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eEnergy Group (LSE:EAAS) Receivables Turnover : 0.84 (As of Jun. 2023)


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What is eEnergy Group 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. eEnergy Group's Revenue for the six months ended in Jun. 2023 was £18.04 Mil. eEnergy Group's average Accounts Receivable for the six months ended in Jun. 2023 was £21.41 Mil. Hence, eEnergy Group's Receivables Turnover for the six months ended in Jun. 2023 was 0.84.


eEnergy Group Receivables Turnover Historical Data

The historical data trend for eEnergy Group'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.

* Premium members only.

eEnergy Group Receivables Turnover Chart

eEnergy Group Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Jun20 Jun21 Jun22
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 10.57 10.81 3.54

eEnergy Group Semi-Annual Data
Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23
Receivables Turnover Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2.42 1.89 0.15 1.27 0.84

Competitive Comparison of eEnergy Group's Receivables Turnover

For the Electrical Equipment & Parts subindustry, eEnergy Group'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.


eEnergy Group's Receivables Turnover Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, eEnergy Group's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where eEnergy Group's Receivables Turnover falls into.



eEnergy Group Receivables Turnover Calculation

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

eEnergy Group's Receivables Turnover for the fiscal year that ended in Jun. 2022 is calculated as

Receivables Turnover (A: Jun. 2022 )
=Revenue / Average Total Inventories
=Revenue (A: Jun. 2022 ) / ((Accounts Receivable (A: Jun. 2021 ) + Accounts Receivable (A: Jun. 2022 )) / count )
=10.462 / ((2.09 + 3.827) / 2 )
=10.462 / 2.9585
=3.54

eEnergy Group's Receivables Turnover for the quarter that ended in Jun. 2023 is calculated as

Receivables Turnover (Q: Jun. 2023 )
=Revenue / Average Total Inventories
=Revenue (Q: Jun. 2023 ) / ((Accounts Receivable (Q: Dec. 2022 ) + Accounts Receivable (Q: Jun. 2023 )) / count )
=18.035 / ((19.946 + 22.876) / 2 )
=18.035 / 21.411
=0.84

* 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.


eEnergy Group  (LSE:EAAS) 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.


eEnergy Group Receivables Turnover Related Terms

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eEnergy Group (LSE:EAAS) Business Description

Traded in Other Exchanges
N/A
Address
20 St Thomas Street, London, GBR, SE1 9RS
eEnergy Group PLC is energy efficiency as a service company. The company is engaged in the energy efficiency business and focuses on providing Light-as-a-Service to commercial customers through eLight. Its product eLight helps businesses and schools switch to LED lighting for a fixed monthly service fee.

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