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. Sempra's Revenue for the
three
months ended in Dec. 2023 was $3,491 Mil. Sempra's average Accounts Receivable for the
three
months ended in Dec. 2023 was $2,045 Mil.
Hence, Sempra's Receivables Turnover for the
three
months ended in Dec. 2023 was 1.71.
Sempra Receivables Turnover Historical Data
The historical data trend for Sempra'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.
Competitive Comparison of Sempra's Receivables Turnover
For the Utilities - Diversified subindustry, Sempra'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.
Sempra's Receivables Turnover Distribution in the Utilities - Regulated Industry
For the Utilities - Regulated industry and Utilities sector, Sempra's Receivables Turnover distribution charts can be found below:
* The bar in red indicates where Sempra's Receivables Turnover falls into.
Sempra Receivables Turnover Calculation
Receivables Turnover measures the number of times a company collects its average accounts receivable balance.
Sempra's Receivables Turnover for the fiscal year that ended in Dec. 2023 is calculated as
* 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.
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.
Sempra Receivables Turnover Related Terms
Thank you for viewing the detailed overview of Sempra's Receivables Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.
Sempra Energy serves one of the largest utility customer bases in the United States. It distributes natural gas and electricity in Southern California and owns 80% of Oncor, a transmission and distribution business in Texas. SoCalGas and San Diego Gas & Electric distribute gas to more than 20 million customers, while Oncor serves more than 10 million Texas customers. Sempra Infrastructure partners, of which Sempra holds a controlling ownership, owns and operates liquefied natural gas facilities in North America and infrastructure in Mexico.
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