RWE AG (XTER:RWE) Receivables Turnover : 0.94 (As of Dec. 2023)

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What is RWE 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. RWE AG's Revenue for the three months ended in Dec. 2023 was €7,609 Mil. RWE AG's average Accounts Receivable for the three months ended in Dec. 2023 was €8,117 Mil. Hence, RWE AG's Receivables Turnover for the three months ended in Dec. 2023 was 0.94.

RWE AG Receivables Turnover Historical Data

The historical data trend for RWE 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.

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RWE AG Receivables Turnover Chart

RWE AG Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Receivables Turnover

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4.70

4.13

5.19

4.68

3.25

RWE 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															1.20	1.05	0.67	0.72	0.94

Competitive Comparison of RWE AG's Receivables Turnover

For the Utilities - Diversified subindustry, RWE 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.

RWE AG's Receivables Turnover Distribution in the Utilities - Regulated Industry

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

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

RWE AG Receivables Turnover Calculation

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

RWE 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 )
=	28566	/ (	(9946	+	7607)	/	2 )
=	28566	/	8776.5
=	3.25

RWE 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 )
=	7609	/ (	(8627	+	7607)	/	2 )
=	7609	/	8117
=	0.94

RWE AG (XTER:RWE) 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.

RWE AG Receivables Turnover Related Terms

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RWE AG (XTER:RWE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » RWE AG (XTER:RWE) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

RWNFF:USA RWEOY:USA RWE:Mexico RWE:Italy RWEd:UK 0HA0:UK RWE:Czech Republic RWE:Austria

Address

RWE Platz 1, Essen, NW, DEU, 45141

Website

https://www.rwe.com

Since the deal with E.On, RWE is refocused on power generation, mostly in Europe. It owns 38 gigawatts of power generation capacity: 28% from lignite and hard coal plants, 37% from gas plants, 40% from renewables including pumped storage and batteries. Besides Germany, RWE's power plants are chiefly located in the United Kingdom, the Netherlands, Turkey, and the United States for many onshore wind farms.

Executives

Helle Valentin	Supervisory Board
Ullrich Sierau	Supervisory Board
Mag. Dr. H.c. Monika Kircher	Supervisory Board
Dr. Hans-peter Keitel	Supervisory Board
Dr. Markus Krebber	Board of Directors
Dr. Michael Müller	Board of Directors
Zvezdana Seeger	Board of Directors
Dr. Werner Brandt	Supervisory Board
Ute Gerbaulet	Supervisory Board
Dr. Erhard Schipporeit	Supervisory Board
Hauke Stars	Supervisory Board
Dr. Andreas Wagner	Supervisory Board
Dr. Rolf Martin Schmitz	Board of Directors
Dagmar Mühlenfeld	Supervisory Board
Peter Ottmann	Supervisory Board

RWE AG (XTER:RWE) Headlines

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