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Boralex (Boralex) Days Sales Outstanding : 50.27 (As of Dec. 2023)


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What is Boralex Days Sales Outstanding?

Boralex's average Accounts Receivable for the three months ended in Dec. 2023 was $133.0 Mil. Boralex's Revenue for the three months ended in Dec. 2023 was $241.5 Mil. Hence, Boralex's Days Sales Outstanding for the three months ended in Dec. 2023 was 50.27.

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

BRLXF' s Days Sales Outstanding Range Over the Past 10 Years
Min: 49.55   Med: 72.6   Max: 89.38
Current: 69.69

During the past 13 years, Boralex's highest Days Sales Outstanding was 89.38. The lowest was 49.55. And the median was 72.60.

BRLXF's Days Sales Outstanding is ranked worse than
52.96% of 406 companies
in the Utilities - Independent Power Producers industry
Industry Median: 65.26 vs BRLXF: 69.69

Boralex's Days Sales Outstanding declined from Dec. 2022 (53.94) to Dec. 2023 (50.27).


Boralex Days Sales Outstanding Historical Data

The historical data trend for Boralex'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.

Boralex Days Sales Outstanding Chart

Boralex Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Sales Outstanding
Get a 7-Day Free Trial Premium Member Only Premium Member Only 76.07 88.17 80.52 85.37 83.41

Boralex 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 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 53.94 72.68 78.38 67.56 50.27

Competitive Comparison of Boralex's Days Sales Outstanding

For the Utilities - Renewable subindustry, Boralex'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.


Boralex's Days Sales Outstanding Distribution in the Utilities - Independent Power Producers Industry

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

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



Boralex 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.

Boralex'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
=( (172.249 + 175.909) / 2 ) / 761.777*365
=174.079 / 761.777*365
=83.41

Boralex's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

Days Sales Outstanding (Q: Dec. 2023 )
=Average Accounts Receivable /Revenue*Days in Period
=( (Accounts Receivable (A: Sep. 2023 ) + Accounts Receivable (A: Dec. 2023 )) / count ) / Revenue (A: Dec. 2023 )*Days in Period
=( (90.163 + 175.909) / 2 ) / 241.503*365 / 4
=133.036 / 241.503*365 / 4
=50.27

* 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.


Boralex  (OTCPK:BRLXF) Days Sales Outstanding Explanation

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


Boralex Days Sales Outstanding Related Terms

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Boralex (Boralex) Business Description

Traded in Other Exchanges
Address
36, Rue Lajeunesse, Juridique, Kingsey Falls, QC, CAN, J0A 1B0
Boralex is a power producer whose core business is dedicated to the development and operation of renewable energy power stations in Canada, France, the United States and the United Kingdom. Boralex owns power generation assets across four technologies: wind, solar, hydroelectric, and thermal. Substantially all of its operating assets are subject to indexed fixed-price energy sales contracts.