Encavis AG (WBO:CAP) Receivables Turnover : 1.28 (As of Dec. 2023)

View and export this data going back to 2017. Start your Free Trial

What is Encavis 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. Encavis AG's Revenue for the three months ended in Dec. 2023 was €103.4 Mil. Encavis AG's average Accounts Receivable for the three months ended in Dec. 2023 was €80.5 Mil. Hence, Encavis AG's Receivables Turnover for the three months ended in Dec. 2023 was 1.28.

Encavis AG Receivables Turnover Historical Data

The historical data trend for Encavis 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.

* Premium members only.

Encavis AG Receivables Turnover Chart

Encavis AG Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Receivables Turnover

Get a 7-Day Free Trial

6.72

6.35

7.04

8.29

6.41

Encavis AG 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															1.41	1.44	1.59	1.48	1.28

Competitive Comparison of Encavis AG's Receivables Turnover

For the Utilities - Renewable subindustry, Encavis 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.

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

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

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

Encavis AG Receivables Turnover Calculation

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

Encavis AG'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 )
=	469.637	/ (	(69.815	+	76.614)	/	2 )
=	469.637	/	73.2145
=	6.41

Encavis AG'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 )
=	103.369	/ (	(84.356	+	76.614)	/	2 )
=	103.369	/	80.485
=	1.28

Encavis AG (WBO:CAP) 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.

Encavis AG Receivables Turnover Related Terms

Thank you for viewing the detailed overview of Encavis AG's Receivables Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.

Encavis AG (WBO:CAP) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » Encavis AG (WBO:CAP) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

0NBT:UK ECV:Germany

Address

Grosse Elbstrasse 59, Hamburg, DEU, 22767

Website

https://www.encavis.com

Encavis AG is an independent solar park operator. Principally, it is engaged in the business of acquisition and operation of solar parks and onshore wind parks. Its operating segments are Photovoltaic Parks, Photovoltaic Service, Wind Parks, Asset Management, and Administration, of which the majority of its revenue comes from the Photovoltaic Parks segment. The Photovoltaic Parks segment comprised more than 169 solar parks with a total generation capacity of more than 1.3 GW, with parks located in different countries. Its geographical segments are Denmark, Germany, France, United Kingdom, Ireland, Finland, Italy, Netherlands, Austria, France, Sweden, and Spain.