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ALBMP.PFD (Alabama Power Co) Receivables Turnover : 4.21 (As of Jun. 2022)


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What is Alabama Power 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. Alabama Power Co's Revenue for the three months ended in Jun. 2022 was $1,931.00 Mil. Alabama Power Co's average Accounts Receivable for the three months ended in Jun. 2022 was $459.00 Mil. Hence, Alabama Power Co's Receivables Turnover for the three months ended in Jun. 2022 was 4.21.


Alabama Power Co Receivables Turnover Historical Data

The historical data trend for Alabama Power 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.

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Alabama Power Co Receivables Turnover Chart

Alabama Power Co Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 65.52 15.92 14.79 13.65 15.29

Alabama Power Co Quarterly Data
Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22
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 3.91 4.24 3.07 3.99 4.21

Competitive Comparison of Alabama Power Co's Receivables Turnover

For the Utilities - Regulated Electric subindustry, Alabama Power 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.


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

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

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



Alabama Power Co Receivables Turnover Calculation

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

Alabama Power Co's Receivables Turnover for the fiscal year that ended in Dec. 2021 is calculated as

Receivables Turnover (A: Dec. 2021 )
=Revenue / Average Total Inventories
=Revenue (A: Dec. 2021 ) / ((Accounts Receivable (A: Dec. 2020 ) + Accounts Receivable (A: Dec. 2021 )) / count )
=6413 / ((429 + 410) / 2 )
=6413 / 419.5
=15.29

Alabama Power Co's Receivables Turnover for the quarter that ended in Jun. 2022 is calculated as

Receivables Turnover (Q: Jun. 2022 )
=Revenue / Average Total Inventories
=Revenue (Q: Jun. 2022 ) / ((Accounts Receivable (Q: Mar. 2022 ) + Accounts Receivable (Q: Jun. 2022 )) / count )
=1931 / ((417 + 501) / 2 )
=1931 / 459
=4.21

* 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.


Alabama Power Co  (OTCPK:ALBMP.PFD) 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.


Alabama Power Co Receivables Turnover Related Terms

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Alabama Power Co Business Description

Traded in Other Exchanges
N/A
Address
600 North 18th Street, Birmingham, AL, USA, 35291
Alabama Power Co operates in the utility sector. The company supplies electricity and stellar service to homes, businesses and industries in the southern two-thirds of Alabama.

Alabama Power Co Headlines

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