OGE Energy Corporation (OGE)

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	2,985,300	2,791,500	2,771,500	2,713,900	2,674,300	2,819,500	3,144,900	3,343,600	3,375,700	3,245,100	2,838,700	2,612,400	3,653,700	3,557,800	3,395,500	3,321,600	2,122,300	2,109,400	2,162,700	2,172,900
Receivables	US$ in thousands	315,200	418,700	335,600	263,800	299,700	444,100	363,100	295,700	345,000	402,300	349,600	227,900	229,900	325,300	272,000	205,800	233,500	282,300	254,800	203,100
Receivables turnover		9.47	6.67	8.26	10.29	8.92	6.35	8.66	11.31	9.78	8.07	8.12	11.46	15.89	10.94	12.48	16.14	9.09	7.47	8.49	10.70

December 31, 2024 calculation

Receivables turnover = Revenue (ttm) ÷ Receivables
= $2,985,300K ÷ $315,200K
= 9.47

The receivables turnover of OGE Energy Corporation has exhibited fluctuations over the periods from March 31, 2020, to December 31, 2024. The ratio indicates the efficiency of the company in collecting outstanding receivables during a specific period. A higher receivables turnover suggests that the company is efficient in converting its receivables into cash.

Based on the data provided, the receivables turnover ratio ranged from a low of 6.35 on September 30, 2023, to a high of 16.14 on March 31, 2021. This fluctuation may indicate variability in the company's collection efforts or changes in its credit policies.

It is essential for OGE Energy Corporation to closely monitor its receivables turnover ratio to ensure timely collections and efficient management of accounts receivable. Consistent improvement or maintenance of a healthy receivables turnover ratio can positively impact the company's cash flow and overall financial health.