Clearway Energy Inc Class C (CWEN)
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 | 1,371,000 | 1,364,000 | 1,249,000 | 1,289,000 | 1,314,000 | 1,333,000 | 1,302,000 | 1,264,000 | 1,190,000 | 1,240,000 | 1,251,000 | 1,263,000 | 1,286,000 | 1,248,000 | 1,229,000 | 1,178,000 | 1,199,000 | 1,154,000 | 1,118,000 | 1,073,000 |
| Receivables | US$ in thousands | — | — | — | — | — | — | — | 150,000 | 153,000 | 200,000 | 224,000 | 153,000 | 144,000 | 203,000 | 204,000 | 159,000 | 143,000 | 156,000 | 161,000 | 100,000 |
| Receivables turnover | — | — | — | — | — | — | — | 8.43 | 7.78 | 6.20 | 5.58 | 8.25 | 8.93 | 6.15 | 6.02 | 7.41 | 8.38 | 7.40 | 6.94 | 10.73 |
December 31, 2024 calculation
Receivables turnover = Revenue (ttm) ÷ Receivables
= $1,371,000K ÷ $—K
= —
Clearway Energy Inc Class C's receivables turnover ratio, a measure of how efficiently the company is managing its receivables, has shown fluctuations over the given period.
From March 31, 2020, to June 30, 2020, there was a decrease in the ratio from 10.73 to 6.94, indicating a shorter average collection period for receivables. This trend continued with slight fluctuations until June 30, 2022, where the ratio dropped to 5.58, the lowest point in the period analyzed.
However, there was an improvement in the receivables turnover ratio from September 30, 2022, to December 31, 2022, reaching 7.78. The ratio further increased to 8.43 by March 31, 2023, showing a potential improvement in the company's collection of receivables.
It is worth noting the absence of data for the receivables turnover ratio from June 30, 2023, onwards, which limits the ability to analyze the more recent trends in the efficiency of Clearway Energy Inc Class C's receivables management.
Peer comparison
Dec 31, 2024