Exelon Corporation (EXC)
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 | 23,029,000 | 22,925,000 | 22,751,000 | 22,208,000 | 21,728,000 | 21,027,000 | 19,892,000 | 19,313,000 | 19,077,000 | 18,835,000 | 18,853,000 | 18,634,000 | 17,939,000 | 22,017,000 | 26,007,000 | 29,309,000 | 33,424,000 | 33,265,000 | 33,341,000 | 33,708,000 |
| Receivables | US$ in thousands | 3,754,000 | 3,660,000 | 3,709,000 | 3,585,000 | 3,372,000 | 3,329,000 | 3,047,000 | 3,377,000 | 3,579,000 | 3,485,000 | 3,218,000 | 3,098,000 | 5,126,000 | 4,660,000 | 4,492,000 | 4,816,000 | 4,758,000 | 4,293,000 | 4,302,000 | 5,381,000 |
| Receivables turnover | 6.13 | 6.26 | 6.13 | 6.19 | 6.44 | 6.32 | 6.53 | 5.72 | 5.33 | 5.40 | 5.86 | 6.01 | 3.50 | 4.72 | 5.79 | 6.09 | 7.02 | 7.75 | 7.75 | 6.26 |
December 31, 2024 calculation
Receivables turnover = Revenue (ttm) ÷ Receivables
= $23,029,000K ÷ $3,754,000K
= 6.13
Exelon Corporation's receivables turnover ratio reflects the efficiency of the company in collecting outstanding receivables from its customers within a specific period. A higher turnover ratio generally indicates a more effective credit policy and timely collection practices.
Based on the data provided, Exelon's receivables turnover ratio fluctuated over the period from March 31, 2020, to December 31, 2024. The ratio ranged from a high of 7.75 in June 30, 2020, and September 30, 2020, to a low of 3.50 in December 31, 2021.
There appears to be a downward trend in the receivables turnover ratio from September 30, 2021, reaching its lowest point at 3.50 on December 31, 2021. Subsequently, the ratio improved slightly, showing some volatility but generally stabilizing around the range of 5.40 to 6.53 from September 30, 2022, to June 30, 2023.
The current ratio of 6.13 on December 31, 2024, is slightly lower than some of the previous periods but remains within a relatively stable range. Overall, Exelon has exhibited varying efficiency in collecting its receivables, and stakeholders should continue to monitor trends in the ratio for potential implications on cash flow and liquidity management.
Peer comparison
Dec 31, 2024