Xcel Energy Inc (XEL)
Receivables turnover
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Revenue | US$ in thousands | 13,441,000 | 14,206,000 | 15,310,000 | 13,431,000 | 11,526,000 |
| Receivables | US$ in thousands | — | — | — | — | — |
| Receivables turnover | — | — | — | — | — |
December 31, 2024 calculation
Receivables turnover = Revenue ÷ Receivables
= $13,441,000K ÷ $—K
= —
The receivables turnover ratio for Xcel Energy Inc for the years 2020 to 2024 is not available in the provided data. Receivables turnover ratio is a metric that indicates how efficiently a company is collecting its accounts receivable during a period. A higher receivables turnover ratio typically signifies that a company is collecting its outstanding payments more quickly, which could indicate strong liquidity and effective credit policies. However, a low or declining receivables turnover ratio may suggest potential issues with collecting payments promptly or managing credit risk. Without the specific data points for Xcel Energy Inc, it is not possible to assess the trend or level of efficiency in their receivables management over the specified period.
Peer comparison
Dec 31, 2024