ReNew Energy Global (ReNew Energy Global) Days Sales Outstanding : 98.87 (As of Dec. 2023)

View and export this data going back to 2021. Start your Free Trial

What is ReNew Energy Global Days Sales Outstanding?

ReNew Energy Global's average Accounts Receivable for the three months ended in Dec. 2023 was $208 Mil. ReNew Energy Global's Revenue for the three months ended in Dec. 2023 was $192 Mil. Hence, ReNew Energy Global's Days Sales Outstanding for the three months ended in Dec. 2023 was 98.87.

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

RNW' s Days Sales Outstanding Range Over the Past 10 Years
Min: 89.49 Med: 211.53 Max: 249.79
Current: 89.49

During the past 5 years, ReNew Energy Global's highest Days Sales Outstanding was 249.79. The lowest was 89.49. And the median was 211.53.

RNW's Days Sales Outstanding is ranked worse than
66.26% of 409 companies
in the Utilities - Independent Power Producers industry
Industry Median: 66.36 vs RNW: 89.49

ReNew Energy Global's Days Sales Outstanding declined from Dec. 2022 (262.48) to Dec. 2023 (98.87).

ReNew Energy Global Days Sales Outstanding Historical Data

The historical data trend for ReNew Energy Global'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.

ReNew Energy Global Days Sales Outstanding Chart

ReNew Energy Global Annual Data

Trend

Mar19

Mar20

Mar21

Mar22

Mar23

Days Sales Outstanding

195.38

227.68

249.79

163.34

ReNew Energy Global Quarterly Data
	Mar19	Mar20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Sales Outstanding	Get a 7-Day Free Trial											262.48	99.56	90.17	70.56	98.87

Competitive Comparison of ReNew Energy Global's Days Sales Outstanding

For the Utilities - Renewable subindustry, ReNew Energy Global'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.

ReNew Energy Global's Days Sales Outstanding Distribution in the Utilities - Independent Power Producers Industry

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

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

ReNew Energy Global 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.

ReNew Energy Global's Days Sales Outstanding for the fiscal year that ended in Mar. 2023 is calculated as

	Days Sales Outstanding (A: Mar. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Mar. 2022 )	+	Accounts Receivable (A: Mar. 2023 ))	/	count )	/	Revenue (A: Mar. 2023 )	*	Days in Period
=	( (588.256	+	262.744)	/	2 )	/	950.849	*	365
=	425.5					/	950.849	*	365
=	163.34

ReNew Energy Global'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
=	( (235.211	+	181.084)	/	2 )	/	192.099	*	365 / 4
=	208.1475					/	192.099	*	365 / 4
=	98.87

ReNew Energy Global (NAS:RNW) Days Sales Outstanding Explanation

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

ReNew Energy Global Days Sales Outstanding Related Terms

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

ReNew Energy Global (ReNew Energy Global) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » ReNew Energy Global PLC (NAS:RNW) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

7JU:Germany 7JU:Germany

Address

C/o Vistra (UK) Ltd., 4th Floor 11-12 St. James’ Square, London, GBR, SW1Y 4LB

Website

https://www.renewpower.in

ReNew Energy Global PLC is a Developer and operator of clean energy projects intended to meet India's growing energy needs in an efficient, sustainable and socially responsible manner. The Company provides end-to-end solutions in a just and inclusive manner in the areas of clean energy, value-added energy offerings through digitalization, storage, and carbon markets that increasingly are integral to addressing climate change.