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. Vistra's Revenue for the
three
months ended in Mar. 2024 was $3,054 Mil. Vistra's average Accounts Receivable for the
three
months ended in Mar. 2024 was $1,702 Mil.
Hence, Vistra's Receivables Turnover for the
three
months ended in Mar. 2024 was 1.79.
Vistra Receivables Turnover Historical Data
The historical data trend for Vistra'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.
Competitive Comparison of Vistra's Receivables Turnover
For the Utilities - Independent Power Producers subindustry, Vistra'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.
Vistra's Receivables Turnover Distribution in the Utilities - Independent Power Producers Industry
For the Utilities - Independent Power Producers industry and Utilities sector, Vistra's Receivables Turnover distribution charts can be found below:
* The bar in red indicates where Vistra's Receivables Turnover falls into.
Vistra Receivables Turnover Calculation
Receivables Turnover measures the number of times a company collects its average accounts receivable balance.
Vistra's Receivables Turnover for the fiscal year that ended in Dec. 2023 is calculated as
* 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.
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.
Vistra Receivables Turnover Related Terms
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Vistra Energy is one of the largest power producers and retail energy providers in the U.S. Excluding the Energy Harbor acquisition, Vistra owns and operates 38 gigawatts of nuclear, coal, natural gas, and solar power generation. Its retail electricity segment serves 4.3 million customers in 20 states. Vistra's retail business serves almost one third of all Texas electricity consumers. Vistra emerged from the Energy Future Holdings bankruptcy as a stand-alone entity in 2016. It acquired Dynegy in 2018 and plans to close the Energy Harbor acquisition in 2023.
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