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Iberdrola (Iberdrola) Receivables Turnover : 1.38 (As of Mar. 2024)


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What is Iberdrola 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. Iberdrola's Revenue for the three months ended in Mar. 2024 was $13,781 Mil. Iberdrola's average Accounts Receivable for the three months ended in Mar. 2024 was $9,963 Mil. Hence, Iberdrola's Receivables Turnover for the three months ended in Mar. 2024 was 1.38.


Iberdrola Receivables Turnover Historical Data

The historical data trend for Iberdrola'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.

Iberdrola Receivables Turnover Chart

Iberdrola Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.48 5.30 5.29 6.02 5.44

Iberdrola 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 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 1.58 1.16 1.23 1.37 1.38

Competitive Comparison of Iberdrola's Receivables Turnover

For the Utilities - Diversified subindustry, Iberdrola'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.


Iberdrola's Receivables Turnover Distribution in the Utilities - Regulated Industry

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

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



Iberdrola Receivables Turnover Calculation

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

Iberdrola'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 )
=53800.436 / ((10079.449 + 9715.376) / 2 )
=53800.436 / 9897.4125
=5.44

Iberdrola'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 )
=13780.978 / ((9715.376 + 10210.87) / 2 )
=13780.978 / 9963.123
=1.38

* 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.


Iberdrola  (OTCPK:IBDRY) 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.


Iberdrola Receivables Turnover Related Terms

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Iberdrola (Iberdrola) Business Description

Address
Plaza Euskadi Number 5, Biscay, Bilbao, ESP, 48009
Iberdrola is one of the largest utilities in the world with electric utility operations in nearly 40 countries. The company has a 54-gigawatt portfolio of hydro, wind, natural gas, and nuclear power plants. It is the largest owner of wind farms in the world, representing nearly 40% of its portfolio. Although the company has recently developed or acquired distribution and power generation assets in other geographic areas, Spain is still home to around 50% of its power generation capacity. Iberdrola also owns and operates electricity and distribution networks in Spain, the U.K., Brazil, and the U.S.

Iberdrola (Iberdrola) Headlines

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