Rosseti Volga PJSC (MIC:MRKV) Receivables Turnover: 3.88 (As of Dec. 2023)

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What is Rosseti Volga PJSC Receivables Turnover?

Rosseti Volga PJSC MIC:MRKV -0.15% Receivables Turnover is 3.88 as of Dec. 2023.

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 Volga PJSC's Revenue for the three months ended in Dec. 2023 was ₽20,680 Mil. Rosseti Volga PJSC's average Accounts Receivable for the three months ended in Dec. 2023 was ₽5,333 Mil. Hence, Rosseti Volga PJSC's Receivables Turnover for the three months ended in Dec. 2023 was 3.88.


Rosseti Volga PJSC  (MIC:MRKV) 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 Volga PJSC Receivables Turnover Related Terms


Rosseti Volga PJSC Receivables Turnover Historical Data

* Premium members only.

The historical data trend for Rosseti Volga 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 Volga PJSC Receivables Turnover Chart

Rosseti Volga 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 10.11 11.36 12.41 10.69 12.36

Rosseti Volga PJSC Quarterly Data
Sep18 Dec18 Jun19 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 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 3.13 2.85 2.66 3.07 3.88

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

For the Utilities - Regulated Electric subindustry, Rosseti Volga 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 Volga PJSC Receivables Turnover vs Utilities - Regulated Industry

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

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



Rosseti Volga PJSC Receivables Turnover Calculation

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

Rosseti Volga 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 )
=77044.745 / ((7129.293 + 5336.224) / 2 )
=77044.745 / 6232.7585
=12.36

Rosseti Volga 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: Sep. 2023 ) + Accounts Receivable (Q: Dec. 2023 )) / count )
=20679.846 / ((5330.012 + 5336.224) / 2 )
=20679.846 / 5333.118
=3.88

* 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 3.88 mean?
Rosseti Volga PJSC (MIC:MRKV) has a Receivables Turnover of 3.88 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 Volga PJSC and its competitors.
Is Rosseti Volga PJSC's Receivables Turnover too high?
Rosseti Volga PJSC's current Receivables Turnover is 3.88. The Utilities - Regulated industry median Receivables Turnover is 6.80. Rosseti Volga PJSC's value of 3.88 is 42.9% below this industry median.
How does Rosseti Volga PJSC's Receivables Turnover compare to NEE and SO?
Rosseti Volga PJSC's Receivables Turnover of 3.88 can be compared against companies in the Utilities - Regulated industry. The industry median Receivables Turnover is 6.80. Rosseti Volga PJSC's value of 3.88 is 42.9% 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 an Utilities - Regulated company?
The median Receivables Turnover among Utilities - Regulated companies is 6.80, based on 495 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 Volga PJSC's current Receivables Turnover of 3.88 is 42.9% 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 Rosseti Volga PJSC and its competitors. For the Utilities - Regulated industry, the median Receivables Turnover is 6.80 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Rosseti Volga PJSC's current Receivables Turnover is 3.88. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Rosseti Volga PJSC stock overvalued right now?
Rosseti Volga PJSC (MIC:MRKV) has a current Receivables Turnover of 3.88. The current Receivables Turnover is 3.88 and 42.9% below the Utilities - Regulated industry median of 6.80. 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 Volga PJSC (MIC:MRKV), the current Receivables Turnover is 3.88 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 Volga PJSC Business Description

Address 42/44 Pervomayskaya Street, Saratov, RUS, 410031
Rosseti Volga PJSC is a Russian company engaged in the distribution of electrical energy. The company's segment includes Saratov Region; Orenburg Region; Samara Region; Penza Region; Ulyanovsk Region; Republic of Chuvashia; Republic of Mordovia and other. It derives a majority of revenue from Saratov Region.