Cia Energetica DE Minas Gerais - Cemig (FRA:CIDS) 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.
Cia Energetica DE Minas Gerais - Cemig Receivables Turnover Related Terms
Cia Energetica DE Minas Gerais - Cemig Receivables Turnover Historical Data
* 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.
Cia Energetica DE Minas Gerais - Cemig Receivables Turnover Chart
Cia Energetica DE Minas Gerais - Cemig Annual Data
FRA:CIDS vs NEE, SO, DUK: Receivables Turnover Comparison
For the Utilities - Regulated Electric subindustry, Cia Energetica DE Minas Gerais - Cemig'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.
Cia Energetica DE Minas Gerais - Cemig Receivables Turnover vs Utilities - Regulated Industry
For the Utilities - Regulated industry and Utilities sector, Cia Energetica DE Minas Gerais - Cemig's Receivables Turnover distribution charts can be found below:
* The bar in red indicates where Cia Energetica DE Minas Gerais - Cemig'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.
What does a Receivables Turnover of 1,885.76 mean?
Cia Energetica DE Minas Gerais - Cemig (FRA:CIDS) has a Receivables Turnover of 1,885.76 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 Cia Energetica DE Minas Gerais - Cemig and its competitors. According to the industry distribution chart, Cia Energetica DE Minas Gerais - Cemig ranks #1 out of 496 companies in the Utilities - Regulated industry, placing it in the top 0.2%.
Is Cia Energetica DE Minas Gerais - Cemig's Receivables Turnover too high?
Cia Energetica DE Minas Gerais - Cemig's current Receivables Turnover is 1,885.76. The Utilities - Regulated industry median Receivables Turnover is 6.77. Cia Energetica DE Minas Gerais - Cemig's value of 1,885.76 is 27775.2% above this industry median. Based on the distribution chart, Cia Energetica DE Minas Gerais - Cemig ranks #1 out of 496 companies in the Utilities - Regulated industry, which is in the top quartile — a strong position relative to peers. Overall, Cia Energetica DE Minas Gerais - Cemig has a GF Score™ of 66/100, reflecting its overall financial health beyond just this single metric.
How does Cia Energetica DE Minas Gerais - Cemig's Receivables Turnover compare to NEE and SO?
According to the Utilities - Regulated industry distribution chart, Cia Energetica DE Minas Gerais - Cemig ranks #1 out of 496 companies for Receivables Turnover. This places Cia Energetica DE Minas Gerais - Cemig in the top 0% of its industry — outperforming the majority of peers. The industry median Receivables Turnover is 6.77. Cia Energetica DE Minas Gerais - Cemig's value of 1,885.76 is 27775.2% above 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 6.77, based on 496 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. Cia Energetica DE Minas Gerais - Cemig's current Receivables Turnover of 1,885.76 is 27775.2% above 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 Cia Energetica DE Minas Gerais - Cemig and its competitors. For the Utilities - Regulated industry, the median Receivables Turnover is 6.77 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Cia Energetica DE Minas Gerais - Cemig's current Receivables Turnover is 1,885.76. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Cia Energetica DE Minas Gerais - Cemig stock overvalued right now?
Cia Energetica DE Minas Gerais - Cemig (FRA:CIDS) has a current Receivables Turnover of 1,885.76. The stock's GF Value™ is €556.66, compared to a current price of €2.52 — trading 99.5% below its estimated fair value. The current Receivables Turnover is 1,885.76 and 27775.2% above the Utilities - Regulated industry median of 6.77. Cia Energetica DE Minas Gerais - Cemig's overall GF Score™ is 66/100 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 Cia Energetica DE Minas Gerais - Cemig (FRA:CIDS), the current Receivables Turnover is 1,885.76 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 Cia Energetica DE Minas Gerais - Cemig (FRA:CIDS) Overvalued in 2026?
Based on GuruFocus' analysis, Cia Energetica DE Minas Gerais - Cemig stock appears to be undervalued.
The current stock price of €2.52 is trading 99.5% below its estimated GF Value™ of €556.66.
Key valuation signals for FRA:CIDS:
Receivables Turnover: 1,885.76
GF Value™: €556.66 vs. price of €2.52 (99.5% below fair value)
Industry Position: 27775.2% above the Utilities - Regulated median (#1 of 496)
No single metric tells the full story. See the FRA:CIDS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Cia Energetica DE Minas Gerais - Cemig Business Description
Cia Energetica DE Minas Gerais - Cemig is a Brazilian energy company engaged in the generation, transmission, distribution, and commercialization of electricity, as well as natural gas distribution. The company operates through six segments: Generation, Transmission, Trading, Distribution, Gas, and Investees. Its activities include power generation mainly from hydroelectric sources, operation and maintenance of transmission and distribution infrastructure, electricity sales to captive and free-market customers, and gas distribution in Minas Gerais. The company derives a majority of its revenue from the Distribution segment, which comprises the distribution and sale of electricity to captive customers, and the operation and maintenance of infrastructure and related services.
66GF Score
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