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Companhia de Eletricidade do Estado da Bahia � Coelba (BSP:CEEB3) Days Sales Outstanding : 84.60 (As of Mar. 2024)


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What is Companhia de Eletricidade do Estado da Bahia � Coelba Days Sales Outstanding?

Companhia de Eletricidade do Estado da Bahia � Coelba's average Accounts Receivable for the three months ended in Mar. 2024 was R$3,354 Mil. Companhia de Eletricidade do Estado da Bahia � Coelba's Revenue for the three months ended in Mar. 2024 was R$3,617 Mil. Hence, Companhia de Eletricidade do Estado da Bahia � Coelba's Days Sales Outstanding for the three months ended in Mar. 2024 was 84.60.

The historical rank and industry rank for Companhia de Eletricidade do Estado da Bahia � Coelba's Days Sales Outstanding or its related term are showing as below:

BSP:CEEB3' s Days Sales Outstanding Range Over the Past 10 Years
Min: 60.68   Med: 65.08   Max: 89.41
Current: 89.41

During the past 13 years, Companhia de Eletricidade do Estado da Bahia � Coelba's highest Days Sales Outstanding was 89.41. The lowest was 60.68. And the median was 65.08.

BSP:CEEB3's Days Sales Outstanding is ranked worse than
75.45% of 505 companies
in the Utilities - Regulated industry
Industry Median: 53.57 vs BSP:CEEB3: 89.41

Companhia de Eletricidade do Estado da Bahia � Coelba's Days Sales Outstanding increased from Mar. 2023 (68.71) to Mar. 2024 (84.60).


Companhia de Eletricidade do Estado da Bahia � Coelba Days Sales Outstanding Historical Data

The historical data trend for Companhia de Eletricidade do Estado da Bahia � Coelba'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.

Companhia de Eletricidade do Estado da Bahia � Coelba Days Sales Outstanding Chart

Companhia de Eletricidade do Estado da Bahia � Coelba Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec21 Dec22 Dec23
Days Sales Outstanding
Get a 7-Day Free Trial Premium Member Only Premium Member Only 63.17 64.27 65.88 80.39 80.32

Companhia de Eletricidade do Estado da Bahia � Coelba Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 68.71 83.84 74.41 126.34 84.60

Competitive Comparison of Companhia de Eletricidade do Estado da Bahia � Coelba's Days Sales Outstanding

For the Utilities - Regulated Electric subindustry, Companhia de Eletricidade do Estado da Bahia � Coelba'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.


Companhia de Eletricidade do Estado da Bahia � Coelba's Days Sales Outstanding Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Companhia de Eletricidade do Estado da Bahia � Coelba's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Companhia de Eletricidade do Estado da Bahia � Coelba's Days Sales Outstanding falls into.



Companhia de Eletricidade do Estado da Bahia � Coelba 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.

Companhia de Eletricidade do Estado da Bahia � Coelba'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
=( (2624 + 3328) / 2 ) / 13524*365
=2976 / 13524*365
=80.32

Companhia de Eletricidade do Estado da Bahia � Coelba'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
=( (3328 + 3379) / 2 ) / 3617*365 / 4
=3353.5 / 3617*365 / 4
=84.60

* 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.


Companhia de Eletricidade do Estado da Bahia � Coelba  (BSP:CEEB3) Days Sales Outstanding Explanation

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


Companhia de Eletricidade do Estado da Bahia � Coelba Days Sales Outstanding Related Terms

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Companhia de Eletricidade do Estado da Bahia � Coelba (BSP:CEEB3) Business Description

Traded in Other Exchanges
Address
Av Edgar Santos 300, Bloco A/1 Andar, Salvador, BA, BRA, 41186900
Companhia de Eletricidade do Estado da Bahia - Coelba is a Neoenergia group that distributes electricity.

Companhia de Eletricidade do Estado da Bahia � Coelba (BSP:CEEB3) Headlines

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