Energia Innovacion Y Desarrollo Fotovoltaico (XMAD:EIDF) Receivables Turnover: 2.21 (As of Dec. 2024)

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XMAD:EIDF Energia Innovacion Y Desarrollo Fotovoltaico SA XMAD:EIDF
65 GF Score
Price €0.44
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What is Energia Innovacion Y Desarrollo Fotovoltaico Receivables Turnover?

Energia Innovacion Y Desarrollo Fotovoltaico XMAD:EIDF 65 Receivables Turnover is 2.21 as of Dec. 2024. GuruFocus rates XMAD:EIDF with a GF Score™ of 65/100.

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. Energia Innovacion Y Desarrollo Fotovoltaico's Revenue for the six months ended in Dec. 2024 was €78.0 Mil. Energia Innovacion Y Desarrollo Fotovoltaico's average Accounts Receivable for the six months ended in Dec. 2024 was €35.2 Mil. Hence, Energia Innovacion Y Desarrollo Fotovoltaico's Receivables Turnover for the six months ended in Dec. 2024 was 2.21.


Energia Innovacion Y Desarrollo Fotovoltaico  (XMAD:EIDF) 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.


Energia Innovacion Y Desarrollo Fotovoltaico Receivables Turnover Related Terms


Energia Innovacion Y Desarrollo Fotovoltaico Receivables Turnover Historical Data

* Premium members only.

The historical data trend for Energia Innovacion Y Desarrollo Fotovoltaico'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.

Energia Innovacion Y Desarrollo Fotovoltaico Receivables Turnover Chart

Energia Innovacion Y Desarrollo Fotovoltaico Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Receivables Turnover
Get a 7-Day Free Trial 4.02 2.25 6.67 4.19 3.99

Energia Innovacion Y Desarrollo Fotovoltaico Semi-Annual Data
Dec19 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
Receivables Turnover Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.13 1.98 2.16 1.56 2.21

Energia Innovacion Y Desarrollo Fotovoltaico Receivables Turnover Competitor Comparison

For the Utilities - Renewable subindustry, Energia Innovacion Y Desarrollo Fotovoltaico'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.


Energia Innovacion Y Desarrollo Fotovoltaico Receivables Turnover vs Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Energia Innovacion Y Desarrollo Fotovoltaico's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Energia Innovacion Y Desarrollo Fotovoltaico's Receivables Turnover falls into.


XMAD:EIDF
65GF Score
Energia Innovacion Y Desarrollo Fotovoltaico SA XMAD:EIDF
Receivables Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Energia Innovacion Y Desarrollo Fotovoltaico Receivables Turnover Calculation

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

Energia Innovacion Y Desarrollo Fotovoltaico's Receivables Turnover for the fiscal year that ended in Dec. 2024 is calculated as

Receivables Turnover (A: Dec. 2024 )
=Revenue / Average Accounts Receivable
=Revenue (A: Dec. 2024 ) / ((Accounts Receivable (A: Dec. 2023 ) + Accounts Receivable (A: Dec. 2024 )) / count )
=138.832 / ((38.404 + 31.148) / 2 )
=138.832 / 34.776
=3.99

Energia Innovacion Y Desarrollo Fotovoltaico's Receivables Turnover for the quarter that ended in Dec. 2024 is calculated as

Receivables Turnover (Q: Dec. 2024 )
=Revenue / Average Accounts Receivable
=Revenue (Q: Dec. 2024 ) / ((Accounts Receivable (Q: Jun. 2024 ) + Accounts Receivable (Q: Dec. 2024 )) / count )
=78.032 / ((39.316 + 31.148) / 2 )
=78.032 / 35.232
=2.21

* 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 2.21 mean?
Energia Innovacion Y Desarrollo Fotovoltaico (XMAD:EIDF) has a Receivables Turnover of 2.21 as of Dec. 2024. 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 Energia Innovacion Y Desarrollo Fotovoltaico and its competitors.
Is Energia Innovacion Y Desarrollo Fotovoltaico's Receivables Turnover too high?
Energia Innovacion Y Desarrollo Fotovoltaico's current Receivables Turnover is 2.21. The Utilities - Independent Power Producers industry median Receivables Turnover is 5.73. Energia Innovacion Y Desarrollo Fotovoltaico's value of 2.21 is 61.4% below this industry median. Overall, Energia Innovacion Y Desarrollo Fotovoltaico has a GF Score™ of 65/100, reflecting its overall financial health beyond just this single metric.
How does Energia Innovacion Y Desarrollo Fotovoltaico's Receivables Turnover compare to competitors?
Energia Innovacion Y Desarrollo Fotovoltaico's Receivables Turnover of 2.21 can be compared against companies in the Utilities - Independent Power Producers industry. The industry median Receivables Turnover is 5.73. Energia Innovacion Y Desarrollo Fotovoltaico's value of 2.21 is 61.4% 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 - Independent Power Producers company?
The median Receivables Turnover among Utilities - Independent Power Producers companies is 5.73, based on 412 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. Energia Innovacion Y Desarrollo Fotovoltaico's current Receivables Turnover of 2.21 is 61.4% 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 Energia Innovacion Y Desarrollo Fotovoltaico and its competitors. For the Utilities - Independent Power Producers industry, the median Receivables Turnover is 5.73 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Energia Innovacion Y Desarrollo Fotovoltaico's current Receivables Turnover is 2.21. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Energia Innovacion Y Desarrollo Fotovoltaico stock overvalued right now?
Energia Innovacion Y Desarrollo Fotovoltaico (XMAD:EIDF) has a current Receivables Turnover of 2.21. The current Receivables Turnover is 2.21 and 61.4% below the Utilities - Independent Power Producers industry median of 5.73. Energia Innovacion Y Desarrollo Fotovoltaico's overall GF Score™ is 65/100. 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 Energia Innovacion Y Desarrollo Fotovoltaico (XMAD:EIDF), the current Receivables Turnover is 2.21 as of Dec. 2024. 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.

Energia Innovacion Y Desarrollo Fotovoltaico Business Description

Address Poligono Industrial Outeda - Curro, No.3, Mud, Pontevedra, ESP, 36692
Energia Innovacion Y Desarrollo Fotovoltaico SA is a company specialized in photovoltaic solar energy projects. It offers engineering services, energy consulting, and installation of low and medium voltage. It is engaged in self-consumption photovoltaic installations for companies. Some of its projects are Generation park-Pulpi I, Fricosa, Barcia pipes, Peregrin One Garlic among others. The company currently has two Operating Segments: Generation and self-consumption, and Marketing.
65GF Score

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