Celsia Colombia ESP (BOG:CSACOL) Receivables Turnover : 0.82 (As of Mar. 2024)

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What is Celsia Colombia ESP 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. Celsia Colombia ESP's Revenue for the three months ended in Mar. 2024 was COP1,336,743 Mil. Celsia Colombia ESP's average Accounts Receivable for the three months ended in Mar. 2024 was COP1,622,971 Mil. Hence, Celsia Colombia ESP's Receivables Turnover for the three months ended in Mar. 2024 was 0.82.

Celsia Colombia ESP Receivables Turnover Historical Data

The historical data trend for Celsia Colombia ESP'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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Celsia Colombia ESP Receivables Turnover Chart

Celsia Colombia ESP Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Receivables Turnover

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4.01

4.11

5.86

5.43

4.20

Celsia Colombia ESP 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															1.38	1.64	1.16	1.04	0.82

Competitive Comparison of Celsia Colombia ESP's Receivables Turnover

For the Utilities - Renewable subindustry, Celsia Colombia ESP'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.

Celsia Colombia ESP's Receivables Turnover Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Celsia Colombia ESP's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Celsia Colombia ESP's Receivables Turnover falls into.

Celsia Colombia ESP Receivables Turnover Calculation

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

Celsia Colombia ESP'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 )
=	5771255	/ (	(1120720	+	1624967)	/	2 )
=	5771255	/	1372843.5
=	4.20

Celsia Colombia ESP's Receivables Turnover for the quarter that ended in Mar. 2024 is calculated as

	Receivables Turnover (Q: Mar. 2024 )
=	Revenue	/	Average Total Inventories
=	Revenue (Q: Mar. 2024 )	/ (	(Accounts Receivable (Q: Dec. 2023 )	+	Accounts Receivable (Q: Mar. 2024 ))	/	count )
=	1336742.691	/ (	(1624967	+	1620975.145)	/	2 )
=	1336742.691	/	1622971.0725
=	0.82

Celsia Colombia ESP (BOG:CSACOL) 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.

Celsia Colombia ESP Receivables Turnover Related Terms

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Celsia Colombia ESP (BOG:CSACOL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » Celsia Colombia SA ESP (BOG:CSACOL) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

Calle 15 No. 29B 30 Autopista, Valle del Cauca, Cali, Yumbo, COL

Website

https://www.celsia.com

Celsia Colombia SA ESP is engaged in the generation of hydroelectric energy. The company engages in generation, transmission, distribution, and sale of electricity. Its power generation plants include Run-of-the-river that uses river's flow to generate electricity; and Reservoir that generates energy through stored water. The company's produced electricity is sold to wholesale markets (energy market), regulated market (small consumers) and non-regulated market (large consumers). Revenue for the company is derived from the production and sale of electricity.

Celsia Colombia ESP (BOG:CSACOL) Headlines

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