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Ste Electrique de L'Our SEO (LUX:SEO15) Receivables Turnover : 11.96 (As of Jun. 2024)


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What is Ste Electrique de L'Our SEO 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. Ste Electrique de L'Our SEO's Revenue for the six months ended in Jun. 2024 was €21.95 Mil. Ste Electrique de L'Our SEO's average Accounts Receivable for the six months ended in Jun. 2024 was €1.84 Mil. Hence, Ste Electrique de L'Our SEO's Receivables Turnover for the six months ended in Jun. 2024 was 11.96.


Ste Electrique de L'Our SEO Receivables Turnover Historical Data

The historical data trend for Ste Electrique de L'Our SEO'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.

Ste Electrique de L'Our SEO Receivables Turnover Chart

Ste Electrique de L'Our SEO Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 26.74 24.30 11.74 19.98 21.00

Ste Electrique de L'Our SEO Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
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 11.53 12.82 17.38 15.41 11.96

Competitive Comparison of Ste Electrique de L'Our SEO's Receivables Turnover

For the Utilities - Regulated Electric subindustry, Ste Electrique de L'Our SEO'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.


Ste Electrique de L'Our SEO's Receivables Turnover Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Ste Electrique de L'Our SEO's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Ste Electrique de L'Our SEO's Receivables Turnover falls into.



Ste Electrique de L'Our SEO Receivables Turnover Calculation

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

Ste Electrique de L'Our SEO'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 )
=33.876 / ((1.264 + 1.962) / 2 )
=33.876 / 1.613
=21.00

Ste Electrique de L'Our SEO's Receivables Turnover for the quarter that ended in Jun. 2024 is calculated as

Receivables Turnover (Q: Jun. 2024 )
=Revenue / Average Total Inventories
=Revenue (Q: Jun. 2024 ) / ((Accounts Receivable (Q: Dec. 2023 ) + Accounts Receivable (Q: Jun. 2024 )) / count )
=21.948 / ((1.962 + 1.708) / 2 )
=21.948 / 1.835
=11.96

* 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.


Ste Electrique de L'Our SEO  (LUX:SEO15) 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.


Ste Electrique de L'Our SEO Receivables Turnover Related Terms

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Ste Electrique de L'Our SEO Business Description

Traded in Other Exchanges
Address
2 Rue Pierre d'Aspelt, Luxembourg, LUX, 11 42
Ste Electrique de L'Our SA SEO runs the Vianden pumped storage power plant to generate peak electricity. In addition, it also operates hydroelectric power plants on the Mosel and wind turbines.

Ste Electrique de L'Our SEO Headlines

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