 out of 495 companies for Days Sales Outstanding. This places Southwest Gas Holdings in the lower half of its industry. The industry median Days Sales Outstanding is 52.60. Southwest Gas Holdings' value of 36.61 is 30.4% below this benchmark. Historically, Southwest Gas Holdings' own Days Sales Outstanding has ranged from 35.14 to 126.20 over the past decade. While the company's 10-year median is 53.54 vs. the industry median of 52.60, Southwest Gas Holdings has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Days Sales Outstanding for an Utilities - Regulated company?
The median Days Sales Outstanding among Utilities - Regulated companies is 52.60, based on 495 companies in the industry. Companies in the top quartile (top 25%) have a Days Sales Outstanding significantly above this median, while those in the bottom quartile fall well below. However, Days Sales Outstanding should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Southwest Gas Holdings's current Days Sales Outstanding of 36.61 is 30.4% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Days Sales Outstanding mean?
A high Days Sales Outstanding can signal that a stock is expensive relative to its fundamentals. Days sales outstanding represents the average amount of days a company takes to collect receivables. View historical data on Southwest Gas Holdings and its competitors. For the Utilities - Regulated industry, the median Days Sales Outstanding is 52.60 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Southwest Gas Holdings's current Days Sales Outstanding is 36.61, which is 32% below median its own 10-year median of 53.54. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Southwest Gas Holdings stock overvalued right now?
Based on GuruFocus' analysis, Southwest Gas Holdings (SWX) is currently considered Significantly Overvalued. The stock's GF Value™ is $53.66, compared to a current price of $92.09 — trading 71.6% above its estimated fair value. The current Days Sales Outstanding is 36.61, which is 32% below median its 10-year median of 53.54 and 30.4% below the Utilities - Regulated industry median of 52.60. Southwest Gas Holdings' overall GF Score™ is 65/100 with 9 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Days Sales Outstanding calculated?
Days Sales Outstanding is calculated from a company's financial statements. For Southwest Gas Holdings (SWX), the current Days Sales Outstanding is 36.61 as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Southwest Gas Holdings (SWX) Overvalued in 2026?

Based on GuruFocus' analysis, Southwest Gas Holdings stock appears to be overvalued. The current stock price of $92.09 is trading 71.6% above its estimated GF Value™ of $53.66. GuruFocus considers Southwest Gas Holdings to be Significantly Overvalued.

Key valuation signals for SWX:

  • Days Sales Outstanding: 36.61 (32% below median its 10-year median of 53.54)
  • GF Value™: $53.66 vs. price of $92.09 (71.6% above fair value)
  • GF Score™: 65/100 with 9 warning signs
  • Industry Position: 30.4% below the Utilities - Regulated median (#252 of 495)

No single metric tells the full story. See the SWX stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Southwest Gas Holdings Business Description

Address 8360 South Durango Drive, Post Office Box 98510, Las Vegas, NV, USA, 89113
Southwest Gas Holdings Inc is a utility company engaged in the purchasing, distributing, and transporting of natural gas in the American Southwest. The company segments its activities into natural gas distribution segment. The Natural gas distribution segment encompasses the company's core natural gas business as distributors in the states of Arizona and Nevada. Its division is responsible for roughly half of Southwest Gas' total revenue through the sale of natural gas to mainly residential and small commercial customers.
65GF Score

Get the complete analysis for SWX

Days Sales Outstanding is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$92.09
Price
$53.66
GF Value