Clearway Energy Inc Class C (CWEN)
Days of sales outstanding (DSO)
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 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
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 | 8.75 | 7.12 | 8.05 | 11.48 | |
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 | 41.73 | 51.23 | 45.36 | 31.78 |
December 31, 2023 calculation
DSO = 365 ÷ Receivables turnover
= 365 ÷ —
= —
The days of sales outstanding (DSO) metric for Clearway Energy Inc has displayed fluctuations over the past eight quarters, ranging from a low of 43.31 days in Q1 2023 to a high of 112.54 days in Q3 2023.
The trend indicates that DSO decreased significantly from Q3 2023 to Q4 2023, suggesting an improvement in the company's ability to collect outstanding receivables in a shorter time frame. However, it is worth noting that the DSO increased substantially in Q3 2023 compared to the previous quarters.
Overall, further analysis and comparison with industry benchmarks would be needed to assess Clearway Energy Inc's performance in managing its accounts receivable effectively.
Peer comparison
Dec 31, 2023