CMS EnergyCMS +2.38%67 Receivables Turnover is 2.02 as of Mar. 2026. GuruFocus rates CMS with a GF Score™ of 67/100 and a GF Value™ of $76.07 (Fairly Valued). The stock has 11 warning signs investors should review. Among 495 Utilities - Regulated companies, CMS Energy ranks better than 58.79% 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. CMS Energy's Revenue for the
three
months ended in Mar. 2026 was $2,730 Mil. CMS Energy's average Accounts Receivable for the
three
months ended in Mar. 2026 was $1,354 Mil.
Hence, CMS Energy's Receivables Turnover for the
three
months ended in Mar. 2026 was 2.02.
CMS Energy (NYSE:CMS) 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.
CMS Energy Receivables Turnover Related Terms
CMS Energy Receivables Turnover Historical Data
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The historical data trend for CMS Energy'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.
CMS vs ES, PPL, FE: Receivables Turnover Comparison
For the Utilities - Regulated Electric subindustry, CMS Energy'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.
CMS Energy Receivables Turnover vs Utilities - Regulated Industry
For the Utilities - Regulated industry and Utilities sector, CMS Energy's Receivables Turnover distribution charts can be found below:
* The bar in red indicates where CMS Energy's Receivables Turnover falls into.
* 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.
CMS Energy (CMS) has a Receivables Turnover of 2.02 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 CMS Energy and its competitors. According to the industry distribution chart, CMS Energy ranks #204 out of 495 companies in the Utilities - Regulated industry, placing it in the top 41.2%.
Is CMS Energy's Receivables Turnover too high?
CMS Energy's current Receivables Turnover is 2.02. The Utilities - Regulated industry median Receivables Turnover is 6.76. CMS Energy's value of 2.02 is 70.1% below this industry median. Based on the distribution chart, CMS Energy ranks #204 out of 495 companies in the Utilities - Regulated industry, which is above the industry midpoint. Overall, CMS Energy has a GF Score™ of 67/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does CMS Energy's Receivables Turnover compare to ES and PPL?
According to the Utilities - Regulated industry distribution chart, CMS Energy ranks #204 out of 495 companies for Receivables Turnover. This puts CMS Energy in the upper half of its industry. The industry median Receivables Turnover is 6.76. CMS Energy's value of 2.02 is 70.1% 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. CMS Energy's current Receivables Turnover of 2.02 is 70.1% 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 CMS Energy 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. CMS Energy's current Receivables Turnover is 2.02. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CMS Energy stock overvalued right now?
Based on GuruFocus' analysis, CMS Energy (CMS) is currently considered Fairly Valued. The stock's GF Value™ is $76.07, compared to a current price of $77.73 — trading 2.2% above its estimated fair value. The current Receivables Turnover is 2.02 and 70.1% below the Utilities - Regulated industry median of 6.76. CMS Energy's overall GF Score™ is 67/100 with 11 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 CMS Energy (CMS), the current Receivables Turnover is 2.02 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 CMS Energy (CMS) Overvalued in 2026?
Based on GuruFocus' analysis, CMS Energy stock appears to be overvalued.
The current stock price of $77.73 is trading 2.2% above its estimated GF Value™ of $76.07.
GuruFocus considers CMS Energy to be Fairly Valued.
Key valuation signals for CMS:
Receivables Turnover: 2.02
GF Value™: $76.07 vs. price of $77.73 (2.2% above fair value)
Industry Position: 70.1% below the Utilities - Regulated median (#204 of 495)
No single metric tells the full story. See the CMS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
CMS Energy is an energy holding company with three principal businesses. Its regulated utility, Consumers Energy, provides regulated natural gas service to 1.8 million customers and electric service to 1.9 million customers in Michigan. NorthStar Clean Energy, formerly CMS Enterprises, is engaged in wholesale power generation, including contracted renewable energy. CMS sold EnerBank in October 2021.
67GF Score
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