OPAL Fuels (OPAL Fuels) Days Sales Outstanding : 35.42 (As of Mar. 2024)

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What is OPAL Fuels Days Sales Outstanding?

OPAL Fuels's average Accounts Receivable for the three months ended in Mar. 2024 was $25.2 Mil. OPAL Fuels's Revenue for the three months ended in Mar. 2024 was $65.0 Mil. Hence, OPAL Fuels's Days Sales Outstanding for the three months ended in Mar. 2024 was 35.42.

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

OPAL' s Days Sales Outstanding Range Over the Past 10 Years
Min: 41.76 Med: 47.91 Max: 68.23
Current: 41.76

During the past 5 years, OPAL Fuels's highest Days Sales Outstanding was 68.23. The lowest was 41.76. And the median was 47.91.

OPAL's Days Sales Outstanding is ranked better than
64.09% of 504 companies
in the Utilities - Regulated industry
Industry Median: 53.495 vs OPAL: 41.76

OPAL Fuels's Days Sales Outstanding declined from Mar. 2023 (64.85) to Mar. 2024 (35.42).

OPAL Fuels Days Sales Outstanding Historical Data

The historical data trend for OPAL Fuels'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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OPAL Fuels Days Sales Outstanding Chart

OPAL Fuels Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

68.23

52.06

43.76

41.83

OPAL Fuels Quarterly Data
	Dec19	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Sales Outstanding	Get a 7-Day Free Trial										64.85	47.08	37.10	30.74	35.42

Competitive Comparison of OPAL Fuels's Days Sales Outstanding

For the Utilities - Regulated Gas subindustry, OPAL Fuels'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.

OPAL Fuels's Days Sales Outstanding Distribution in the Utilities - Regulated Industry

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

* The bar in red indicates where OPAL Fuels's Days Sales Outstanding falls into.

OPAL Fuels 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.

OPAL Fuels'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
=	( (31.083	+	27.623)	/	2 )	/	256.108	*	365
=	29.353					/	256.108	*	365
=	41.83

OPAL Fuels'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
=	( (27.623	+	22.805)	/	2 )	/	64.952	*	365 / 4
=	25.214					/	64.952	*	365 / 4
=	35.42

OPAL Fuels (NAS:OPAL) Days Sales Outstanding Explanation

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

OPAL Fuels Days Sales Outstanding Related Terms

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OPAL Fuels (OPAL Fuels) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » OPAL Fuels Inc (NAS:OPAL) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

One North Lexington Avenue, Suite 1450, White Plains, NY, USA, 10601

Website

https://www.opalfuels.com

OPAL Fuels Inc is a fully integrated, nationwide leader in the production and distribution of low-carbon intensity renewable natural gas. The company's vertical waste-to-energy model combines the upstream production and downstream marketing and distribution of RNG, delivering a scalable, low-cost solution to decarbonize heavy-duty transportation and other industrial markets.