Datang International Power Generation Co (Datang International Power Generation Co) Receivables Turnover : 1.55 (As of Mar. 2024)

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What is Datang International Power Generation Co 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. Datang International Power Generation Co's Revenue for the three months ended in Mar. 2024 was $4,268 Mil. Datang International Power Generation Co's average Accounts Receivable for the three months ended in Mar. 2024 was $2,757 Mil. Hence, Datang International Power Generation Co's Receivables Turnover for the three months ended in Mar. 2024 was 1.55.

Datang International Power Generation Co Receivables Turnover Historical Data

The historical data trend for Datang International Power Generation Co'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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Datang International Power Generation Co Receivables Turnover Chart

Datang International Power Generation Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Receivables Turnover

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6.88

6.61

6.26

6.12

6.42

Datang International Power Generation Co Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Receivables Turnover	Get a 7-Day Free Trial															1.54	1.50	1.64	1.70	1.55

Competitive Comparison of Datang International Power Generation Co's Receivables Turnover

For the Utilities - Independent Power Producers subindustry, Datang International Power Generation Co'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.

Datang International Power Generation Co's Receivables Turnover Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Datang International Power Generation Co's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Datang International Power Generation Co's Receivables Turnover falls into.

Datang International Power Generation Co Receivables Turnover Calculation

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

Datang International Power Generation Co'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 )
=	17143.002	/ (	(2590.345	+	2747.689)	/	2 )
=	17143.002	/	2669.017
=	6.42

Datang International Power Generation Co's Receivables Turnover for the quarter that ended in Mar. 2024 is calculated as

	Receivables Turnover (Q: Mar. 2024 )
=	Revenue	/	Average Total Inventories
=	Revenue (Q: Mar. 2024 )	/ (	(Accounts Receivable (Q: Dec. 2023 )	+	Accounts Receivable (Q: Mar. 2024 ))	/	count )
=	4268.152	/ (	(2747.689	+	2766.135)	/	2 )
=	4268.152	/	2756.912
=	1.55

Datang International Power Generation Co (OTCPK:DIPGF) 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.

Datang International Power Generation Co Receivables Turnover Related Terms

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Datang International Power Generation Co (Datang International Power Generation Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » Datang International Power Generation Co Ltd (OTCPK:DIPGF) » Definitions » Receivables Turnover

Traded in Other Exchanges

00991:Hong Kong BJI:Germany 601991:China

Address

No.9 Guangningbo Street, Xicheng District, Beijing, CHN, 100033

Website

http://www.dtpower.com

Datang International Power Generation Co Ltd is one of five state-controlled independent power producers in China. The power generation businesses of the Company and its subsidiaries cover provinces, municipalities and autonomous regions across the country, whereas coalfired power generators of the Company are centralized in the Beijing-Tianjin-Hebei and southeast coastal regions. Majority of the hydropower projects are located in the south west region. Wind power and photovoltaic power projects are distributed across the country in areas with abundant resources. The operating segments of the group are: Power and heat generation segment; Coal segment and Other segments.

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