Minutor Energia (WAR:MTE) Receivables Turnover: 0.21 (As of Sep. 2023)

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WAR:MTE Minutor Energia SA WAR:MTE
36 GF Score
Price zł0.28
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What is Minutor Energia Receivables Turnover?

Minutor Energia WAR:MTE 36 Receivables Turnover is 0.21 as of Sep. 2023. GuruFocus rates WAR:MTE with a GF Score™ of 36/100.

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. Minutor Energia's Revenue for the three months ended in Sep. 2023 was zł0.58 Mil. Minutor Energia's average Accounts Receivable for the three months ended in Sep. 2023 was zł2.80 Mil. Hence, Minutor Energia's Receivables Turnover for the three months ended in Sep. 2023 was 0.21.


Minutor Energia  (WAR:MTE) 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.


Minutor Energia Receivables Turnover Related Terms


Minutor Energia Receivables Turnover Historical Data

* Premium members only.

The historical data trend for Minutor Energia'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.

Minutor Energia Receivables Turnover Chart

Minutor Energia Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Receivables Turnover
Get a 7-Day Free Trial 6.42 3.97 3.05 1.63 3.24

Minutor Energia Quarterly Data
Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Mar23 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 0.25 0.22 0.17 0.08 0.21

WAR:MTE vs CTAS, GPN, ARMK: Receivables Turnover Comparison

For the Specialty Business Services subindustry, Minutor Energia'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.


Minutor Energia Receivables Turnover vs Business Services Industry

For the Business Services industry and Industrials sector, Minutor Energia's Receivables Turnover distribution charts can be found below:

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


WAR:MTE
36GF Score
Minutor Energia SA WAR:MTE
Receivables Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Minutor Energia Receivables Turnover Calculation

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

Minutor Energia'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 )
=6.219 / ((0.108 + 3.726) / 2 )
=6.219 / 1.917
=3.24

Minutor Energia'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 )
=0.581 / ((5.468 + 0.132) / 2 )
=0.581 / 2.8
=0.21

* 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 0.21 mean?
Minutor Energia (WAR:MTE) has a Receivables Turnover of 0.21 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 Minutor Energia and its competitors.
Is Minutor Energia's Receivables Turnover too high?
Minutor Energia's current Receivables Turnover is 0.21. The Business Services industry median Receivables Turnover is 6.41. Minutor Energia's value of 0.21 is 96.7% below this industry median. Overall, Minutor Energia has a GF Score™ of 36/100, reflecting its overall financial health beyond just this single metric.
How does Minutor Energia's Receivables Turnover compare to CTAS and GPN?
Minutor Energia's Receivables Turnover of 0.21 can be compared against companies in the Business Services industry. The industry median Receivables Turnover is 6.41. Minutor Energia's value of 0.21 is 96.7% 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 a Business Services company?
The median Receivables Turnover among Business Services companies is 6.41, based on 1,062 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. Minutor Energia's current Receivables Turnover of 0.21 is 96.7% 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 Minutor Energia and its competitors. For the Business Services industry, the median Receivables Turnover is 6.41 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Minutor Energia's current Receivables Turnover is 0.21. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Minutor Energia stock overvalued right now?
Minutor Energia (WAR:MTE) has a current Receivables Turnover of 0.21. The current Receivables Turnover is 0.21 and 96.7% below the Business Services industry median of 6.41. Minutor Energia's overall GF Score™ is 36/100. 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 Minutor Energia (WAR:MTE), the current Receivables Turnover is 0.21 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.

Minutor Energia Business Description

Address UL. OBRZEZNA POLNOCNA, Myslowice, POL, 41-400
Minutor Energia SA is engaged in the construction of renewable energy sources so that it can supply homes and companies with green electricity and heat. The company's services include Photovoltaics for the home, Photovoltaics for business, Photovoltaics for the farmer, Solar farms, Heat pumps and Energy storage.
36GF Score

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Receivables Turnover is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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