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EIX (Edison International) Receivables Turnover : 2.17 (As of Sep. 2024)


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What is Edison International 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. Edison International's Revenue for the three months ended in Sep. 2024 was $5,201 Mil. Edison International's average Accounts Receivable for the three months ended in Sep. 2024 was $2,400 Mil. Hence, Edison International's Receivables Turnover for the three months ended in Sep. 2024 was 2.17.


Edison International Receivables Turnover Historical Data

The historical data trend for Edison International'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.

Edison International Receivables Turnover Chart

Edison International Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 16.27 14.16 11.79 11.13 8.81

Edison International Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 2.30 1.69 2.09 2.22 2.17

Competitive Comparison of Edison International's Receivables Turnover

For the Utilities - Regulated Electric subindustry, Edison International'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.


Edison International's Receivables Turnover Distribution in the Utilities - Regulated Industry

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

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



Edison International Receivables Turnover Calculation

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

Edison International's Receivables Turnover for the fiscal year that ended in Dec. 2023 is calculated as

Receivables Turnover (A: Dec. 2023 )
=Revenue / Average Total Inventories
=Revenue (A: Dec. 2023 ) / ((Accounts Receivable (A: Dec. 2022 ) + Accounts Receivable (A: Dec. 2023 )) / count )
=16338 / ((1695 + 2016) / 2 )
=16338 / 1855.5
=8.81

Edison International's Receivables Turnover for the quarter that ended in Sep. 2024 is calculated as

Receivables Turnover (Q: Sep. 2024 )
=Revenue / Average Total Inventories
=Revenue (Q: Sep. 2024 ) / ((Accounts Receivable (Q: Jun. 2024 ) + Accounts Receivable (Q: Sep. 2024 )) / count )
=5201 / ((2020 + 2780) / 2 )
=5201 / 2400
=2.17

* 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.


Edison International  (NYSE:EIX) 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.


Edison International Receivables Turnover Related Terms

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Edison International Business Description

Traded in Other Exchanges
Address
2244 Walnut Grove Avenue, P.O. Box 976, Rosemead, CA, USA, 91770
Edison International is the parent company of Southern California Edison, an electric utility that distributes electricity to 5 million customers in a 50,000-square-mile area of Southern California, excluding Los Angeles. Edison Energy owns interests in nonutility businesses that deal in energy-related products and services. In 2014, Edison International sold its wholesale power generation subsidiary Edison Mission Energy out of bankruptcy to NRG Energy.
Executives
Peter J. Taylor director 2244 WALNUT GROVE AVENUE, ROSEMEAD CA 91770
Keith Trent director 2244 WALNUT GROVE AVENUE, ROSEMEAD CA 91770
Maria C. Rigatti officer: Executive Vice President & CFO 2244 WALNUT GROVE AVENUE, ROSEMEAD CA 91770
Adam S Umanoff officer: EVP and General Counsel 2244 WALNUT GROVE AVENUE, ROSEMEAD CA 91770
J Andrew Murphy officer: Senior Vice President 211 CARNEGIE CENTER, PRINCETON NJ 08540
Natalie K Schilling officer: SENIOR VICE PRESIDENT 2244 WALNUT GROVE AVE, ROSEMEAD CA 91770
Caroline Choi officer: Senior Vice President 2244 WALNUT GROVE AVENUE, ROSEMEAD CA 91770
Kara Gostenhofer Ryan officer: VP, CAO and Controller 1111 LOUISIANA STREET, # 4600, HOUSTON TX 77002
Chang Vanessa C L director P O BOX 800, 2244 WALNUT GROVE, ROSEMEAD CA 91770
Kate Sturgess officer: Vice President and Controller 2244 WALNUT GROVE AVENUE, ROSEMEAD CA 91770
Marcy L. Reed director 84 SOUTH SHORE DR, STURBRIDGE MA 01566
Jill Charlotte Anderson officer: Executive Vice President, SCE 2244 WALNUT GROVE AVENUE, ROSEMEAD CA 91770
Carey A. Smith director 6210 ARDREY KELL ROAD, CHARLOTTE NC 28277
Steven D Powell officer: Executive Vice President, SCE 2244 WALNUT GROVE AVENUE, ROSEMEAD CA 91770
Jeanne Beliveau-dunn director C/O XYLEM INC., 1 INTERNATIONAL DRIVE, RYE BROOK NY 10573