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Consus Enerji Isletmeciligi Ve Hizmetleri Anonim Sirketi (IST:CONSE) Receivables Turnover : 6.47 (As of Dec. 2023)


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What is Consus Enerji Isletmeciligi Ve Hizmetleri Anonim Sirketi 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. Consus Enerji Isletmeciligi Ve Hizmetleri Anonim Sirketi's Revenue for the three months ended in Dec. 2023 was ₺528 Mil. Consus Enerji Isletmeciligi Ve Hizmetleri Anonim Sirketi's average Accounts Receivable for the three months ended in Dec. 2023 was ₺82 Mil. Hence, Consus Enerji Isletmeciligi Ve Hizmetleri Anonim Sirketi's Receivables Turnover for the three months ended in Dec. 2023 was 6.47.


Consus Enerji Isletmeciligi Ve Hizmetleri Anonim Sirketi Receivables Turnover Historical Data

The historical data trend for Consus Enerji Isletmeciligi Ve Hizmetleri Anonim Sirketi'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.

Consus Enerji Isletmeciligi Ve Hizmetleri Anonim Sirketi Receivables Turnover Chart

Consus Enerji Isletmeciligi Ve Hizmetleri Anonim Sirketi Annual Data
Trend Dec21 Dec22 Dec23
Receivables Turnover
- 17.95 16.66

Consus Enerji Isletmeciligi Ve Hizmetleri Anonim Sirketi Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Receivables Turnover Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 11.29 2.93 2.90 3.14 6.47

Competitive Comparison of Consus Enerji Isletmeciligi Ve Hizmetleri Anonim Sirketi's Receivables Turnover

For the Utilities - Renewable subindustry, Consus Enerji Isletmeciligi Ve Hizmetleri Anonim Sirketi'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.


Consus Enerji Isletmeciligi Ve Hizmetleri Anonim Sirketi's Receivables Turnover Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Consus Enerji Isletmeciligi Ve Hizmetleri Anonim Sirketi's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Consus Enerji Isletmeciligi Ve Hizmetleri Anonim Sirketi's Receivables Turnover falls into.



Consus Enerji Isletmeciligi Ve Hizmetleri Anonim Sirketi Receivables Turnover Calculation

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

Consus Enerji Isletmeciligi Ve Hizmetleri Anonim Sirketi'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 )
=1181.048 / ((61.96 + 79.805) / 2 )
=1181.048 / 70.8825
=16.66

Consus Enerji Isletmeciligi Ve Hizmetleri Anonim Sirketi'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 )
=528.125 / ((83.507 + 79.805) / 2 )
=528.125 / 81.656
=6.47

* 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.


Consus Enerji Isletmeciligi Ve Hizmetleri Anonim Sirketi  (IST:CONSE) 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.


Consus Enerji Isletmeciligi Ve Hizmetleri Anonim Sirketi Receivables Turnover Related Terms

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Consus Enerji Isletmeciligi Ve Hizmetleri Anonim Sirketi (IST:CONSE) Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
Buyukdere Street 193 Levent, Istanbul, TUR, 34394
Consus Enerji Isletmeciligi Ve Hizmetleri Anonim Sirketi is engaged in investing in renewable resources and implementing special energy solutions needed by industrial organizations on site. Its business areas include BioMass, Solar Energy, Cogeneration, and Electricity Trading.

Consus Enerji Isletmeciligi Ve Hizmetleri Anonim Sirketi (IST:CONSE) Headlines

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