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. Ormat Technologies's Revenue for the
three
months ended in Sep. 2024 was $211.8 Mil. Ormat Technologies's average Accounts Receivable for the
three
months ended in Sep. 2024 was $150.2 Mil.
Hence, Ormat Technologies's Receivables Turnover for the
three
months ended in Sep. 2024 was 1.41.
Ormat Technologies Receivables Turnover Historical Data
The historical data trend for Ormat Technologies'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.
Competitive Comparison of Ormat Technologies's Receivables Turnover
For the Utilities - Renewable subindustry, Ormat Technologies'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.
Ormat Technologies's Receivables Turnover Distribution in the Utilities - Independent Power Producers Industry
For the Utilities - Independent Power Producers industry and Utilities sector, Ormat Technologies's Receivables Turnover distribution charts can be found below:
* The bar in red indicates where Ormat Technologies's Receivables Turnover falls into.
* 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.
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.
Ormat Technologies Receivables Turnover Related Terms
Thank you for viewing the detailed overview of Ormat Technologies's Receivables Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.
Ormat Technologies Inc is engaged in the geothermal energy power business. The company is engaged in three business segments: Electricity Segment. where the company develops, builds, owns and operates geothermal, solar PV and recovered energy-based power plants in the United States and geothermal power plants in other countries and sell the electricity generated. Product Segment includes designing, manufacturing and selling equipment for geothermal and recovered energy-based electricity generation and providing services relating to the engineering, procurement and construction of geothermal and recovered energy-based power plants. Energy Storage Segment includes owning and operating grid-connected which provide capacity, energy and ancillary services directly to the electric grid.
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