MGE Energy (FRA:MG1) Days Sales Outstanding : 21.92 (As of Mar. 2024)

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What is MGE Energy Days Sales Outstanding?

MGE Energy's average Accounts Receivable for the three months ended in Mar. 2024 was €42.3 Mil. MGE Energy's Revenue for the three months ended in Mar. 2024 was €176.0 Mil. Hence, MGE Energy's Days Sales Outstanding for the three months ended in Mar. 2024 was 21.92.

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

FRA:MG1' s Days Sales Outstanding Range Over the Past 10 Years
Min: 25.22 Med: 26.5 Max: 28
Current: 25.22

During the past 13 years, MGE Energy's highest Days Sales Outstanding was 28.00. The lowest was 25.22. And the median was 26.50.

FRA:MG1's Days Sales Outstanding is ranked better than
89.29% of 504 companies
in the Utilities - Regulated industry
Industry Median: 53.495 vs FRA:MG1: 25.22

MGE Energy's Days Sales Outstanding declined from Mar. 2023 (22.81) to Mar. 2024 (21.92).

MGE Energy Days Sales Outstanding Historical Data

The historical data trend for MGE 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.

* Premium members only.

MGE Energy Days Sales Outstanding Chart

MGE Energy Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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26.65

29.04

25.47

25.22

27.43

MGE Energy Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Sales Outstanding	Get a 7-Day Free Trial															22.81	29.06	23.94	25.36	21.92

Competitive Comparison of MGE Energy's Days Sales Outstanding

For the Utilities - Regulated Electric subindustry, MGE 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.

MGE Energy's Days Sales Outstanding Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, MGE Energy's Days Sales Outstanding distribution charts can be found below:

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

MGE 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.

MGE 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
=	( (52.304	+	42.855)	/	2 )	/	633.125	*	365
=	47.5795					/	633.125	*	365
=	27.43

MGE Energy'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
=	( (42.855	+	41.715)	/	2 )	/	176.029	*	365 / 4
=	42.285					/	176.029	*	365 / 4
=	21.92

MGE Energy (FRA:MG1) Days Sales Outstanding Explanation

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

MGE Energy Days Sales Outstanding Related Terms

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MGE Energy (FRA:MG1) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » MGE Energy Inc (FRA:MG1) » Definitions » Days Sales Outstanding

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PNM POR HE IDA GNE VIA SUME OGE PNW EVRG NEE SO DUK LSE:NG. AEP PCG D BOM:532555 EXC PEG

Traded in Other Exchanges

MGEE:USA

Address

133 South Blair Street, Madison, WI, USA, 53788

Website

https://www.mgeenergy.com

MGE Energy Inc is a U.S. public utilities holding company based in Wisconsin. The firm generates, purchases, and distributes electricity and natural gas, and also provides transmission services, the company generates electricity from coal and purchased power, but also from natural gas, fuel oil, and renewable sources. MGE operates through five segments, which include Regulated electric utility operations, Regulated gas utility operations, Non-regulated energy operations, Transmission investments, and All other segment which includes investing in companies and property and financing the regulated operations. The majority of electric retail revenue is derived from commercial consumers whereas the majority of natural gas revenue is derived from residential consumers.

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