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Great Plains Energy (Great Plains Energy) Receivables Turnover : 3.30 (As of Mar. 2018)


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What is Great Plains Energy 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. Great Plains Energy's Revenue for the three months ended in Mar. 2018 was $583.90 Mil. Great Plains Energy's average Accounts Receivable for the three months ended in Mar. 2018 was $177.00 Mil. Hence, Great Plains Energy's Receivables Turnover for the three months ended in Mar. 2018 was 3.30.


Great Plains Energy Receivables Turnover Historical Data

The historical data trend for Great Plains Energy'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.

Great Plains Energy Receivables Turnover Chart

Great Plains Energy Annual Data
Trend Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 14.17 14.96 14.55 14.50 14.50

Great Plains Energy Quarterly Data
Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18
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 3.06 3.81 4.34 3.04 3.30

Competitive Comparison of Great Plains Energy's Receivables Turnover

For the Utilities - Regulated Electric subindustry, Great Plains Energy'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.


Great Plains Energy's Receivables Turnover Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Great Plains Energy's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Great Plains Energy's Receivables Turnover falls into.



Great Plains Energy Receivables Turnover Calculation

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

Great Plains Energy's Receivables Turnover for the fiscal year that ended in Dec. 2017 is calculated as

Receivables Turnover (A: Dec. 2017 )
=Revenue / Average Total Inventories
=Revenue (A: Dec. 2017 ) / ((Accounts Receivable (A: Dec. 2016 ) + Accounts Receivable (A: Dec. 2017 )) / count )
=2708.2 / ((194.6 + 179) / 2 )
=2708.2 / 186.8
=14.50

Great Plains Energy's Receivables Turnover for the quarter that ended in Mar. 2018 is calculated as

Receivables Turnover (Q: Mar. 2018 )
=Revenue / Average Total Inventories
=Revenue (Q: Mar. 2018 ) / ((Accounts Receivable (Q: Dec. 2017 ) + Accounts Receivable (Q: Mar. 2018 )) / count )
=583.9 / ((179 + 175) / 2 )
=583.9 / 177
=3.30

* 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.


Great Plains Energy  (NYSE:GXPPRDCL.PFD) 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.


Great Plains Energy Receivables Turnover Related Terms

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Great Plains Energy (Great Plains Energy) Business Description

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Address
Great Plains Energy is the holding company of Kansas City Power & Light and Greater Missouri Operations. The two regulated utilities provide electric service to roughly 900,000 customers in the Kansas City area and nearby western Missouri and eastern Kansas. The company has about 6.5 gigawatts of generating capacity. More than 80% of its electricity generation is from coal-fired plants, approximately 15% comes from its co-owned Wolf Creek nuclear plant, and the remainder is from gas, oil, and wind farms.

Great Plains Energy (Great Plains Energy) Headlines

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