Rosseti Lenenergo PJSC (MIC:LSNG) Receivables Turnover: 14.27 (As of Dec. 2023)


MIC:LSNG Rosseti Lenenergo PJSC MIC:LSNG
17 GF Score
Price ₽12.32
View Full Analysis

What is Rosseti Lenenergo PJSC Receivables Turnover?

Rosseti Lenenergo PJSC MIC:LSNG +1.40% 17 Receivables Turnover is 14.27 as of Dec. 2023. GuruFocus rates MIC:LSNG 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. Rosseti Lenenergo PJSC's Revenue for the six months ended in Dec. 2023 was ₽55,306 Mil. Rosseti Lenenergo PJSC's average Accounts Receivable for the six months ended in Dec. 2023 was ₽3,876 Mil. Hence, Rosseti Lenenergo PJSC's Receivables Turnover for the six months ended in Dec. 2023 was 14.27.


Rosseti Lenenergo PJSC  (MIC:LSNG) 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.


Rosseti Lenenergo PJSC Receivables Turnover Related Terms


Rosseti Lenenergo PJSC Receivables Turnover Historical Data

* Premium members only.

The historical data trend for Rosseti Lenenergo 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.

Rosseti Lenenergo PJSC Receivables Turnover Chart

Rosseti Lenenergo PJSC 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 25.60 28.28 25.71 21.68 23.15

Rosseti Lenenergo PJSC Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 12.68 13.24 12.61 13.44 14.27

MIC:LSNG vs NEE, SO, DUK: Receivables Turnover Comparison

For the Utilities - Regulated Electric subindustry, Rosseti Lenenergo 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.


Rosseti Lenenergo PJSC Receivables Turnover vs Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Rosseti Lenenergo PJSC's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Rosseti Lenenergo PJSC's Receivables Turnover falls into.


MIC:LSNG
17GF Score
Rosseti Lenenergo PJSC MIC:LSNG
Receivables Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Rosseti Lenenergo PJSC Receivables Turnover Calculation

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

Rosseti Lenenergo PJSC's Receivables Turnover for the fiscal year that ended in Dec. 2023 is calculated as

Receivables Turnover (A: Dec. 2023 )
=Revenue / Average Accounts Receivable
=Revenue (A: Dec. 2023 ) / ((Accounts Receivable (A: Dec. 2022 ) + Accounts Receivable (A: Dec. 2023 )) / count )
=108842.107 / ((4808.534 + 4594.003) / 2 )
=108842.107 / 4701.2685
=23.15

Rosseti Lenenergo PJSC's Receivables Turnover for the quarter that ended in Dec. 2023 is calculated as

Receivables Turnover (Q: Dec. 2023 )
=Revenue / Average Accounts Receivable
=Revenue (Q: Dec. 2023 ) / ((Accounts Receivable (Q: Jun. 2023 ) + Accounts Receivable (Q: Dec. 2023 )) / count )
=55305.969 / ((3158.463 + 4594.003) / 2 )
=55305.969 / 3876.233
=14.27

* 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 14.27 mean?
Rosseti Lenenergo PJSC (MIC:LSNG) has a Receivables Turnover of 14.27 as of Dec. 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 Rosseti Lenenergo PJSC and its competitors.
Is Rosseti Lenenergo PJSC's Receivables Turnover too high?
Rosseti Lenenergo PJSC's current Receivables Turnover is 14.27. The Utilities - Regulated industry median Receivables Turnover is 6.77. Rosseti Lenenergo PJSC's value of 14.27 is 110.8% above this industry median. Overall, Rosseti Lenenergo PJSC has a GF Score™ of 17/100, reflecting its overall financial health beyond just this single metric.
How does Rosseti Lenenergo PJSC's Receivables Turnover compare to NEE and SO?
Rosseti Lenenergo PJSC's Receivables Turnover of 14.27 can be compared against companies in the Utilities - Regulated industry. The industry median Receivables Turnover is 6.77. Rosseti Lenenergo PJSC's value of 14.27 is 110.8% above 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 497 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. Rosseti Lenenergo PJSC's current Receivables Turnover of 14.27 is 110.8% above 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 Rosseti Lenenergo PJSC 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. Rosseti Lenenergo PJSC's current Receivables Turnover is 14.27. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Rosseti Lenenergo PJSC stock overvalued right now?
Rosseti Lenenergo PJSC (MIC:LSNG) has a current Receivables Turnover of 14.27. The current Receivables Turnover is 14.27 and 110.8% above the Utilities - Regulated industry median of 6.77. Rosseti Lenenergo 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 Rosseti Lenenergo PJSC (MIC:LSNG), the current Receivables Turnover is 14.27 as of Dec. 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.

Rosseti Lenenergo PJSC Business Description

Address 1, Constitution Square, St Petersburg, RUS, 196247
Rosseti Lenenergo PJSC is a electricity distribution company in Russia. The company provides electricity over 110-0.4-kV networks and access for consumers to the electricity network in the Saint Petersburg and the Leningrad Region. It provides electricity transmission services and other services integral to the process of supplying electricity to consumers; and connects power receivers (power units) of businesses and individuals to the grid.
17GF Score

Get the complete analysis for MIC:LSNG

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

₽12.32
Price