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.