Clover Power PCL (BKK:CV) Days Sales Outstanding : 99.07 (As of Dec. 2023)

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What is Clover Power PCL Days Sales Outstanding?

Clover Power PCL's average Accounts Receivable for the three months ended in Dec. 2023 was ฿175 Mil. Clover Power PCL's Revenue for the three months ended in Dec. 2023 was ฿161 Mil. Hence, Clover Power PCL's Days Sales Outstanding for the three months ended in Dec. 2023 was 99.07.

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

BKK:CV' s Days Sales Outstanding Range Over the Past 10 Years
Min: 13.56 Med: 29.54 Max: 55.24
Current: 52.76

During the past 5 years, Clover Power PCL's highest Days Sales Outstanding was 55.24. The lowest was 13.56. And the median was 29.54.

BKK:CV's Days Sales Outstanding is ranked better than
61.92% of 407 companies
in the Utilities - Independent Power Producers industry
Industry Median: 65.48 vs BKK:CV: 52.76

Clover Power PCL's Days Sales Outstanding increased from Dec. 2022 (38.22) to Dec. 2023 (99.07).

Clover Power PCL Days Sales Outstanding Historical Data

The historical data trend for Clover Power PCL'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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Clover Power PCL Days Sales Outstanding Chart

Clover Power PCL Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

13.56

27.00

32.07

55.24

Clover Power PCL Quarterly Data
	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Sales Outstanding	Get a 7-Day Free Trial										38.22	29.64	41.54	57.27	99.07

Competitive Comparison of Clover Power PCL's Days Sales Outstanding

For the Utilities - Renewable subindustry, Clover Power PCL'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.

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

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

* The bar in red indicates where Clover Power PCL's Days Sales Outstanding falls into.

Clover Power PCL 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.

Clover Power PCL'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
=	( (164.106	+	148.039)	/	2 )	/	1031.173	*	365
=	156.0725					/	1031.173	*	365
=	55.24

Clover Power PCL'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
=	( (201.362	+	148.039)	/	2 )	/	160.91	*	365 / 4
=	174.7005					/	160.91	*	365 / 4
=	99.07

Clover Power PCL (BKK:CV) Days Sales Outstanding Explanation

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

Clover Power PCL Days Sales Outstanding Related Terms

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Clover Power PCL (BKK:CV) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » Clover Power PCL (BKK:CV) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 159 Soi Rama 9 57/1 (Wisetsuk 2), Phatthanakan Subdistrict, Suan Luang District, Bangkok, THA, 10250

Website

https://www.cloverpower.co.th

Clover Power PCL operates as a fully integrated renewable energy business. Its business is classified into three main divisions namely power generation and distribution business, engineering service business and renewable energy business. The Group operates in three geographic areas which are Thailand, Australia, and Vietnam.

Clover Power PCL (BKK:CV) Headlines

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