NHPC (NSE:NHPC) Receivables Turnover : 0.31 (As of Dec. 2023)

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What is NHPC 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. NHPC's Revenue for the three months ended in Dec. 2023 was ₹20,555 Mil. NHPC's average Accounts Receivable for the three months ended in Dec. 2023 was ₹66,068 Mil. Hence, NHPC's Receivables Turnover for the three months ended in Dec. 2023 was 0.31.

NHPC Receivables Turnover Historical Data

The historical data trend for NHPC'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.

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NHPC Receivables Turnover Chart

NHPC Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Receivables Turnover

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4.60

2.26

1.68

1.76

1.85

NHPC Quarterly Data
	Mar19	Jun19	Sep19	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															0.43	0.31	0.45	0.44	0.31

Competitive Comparison of NHPC's Receivables Turnover

For the Utilities - Renewable subindustry, NHPC'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.

NHPC's Receivables Turnover Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, NHPC's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where NHPC's Receivables Turnover falls into.

NHPC Receivables Turnover Calculation

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

NHPC's Receivables Turnover for the fiscal year that ended in Mar. 2023 is calculated as

	Receivables Turnover (A: Mar. 2023 )
=	Revenue	/	Average Total Inventories
=	Revenue (A: Mar. 2023 )	/ (	(Accounts Receivable (A: Mar. 2022 )	+	Accounts Receivable (A: Mar. 2023 ))	/	count )
=	104787.8	/ (	(51758.4	+	61605.9)	/	2 )
=	104787.8	/	56682.15
=	1.85

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

	Receivables Turnover (Q: Dec. 2023 )
=	Revenue	/	Average Total Inventories
=	Revenue (Q: Dec. 2023 )	/ (	(Accounts Receivable (Q: Sep. 2023 )	+	Accounts Receivable (Q: Dec. 2023 ))	/	count )
=	20555	/ (	(66068.3	+	0)	/	1 )
=	20555	/	66068.3
=	0.31

NHPC (NSE:NHPC) 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.

NHPC Receivables Turnover Related Terms

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NHPC (NSE:NHPC) Business Description

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GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » NHPC Ltd (NSE:NHPC) » Definitions » Receivables Turnover

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533098:India

Address

NHPC Office Complex, Sector 33, Faridabad, HR, IND, 121003

Website

https://www.nhpcindia.com

NHPC Ltd is an Indian electric utility company of which the Indian government owns the vast majority of shares. The company produces electricity through the operation of its portfolio of hydroelectric power plants located across India. Electricity generation (including income from embedded Finance/ Operating leases) is the principal business activity of the Company. NHPC generates most of its revenue from the sale of energy to state electricity boards, state energy departments, and their successor companies via long-term agreements. The company has made efforts to expand its electric production capacity with thermal, wind, and solar power generating facilities. NHPC operates its power development and secondary consulting businesses exclusively in India.

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