Taqa Morocco (CAS:TQM) Days Sales Outstanding : 69.94 (As of Jun. 2023)

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What is Taqa Morocco Days Sales Outstanding?

Taqa Morocco's average Accounts Receivable for the six months ended in Jun. 2023 was MAD2,854 Mil. Taqa Morocco's Revenue for the six months ended in Jun. 2023 was MAD7,448 Mil. Hence, Taqa Morocco's Days Sales Outstanding for the six months ended in Jun. 2023 was 69.94.

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

CAS:TQM' s Days Sales Outstanding Range Over the Past 10 Years
Min: 62.32 Med: 73.43 Max: 79.06
Current: 65.74

During the past 13 years, Taqa Morocco's highest Days Sales Outstanding was 79.06. The lowest was 62.32. And the median was 73.43.

CAS:TQM's Days Sales Outstanding is ranked worse than
50.12% of 407 companies
in the Utilities - Independent Power Producers industry
Industry Median: 65.74 vs CAS:TQM: 65.74

Taqa Morocco's Days Sales Outstanding increased from Jun. 2022 (65.48) to Jun. 2023 (69.94).

Taqa Morocco Days Sales Outstanding Historical Data

The historical data trend for Taqa Morocco'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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Taqa Morocco Days Sales Outstanding Chart

Taqa Morocco Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Days Sales Outstanding

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71.99

71.93

76.26

72.41

62.32

Taqa Morocco Semi-Annual Data
	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23
Days Sales Outstanding	Get a 7-Day Free Trial															64.09	59.92	65.48	63.52	69.94

Competitive Comparison of Taqa Morocco's Days Sales Outstanding

For the Utilities - Independent Power Producers subindustry, Taqa Morocco'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.

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

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

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

Taqa Morocco 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.

Taqa Morocco's Days Sales Outstanding for the fiscal year that ended in Dec. 2022 is calculated as

	Days Sales Outstanding (A: Dec. 2022 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Dec. 2021 )	+	Accounts Receivable (A: Dec. 2022 ))	/	count )	/	Revenue (A: Dec. 2022 )	*	Days in Period
=	( (1762.562	+	2884.008)	/	2 )	/	13606.598	*	365
=	2323.285					/	13606.598	*	365
=	62.32

Taqa Morocco's Days Sales Outstanding for the quarter that ended in Jun. 2023 is calculated as:

	Days Sales Outstanding (Q: Jun. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Dec. 2022 )	+	Accounts Receivable (A: Jun. 2023 ))	/	count )	/	Revenue (A: Jun. 2023 )	*	Days in Period
=	( (2884.008	+	2824.766)	/	2 )	/	7448.283	*	365 / 2
=	2854.387					/	7448.283	*	365 / 2
=	69.94

Taqa Morocco (CAS:TQM) Days Sales Outstanding Explanation

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

Taqa Morocco Days Sales Outstanding Related Terms

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Taqa Morocco (CAS:TQM) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » Taqa Morocco SA (CAS:TQM) » Definitions » Days Sales Outstanding

Traded in Other Exchanges

N/A

Address

B.P. 99 - Sidi Bouzid, PK23, Route regionale 301, Centrale Thermique de Jorf Lasfar, Commune Moulay Abdellah, El Jadida, MAR

Website

https://www.taqamorocco.ma

Taqa Morocco SA is a producer of electricity in Morocco. The company provides associated activities in the oil and gas sectors, the storage of the oil and gas products, electricity and water as well as transport infrastructure across Canada, Ghana, India, Iraq, Morocco, the Netherlands, Oman, Saudi Arabia, the United Arab Emirates, the United Kingdom, and the United States.

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