Clearway Energy Inc Class C (CWEN)
Days of sales outstanding (DSO)
Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Receivables turnover | — | — | — | — | — | — | — | 8.43 | 7.78 | 6.20 | 5.58 | 8.25 | 8.93 | 6.15 | 6.02 | 7.41 | 8.38 | 7.40 | 6.94 | 10.73 | |
DSO | days | — | — | — | — | — | — | — | 43.31 | 46.93 | 58.87 | 65.36 | 44.22 | 40.87 | 59.37 | 60.59 | 49.27 | 43.53 | 49.34 | 52.56 | 34.02 |
December 31, 2024 calculation
DSO = 365 ÷ Receivables turnover
= 365 ÷ —
= —
Clearway Energy Inc Class C's days of sales outstanding (DSO) have fluctuated over the past few years. In March 2020, the DSO was at 34.02 days, indicating that it took approximately 34 days for the company to collect its accounts receivable.
There was an increase in DSO to 52.56 days by June 2020, suggesting a slower collection of receivables. This trend continued with DSO reaching 60.59 days by June 2021, reflecting a potential issue with collecting payments in a timely manner.
Subsequently, there was some improvement as the DSO decreased to 40.87 days by December 2021, indicating a quicker collection of accounts receivable. However, there was a slight increase to 46.93 days by December 2022.
Overall, Clearway Energy Inc Class C should monitor its DSO closely to ensure efficient management of accounts receivable and timely collection of payments, which can impact cash flow and overall financial health.
Peer comparison
Dec 31, 2024