Companhia de Eletricidade do Estado da Bahia – Coelba (BSP:CEEB3) Receivables Turnover: 1.11 (As of Mar. 2026)


BSP:CEEB3 Companhia de Eletricidade do Estado da Bahia – Coelba BSP:CEEB3
76 GF Score
Price R$45.31
GF Value R$46.43
Valuation Fairly Valued
! 6 Warning Signs
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What is Companhia de Eletricidade do Estado da Bahia – Coelba Receivables Turnover?

Companhia de Eletricidade do Estado da Bahia – Coelba BSP:CEEB3 -0.18% 76 Receivables Turnover is 1.11 as of Mar. 2026. GuruFocus rates BSP:CEEB3 with a GF Score™ of 76/100 and a GF Value™ of R$46.43 (Fairly Valued). The stock has 6 warning signs investors should review. Among 495 Utilities - Regulated companies, Companhia de Eletricidade do Estado da Bahia – Coelba ranks worse than 74.14% on this metric.

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. Companhia de Eletricidade do Estado da Bahia – Coelba's Revenue for the three months ended in Mar. 2026 was R$4,198 Mil. Companhia de Eletricidade do Estado da Bahia – Coelba's average Accounts Receivable for the three months ended in Mar. 2026 was R$3,769 Mil. Hence, Companhia de Eletricidade do Estado da Bahia – Coelba's Receivables Turnover for the three months ended in Mar. 2026 was 1.11.


Companhia de Eletricidade do Estado da Bahia – Coelba  (BSP:CEEB3) 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.


Companhia de Eletricidade do Estado da Bahia – Coelba Receivables Turnover Related Terms


Companhia de Eletricidade do Estado da Bahia – Coelba Receivables Turnover Historical Data

* Premium members only.

The historical data trend for Companhia de Eletricidade do Estado da Bahia – Coelba'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.

Companhia de Eletricidade do Estado da Bahia – Coelba Receivables Turnover Chart

Companhia de Eletricidade do Estado da Bahia – Coelba Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.33 4.54 4.54 4.31 4.46

Companhia de Eletricidade do Estado da Bahia – Coelba Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 1.03 1.06 1.29 0.63 1.11

BSP:CEEB3 vs NEE, SO, DUK: Receivables Turnover Comparison

For the Utilities - Regulated Electric subindustry, Companhia de Eletricidade do Estado da Bahia – Coelba'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.


Companhia de Eletricidade do Estado da Bahia – Coelba Receivables Turnover vs Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Companhia de Eletricidade do Estado da Bahia – Coelba's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Companhia de Eletricidade do Estado da Bahia – Coelba's Receivables Turnover falls into.


BSP:CEEB3
76GF Score
Companhia de Eletricidade do Estado da Bahia – Coelba BSP:CEEB3
Receivables Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Companhia de Eletricidade do Estado da Bahia – Coelba Receivables Turnover Calculation

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

Companhia de Eletricidade do Estado da Bahia – Coelba's Receivables Turnover for the fiscal year that ended in Dec. 2025 is calculated as

Receivables Turnover (A: Dec. 2025 )
=Revenue / Average Accounts Receivable
=Revenue (A: Dec. 2025 ) / ((Accounts Receivable (A: Dec. 2024 ) + Accounts Receivable (A: Dec. 2025 )) / count )
=15772 / ((3451 + 3625) / 2 )
=15772 / 3538
=4.46

Companhia de Eletricidade do Estado da Bahia – Coelba's Receivables Turnover for the quarter that ended in Mar. 2026 is calculated as

Receivables Turnover (Q: Mar. 2026 )
=Revenue / Average Accounts Receivable
=Revenue (Q: Mar. 2026 ) / ((Accounts Receivable (Q: Dec. 2025 ) + Accounts Receivable (Q: Mar. 2026 )) / count )
=4198 / ((3625 + 3912) / 2 )
=4198 / 3768.5
=1.11

* 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.

Frequently Asked Questions Learn more about Receivables Turnover →
What does a Receivables Turnover of 1.11 mean?
Companhia de Eletricidade do Estado da Bahia – Coelba (BSP:CEEB3) has a Receivables Turnover of 1.11 as of Mar. 2026. The accounts 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. View historical data on Companhia de Eletricidade do Estado da Bahia – Coelba and its competitors. According to the industry distribution chart, Companhia de Eletricidade do Estado da Bahia – Coelba ranks #367 out of 495 companies in the Utilities - Regulated industry, placing it in the top 74.1%.
Is Companhia de Eletricidade do Estado da Bahia – Coelba's Receivables Turnover too high?
Companhia de Eletricidade do Estado da Bahia – Coelba's current Receivables Turnover is 1.11. The Utilities - Regulated industry median Receivables Turnover is 6.76. Companhia de Eletricidade do Estado da Bahia – Coelba's value of 1.11 is 83.6% below this industry median. Based on the distribution chart, Companhia de Eletricidade do Estado da Bahia – Coelba ranks #367 out of 495 companies in the Utilities - Regulated industry, which is below the industry midpoint. Overall, Companhia de Eletricidade do Estado da Bahia – Coelba has a GF Score™ of 76/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Companhia de Eletricidade do Estado da Bahia – Coelba's Receivables Turnover compare to NEE and SO?
According to the Utilities - Regulated industry distribution chart, Companhia de Eletricidade do Estado da Bahia – Coelba ranks #367 out of 495 companies for Receivables Turnover. This places Companhia de Eletricidade do Estado da Bahia – Coelba in the lower half of its industry. The industry median Receivables Turnover is 6.76. Companhia de Eletricidade do Estado da Bahia – Coelba's value of 1.11 is 83.6% below this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Receivables Turnover for an Utilities - Regulated company?
The median Receivables Turnover among Utilities - Regulated companies is 6.76, based on 495 companies in the industry. Companies in the top quartile (top 25%) have a Receivables Turnover significantly above this median, while those in the bottom quartile fall well below. However, Receivables Turnover should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Companhia de Eletricidade do Estado da Bahia – Coelba's current Receivables Turnover of 1.11 is 83.6% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Receivables Turnover mean?
A high Receivables Turnover can signal that a stock is expensive relative to its fundamentals. The accounts 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. View historical data on Companhia de Eletricidade do Estado da Bahia – Coelba and its competitors. For the Utilities - Regulated industry, the median Receivables Turnover is 6.76 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Companhia de Eletricidade do Estado da Bahia – Coelba's current Receivables Turnover is 1.11. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Companhia de Eletricidade do Estado da Bahia – Coelba stock overvalued right now?
Based on GuruFocus' analysis, Companhia de Eletricidade do Estado da Bahia – Coelba (BSP:CEEB3) is currently considered Fairly Valued. The stock's GF Value™ is R$46.43, compared to a current price of R$45.31 — trading 2.4% below its estimated fair value. The current Receivables Turnover is 1.11 and 83.6% below the Utilities - Regulated industry median of 6.76. Companhia de Eletricidade do Estado da Bahia – Coelba's overall GF Score™ is 76/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Receivables Turnover calculated?
Receivables Turnover is calculated from a company's financial statements. For Companhia de Eletricidade do Estado da Bahia – Coelba (BSP:CEEB3), the current Receivables Turnover is 1.11 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Companhia de Eletricidade do Estado da Bahia – Coelba (BSP:CEEB3) Overvalued in 2026?

Based on GuruFocus' analysis, Companhia de Eletricidade do Estado da Bahia – Coelba stock appears to be undervalued. The current stock price of R$45.31 is trading 2.4% below its estimated GF Value™ of R$46.43. GuruFocus considers Companhia de Eletricidade do Estado da Bahia – Coelba to be Fairly Valued.

Key valuation signals for BSP:CEEB3:

  • Receivables Turnover: 1.11
  • GF Value™: R$46.43 vs. price of R$45.31 (2.4% below fair value)
  • GF Score™: 76/100 with 6 warning signs
  • Industry Position: 83.6% below the Utilities - Regulated median (#367 of 495)

No single metric tells the full story. See the BSP:CEEB3 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Companhia de Eletricidade do Estado da Bahia – Coelba Business Description

Other Exchanges CEEB5:Brazil
Address Av Edgar Santos 300, Bloco A/1 Andar, Salvador, BA, BRA, 41186900
Companhia de Eletricidade do Estado da Bahia - Coelba is a Neoenergia group that distributes electricity.
76GF Score

Get the complete analysis for BSP:CEEB3

Receivables Turnover is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

R$45.31
Price
R$46.43
GF Value