Elektro - Eletricidade e Servicos (BSP:EKTR3) Receivables Turnover : 0.92 (As of Mar. 2024)

Elektro - Eletricidade e Servicos Receivables Turnover Chart

Elektro - Eletricidade e Servicos Annual Data
	Trend	Dec14	Dec15	Dec16	Dec17	Dec18	Dec19	Dec20	Dec21	Dec22	Dec23
Receivables Turnover		Get a 7-Day Free Trial					4.16	3.63	4.01	3.78	3.98

Elektro - Eletricidade e Servicos 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															1.10	0.95	1.06	1.02	0.92

Competitive Comparison of Elektro - Eletricidade e Servicos's Receivables Turnover

For the Utilities - Regulated Electric subindustry, Elektro - Eletricidade e Servicos'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.

Elektro - Eletricidade e Servicos's Receivables Turnover Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Elektro - Eletricidade e Servicos's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Elektro - Eletricidade e Servicos's Receivables Turnover falls into.

Elektro - Eletricidade e Servicos Receivables Turnover Calculation

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

Elektro - Eletricidade e Servicos's Receivables Turnover for the fiscal year that ended in Dec. 2023 is calculated as

Elektro - Eletricidade e Servicos's Receivables Turnover for the quarter that ended in Mar. 2024 is calculated as

* 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.

Elektro - Eletricidade e Servicos  (BSP:EKTR3) 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.

Elektro - Eletricidade e Servicos Receivables Turnover Related Terms

Thank you for viewing the detailed overview of Elektro - Eletricidade e Servicos's Receivables Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.

Elektro - Eletricidade e Servicos (BSP:EKTR3) Business Description