Cia de Transmissao de Energia Eletrica Paulista (BSP:TRPL3) Receivables Turnover : 0.50 (As of Dec. 2023)

View and export this data going back to 2007. Start your Free Trial

What is Cia de Transmissao de Energia Eletrica Paulista 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. Cia de Transmissao de Energia Eletrica Paulista's Revenue for the three months ended in Dec. 2023 was R$1,688 Mil. Cia de Transmissao de Energia Eletrica Paulista's average Accounts Receivable for the three months ended in Dec. 2023 was R$3,390 Mil. Hence, Cia de Transmissao de Energia Eletrica Paulista's Receivables Turnover for the three months ended in Dec. 2023 was 0.50.

Cia de Transmissao de Energia Eletrica Paulista Receivables Turnover Historical Data

The historical data trend for Cia de Transmissao de Energia Eletrica Paulista'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.

Cia de Transmissao de Energia Eletrica Paulista Receivables Turnover Chart

Cia de Transmissao de Energia Eletrica Paulista Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Receivables Turnover

Get a 7-Day Free Trial

1.61

1.52

2.15

2.03

1.94

Cia de Transmissao de Energia Eletrica Paulista Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Receivables Turnover	Get a 7-Day Free Trial															0.42	0.51	0.46	0.44	0.50

Competitive Comparison of Cia de Transmissao de Energia Eletrica Paulista's Receivables Turnover

For the Utilities - Independent Power Producers subindustry, Cia de Transmissao de Energia Eletrica Paulista'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.

Cia de Transmissao de Energia Eletrica Paulista's Receivables Turnover Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Cia de Transmissao de Energia Eletrica Paulista's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Cia de Transmissao de Energia Eletrica Paulista's Receivables Turnover falls into.

Cia de Transmissao de Energia Eletrica Paulista Receivables Turnover Calculation

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

Cia de Transmissao de Energia Eletrica Paulista's Receivables Turnover for the fiscal year that ended in Dec. 2023 is calculated as

	Receivables Turnover (A: Dec. 2023 )
=	Revenue	/	Average Total Inventories
=	Revenue (A: Dec. 2023 )	/ (	(Accounts Receivable (A: Dec. 2022 )	+	Accounts Receivable (A: Dec. 2023 ))	/	count )
=	6215.521	/ (	(3030.059	+	3370.449)	/	2 )
=	6215.521	/	3200.254
=	1.94

Cia de Transmissao de Energia Eletrica Paulista's Receivables Turnover for the quarter that ended in Dec. 2023 is calculated as

	Receivables Turnover (Q: Dec. 2023 )
=	Revenue	/	Average Total Inventories
=	Revenue (Q: Dec. 2023 )	/ (	(Accounts Receivable (Q: Sep. 2023 )	+	Accounts Receivable (Q: Dec. 2023 ))	/	count )
=	1687.993	/ (	(3408.653	+	3370.449)	/	2 )
=	1687.993	/	3389.551
=	0.50

Cia de Transmissao de Energia Eletrica Paulista (BSP:TRPL3) 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.

Cia de Transmissao de Energia Eletrica Paulista Receivables Turnover Related Terms

Thank you for viewing the detailed overview of Cia de Transmissao de Energia Eletrica Paulista's Receivables Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.

Cia de Transmissao de Energia Eletrica Paulista (BSP:TRPL3) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » Cia de Transmissao de Energia Eletrica Paulista (BSP:TRPL3) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

CTPZY:USA CTPTY:USA TRPL4:Brazil

Address

Rua Casa Do Ator 1155, Sao Paulo, SP, BRA, 4546004

Website

http://www.transmissaopaulista.com.br

Cia de Transmissao de Energia Eletrica Paulista, or CTEEP, is a Brazilian private-public utility concession company involved in the transmission of electric power. Through its subsidiaries, CTEEP plans, constructs, operates, and maintains electric transmission systems and transmission-related infrastructure projects throughout the country of Brazil. The company segments its operations between Infrastructure, Operation & Maintenance, and Concession Assets Remuneration business units. The vast majority of CTEEP's revenue can be derived from its Operation & Maintenance division, which controls and cares for its nationwide electricity transmission system. The company transmits a significant amount of all the power produced in Brazil and over half of the energy consumed in Southeast Brazil.

Cia de Transmissao de Energia Eletrica Paulista (BSP:TRPL3) Headlines

No Headlines