WEC Energy Group Inc (WEC)
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 | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | |
| DSO | days | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
December 31, 2024 calculation
DSO = 365 ÷ Receivables turnover
= 365 ÷ —
= —
Based on the data provided, the days of sales outstanding (DSO) for WEC Energy Group Inc are not explicitly given for any of the financial reporting periods from March 31, 2020, to December 31, 2024. It appears that the information regarding accounts receivable turnover or average accounts receivable is not directly available in this dataset.
DSO is a financial ratio that indicates how long it takes for a company to collect payments from its credit sales. A lower DSO value typically signifies that a company collects payments more quickly, indicating good accounts receivable management and strong cash flow. Conversely, a higher DSO value may suggest potential issues with collecting payments efficiently.
Unfortunately, without specific DSO values provided in the dataset, it is challenging to assess WEC Energy Group Inc's efficiency in collecting payments from its customers over the reported periods. Additional data or financial statements would be required to perform a thorough analysis of the company's accounts receivable turnover and efficiency in managing its receivables.
Peer comparison
Dec 31, 2024