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Auren Energia (BSP:AURE3) Receivables Turnover : 2.53 (As of Jun. 2024)


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What is Auren Energia 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. Auren Energia's Revenue for the three months ended in Jun. 2024 was R$1,450 Mil. Auren Energia's average Accounts Receivable for the three months ended in Jun. 2024 was R$572 Mil. Hence, Auren Energia's Receivables Turnover for the three months ended in Jun. 2024 was 2.53.


Auren Energia Receivables Turnover Historical Data

The historical data trend for Auren Energia'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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Auren Energia Receivables Turnover Chart

Auren Energia Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Receivables Turnover
6.00 7.36 11.66 9.53

Auren Energia Quarterly Data
Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 2.51 2.65 2.55 2.24 2.53

Competitive Comparison of Auren Energia's Receivables Turnover

For the Utilities - Renewable subindustry, Auren Energia'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.


Auren Energia's Receivables Turnover Distribution in the Utilities - Independent Power Producers Industry

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

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



Auren Energia Receivables Turnover Calculation

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

Auren Energia'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 )
=6181.89 / ((617.86 + 679.476) / 2 )
=6181.89 / 648.668
=9.53

Auren Energia's Receivables Turnover for the quarter that ended in Jun. 2024 is calculated as

Receivables Turnover (Q: Jun. 2024 )
=Revenue / Average Total Inventories
=Revenue (Q: Jun. 2024 ) / ((Accounts Receivable (Q: Mar. 2024 ) + Accounts Receivable (Q: Jun. 2024 )) / count )
=1450.045 / ((569.252 + 575.06) / 2 )
=1450.045 / 572.156
=2.53

* 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.


Auren Energia  (BSP:AURE3) 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.


Auren Energia Receivables Turnover Related Terms

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Auren Energia Business Description

Traded in Other Exchanges
N/A
Address
Avenida Doutora Ruth Cardoso, 8501, 2nd Floor, Room 11, Pinheiros, Sao Paulo, SP, BRA, CEP 05425-070
Auren Energia SA operates as an energy company. Its activity includes Wind power generation, Hydropower generation, Sale of energy and Holding and Pipeline projects.

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