EN+ GROUP International PJSC (MIC:ENPG) Receivables Turnover: 6.69 (As of Jun. 2023)

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MIC:ENPG EN+ GROUP International PJSC MIC:ENPG
17 GF Score
Price ₽324.95
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What is EN+ GROUP International PJSC Receivables Turnover?

EN+ GROUP International PJSC MIC:ENPG +0.59% 17 Receivables Turnover is 6.69 as of Jun. 2023. GuruFocus rates MIC:ENPG with a GF Score™ of 17/100.

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. EN+ GROUP International PJSC's Revenue for the six months ended in Jun. 2023 was ₽591,081 Mil. EN+ GROUP International PJSC's average Accounts Receivable for the six months ended in Jun. 2023 was ₽88,310 Mil. Hence, EN+ GROUP International PJSC's Receivables Turnover for the six months ended in Jun. 2023 was 6.69.


EN+ GROUP International PJSC  (MIC:ENPG) 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.


EN+ GROUP International PJSC Receivables Turnover Related Terms


EN+ GROUP International PJSC Receivables Turnover Historical Data

* Premium members only.

The historical data trend for EN+ GROUP International PJSC'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.

EN+ GROUP International PJSC Receivables Turnover Chart

EN+ GROUP International PJSC Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only 20.85 14.98 15.19 16.11 12.52

EN+ GROUP International PJSC Semi-Annual Data
Dec14 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 8.07 7.62 5.98 5.65 6.69

MIC:ENPG vs AA, CSTM: Receivables Turnover Comparison

For the Aluminum subindustry, EN+ GROUP International PJSC'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.


EN+ GROUP International PJSC Receivables Turnover vs Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, EN+ GROUP International PJSC's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where EN+ GROUP International PJSC's Receivables Turnover falls into.


MIC:ENPG
17GF Score
EN+ GROUP International PJSC MIC:ENPG
Receivables Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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EN+ GROUP International PJSC Receivables Turnover Calculation

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

EN+ GROUP International PJSC's Receivables Turnover for the fiscal year that ended in Dec. 2022 is calculated as

Receivables Turnover (A: Dec. 2022 )
=Revenue / Average Accounts Receivable
=Revenue (A: Dec. 2022 ) / ((Accounts Receivable (A: Dec. 2021 ) + Accounts Receivable (A: Dec. 2022 )) / count )
=1012798.817 / ((79480.123 + 82314.001) / 2 )
=1012798.817 / 80897.062
=12.52

EN+ GROUP International PJSC's Receivables Turnover for the quarter that ended in Jun. 2023 is calculated as

Receivables Turnover (Q: Jun. 2023 )
=Revenue / Average Accounts Receivable
=Revenue (Q: Jun. 2023 ) / ((Accounts Receivable (Q: Dec. 2022 ) + Accounts Receivable (Q: Jun. 2023 )) / count )
=591080.977 / ((82314.001 + 94306.755) / 2 )
=591080.977 / 88310.378
=6.69

* 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.

Frequently Asked Questions Learn more about Receivables Turnover →
What does a Receivables Turnover of 6.69 mean?
EN+ GROUP International PJSC (MIC:ENPG) has a Receivables Turnover of 6.69 as of Jun. 2023. 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 EN+ GROUP International PJSC and its competitors.
Is EN+ GROUP International PJSC's Receivables Turnover too high?
EN+ GROUP International PJSC's current Receivables Turnover is 6.69. The Metals & Mining industry median Receivables Turnover is 9.49. EN+ GROUP International PJSC's value of 6.69 is 29.5% below this industry median. Overall, EN+ GROUP International PJSC has a GF Score™ of 17/100, reflecting its overall financial health beyond just this single metric.
How does EN+ GROUP International PJSC's Receivables Turnover compare to AA and CSTM?
EN+ GROUP International PJSC's Receivables Turnover of 6.69 can be compared against companies in the Metals & Mining industry. The industry median Receivables Turnover is 9.49. EN+ GROUP International PJSC's value of 6.69 is 29.5% 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 a Metals & Mining company?
The median Receivables Turnover among Metals & Mining companies is 9.49, based on 781 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. EN+ GROUP International PJSC's current Receivables Turnover of 6.69 is 29.5% 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 EN+ GROUP International PJSC and its competitors. For the Metals & Mining industry, the median Receivables Turnover is 9.49 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. EN+ GROUP International PJSC's current Receivables Turnover is 6.69. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is EN+ GROUP International PJSC stock overvalued right now?
EN+ GROUP International PJSC (MIC:ENPG) has a current Receivables Turnover of 6.69. The current Receivables Turnover is 6.69 and 29.5% below the Metals & Mining industry median of 9.49. EN+ GROUP International PJSC's overall GF Score™ is 17/100. 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 EN+ GROUP International PJSC (MIC:ENPG), the current Receivables Turnover is 6.69 as of Jun. 2023. 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.

EN+ GROUP International PJSC Business Description

Address Oktyabrskaya Street 8, Office 34, Kaliningrad Region, Kaliningrad, RUS, 236006
EN+ GROUP International PJSC is engaged in the production of aluminum, energy generation, and distribution, and other businesses. It operates through two business segments namely, the Metal segment and the Power segment. The Metals segment's operations include the extraction and refinement of bauxite into alumina and the production and sale of primary aluminum, alumina, and related products. It generates maximum revenue from the Metal segment. Geographically, it derives a majority of its revenue from Russia and also has a presence in Turkey; Netherlands; USA; South Korea; Italy; Poland; Japan; Germany; France; Norway; Greece; Sweden; China, and Other countries.
17GF Score

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Receivables Turnover is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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