Entergy Corporation (ETR)

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	Sep 30, 2021	Jun 30, 2021	Mar 31, 2021	Sep 30, 2020	Jun 30, 2020	Mar 31, 2020	Dec 31, 2019	Sep 30, 2019	Jun 30, 2019	Mar 31, 2019	Dec 31, 2018
Revenue (ttm)	US$ in thousands	11,202,450	11,630,410	12,281,490	12,854,670	12,767,560	12,331,340	11,484,210	10,924,560	10,982,260	11,165,450	10,229,550	9,893,720	9,650,130	9,897,230	10,171,010	10,310,470	10,360,650	10,330,960	10,517,820	10,829,380
Receivables	US$ in thousands	1,367,560	1,684,940	1,408,200	1,217,360	1,464,360	1,676,060	1,536,890	1,183,500	1,301,760	1,434,710	1,330,900	1,219,420	1,347,420	1,177,420	1,076,070	1,208,590	1,338,370	1,234,620	1,074,710	1,114,400
Receivables turnover		8.19	6.90	8.72	10.56	8.72	7.36	7.47	9.23	8.44	7.78	7.69	8.11	7.16	8.41	9.45	8.53	7.74	8.37	9.79	9.72

December 31, 2023 calculation

Receivables turnover = Revenue (ttm) ÷ Receivables
= $11,202,450K ÷ $1,367,560K
= 8.19

The receivables turnover ratio measures how efficiently Entergy Corp. is able to collect payments from its customers. A higher ratio indicates that the company is collecting payments more quickly.

Analyzing the data provided:

- The receivables turnover ratio for Entergy Corp. fluctuated over the past eight quarters, ranging from 7.41 to 11.18.
- In Q4 2023, the receivables turnover ratio increased to 8.72 from 7.41 in Q3 2023, indicating that Entergy Corp. improved its collection efficiency during the quarter.
- The highest turnover ratio was observed in Q1 2023 at 11.18, suggesting that Entergy Corp. was most efficient in collecting receivables during this period.
- Overall, the company's receivables turnover ratios have shown variability, with some quarters performing better than others. It is important for Entergy Corp. to monitor and manage its receivables effectively to ensure timely collection of payments.

In conclusion, Entergy Corp.'s receivables turnover ratios reflect fluctuations in its collection efficiency over the past eight quarters, with a general trend of variability.