Equatorial (BSP:EQTL3) Receivables Turnover: 1.27 (As of Mar. 2026)

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BSP:EQTL3 Equatorial SA BSP:EQTL3
77 GF Score
Price R$38.66
GF Value R$38.30
Valuation Fairly Valued
! 5 Warning Signs
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What is Equatorial Receivables Turnover?

Equatorial BSP:EQTL3 +2.22% 77 Receivables Turnover is 1.27 as of Mar. 2026. GuruFocus rates BSP:EQTL3 with a GF Score™ of 77/100 and a GF Value™ of R$38.30 (Fairly Valued). The stock has 5 warning signs investors should review. Among 495 Utilities - Regulated companies, Equatorial ranks worse than 61.21% 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. Equatorial's Revenue for the three months ended in Mar. 2026 was R$11,983 Mil. Equatorial's average Accounts Receivable for the three months ended in Mar. 2026 was R$9,400 Mil. Hence, Equatorial's Receivables Turnover for the three months ended in Mar. 2026 was 1.27.


Equatorial  (BSP:EQTL3) 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.


Equatorial Receivables Turnover Related Terms


Equatorial Receivables Turnover Historical Data

* Premium members only.

The historical data trend for Equatorial'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.

Equatorial Receivables Turnover Chart

Equatorial 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 5.21 3.98 4.90 4.90 5.46

Equatorial 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 1.26 1.41 1.49 1.35 1.27

BSP:EQTL3 vs NEE, SO, DUK: Receivables Turnover Comparison

For the Utilities - Regulated Electric subindustry, Equatorial'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.


Equatorial Receivables Turnover vs Utilities - Regulated Industry

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

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


BSP:EQTL3
77GF Score
Equatorial SA BSP:EQTL3
Receivables Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Equatorial Receivables Turnover Calculation

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

Equatorial'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 )
=49253.121 / ((8538.999 + 9491.337) / 2 )
=49253.121 / 9015.168
=5.46

Equatorial'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 )
=11982.832 / ((9491.337 + 9308.782) / 2 )
=11982.832 / 9400.0595
=1.27

* 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 1.27 mean?
Equatorial (BSP:EQTL3) has a Receivables Turnover of 1.27 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 Equatorial and its competitors. According to the industry distribution chart, Equatorial ranks #303 out of 495 companies in the Utilities - Regulated industry, placing it in the top 61.2%.
Is Equatorial's Receivables Turnover too high?
Equatorial's current Receivables Turnover is 1.27. The Utilities - Regulated industry median Receivables Turnover is 6.76. Equatorial's value of 1.27 is 81.2% below this industry median. Based on the distribution chart, Equatorial ranks #303 out of 495 companies in the Utilities - Regulated industry, which is below the industry midpoint. Overall, Equatorial has a GF Score™ of 77/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Equatorial's Receivables Turnover compare to NEE and SO?
According to the Utilities - Regulated industry distribution chart, Equatorial ranks #303 out of 495 companies for Receivables Turnover. This places Equatorial in the lower half of its industry. The industry median Receivables Turnover is 6.76. Equatorial's value of 1.27 is 81.2% 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. Equatorial's current Receivables Turnover of 1.27 is 81.2% 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 Equatorial 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. Equatorial's current Receivables Turnover is 1.27. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Equatorial stock overvalued right now?
Based on GuruFocus' analysis, Equatorial (BSP:EQTL3) is currently considered Fairly Valued. The stock's GF Value™ is R$38.30, compared to a current price of R$38.66 — trading 0.9% above its estimated fair value. The current Receivables Turnover is 1.27 and 81.2% below the Utilities - Regulated industry median of 6.76. Equatorial's overall GF Score™ is 77/100 with 5 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 Equatorial (BSP:EQTL3), the current Receivables Turnover is 1.27 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 Equatorial (BSP:EQTL3) Overvalued in 2026?

Based on GuruFocus' analysis, Equatorial stock appears to be overvalued. The current stock price of R$38.66 is trading 0.9% above its estimated GF Value™ of R$38.30. GuruFocus considers Equatorial to be Fairly Valued.

Key valuation signals for BSP:EQTL3:

  • Receivables Turnover: 1.27
  • GF Value™: R$38.30 vs. price of R$38.66 (0.9% above fair value)
  • GF Score™: 77/100 with 5 warning signs
  • Industry Position: 81.2% below the Utilities - Regulated median (#303 of 495)

No single metric tells the full story. See the BSP:EQTL3 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Equatorial Business Description

Other Exchanges EQUEY:USA
Address Alameda A - Quadra SQS, No. 100, Altos do Calhau, Sao Luiz, MA, BRA, 65071680
Equatorial SA holds equity interests in other companies, consortia, and ventures that operate in the electric power sector or related activities and other sectors.
77GF Score

Get the complete analysis for BSP:EQTL3

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

R$38.66
Price
R$38.30
GF Value