Tokyo Electric Power Co Holdings (Tokyo Electric Power Co Holdings) Receivables Turnover : 2.65 (As of Dec. 2023)

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What is Tokyo Electric Power Co Holdings 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. Tokyo Electric Power Co Holdings's Revenue for the three months ended in Dec. 2023 was $11,052 Mil. Tokyo Electric Power Co Holdings's average Accounts Receivable for the three months ended in Dec. 2023 was $4,170 Mil. Hence, Tokyo Electric Power Co Holdings's Receivables Turnover for the three months ended in Dec. 2023 was 2.65.

Tokyo Electric Power Co Holdings Receivables Turnover Historical Data

The historical data trend for Tokyo Electric Power Co Holdings'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.

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Tokyo Electric Power Co Holdings Receivables Turnover Chart

Tokyo Electric Power Co Holdings Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Receivables Turnover

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10.77

9.47

7.89

11.11

9.62

Tokyo Electric Power Co Holdings Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Receivables Turnover	Get a 7-Day Free Trial															2.55	2.43	3.04	2.65	2.96

Competitive Comparison of Tokyo Electric Power Co Holdings's Receivables Turnover

For the Utilities - Renewable subindustry, Tokyo Electric Power Co Holdings'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.

Tokyo Electric Power Co Holdings's Receivables Turnover Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Tokyo Electric Power Co Holdings's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Tokyo Electric Power Co Holdings's Receivables Turnover falls into.

Tokyo Electric Power Co Holdings Receivables Turnover Calculation

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

Tokyo Electric Power Co Holdings's Receivables Turnover for the fiscal year that ended in Mar. 2024 is calculated as

	Receivables Turnover (A: Mar. 2024 )
=	Revenue	/	Average Total Inventories
=	Revenue (A: Mar. 2024 )	/ (	(Accounts Receivable (A: Mar. 2023 )	+	Accounts Receivable (A: Mar. 2024 ))	/	count )
=	46178.432	/ (	(5351.511	+	4247.15)	/	2 )
=	46178.432	/	4799.3305
=	9.62

Tokyo Electric Power Co Holdings'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: Sep. 2023 )	+	Accounts Receivable (Q: Dec. 2023 ))	/	count )
=	11052.448	/ (	(4396.435	+	3943.416)	/	2 )
=	11052.448	/	4169.9255
=	2.65

Tokyo Electric Power Co Holdings (OTCPK:TKECY) 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.

Tokyo Electric Power Co Holdings Receivables Turnover Related Terms

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Tokyo Electric Power Co Holdings (Tokyo Electric Power Co Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » Tokyo Electric Power Co Holdings (OTCPK:TKECY) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

TKECF:USA 9501:Japan TPO:Germany TPO:Germany

Address

1-3, Uchisaiwai-cho 1-chome, Chiyoda-ku, Tokyo, JPN, 100-8560

Website

http://www.tepco.co.jp

Tokyo Electric Power Co Holdings, or TEPCO, is a holding company that, through its subsidiaries, supplies electric power to Tokyo's metropolitan area in Japan. TEPCO segments its business operations through subsidiaries that, manage fuel and thermal power generation, power transmission and distribution, and retail electricity sales. To produce electricity, the company controls a portfolio of hydroelectric, thermal, and nuclear power plants. TEPCO's thermal facilities, which utilize oil, natural gas, and coal fuel sources, account for the vast majority of its energy production. Almost all of Tokyo Electric Power's revenue is derived from the sale of electricity to primarily retail customers. The company serves the energy needs of a substantial portion of Japan's population.

Tokyo Electric Power Co Holdings (Tokyo Electric Power Co Holdings) Headlines

From GuruFocus

Tokyo Electric Power Co Holdings Stock Is Believed To Be Modestly Undervalued

By GF Value GF Value • 06-07-2021