MGE Energy Inc (MGEE)
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 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 1.54 | |
| DSO | days | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | 236.25 |
December 31, 2023 calculation
DSO = 365 ÷ Receivables turnover
= 365 ÷ 0.00
= —
The Days of Sales Outstanding (DSO) for MGE Energy Inc have been relatively stable over the past couple of years, with the most recent data showing an average DSO of 236.25 days. This indicates that, on average, it takes MGE Energy Inc approximately 236 days to collect its accounts receivable.
A high DSO value may suggest that the company is facing challenges in collecting payments from its customers promptly, which could impact its cash flow and liquidity. It is important for MGE Energy Inc to closely monitor and manage its accounts receivable turnover to ensure that it is not experiencing prolonged delays in receiving payments.
Analyzing trends in DSO over different reporting periods can provide insights into the effectiveness of MGE Energy Inc's credit and collection policies. A decreasing trend in DSO would indicate that the company is improving its collection efficiency, while an increasing trend may signify potential issues in managing accounts receivable.
Overall, monitoring DSO is crucial for MGE Energy Inc to assess its working capital management and customer credit risk, ultimately impacting the company's financial health and operational efficiency.