Hera SpA (MIL:HER) Days Sales Outstanding : 54.67 (As of Dec. 2023)

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What is Hera SpA Days Sales Outstanding?

Hera SpA's average Accounts Receivable for the three months ended in Dec. 2023 was €2,410 Mil. Hera SpA's Revenue for the three months ended in Dec. 2023 was €4,022 Mil. Hence, Hera SpA's Days Sales Outstanding for the three months ended in Dec. 2023 was 54.67.

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

MIL:HER' s Days Sales Outstanding Range Over the Past 10 Years
Min: 26.61 Med: 61.78 Max: 75.07
Current: 58.07

During the past 13 years, Hera SpA's highest Days Sales Outstanding was 75.07. The lowest was 26.61. And the median was 61.78.

MIL:HER's Days Sales Outstanding is ranked worse than
55.25% of 505 companies
in the Utilities - Regulated industry
Industry Median: 53.57 vs MIL:HER: 58.07

Hera SpA's Days Sales Outstanding increased from Dec. 2022 (36.78) to Dec. 2023 (54.67).

Hera SpA Days Sales Outstanding Historical Data

The historical data trend for Hera SpA'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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Hera SpA Days Sales Outstanding Chart

Hera SpA Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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60.54

58.45

42.89

26.61

48.00

Hera SpA Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Sales Outstanding	Get a 7-Day Free Trial															36.78	38.49	95.66	81.12	54.67

Competitive Comparison of Hera SpA's Days Sales Outstanding

For the Utilities - Diversified subindustry, Hera SpA'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.

Hera SpA's Days Sales Outstanding Distribution in the Utilities - Regulated Industry

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

* The bar in red indicates where Hera SpA's Days Sales Outstanding falls into.

Hera SpA 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.

Hera SpA'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
=	( (1499.1	+	2439.8)	/	2 )	/	14976.8	*	365
=	1969.45					/	14976.8	*	365
=	48.00

Hera SpA'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
=	( (2379.3	+	2439.8)	/	2 )	/	4021.8	*	365 / 4
=	2409.55					/	4021.8	*	365 / 4
=	54.67

Hera SpA (MIL:HER) Days Sales Outstanding Explanation

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

Hera SpA Days Sales Outstanding Related Terms

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Hera SpA (MIL:HER) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Hera SpA (MIL:HER) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

HERm:UK 0NVV:UK HE9:Germany

Address

Viale Carlo Berti Pichat nr. 2/4, Bologna, ITA, 40127

Website

https://www.gruppohera.it

Hera SpA is Italian energy and utilities holding company. As a holding company, Hera is a combination of public-service companies built into a single multi-utility entity. The company operates in environmental services (waste collection and treatment); energy services (distribution and sale of electricity and gas); and water services (waterworks, sewerage, and purification). Primarily, Hera operates in the provinces of Bologna, Rimini, Ravenna-Lugo, Forli-Cesena, and Imola-Faenza in northern Italy.

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