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KenGen Co (NAI:KEGN) Receivables Turnover : 1.15 (As of Dec. 2023)


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What is KenGen Co Receivables Turnover?

The Receivables Turnover ratio measures the number of times a company collects its average accounts receivable balance. It is calculated as Revenue divided by average Accounts Receivable. An efficient company has a higher accounts receivable turnover ratio while an inefficient company has a lower ratio. KenGen Co's Revenue for the six months ended in Dec. 2023 was KES24,726 Mil. KenGen Co's average Accounts Receivable for the six months ended in Dec. 2023 was KES21,449 Mil. Hence, KenGen Co's Receivables Turnover for the six months ended in Dec. 2023 was 1.15.


KenGen Co Receivables Turnover Historical Data

The historical data trend for KenGen Co's Receivables Turnover can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

KenGen Co Receivables Turnover Chart

KenGen Co Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.76 1.88 1.74 1.68 2.18

KenGen Co Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Receivables Turnover Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.85 0.83 1.11 1.07 1.15

Competitive Comparison of KenGen Co's Receivables Turnover

For the Utilities - Regulated Electric subindustry, KenGen Co's Receivables Turnover, along with its competitors' market caps and Receivables Turnover data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


KenGen Co's Receivables Turnover Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, KenGen Co's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where KenGen Co's Receivables Turnover falls into.



KenGen Co Receivables Turnover Calculation

Receivables Turnover measures the number of times a company collects its average accounts receivable balance.

KenGen Co's Receivables Turnover for the fiscal year that ended in Jun. 2023 is calculated as

Receivables Turnover (A: Jun. 2023 )
=Revenue / Average Total Inventories
=Revenue (A: Jun. 2023 ) / ((Accounts Receivable (A: Jun. 2022 ) + Accounts Receivable (A: Jun. 2023 )) / count )
=45842.527 / ((20594.295 + 21448.878) / 2 )
=45842.527 / 21021.5865
=2.18

KenGen Co's Receivables Turnover for the quarter that ended in Dec. 2023 is calculated as

Receivables Turnover (Q: Dec. 2023 )
=Revenue / Average Total Inventories
=Revenue (Q: Dec. 2023 ) / ((Accounts Receivable (Q: Jun. 2023 ) + Accounts Receivable (Q: Dec. 2023 )) / count )
=24726 / ((21448.878 + 0) / 1 )
=24726 / 21448.878
=1.15

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


KenGen Co  (NAI:KEGN) Receivables Turnover Explanation

An efficient company has a higher accounts receivable turnover ratio while an inefficient company has a lower ratio. This metric is commonly used to compare companies within the same industry to check whether they are on par with their competitors.


KenGen Co Receivables Turnover Related Terms

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KenGen Co (NAI:KEGN) Business Description

Traded in Other Exchanges
N/A
Address
Kolobot Road, Kengen Pension Plaza 2, P.O.Box47936, Nairobi, KEN, 00100
KenGen Co PLC is a power producer in Kenya and East Africa. It is principally engaged in the business segment of generating electricity through the development, management, and operation of power plants. The company operates power plants for producing hydroelectric energy, geothermal energy, thermal energy, and wind energy.

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