MGE Energy Inc (MGEE)
Days of sales outstanding (DSO)
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | ||
|---|---|---|---|---|---|---|
| Receivables turnover | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| DSO | days | — | — | — | — | — |
December 31, 2023 calculation
DSO = 365 ÷ Receivables turnover
= 365 ÷ 0.00
= —
Based on the provided data for MGE Energy Inc, the days of sales outstanding (DSO) ratio for the years ending December 31, 2023, 2022, 2021, 2020, and 2019 are not explicitly available. Without the specific DSO figures for these years, a detailed analysis of the trend or comparison over time is not feasible.
In general, Days Sales Outstanding (DSO) is a measure of how efficiently a company manages its accounts receivable. A lower DSO indicates that the company is collecting payments from customers more quickly, while a higher DSO may suggest potential issues with collections or credit policies.
To provide a more in-depth analysis of MGE Energy Inc's DSO, it would be necessary to have the actual DSO figures for the years in question. Monitoring changes in the DSO ratio over time can help assess the company's effectiveness in managing accounts receivable and collecting payments from customers.