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Rosseti Volga PJSC (MIC:MRKV) Receivables Turnover : 3.88 (As of Dec. 2023)


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What is Rosseti Volga PJSC 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. Rosseti Volga PJSC's Revenue for the three months ended in Dec. 2023 was ₽20,680 Mil. Rosseti Volga PJSC's average Accounts Receivable for the three months ended in Dec. 2023 was ₽5,333 Mil. Hence, Rosseti Volga PJSC's Receivables Turnover for the three months ended in Dec. 2023 was 3.88.


Rosseti Volga PJSC Receivables Turnover Historical Data

The historical data trend for Rosseti Volga PJSC'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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Rosseti Volga PJSC Receivables Turnover Chart

Rosseti Volga PJSC 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 10.11 11.36 12.41 10.69 12.36

Rosseti Volga PJSC Quarterly Data
Sep18 Dec18 Jun19 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 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 3.13 2.85 2.66 3.07 3.88

Competitive Comparison of Rosseti Volga PJSC's Receivables Turnover

For the Utilities - Regulated Electric subindustry, Rosseti Volga PJSC'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.


Rosseti Volga PJSC's Receivables Turnover Distribution in the Utilities - Regulated Industry

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

* The bar in red indicates where Rosseti Volga PJSC's Receivables Turnover falls into.



Rosseti Volga PJSC Receivables Turnover Calculation

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

Rosseti Volga PJSC'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 )
=77044.745 / ((7129.293 + 5336.224) / 2 )
=77044.745 / 6232.7585
=12.36

Rosseti Volga PJSC'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 )
=20679.846 / ((5330.012 + 5336.224) / 2 )
=20679.846 / 5333.118
=3.88

* 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.


Rosseti Volga PJSC  (MIC:MRKV) 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.


Rosseti Volga PJSC Receivables Turnover Related Terms

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Rosseti Volga PJSC (MIC:MRKV) Business Description

Traded in Other Exchanges
N/A
Address
42/44 Pervomayskaya Street, Saratov, RUS, 410031
Rosseti Volga PJSC is a Russian company engaged in the distribution of electrical energy. The company's segment includes Saratov Region; Orenburg Region; Samara Region; Penza Region; Ulyanovsk Region; Republic of Chuvashia; Republic of Mordovia and other. It derives a majority of revenue from Saratov Region.

Rosseti Volga PJSC (MIC:MRKV) Headlines

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