Enlight Renewable Energy (XTAE:ENLT) Days Sales Outstanding : 51.53 (As of Mar. 2024)

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What is Enlight Renewable Energy Days Sales Outstanding?

Enlight Renewable Energy's average Accounts Receivable for the three months ended in Mar. 2024 was ₪188 Mil. Enlight Renewable Energy's Revenue for the three months ended in Mar. 2024 was ₪332 Mil. Hence, Enlight Renewable Energy's Days Sales Outstanding for the three months ended in Mar. 2024 was 51.53.

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

XTAE:ENLT' s Days Sales Outstanding Range Over the Past 10 Years
Min: 11.71 Med: 33.83 Max: 119.67
Current: 55.42

During the past 13 years, Enlight Renewable Energy's highest Days Sales Outstanding was 119.67. The lowest was 11.71. And the median was 33.83.

XTAE:ENLT's Days Sales Outstanding is ranked better than
58.58% of 408 companies
in the Utilities - Independent Power Producers industry
Industry Median: 66.365 vs XTAE:ENLT: 55.42

Enlight Renewable Energy's Days Sales Outstanding declined from Mar. 2023 (53.00) to Mar. 2024 (51.53).

Enlight Renewable Energy Days Sales Outstanding Historical Data

The historical data trend for Enlight Renewable Energy'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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Enlight Renewable Energy Days Sales Outstanding Chart

Enlight Renewable Energy Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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12.47

11.71

35.61

54.82

59.18

Enlight Renewable Energy 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															53.00	62.46	50.16	48.14	51.53

Competitive Comparison of Enlight Renewable Energy's Days Sales Outstanding

For the Utilities - Renewable subindustry, Enlight Renewable Energy'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.

Enlight Renewable Energy's Days Sales Outstanding Distribution in the Utilities - Independent Power Producers Industry

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

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

Enlight Renewable Energy 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.

Enlight Renewable Energy'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
=	( (146.262	+	158.301)	/	2 )	/	939.164	*	365
=	152.2815					/	939.164	*	365
=	59.18

Enlight Renewable Energy'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
=	( (158.301	+	216.708)	/	2 )	/	332.018	*	365 / 4
=	187.5045					/	332.018	*	365 / 4
=	51.53

Enlight Renewable Energy (XTAE:ENLT) Days Sales Outstanding Explanation

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

Enlight Renewable Energy Days Sales Outstanding Related Terms

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Enlight Renewable Energy (XTAE:ENLT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » Enlight Renewable Energy Ltd (XTAE:ENLT) » Definitions » Days Sales Outstanding

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Traded in Other Exchanges

ENLT:USA

Address

13 Amal Street, P.O. Box 11659, Afek Industrial Park, Rosh Haayin, ISR, 4809249

Website

https://www.enlightenergy.co.il

Enlight Renewable Energy Ltd is a green energy company. It specializes in initiating, developing, financing, constructing, managing, and operating electricity production projects involved in generating electricity from renewable energy sources. It also provides installation services. The company's segments are Photovoltaic Israel, Israel wind, Eastern Europe wind, Eastern Europe Photovoltaic, Western Europe wind energy, and Management and construction. The company generates the majority of its revenue from its Photovoltaic business in Israel and Eastern Europe.