Alternus Days Sales Outstanding from 2010 to 2024

ALCE Stock   1.25  0.01  0.81%   
Alternus Energy's Days Sales Outstanding is decreasing over the years with slightly volatile fluctuation. Overall, Days Sales Outstanding is expected to go to 178.48 this year. During the period from 2010 to 2024 Alternus Energy Days Sales Outstanding annual values regression line had geometric mean of  207.01 and mean square error of  791.93. View All Fundamentals
 
Days Sales Outstanding  
First Reported
2010-12-31
Previous Quarter
138.68328022
Current Value
178.48
Quarterly Volatility
35.02939925
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Alternus Energy financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Alternus Energy's main balance sheet or income statement drivers, such as Tax Provision of 14.2 K, Depreciation And Amortization of 3.4 M or Interest Expense of 19.4 M, as well as many indicators such as Price To Sales Ratio of 95.79, Dividend Yield of 0.0114 or Days Sales Outstanding of 178. Alternus financial statements analysis is a perfect complement when working with Alternus Energy Valuation or Volatility modules.
  
Check out the analysis of Alternus Energy Correlation against competitors.

Latest Alternus Energy's Days Sales Outstanding Growth Pattern

Below is the plot of the Days Sales Outstanding of Alternus Energy Group over the last few years. It is Alternus Energy's Days Sales Outstanding historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Alternus Energy's overall financial position and show how it may be relating to other accounts over time.
Days Sales Outstanding10 Years Trend
Slightly volatile
   Days Sales Outstanding   
       Timeline  

Alternus Days Sales Outstanding Regression Statistics

Arithmetic Mean210.47
Geometric Mean207.01
Coefficient Of Variation16.64
Mean Deviation25.69
Median226.53
Standard Deviation35.03
Sample Variance1,227
Range105
R-Value(0.63)
Mean Square Error791.93
R-Squared0.40
Significance0.01
Slope(4.96)
Total Sum of Squares17,179

Alternus Days Sales Outstanding History

2024 178.48
2023 138.68
2022 121.54

About Alternus Energy Financial Statements

Alternus Energy stakeholders use historical fundamental indicators, such as Alternus Energy's Days Sales Outstanding, to determine how well the company is positioned to perform in the future. Although Alternus Energy investors may analyze each financial statement separately, they are all interrelated. For example, changes in Alternus Energy's assets and liabilities are reflected in the revenues and expenses on Alternus Energy's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Alternus Energy Group. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Days Sales Outstanding 138.68  178.48 

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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether Alternus Energy Group is a strong investment it is important to analyze Alternus Energy's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Alternus Energy's future performance. For an informed investment choice regarding Alternus Stock, refer to the following important reports:
Check out the analysis of Alternus Energy Correlation against competitors.
You can also try the Alpha Finder module to use alpha and beta coefficients to find investment opportunities after accounting for the risk.
Is Independent Power and Renewable Electricity Producers space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Alternus Energy. If investors know Alternus will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Alternus Energy listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(24.81)
Revenue Per Share
1.133
Quarterly Revenue Growth
(0.11)
Return On Assets
(0.06)
The market value of Alternus Energy Group is measured differently than its book value, which is the value of Alternus that is recorded on the company's balance sheet. Investors also form their own opinion of Alternus Energy's value that differs from its market value or its book value, called intrinsic value, which is Alternus Energy's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Alternus Energy's market value can be influenced by many factors that don't directly affect Alternus Energy's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Alternus Energy's value and its price as these two are different measures arrived at by different means. Investors typically determine if Alternus Energy is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Alternus Energy's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.