Italgas SpA (MIL:IG) Days Sales Outstanding : 54.40 (As of Jun. 2023)

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What is Italgas SpA Days Sales Outstanding?

Italgas SpA's average Accounts Receivable for the six months ended in Jun. 2023 was €379 Mil. Italgas SpA's Revenue for the six months ended in Jun. 2023 was €1,271 Mil. Hence, Italgas SpA's Days Sales Outstanding for the six months ended in Jun. 2023 was 54.40.

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

MIL:IG' s Days Sales Outstanding Range Over the Past 10 Years
Min: 57.33 Med: 86.57 Max: 613.55
Current: 515.49

During the past 8 years, Italgas SpA's highest Days Sales Outstanding was 613.55. The lowest was 57.33. And the median was 86.57.

MIL:IG's Days Sales Outstanding is ranked worse than
98.21% of 504 companies
in the Utilities - Regulated industry
Industry Median: 53.835 vs MIL:IG: 515.49

Italgas SpA's Days Sales Outstanding increased from Jun. 2022 (49.37) to Jun. 2023 (54.40).

Italgas SpA Days Sales Outstanding Historical Data

The historical data trend for Italgas 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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Italgas SpA Days Sales Outstanding Chart

Italgas SpA Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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86.57

81.59

72.80

57.33

728.87

Italgas SpA Semi-Annual Data
	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Sales Outstanding	Get a 7-Day Free Trial										47.36	49.37	37.02	54.40	1,232.47

Competitive Comparison of Italgas SpA's Days Sales Outstanding

For the Utilities - Regulated Gas subindustry, Italgas 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.

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

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

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

Italgas 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.

Italgas SpA'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
=	( (388.614	+	315.708)	/	2 )	/	2242.269	*	365
=	352.161					/	2242.269	*	365
=	57.33

Italgas SpA'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
=	( (315.708	+	441.806)	/	2 )	/	1270.742	*	365 / 2
=	378.757					/	1270.742	*	365 / 2
=	54.40

Italgas SpA (MIL:IG) Days Sales Outstanding Explanation

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

Italgas SpA Days Sales Outstanding Related Terms

Thank you for viewing the detailed overview of Italgas SpA's Days Sales Outstanding provided by GuruFocus.com. Please click on the following links to see related term pages.

Italgas SpA (MIL:IG) Business Description

Industry

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

Comparable Companies

Traded in Other Exchanges

ITGGF:USA IGm:UK 0RK1:UK I10:Germany

Address

Via Carlo Bo 11, Milano, ITA, 20143

Website

https://www.italgas.it

Italgas SpA is an Italy-based company engaged in the business of natural gas distribution. The distribution service consists of transporting gas through local pipeline networks, from points of delivery at the reduction and measurement stations interconnected with the transport networks up to the final delivery points to customers. In addition, the company is also engaged in metering activities, which consist of determining, gathering, making available, and archiving metering data on natural gas withdrawn over the distribution networks. It derives a majority of the revenue from natural gas distribution activity. The other activities of the company are the distribution and sale of water and providing technical, engineering, IT assistance, and other services.

Italgas SpA (MIL:IG) Headlines

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