Grenergy Renovables (FRA:5GR) Receivables Turnover : 10.59 (As of Dec. 2024)

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What is Grenergy Renovables 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. Grenergy Renovables's Revenue for the six months ended in Dec. 2024 was €407.5 Mil. Grenergy Renovables's average Accounts Receivable for the six months ended in Dec. 2024 was €38.5 Mil. Hence, Grenergy Renovables's Receivables Turnover for the six months ended in Dec. 2024 was 10.59.

Grenergy Renovables Receivables Turnover Historical Data

The historical data trend for Grenergy Renovables'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.

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Grenergy Renovables Receivables Turnover Chart

Grenergy Renovables Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Receivables Turnover

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3.44

2.73

2.31

4.21

15.71

Grenergy Renovables Semi-Annual Data
	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24
Receivables Turnover	Get a 7-Day Free Trial															1.15	1.11	2.59	2.96	10.59

Competitive Comparison of Grenergy Renovables's Receivables Turnover

For the Engineering & Construction subindustry, Grenergy Renovables'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.

Grenergy Renovables's Receivables Turnover Distribution in the Construction Industry

For the Construction industry and Industrials sector, Grenergy Renovables's Receivables Turnover distribution charts can be found below:

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

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Grenergy Renovables Receivables Turnover Calculation

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

Grenergy Renovables's Receivables Turnover for the fiscal year that ended in Dec. 2024 is calculated as

	Receivables Turnover (A: Dec. 2024 )
=	Revenue	/	Average Total Inventories
=	Revenue (A: Dec. 2024 )	/ (	(Accounts Receivable (A: Dec. 2023 )	+	Accounts Receivable (A: Dec. 2024 ))	/	count )
=	531.58	/ (	(37.264	+	30.389)	/	2 )
=	531.58	/	33.8265
=	15.71

Grenergy Renovables's Receivables Turnover for the quarter that ended in Dec. 2024 is calculated as

	Receivables Turnover (Q: Dec. 2024 )
=	Revenue	/	Average Total Inventories
=	Revenue (Q: Dec. 2024 )	/ (	(Accounts Receivable (Q: Jun. 2024 )	+	Accounts Receivable (Q: Dec. 2024 ))	/	count )
=	407.474	/ (	(46.596	+	30.389)	/	2 )
=	407.474	/	38.4925
=	10.59

Grenergy Renovables (FRA:5GR) 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.

Grenergy Renovables Receivables Turnover Related Terms

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Grenergy Renovables Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Grenergy Renovables SA (FRA:5GR) » Definitions » Receivables Turnover

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GREe:UK GRE:Spain

Address

Calle Rafael Boti, 26, Madrid, ESP, 28023

Website

https://www.grenergy.eu

Grenergy Renovables SA is a Spanish Independent Power Producer (IPP) that designs, develops, and executes renewable energy plants on a large scale. Its services are divided into different activities including the promotion, commercialization, and construction of renewable energy installations, the production and commercialization of electric energy as well as any complementary activities, and the management and operation of renewable energy installations. It operates in segments that include: Development and Construction which also generates key revenue for the company; Energy; Commercialization, and Services. Geographically, the company generates revenue from Chile, Mexico, Peru, Argentina, Colombia, Spain and other regions.

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