CenterPoint Energy Inc (CNP)
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 | 8,643,000 | 8,563,000 | 8,567,000 | 8,537,000 | 8,696,000 | 9,225,000 | 9,268,000 | 9,337,000 | 9,321,000 | 8,924,000 | 8,770,000 | 8,568,000 | 8,352,000 | 8,092,000 | 7,965,000 | 7,798,000 | 7,418,000 | 8,594,000 | 9,714,000 | 10,937,000 |
| Receivables | US$ in thousands | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Receivables turnover | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
December 31, 2024 calculation
Receivables turnover = Revenue (ttm) ÷ Receivables
= $8,643,000K ÷ $—K
= —
The receivables turnover ratio for CenterPoint Energy Inc for the period from March 31, 2020, to December 31, 2024, is not available as indicated by the data provided (marked as "—"). Receivables turnover ratio is a financial metric that measures how efficiently a company is able to collect outstanding receivables from its customers during a specific period.
A high receivables turnover ratio typically indicates that the company is efficient in collecting payments from its customers, which is a positive sign of liquidity and effective credit management. On the other hand, a low ratio may suggest potential issues with collecting payments, credit policies, or customer financial health.
Since the data for the receivables turnover ratio for CenterPoint Energy Inc is missing for the specified periods, it is not possible to analyze the effectiveness of the company in managing its accounts receivable turnover during this time frame. It is essential for investors and analysts to monitor this ratio over time to assess the company's financial health and operational efficiency in handling its receivables.
Peer comparison
Dec 31, 2024