Acciona (Acciona) Receivables Turnover : 2.31 (As of Dec. 2023)

View and export this data going back to . Start your Free Trial

What is Acciona 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. Acciona's Revenue for the six months ended in Dec. 2023 was $11,330 Mil. Acciona's average Accounts Receivable for the six months ended in Dec. 2023 was $4,909 Mil. Hence, Acciona's Receivables Turnover for the six months ended in Dec. 2023 was 2.31.

Acciona Receivables Turnover Historical Data

The historical data trend for Acciona'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.

Acciona Receivables Turnover Chart

Acciona Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Receivables Turnover

Get a 7-Day Free Trial

4.15

3.78

3.72

4.37

5.15

Acciona 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															1.93	1.87	2.11	1.96	2.31

Competitive Comparison of Acciona's Receivables Turnover

For the Engineering & Construction subindustry, Acciona'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.

Acciona's Receivables Turnover Distribution in the Construction Industry

For the Construction industry and Industrials sector, Acciona's Receivables Turnover distribution charts can be found below:

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

Acciona Receivables Turnover Calculation

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

Acciona's Receivables Turnover for the fiscal year that ended in Dec. 2023 is calculated as

	Receivables Turnover (A: Dec. 2023 )
=	Revenue	/	Average Total Inventories
=	Revenue (A: Dec. 2023 )	/ (	(Accounts Receivable (A: Dec. 2022 )	+	Accounts Receivable (A: Dec. 2023 ))	/	count )
=	19593.239	/ (	(3093.22	+	4520.174)	/	2 )
=	19593.239	/	3806.697
=	5.15

Acciona'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 )
=	11330.425	/ (	(5297.941	+	4520.174)	/	2 )
=	11330.425	/	4909.0575
=	2.31

Acciona (OTCPK:ACXIF) 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.

Acciona Receivables Turnover Related Terms

Thank you for viewing the detailed overview of Acciona's Receivables Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.

Acciona (Acciona) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Acciona SA (OTCPK:ACXIF) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

ANA:Mexico ANAe:UK 0H4K:UK ANA:Spain AJ3:Germany

Address

Avenida de Europa 18, Parque Empresarial La Moraleja, Alcobendas, Madrid, ESP, 28108

Website

https://www.acciona.com

Acciona SA is an engineering and construction firm providing sustainable solutions for infrastructure and renewable energy projects across the world. It works in various phases, from design and construction to operations and maintenance. The company operates two business divisions energy and infrastructure. The infrastructure division encompasses construction, water treatment, industrial, and service business lines. Projects may be granted under concessions from governments or acquired independently when Acciona identifies an opportunity. Energy developments focus on renewable technologies and primarily revolve around wind, solar, hydro, and biomass. The company has a presence on five continents and utilizes an organizational structure to ensure availability.