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. Hawaiian Electric Industries's Revenue for the
three
months ended in Mar. 2026 was $746 Mil. Hawaiian Electric Industries's average Accounts Receivable for the
three
months ended in Mar. 2026 was $472 Mil.
Hence, Hawaiian Electric Industries's Receivables Turnover for the
three
months ended in Mar. 2026 was 1.58.
Hawaiian Electric Industries (NYSE:HE) 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.
Hawaiian Electric Industries Receivables Turnover Related Terms
Hawaiian Electric Industries 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.
Hawaiian Electric Industries Receivables Turnover Chart
HE vs MGEE, IMSR, NKLR: Receivables Turnover Comparison
For the Utilities - Regulated Electric subindustry, Hawaiian Electric Industries'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.
Hawaiian Electric Industries Receivables Turnover vs Utilities - Regulated Industry
For the Utilities - Regulated industry and Utilities sector, Hawaiian Electric Industries's Receivables Turnover distribution charts can be found below:
* The bar in red indicates where Hawaiian Electric Industries'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.
Hawaiian Electric Industries (HE) has a Receivables Turnover of 1.58 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 Hawaiian Electric Industries and its competitors. According to the industry distribution chart, Hawaiian Electric Industries ranks #257 out of 496 companies in the Utilities - Regulated industry, placing it in the top 51.8%.
Is Hawaiian Electric Industries' Receivables Turnover too high?
Hawaiian Electric Industries' current Receivables Turnover is 1.58. The Utilities - Regulated industry median Receivables Turnover is 6.77. Hawaiian Electric Industries' value of 1.58 is 76.6% below this industry median. Based on the distribution chart, Hawaiian Electric Industries ranks #257 out of 496 companies in the Utilities - Regulated industry, which is below the industry midpoint. Overall, Hawaiian Electric Industries has a GF Score™ of 64/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Hawaiian Electric Industries' Receivables Turnover compare to MGEE and IMSR?
According to the Utilities - Regulated industry distribution chart, Hawaiian Electric Industries ranks #257 out of 496 companies for Receivables Turnover. This places Hawaiian Electric Industries in the lower half of its industry. The industry median Receivables Turnover is 6.77. Hawaiian Electric Industries' value of 1.58 is 76.6% 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 6.77, 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. Hawaiian Electric Industries's current Receivables Turnover of 1.58 is 76.6% 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 Hawaiian Electric Industries 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. Hawaiian Electric Industries's current Receivables Turnover is 1.58. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hawaiian Electric Industries stock overvalued right now?
Based on GuruFocus' analysis, Hawaiian Electric Industries (HE) is currently considered Significantly Overvalued. The stock's GF Value™ is $8.05, compared to a current price of $13.57 — trading 68.6% above its estimated fair value. The current Receivables Turnover is 1.58 and 76.6% below the Utilities - Regulated industry median of 6.77. Hawaiian Electric Industries' overall GF Score™ is 64/100 with 3 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 Hawaiian Electric Industries (HE), the current Receivables Turnover is 1.58 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 Hawaiian Electric Industries (HE) Overvalued in 2026?
Based on GuruFocus' analysis, Hawaiian Electric Industries stock appears to be overvalued.
The current stock price of $13.57 is trading 68.6% above its estimated GF Value™ of $8.05.
GuruFocus considers Hawaiian Electric Industries to be Significantly Overvalued.
Key valuation signals for HE:
Receivables Turnover: 1.58
GF Value™: $8.05 vs. price of $13.57 (68.6% above fair value)
Industry Position: 76.6% below the Utilities - Regulated median (#257 of 496)
No single metric tells the full story. See the HE stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Hawaiian Electric Industries is the parent company of three Hawaii-based regulated utilities and owns a 10% minority interest in Hawaii's American Savings Bank. The utilities provide electricity on the five islands of Oahu, Hawaii, Maui, Molokai, and Lanai.
64GF Score
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