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Energiekontor AG (XTER:EKT) Receivables Turnover : 1.54 (As of Dec. 2024)


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What is Energiekontor AG 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. Energiekontor AG's Revenue for the six months ended in Dec. 2024 was €48.4 Mil. Energiekontor AG's average Accounts Receivable for the six months ended in Dec. 2024 was €31.4 Mil. Hence, Energiekontor AG's Receivables Turnover for the six months ended in Dec. 2024 was 1.54.


Energiekontor AG Receivables Turnover Historical Data

The historical data trend for Energiekontor AG'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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Energiekontor AG Receivables Turnover Chart

Energiekontor AG Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 8.68 5.60 4.74 6.97 4.52

Energiekontor AG Semi-Annual Data
Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
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 4.29 1.70 5.94 2.65 1.54

Competitive Comparison of Energiekontor AG's Receivables Turnover

For the Utilities - Renewable subindustry, Energiekontor AG'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.


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

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

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


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Energiekontor AG Receivables Turnover Calculation

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

Energiekontor AG's Receivables Turnover for the fiscal year that ended in Dec. 2024 is calculated as

Receivables Turnover (A: Dec. 2024 )
=Revenue / Average Total Inventories
=Revenue (A: Dec. 2024 ) / ((Accounts Receivable (A: Dec. 2023 ) + Accounts Receivable (A: Dec. 2024 )) / count )
=126.464 / ((26.049 + 29.933) / 2 )
=126.464 / 27.991
=4.52

Energiekontor AG's Receivables Turnover for the quarter that ended in Dec. 2024 is calculated as

Receivables Turnover (Q: Dec. 2024 )
=Revenue / Average Total Inventories
=Revenue (Q: Dec. 2024 ) / ((Accounts Receivable (Q: Jun. 2024 ) + Accounts Receivable (Q: Dec. 2024 )) / count )
=48.443 / ((32.785 + 29.933) / 2 )
=48.443 / 31.359
=1.54

* 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.


Energiekontor AG  (XTER:EKT) 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.


Energiekontor AG Receivables Turnover Related Terms

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Energiekontor AG Business Description

Traded in Other Exchanges
Address
Mary-Somerville-Strasse 5, Bremen, DEU, 28359
Energiekontor AG engages in the planning, construction, and operational management of wind and solar farms. It operates through the following segments: Project Planning and Sales (Wind, Solar), Power Generation in Group-owned Wind and Solar parks, as well as Operation development, innovation and others. The Project Planning and Sales (Wind, Solar) segment focuses on project development for onshore wind farms and solar parks for sale outside the Group which also contributes to majority of the revenue for the company. The Operation development, innovation and others segment comprises all services following the construction of the wind/solar park that are aimed at optimizing the operational value creation from the time of commissioning.
Executives
Peter Szabo Board of Directors

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