Territorial Generating Co No 1 PJSC (MIC:TGKA) Receivables Turnover: 1.95 (As of Sep. 2023)


What is Territorial Generating Co No 1 PJSC Receivables Turnover?

Territorial Generating Co No 1 PJSC MIC:TGKA -0.77% Receivables Turnover is 1.95 as of Sep. 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. Territorial Generating Co No 1 PJSC's Revenue for the three months ended in Sep. 2023 was ₽17,435 Mil. Territorial Generating Co No 1 PJSC's average Accounts Receivable for the three months ended in Sep. 2023 was ₽8,930 Mil. Hence, Territorial Generating Co No 1 PJSC's Receivables Turnover for the three months ended in Sep. 2023 was 1.95.

Territorial Generating Co No 1 PJSC  (MIC:TGKA) 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.

Territorial Generating Co No 1 PJSC Receivables Turnover Related Terms

Territorial Generating Co No 1 PJSC Receivables Turnover Historical Data

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The historical data trend for Territorial Generating Co No 1 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.

Territorial Generating Co No 1 PJSC Receivables Turnover Chart

Territorial Generating Co No 1 PJSC Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.24 5.01 5.46 7.14 7.76

Territorial Generating Co No 1 PJSC Quarterly Data
Jun17 Dec17 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Jun23 Sep23
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 2.49 1.43 0.00 2.28 1.95

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

For the Utilities - Regulated Electric subindustry, Territorial Generating Co No 1 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.

Territorial Generating Co No 1 PJSC Receivables Turnover vs Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Territorial Generating Co No 1 PJSC's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Territorial Generating Co No 1 PJSC's Receivables Turnover falls into.


Territorial Generating Co No 1 PJSC Receivables Turnover Calculation

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

Territorial Generating Co No 1 PJSC's Receivables Turnover for the fiscal year that ended in Dec. 2021 is calculated as

Receivables Turnover (A: Dec. 2021 )
=Revenue / Average Accounts Receivable
=Revenue (A: Dec. 2021 ) / ((Accounts Receivable (A: Dec. 2020 ) + Accounts Receivable (A: Dec. 2021 )) / count )
=102280 / ((12331 + 14034) / 2 )
=102280 / 13182.5
=7.76

Territorial Generating Co No 1 PJSC's Receivables Turnover for the quarter that ended in Sep. 2023 is calculated as

Receivables Turnover (Q: Sep. 2023 )
=Revenue / Average Accounts Receivable
=Revenue (Q: Sep. 2023 ) / ((Accounts Receivable (Q: Jun. 2023 ) + Accounts Receivable (Q: Sep. 2023 )) / count )
=17435 / ((9077 + 8783) / 2 )
=17435 / 8930
=1.95

* 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 1.95 mean?
Territorial Generating Co No 1 PJSC (MIC:TGKA) has a Receivables Turnover of 1.95 as of Sep. 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 Territorial Generating Co No 1 PJSC and its competitors.
Is Territorial Generating Co No 1 PJSC's Receivables Turnover too high?
Territorial Generating Co No 1 PJSC's current Receivables Turnover is 1.95. The Utilities - Regulated industry median Receivables Turnover is 6.77. Territorial Generating Co No 1 PJSC's value of 1.95 is 71.2% below this industry median.
How does Territorial Generating Co No 1 PJSC's Receivables Turnover compare to NEE and SO?
Territorial Generating Co No 1 PJSC's Receivables Turnover of 1.95 can be compared against companies in the Utilities - Regulated industry. The industry median Receivables Turnover is 6.77. Territorial Generating Co No 1 PJSC's value of 1.95 is 71.2% 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 6.77, based on 496 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. Territorial Generating Co No 1 PJSC's current Receivables Turnover of 1.95 is 71.2% 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 Territorial Generating Co No 1 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. Territorial Generating Co No 1 PJSC's current Receivables Turnover is 1.95. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Territorial Generating Co No 1 PJSC stock overvalued right now?
Territorial Generating Co No 1 PJSC (MIC:TGKA) has a current Receivables Turnover of 1.95. The current Receivables Turnover is 1.95 and 71.2% below the Utilities - Regulated industry median of 6.77. 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 Territorial Generating Co No 1 PJSC (MIC:TGKA), the current Receivables Turnover is 1.95 as of Sep. 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.

Territorial Generating Co No 1 PJSC Business Description

Address 16 Dobrolyubova Prospect, 2A Building, Litera A, Arena Hall Business Centre, Saint Petersburg, RUS, 197198
Territorial Generating Co No 1 PJSC is involved in the production of electricity and heat in the North-West region of Russia. It operates approximately 52 electric generating stations in four regions of Russia: St. Petersburg, Republic of Karelia, Leningrad Oblast, and Murmansk Oblast. The company's operating segment includes TPP of Nevsky branch, HPS of Nevsky branch. Heating Grid, Kolsky branch, Karelsky branch and Murmanskaya TPP. It generates maximum revenue from the TPP of Nevsky branch.