ReVolve Renewable Power (FRA:PM7) Receivables Turnover : 1.70 (As of Mar. 2024)

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What is ReVolve Renewable Power 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. ReVolve Renewable Power's Revenue for the three months ended in Mar. 2024 was €0.31 Mil. ReVolve Renewable Power's average Accounts Receivable for the three months ended in Mar. 2024 was €0.18 Mil. Hence, ReVolve Renewable Power's Receivables Turnover for the three months ended in Mar. 2024 was 1.70.

ReVolve Renewable Power Receivables Turnover Historical Data

The historical data trend for ReVolve Renewable Power'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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ReVolve Renewable Power Receivables Turnover Chart

ReVolve Renewable Power Annual Data

Trend

Jun20

Jun21

Jun22

Jun23

Receivables Turnover

23.81

ReVolve Renewable Power Quarterly Data
	Jun20	Sep20	Dec20	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Receivables Turnover	Get a 7-Day Free Trial										2.08	1.94	25.84	1.40	1.70

Competitive Comparison of ReVolve Renewable Power's Receivables Turnover

For the Utilities - Renewable subindustry, ReVolve Renewable Power'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.

ReVolve Renewable Power's Receivables Turnover Distribution in the Utilities - Independent Power Producers Industry

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

* The bar in red indicates where ReVolve Renewable Power's Receivables Turnover falls into.

ReVolve Renewable Power Receivables Turnover Calculation

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

ReVolve Renewable Power's Receivables Turnover for the fiscal year that ended in Jun. 2023 is calculated as

	Receivables Turnover (A: Jun. 2023 )
=	Revenue	/	Average Total Inventories
=	Revenue (A: Jun. 2023 )	/ (	(Accounts Receivable (A: Jun. 2022 )	+	Accounts Receivable (A: Jun. 2023 ))	/	count )
=	1.024	/ (	(0	+	0.043)	/	1 )
=	1.024	/	0.043
=	23.81

ReVolve Renewable Power's Receivables Turnover for the quarter that ended in Mar. 2024 is calculated as

	Receivables Turnover (Q: Mar. 2024 )
=	Revenue	/	Average Total Inventories
=	Revenue (Q: Mar. 2024 )	/ (	(Accounts Receivable (Q: Dec. 2023 )	+	Accounts Receivable (Q: Mar. 2024 ))	/	count )
=	0.31	/ (	(0.128	+	0.236)	/	2 )
=	0.31	/	0.182
=	1.70

ReVolve Renewable Power (FRA:PM7) 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.

ReVolve Renewable Power Receivables Turnover Related Terms

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ReVolve Renewable Power (FRA:PM7) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » ReVolve Renewable Power Corp (FRA:PM7) » Definitions » Receivables Turnover

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Traded in Other Exchanges

REVVF:USA REVV:Canada

Address

Philpsburgh Avenue Fairview, Bushfield House, 57 Bushfield Square, Dublin, IRL, 3

Website

https://www.revolve-renewablepower.com

Revolve Renewable Power Corp is a developer of utility-scale renewable energy generation projects in North America with a focus on wind, solar, and battery storage technologies. Its project portfolio includes Utility scale assets and Development generation assets. The company has three business segments (1) Renewable energy projects (2) behind-the-meter distributed electricity generation including rooftop solar, battery storage, and energy efficiency projects at customer premises (3) Corporate. The company operates geographically in the USA, Mexico, Canada, and others.

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