The AES Corporation (AES)
Receivables turnover
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (ttm) | US$ in thousands | 12,278,000 | 12,284,000 | 12,429,000 | 12,514,000 | 12,668,000 | 12,760,000 | 12,953,000 | 13,004,000 | 12,617,000 | 12,327,000 | 11,736,000 | 11,358,000 | 11,141,000 | 10,931,000 | 10,440,000 | 9,957,000 | 9,660,000 | 9,531,000 | 9,611,000 | 9,877,000 |
| Receivables | US$ in thousands | 1,731,000 | 1,868,000 | 1,507,000 | 1,609,000 | 1,501,000 | 1,725,000 | 1,710,000 | 1,859,000 | 1,906,000 | 1,787,000 | 1,675,000 | 1,523,000 | 1,602,000 | 1,400,000 | 1,374,000 | 1,342,000 | 1,438,000 | 1,404,000 | 1,414,000 | 1,446,000 |
| Receivables turnover | 7.09 | 6.58 | 8.25 | 7.78 | 8.44 | 7.40 | 7.57 | 7.00 | 6.62 | 6.90 | 7.01 | 7.46 | 6.95 | 7.81 | 7.60 | 7.42 | 6.72 | 6.79 | 6.80 | 6.83 |
December 31, 2024 calculation
Receivables turnover = Revenue (ttm) ÷ Receivables
= $12,278,000K ÷ $1,731,000K
= 7.09
The receivables turnover ratio of The AES Corporation has experienced fluctuations over the reported periods. The ratio measures how efficiently the company collects outstanding payments from its customers. A higher turnover ratio indicates faster collection of receivables.
Looking at the data, we can observe that the receivables turnover ratio ranged from a low of 6.58 on September 30, 2024, to a high of 8.44 on December 31, 2023. The company's efficiency in collecting receivables improved significantly during the period ended December 31, 2023. However, the ratio decreased in subsequent periods before fluctuating within a certain range.
Overall, The AES Corporation maintained a relatively stable receivables turnover performance, with occasional fluctuations observed. It is essential for the company to consistently monitor and manage its receivables effectively to ensure healthy cash flows and sustainable operations.