Romande Energie Holding (XSWX:REHN) Receivables Turnover : 3.19 (As of Dec. 2023)

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What is Romande Energie Holding 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. Romande Energie Holding's Revenue for the six months ended in Dec. 2023 was CHF441.3 Mil. Romande Energie Holding's average Accounts Receivable for the six months ended in Dec. 2023 was CHF138.2 Mil. Hence, Romande Energie Holding's Receivables Turnover for the six months ended in Dec. 2023 was 3.19.

Romande Energie Holding Receivables Turnover Historical Data

The historical data trend for Romande Energie Holding'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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Romande Energie Holding Receivables Turnover Chart

Romande Energie Holding Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Receivables Turnover

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8.16

8.49

8.03

7.85

6.77

Romande Energie Holding Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Receivables Turnover	Get a 7-Day Free Trial															3.90	4.25	4.16	4.42	3.19

Competitive Comparison of Romande Energie Holding's Receivables Turnover

For the Utilities - Renewable subindustry, Romande Energie Holding'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.

Romande Energie Holding's Receivables Turnover Distribution in the Utilities - Independent Power Producers Industry

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

* The bar in red indicates where Romande Energie Holding's Receivables Turnover falls into.

Romande Energie Holding Receivables Turnover Calculation

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

Romande Energie Holding'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 )
=	928.213	/ (	(108.953	+	165.076)	/	2 )
=	928.213	/	137.0145
=	6.77

Romande Energie Holding'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: Jun. 2023 )	+	Accounts Receivable (Q: Dec. 2023 ))	/	count )
=	441.328	/ (	(111.316	+	165.076)	/	2 )
=	441.328	/	138.196
=	3.19

Romande Energie Holding (XSWX:REHN) 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.

Romande Energie Holding Receivables Turnover Related Terms

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Romande Energie Holding (XSWX:REHN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » Romande Energie Holding SA (XSWX:REHN) » Definitions » Receivables Turnover

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Traded in Other Exchanges

REHNz:UK

Address

Rue de Lausanne 53, P.O. Box 950, Morges 1, CHE, CH-1110

Website

https://investor.romande-energie.ch

Romande Energie Holding SA is a Swiss utility company involved in the generation, distribution, and marketing of electricity and energy services. The company's segment includes Grids; Energy Solutions; Romande Energie Services and Corporate. It generates maximum revenue from the Energy Solutions segment. The Energy Solutions business unit spans the entire kWh chain, operating through two divisions: generation and power/heating distribution; and end-markets.

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