GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Companhia Estadual de Geracao e Transmissao de Energia Eletrica CEEE-GT (BSP:EEEL4) » Definitions » Receivables Turnover

Companhia Estadual de Geracao e Transmissao de Energia Eletrica CEEE-GT (BSP:EEEL4) Receivables Turnover : 2.11 (As of Sep. 2021)


View and export this data going back to 2011. Start your Free Trial

What is Companhia Estadual de Geracao e Transmissao de Energia Eletrica CEEE-GT 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. Companhia Estadual de Geracao e Transmissao de Energia Eletrica CEEE-GT's Revenue for the three months ended in Sep. 2021 was R$281 Mil. Companhia Estadual de Geracao e Transmissao de Energia Eletrica CEEE-GT's average Accounts Receivable for the three months ended in Sep. 2021 was R$133 Mil. Hence, Companhia Estadual de Geracao e Transmissao de Energia Eletrica CEEE-GT's Receivables Turnover for the three months ended in Sep. 2021 was 2.11.


Companhia Estadual de Geracao e Transmissao de Energia Eletrica CEEE-GT Receivables Turnover Historical Data

The historical data trend for Companhia Estadual de Geracao e Transmissao de Energia Eletrica CEEE-GT'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.

* Premium members only.

Companhia Estadual de Geracao e Transmissao de Energia Eletrica CEEE-GT Receivables Turnover Chart

Companhia Estadual de Geracao e Transmissao de Energia Eletrica CEEE-GT Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 21.81 7.14 7.00 11.96 10.09

Companhia Estadual de Geracao e Transmissao de Energia Eletrica CEEE-GT Quarterly Data
Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Sep21
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 1.24 0.52 4.67 3.03 2.11

Competitive Comparison of Companhia Estadual de Geracao e Transmissao de Energia Eletrica CEEE-GT's Receivables Turnover

For the Utilities - Regulated Electric subindustry, Companhia Estadual de Geracao e Transmissao de Energia Eletrica CEEE-GT'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 Estadual de Geracao e Transmissao de Energia Eletrica CEEE-GT's Receivables Turnover Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Companhia Estadual de Geracao e Transmissao de Energia Eletrica CEEE-GT's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Companhia Estadual de Geracao e Transmissao de Energia Eletrica CEEE-GT's Receivables Turnover falls into.



Companhia Estadual de Geracao e Transmissao de Energia Eletrica CEEE-GT Receivables Turnover Calculation

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

Companhia Estadual de Geracao e Transmissao de Energia Eletrica CEEE-GT's Receivables Turnover for the fiscal year that ended in Dec. 2020 is calculated as

Receivables Turnover (A: Dec. 2020 )
=Revenue / Average Total Inventories
=Revenue (A: Dec. 2020 ) / ((Accounts Receivable (A: Dec. 2019 ) + Accounts Receivable (A: Dec. 2020 )) / count )
=1327.191 / ((111.883 + 151.07) / 2 )
=1327.191 / 131.4765
=10.09

Companhia Estadual de Geracao e Transmissao de Energia Eletrica CEEE-GT's Receivables Turnover for the quarter that ended in Sep. 2021 is calculated as

Receivables Turnover (Q: Sep. 2021 )
=Revenue / Average Total Inventories
=Revenue (Q: Sep. 2021 ) / ((Accounts Receivable (Q: Mar. 2021 ) + Accounts Receivable (Q: Sep. 2021 )) / count )
=281.399 / ((157.309 + 109.389) / 2 )
=281.399 / 133.349
=2.11

* 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.


Companhia Estadual de Geracao e Transmissao de Energia Eletrica CEEE-GT  (BSP:EEEL4) 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 Estadual de Geracao e Transmissao de Energia Eletrica CEEE-GT Receivables Turnover Related Terms

Thank you for viewing the detailed overview of Companhia Estadual de Geracao e Transmissao de Energia Eletrica CEEE-GT's Receivables Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.


Companhia Estadual de Geracao e Transmissao de Energia Eletrica CEEE-GT (BSP:EEEL4) Business Description

Traded in Other Exchanges
N/A
Address
Avenue Joaquim Porto Villanova, 201 - Prédio A, Bairro Jardim Carvalho, Porto Alegre, RS, BRA, 91410-400
Companhia Estadual de Geracao e Transmissao de Energia Eletrica CEEE-GT operates in an energy sector. Its business activities include generation, transmission, distribution and sale of electricity and related services. The company operates hydroelectric plants, substations, and long transmission lines.

Companhia Estadual de Geracao e Transmissao de Energia Eletrica CEEE-GT (BSP:EEEL4) Headlines

No Headlines