EVN AG (WBO:EVN) Receivables Turnover : 0.87 (As of Mar. 2024)

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What is EVN AG 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. EVN AG's Revenue for the three months ended in Mar. 2024 was €896 Mil. EVN AG's average Accounts Receivable for the three months ended in Mar. 2024 was €1,025 Mil. Hence, EVN AG's Receivables Turnover for the three months ended in Mar. 2024 was 0.87.

EVN AG Receivables Turnover Historical Data

The historical data trend for EVN AG'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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EVN AG Receivables Turnover Chart

EVN AG Annual Data

Trend

Sep14

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Receivables Turnover

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7.86

8.85

8.74

12.75

11.83

EVN AG Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Receivables Turnover	Get a 7-Day Free Trial															0.66	0.45	0.94	1.26	0.87

Competitive Comparison of EVN AG's Receivables Turnover

For the Utilities - Diversified subindustry, EVN AG'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.

EVN AG's Receivables Turnover Distribution in the Utilities - Regulated Industry

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

* The bar in red indicates where EVN AG's Receivables Turnover falls into.

EVN AG Receivables Turnover Calculation

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

EVN AG's Receivables Turnover for the fiscal year that ended in Sep. 2023 is calculated as

	Receivables Turnover (A: Sep. 2023 )
=	Revenue	/	Average Total Inventories
=	Revenue (A: Sep. 2023 )	/ (	(Accounts Receivable (A: Sep. 2022 )	+	Accounts Receivable (A: Sep. 2023 ))	/	count )
=	3768.6	/ (	(306.1	+	331.2)	/	2 )
=	3768.6	/	318.65
=	11.83

EVN AG'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 )
=	896.1	/ (	(1109.6	+	941)	/	2 )
=	896.1	/	1025.3
=	0.87

EVN AG (WBO:EVN) 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.

EVN AG Receivables Turnover Related Terms

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EVN AG (WBO:EVN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » EVN AG (WBO:EVN) » Definitions » Receivables Turnover

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Traded in Other Exchanges

EVNv:UK 0EEI:UK EVN:Germany

Address

EVN Platz, Maria Enzersdorf, AUT, A-2344

Website

https://www.evn.at

EVN AG is an Austrian-based utilities company that generates and distributes electricity and operates in natural gas, waste management, water supply, wastewater treatment and thermal waste utilization service. Evn operates in Austria, Bulgaria, North Macedonia, Croatia, Albania and Germany. The company's operations are divided into segments that include Energy, Generation, Networks, South East Europe, Environment and All Other Segments, out of which South East Europe generates maximum revenue. The company earns majority revenue from Austria.

Executives

Friedrich Bußlehner

Supervisory Board