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Manawa Energy (NZSE:MNW) Receivables Turnover : 9.25 (As of Sep. 2024)


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What is Manawa Energy 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. Manawa Energy's Revenue for the six months ended in Sep. 2024 was NZ$305.6 Mil. Manawa Energy's average Accounts Receivable for the six months ended in Sep. 2024 was NZ$33.0 Mil. Hence, Manawa Energy's Receivables Turnover for the six months ended in Sep. 2024 was 9.25.


Manawa Energy Receivables Turnover Historical Data

The historical data trend for Manawa Energy'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.

* Premium members only.

Manawa Energy Receivables Turnover Chart

Manawa Energy Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only 10.63 10.76 5.12 8.72 8.93

Manawa Energy Semi-Annual Data
Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24
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 8.73 - 4.15 0.69 9.25

Competitive Comparison of Manawa Energy's Receivables Turnover

For the Utilities - Renewable subindustry, Manawa Energy'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.


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

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

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



Manawa Energy Receivables Turnover Calculation

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

Manawa Energy's Receivables Turnover for the fiscal year that ended in Mar. 2024 is calculated as

Receivables Turnover (A: Mar. 2024 )
=Revenue / Average Total Inventories
=Revenue (A: Mar. 2024 ) / ((Accounts Receivable (A: Mar. 2023 ) + Accounts Receivable (A: Mar. 2024 )) / count )
=256.781 / ((24.481 + 33.025) / 2 )
=256.781 / 28.753
=8.93

Manawa Energy's Receivables Turnover for the quarter that ended in Sep. 2024 is calculated as

Receivables Turnover (Q: Sep. 2024 )
=Revenue / Average Total Inventories
=Revenue (Q: Sep. 2024 ) / ((Accounts Receivable (Q: Mar. 2024 ) + Accounts Receivable (Q: Sep. 2024 )) / count )
=305.64 / ((33.025 + 0) / 1 )
=305.64 / 33.025
=9.25

* 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.


Manawa Energy  (NZSE:MNW) 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.


Manawa Energy Receivables Turnover Related Terms

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Manawa Energy Business Description

Traded in Other Exchanges
N/A
Address
93 Cameron Road, Private Bag 12055, Tauranga Mail Centre, Tauranga, BOP, NZL, 3110
Manawa is New Zealand's fifth-largest electricity generator. It has about 26 hydroelectric schemes in New Zealand, producing more than 1,900 GWh of electricity in an average rainfall year. Manawa's retail business was sold in 2022. Most electricity is sold to Mercury NZ under a long-term contract.

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