Alternus Clean Energy (Alternus Clean Energy) Days Sales Outstanding : 36.22 (As of Dec. 2023)

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What is Alternus Clean Energy Days Sales Outstanding?

Alternus Clean Energy's average Accounts Receivable for the six months ended in Dec. 2023 was $1.99 Mil. Alternus Clean Energy's Revenue for the six months ended in Dec. 2023 was $20.08 Mil. Hence, Alternus Clean Energy's Days Sales Outstanding for the six months ended in Dec. 2023 was 18.11.

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

ALCE' s Days Sales Outstanding Range Over the Past 10 Years
Min: 36.22 Med: 79.8 Max: 85.56
Current: 36.22

During the past 3 years, Alternus Clean Energy's highest Days Sales Outstanding was 85.56. The lowest was 36.22. And the median was 79.80.

ALCE's Days Sales Outstanding is ranked better than
77.4% of 407 companies
in the Utilities - Independent Power Producers industry
Industry Median: 65.74 vs ALCE: 36.22

Alternus Clean Energy's Days Sales Outstanding declined from Dec. 2021 (79.80) to Dec. 2023 (36.22).

Alternus Clean Energy Days Sales Outstanding Historical Data

The historical data trend for Alternus Clean 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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Alternus Clean Energy Days Sales Outstanding Chart

Alternus Clean Energy Annual Data

Trend

Dec21

Dec22

Dec23

Days Sales Outstanding

79.80

85.56

36.22

Alternus Clean Energy Semi-Annual Data
	Dec21	Dec22	Dec23
Days Sales Outstanding	79.80	85.56	36.22

Competitive Comparison of Alternus Clean Energy's Days Sales Outstanding

For the Utilities - Renewable subindustry, Alternus Clean 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.

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

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

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

Alternus Clean 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.

Alternus Clean 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
=	( (3.335	+	0.651)	/	2 )	/	20.084	*	365
=	1.993					/	20.084	*	365
=	36.22

Alternus Clean Energy'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: Dec. 2022 )	+	Accounts Receivable (A: Dec. 2023 ))	/	count )	/	Revenue (A: Dec. 2023 )	*	Days in Period
=	( (3.335	+	0.651)	/	2 )	/	20.084	*	365 / 2
=	1.993					/	20.084	*	365 / 2
=	18.11

Alternus Clean Energy (NAS:ALCE) 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 Clean Energy Days Sales Outstanding Related Terms

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Alternus Clean Energy (Alternus Clean Energy) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » Alternus Clean Energy Inc (NAS:ALCE) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

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

Website

https://www.alternusenergy.com

Alternus Clean Energy Inc is an international independent clean energy producer. It develops, installs, owns and operates a diverse portfolio of utility-scale solar photovoltaic power stations (PV parks) in Europe and in the USA as a long-term owner. The solar parks benefit from long-term government offtake contracts and/or Power Purchase Agreements (PPAs) with investment grade off-takers, plus energy sales to local power grids.

Alternus Clean Energy (Alternus Clean Energy) Headlines

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