Altus Power Inc 's ability to collect its outstanding accounts receivable from its corporate clients, has improved in the fourth quarter 2024 to a ratio of 7.27, above the company average. This is a clear sign of healthy business climate in the Electric Utilities industry and improving liquidity at their respective customers, during the fourth quarter 2024. Average receivable collection period, for the Altus Power Inc in Dec 31 2024 quarter, has decreased to 50 days, compared to 51 days, in the Sep 30 2024 quarter.

If we take a look into Utilities sector 100 other companies have achieved higher receivables turnover ratio. While total ranking has deteriorated relative to the period ending Dec 31 2024 from 1862 to 3422.

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What is Altus Power Inc Selling?

What is Receivable Turnover Ratio?

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AMPS Receivables Turnover Ratio	(Dec 31 2024) IV. Quarter	(Sep 30 2024) III. Quarter	(Jun 30 2024) II. Quarter	(Mar 31 2024) I. Quarter	(Dec 31 2023) IV. Quarter
Y / Y Receivable Change	27.53 %	46.79 %	17.68 %	24.45 %	27.2 %
Y / Y Revenue Change	30.05 %	30.17 %	12.79 %	38.4 %	27.75 %
Receivable Turnover Ratio (TTM)	7.27	7.2	7.47	7.6	7.42
AMPS's Total Ranking	# 3422	# 1862	# 1212	# 2639	# 1321
Accounts Receivable average collection period days	50	51	49	48	49
Seq. Receivable Change	-36.47 %	7.87 %	58.66 %	17.29 %	-26.88 %
Seq. Revenue Change	-24.23 %	11.86 %	29.02 %	18.91 %	-24.15 %

Receivable Turnover Company Ranking
Within:	No.
Electric Utilities Industry	# 52
Utilities Sector	# 101
Overall Market	# 3422

Receivable Turnover Ratio Statistics
High	Average	Low
0.13	0.09	0.08
(Sep 30 2022)		(Jun 30 2024)

News about Altus Power Inc Receivables Turnover Ratios

Altus Power Reviews Strategic Alternatives Amid Mixed Stock Performance

Altus Power Inc. has announced that it is currently engaged in a comprehensive review of strategic alternatives, a move that comes as the company seeks to navigate a challenging market environment. Altus, which focuses on clean energy solutions, has experienced a notable uptick in its share performance in the current month, delivering a 1.74% increase that outpaces many broader market indices. This recent performance offers a glimmer of hope for investors after a tumultuous year for the company. Over the past 12 months, Altus Power s shares have struggled, declining by 34.36%. This stark contrast to the broader market, which has enjoyed an impressive 40.39% gain during the same period, highlights the challenges Altus faces in a sector that is rapidly evolving and highly competitive.The ongoing review of strategic alternatives could potentially pave the way for a transformational shift in Altus s operations. Investors are keenly watching for updates, as the outcomes of this review may lead to partnerships, operational restructuring, or even changes in the company’s leadership. Analysts suggest that while the immediate future looks uncertain, strategic adjustments could help Altus align more closely with market trends and investor expectations.

AMPS Company Profile • Back to AMPS Efficiency Comparisons • Compare AMPS Receivables Turnover Ratio to its Competitors

Financial Statements
Altus Power Inc 's Accounts Receivable	$ 22 Millions	Visit AMPS's Balance sheet
Altus Power Inc 's Sales TTM	$ 196 Millions	Visit AMPS's Income Statement
Sources of AMPS's Revenues		Visit AMPS's Sales by Geography

Other Accounts Receivable Turnover Ratios
Electric Utilities Industry Accounts Receivable Turnover Trends and Statistics
Utilities Sector Accounts Receivable Turnover Statistics
Accounts Receivables Turnover Trends for overall market
AMPS's Receivable Turnover Ratio versus Electric Utilities Industry, Utilities Sector and total Market
Highest Ranking Accounts Receivables Turnover
Lowest Ranking Accounts Receivables Turnover

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Companies with similar Receivables Turnover Ratio for the quarter ending Dec 31 2024, within Utilities Sector	Receivable Turnover Ratio	Revenues for 12 Months ending Dec 31 2024	Receivable at quarter ending Dec 31 2024
Talen Energy Corporation	24.72	$ 4,591.000 Millions	$ 185.750 Millions
Wisconsin Public Service Corporation	22.98	$ 1,560.400 Millions	$ 67.900 Millions
Sempra	22.85	$ 13,185.000 Millions	$ 577.000 Millions
Cheniere Energy Inc	22.42	$ 15,703.000 Millions	$ 700.250 Millions
Transmontaigne Partners llc	21.22	$ 702.727 Millions	$ 33.120 Millions
Xcel Energy Inc	20.52	$ 24,588.000 Millions	$ 1,198.500 Millions
Cheniere Energy Partners L p	20.24	$ 8,704.000 Millions	$ 430.000 Millions
Evergy Inc	18.46	$ 5,847.300 Millions	$ 316.750 Millions
Hf Sinclair Corporation	18.23	$ 28,580.000 Millions	$ 1,567.444 Millions
Delek Logistics Partners Lp	18.01	$ 940.636 Millions	$ 52.215 Millions
Ultrapar Holdings Inc	17.90	$ 25,364.793 Millions	$ 1,416.895 Millions
American Electric Power Co Inc	17.12	$ 19,721.300 Millions	$ 1,151.700 Millions
Global Water Resources Inc	15.46	$ 52.692 Millions	$ 3.409 Millions
Duke Energy Corporation	13.84	$ 30,357.000 Millions	$ 2,193.250 Millions
Edenor	13.64	$ 53,335.830 Millions	$ 3,909.798 Millions
Oneok Inc	13.14	$ 21,698.000 Millions	$ 1,651.750 Millions
Plains All American Pipeline Lp	12.44	$ 50,073.000 Millions	$ 4,025.250 Millions
Plains Gp Holdings Lp	12.44	$ 50,073.000 Millions	$ 4,025.250 Millions
Stabilis Solutions Inc	12.39	$ 72.983 Millions	$ 5.890 Millions
Kinetik Holdings Inc	12.31	$ 1,482.929 Millions	$ 120.468 Millions
Northwest Natural Holding Company	12.29	$ 1,152.994 Millions	$ 93.794 Millions
Montauk Renewables Inc	11.78	$ 175.736 Millions	$ 14.922 Millions
Targa Resources Corp	11.66	$ 16,381.500 Millions	$ 1,405.025 Millions
Mge Energy Inc	11.52	$ 676.944 Millions	$ 58.751 Millions
Idacorp Inc	11.12	$ 1,826.633 Millions	$ 164.255 Millions
Ameren Corporation	11.06	$ 7,623.000 Millions	$ 689.250 Millions
Kinder Morgan Inc	11.05	$ 15,100.000 Millions	$ 1,367.000 Millions
New Jersey Resources Corporation	11.02	$ 1,817.690 Millions	$ 164.901 Millions
Allete Inc	10.93	$ 1,529.800 Millions	$ 140.025 Millions
Excelerate Energy Inc	10.86	$ 851.437 Millions	$ 78.414 Millions

Date modified: 2026-09-08T15:11:28+00:00

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