Constellation Energy (FRA:E7S) Receivables Turnover : 3.26 (As of Mar. 2024)

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What is Constellation Energy 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. Constellation Energy's Revenue for the three months ended in Mar. 2024 was €5,668 Mil. Constellation Energy's average Accounts Receivable for the three months ended in Mar. 2024 was €1,740 Mil. Hence, Constellation Energy's Receivables Turnover for the three months ended in Mar. 2024 was 3.26.

Constellation Energy Receivables Turnover Historical Data

The historical data trend for Constellation 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.

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Constellation Energy Receivables Turnover Chart

Constellation Energy Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Receivables Turnover

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6.54

7.88

13.67

11.78

10.85

Constellation Energy Quarterly Data
	Dec18	Dec19	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Receivables Turnover	Get a 7-Day Free Trial												3.18	3.13	4.32	3.30	3.26

Competitive Comparison of Constellation Energy's Receivables Turnover

For the Utilities - Renewable subindustry, Constellation 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.

Constellation Energy's Receivables Turnover Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Constellation Energy's Receivables Turnover distribution charts can be found below:

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

Constellation Energy Receivables Turnover Calculation

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

Constellation Energy'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 )
=	22849.806	/ (	(2440.24	+	1773.478)	/	2 )
=	22849.806	/	2106.859
=	10.85

Constellation Energy's Receivables Turnover for the quarter that ended in Mar. 2024 is calculated as

	Receivables Turnover (Q: Mar. 2024 )
=	Revenue	/	Average Total Inventories
=	Revenue (Q: Mar. 2024 )	/ (	(Accounts Receivable (Q: Dec. 2023 )	+	Accounts Receivable (Q: Mar. 2024 ))	/	count )
=	5668.12	/ (	(1773.478	+	1706.6)	/	2 )
=	5668.12	/	1740.039
=	3.26

Constellation Energy (FRA:E7S) 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.

Constellation Energy Receivables Turnover Related Terms

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Constellation Energy (FRA:E7S) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » Constellation Energy Corp (FRA:E7S) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

CEG:USA CEG:Mexico E7S:Germany

Address

1310 Point Street, Baltimore, MD, USA, 21231

Website

https://www.constellation.com

Constellation Energy Corp offers energy solutions. It provides clean energy and sustainable solutions to homes, businesses, the public sector, community aggregations, and a range of wholesale customers (such as municipalities, cooperatives, and other strategics). The company offers comprehensive energy solutions and a variety of pricing options for electric, natural gas, and renewable energy products for companies of any size.

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