Constellation Energy Corp (CEG)
Receivables turnover
| 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (ttm) | US$ in thousands | 24,918,000 | 26,455,000 | 26,395,000 | 26,414,000 | 24,440,000 | 22,639,000 | |||
| Receivables | US$ in thousands | 3,080,000 | 2,264,000 | 1,952,000 | 2,689,000 | 3,441,000 | 2,398,000 | 2,119,000 | 2,270,000 | 241,000 |
| Receivables turnover | 8.09 | 11.69 | 13.52 | 9.82 | 7.10 | 9.44 |
December 31, 2023 calculation
Receivables turnover = Revenue (ttm) ÷ Receivables
= $24,918,000K ÷ $3,080,000K
= 8.09
Constellation Energy Corporation's receivables turnover has shown some fluctuation over the past five quarters. In Q2 2023, the company had the highest receivables turnover of 13.52, indicating that it collected its outstanding receivables more efficiently during this period compared to the other quarters. The lowest receivables turnover was recorded in Q4 2022 at 7.37. Overall, the trend in receivables turnover suggests that the company has been relatively effective in managing its accounts receivable and converting them into cash, although there is some variability in performance from quarter to quarter.
Peer comparison
Dec 31, 2023