Kansai Electric Power Co (Kansai Electric Power Co) Receivables Turnover : 2.46 (As of Dec. 2023)

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What is Kansai Electric Power Co 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. Kansai Electric Power Co's Revenue for the three months ended in Dec. 2023 was $6,425 Mil. Kansai Electric Power Co's average Accounts Receivable for the three months ended in Dec. 2023 was $2,609 Mil. Hence, Kansai Electric Power Co's Receivables Turnover for the three months ended in Dec. 2023 was 2.46.

Kansai Electric Power Co Receivables Turnover Historical Data

The historical data trend for Kansai Electric Power Co'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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Kansai Electric Power Co Receivables Turnover Chart

Kansai Electric Power Co Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Receivables Turnover

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11.10

10.81

10.03

8.58

10.51

Kansai Electric Power Co Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Receivables Turnover	Get a 7-Day Free Trial															2.48	2.88	2.43	2.77	2.46

Competitive Comparison of Kansai Electric Power Co's Receivables Turnover

For the Utilities - Renewable subindustry, Kansai Electric Power Co'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.

Kansai Electric Power Co's Receivables Turnover Distribution in the Utilities - Independent Power Producers Industry

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

* The bar in red indicates where Kansai Electric Power Co's Receivables Turnover falls into.

Kansai Electric Power Co Receivables Turnover Calculation

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

Kansai Electric Power Co's Receivables Turnover for the fiscal year that ended in Mar. 2023 is calculated as

	Receivables Turnover (A: Mar. 2023 )
=	Revenue	/	Average Total Inventories
=	Revenue (A: Mar. 2023 )	/ (	(Accounts Receivable (A: Mar. 2022 )	+	Accounts Receivable (A: Mar. 2023 ))	/	count )
=	29565.733	/ (	(2596.65	+	3027.158)	/	2 )
=	29565.733	/	2811.904
=	10.51

Kansai Electric Power Co's Receivables Turnover for the quarter that ended in Dec. 2023 is calculated as

	Receivables Turnover (Q: Dec. 2023 )
=	Revenue	/	Average Total Inventories
=	Revenue (Q: Dec. 2023 )	/ (	(Accounts Receivable (Q: Sep. 2023 )	+	Accounts Receivable (Q: Dec. 2023 ))	/	count )
=	6424.561	/ (	(2793.121	+	2424.603)	/	2 )
=	6424.561	/	2608.862
=	2.46

Kansai Electric Power Co (OTCPK:KAEPF) 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.

Kansai Electric Power Co Receivables Turnover Related Terms

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Kansai Electric Power Co (Kansai Electric Power Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » Kansai Electric Power Co Inc (OTCPK:KAEPF) » Definitions » Receivables Turnover

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Traded in Other Exchanges

KAEPY:USA 9503:Japan

Address

36-16, Nakanoshima 3-chome, Kita-ku, Osaka, JPN, 530-8270

Website

http://www.kepco.co.jp

Kansai Electric Power Co Inc is an electric utility company that supplies power to the Kansai region of the Japanese archipelago. The company controls a portfolio of hydroelectric, thermal, nuclear, and solar power plants located in Kansai and in other countries throughout Southeast Asia. The vast majority of the energy produced by Kansai Electric comes from its thermal facilities. The company generates most of its revenue from the sale of electricity, heat, and gas to households and corporate customers. Kansai Electric's utility services, information technology, and real estate businesses also represent substantial revenue streams. The company provides energy to a significant percentage of the Japanese population.

Kansai Electric Power Co (Kansai Electric Power Co) Headlines

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