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Cleco Corporate Holdings Llc  (CNL)
Other Ticker:  
 
    Sector  Utilities    Industry Electric Utilities
   Industry Electric Utilities
   Sector  Utilities
 

Clecoorate Holdings Llc Accounts Receivables Turnover Ratio from the second quarter 2023 to the second quarter 2022

Quarterly Results, Trends, Rankings, Statistics


Cleco Corporate Holdings Llc's ability to collect its outstanding accounts receivable from its corporate clients, has improved in the second quarter 2023 to a ratio of 15.32, 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 second quarter 2023. Average receivable collection period, for the Clecoorate Holdings Llc in Jun 30 2023 quarter, has decreased to 24 days, compared to 25 days, in the Mar 31 2023 quarter.

If we take a look into Utilities sector 13 other companies have achieved higher receivables turnover ratio. While receivables turnover ratio total ranking has improved thus far to , from overall ranking in the first quarter 2023 at 737.

What is Receivable Turnover Ratio?
What is Cleco Corporate Holdings Llc Selling?


What is Receivable Turnover Ratio?




CNL Receivables Turnover Ratio (Jun 30 2023)
II. Quarter
(Mar 31 2023)
I. Quarter
(Dec 31 2022)
IV. Quarter
(Sep 30 2022)
III. Quarter
(Jun 30 2022)
II. Quarter
Y / Y Receivable Change -56.58 % -38.65 % 49.45 % 36.4 % 31.18 %
Y / Y Revenue Change -47.78 % -28.63 % 96.49 % 30.42 % 44.01 %
Receivable Turnover Ratio (TTM) 15.32 14.66 14.25 12.9 13.13
CNL's Total Ranking # # 737 # 854 # 1069 # 1107
Average receivable collection period 24 25 26 28 28
Seq. Receivable Change -14.88 % -52.44 % -17.68 % 30.29 % 20.28 %
Seq. Revenue Change -11.16 % -64.14 % 32.54 % 23.67 % 21.43 %


Receivable Turnover Company Ranking
Within: No.
Electric Utilities Industry # 6
Utilities Sector # 14
Overall Market #

Receivable Turnover Ratio Statistics
High Average Low
16.5 12.5 9.93
(Jun 30 2023)   (Sep 30 2019)






Financial Statements
Clecoorate Holdings Llc's Accounts Receivable $ 74 Millions Visit CNL's Balance sheet
Clecoorate Holdings Llc's Sales TTM $ 2,174 Millions Visit CNL's Income Statement
Where are CNL's Sales coming from? Visit CNL'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
CNL's Receivable Turnover Ratio versus Electric Utilities Industry, Utilities Sector and total Market
Highest Ranking Accounts Receivables Turnover
Lowest Ranking Accounts Receivables Turnover
Accounts Receivable Turnover for CNL's Competitors
Receivables Turnover Ratio for CNL's Suppliers
Accounts Receivables Turnover Ratio for CNL's Customers

You may also want to know
CNL's Growth Rates CNL's Roa CNL's Inventory Turnover Ratio CNL's Dividend Comparisons
CNL's Profitability Ratios CNL's Roi CNL's Asset Turnover Ratio CNL's Dividend Growth
CNL's Valuation Ratios CNL's Roe CNL's Financial Strength Ratios CNL's Dividend Payout Ratio



Companies with similar Receivables Turnover Ratio for the quarter ending Jun 30 2023, within Utilities Sector Receivable Turnover Ratio Revenues for 12 Months ending Jun 30 2023 Receivable at quarter ending Jun 30 2023
Delek Logistics Partners Lp  38.31 $ 2,073.328  Millions$ 54.113  Millions
Enbridge Inc   28.23 $ 48,862.370  Millions$ 1,730.570  Millions
Sempra  26.05 $ 16,967.000  Millions$ 651.250  Millions
American States Water Company  24.92 $ 550.989  Millions$ 22.111  Millions
Xcel Energy Inc  21.82 $ 27,168.000  Millions$ 1,245.000  Millions
Cheniere Energy Inc   21.68 $ 29,349.000  Millions$ 1,354.000  Millions
Hf Sinclair Corporation  20.00 $ 34,982.717  Millions$ 1,749.178  Millions
Evergy Inc   18.77 $ 5,839.700  Millions$ 311.050  Millions
Cheniere Energy Partners L p   17.61 $ 14,547.000  Millions$ 826.250  Millions
Cleco Corporate Holdings Llc  16.50 $ 2,173.928  Millions$ 131.728  Millions
The Southern Company  15.33 $ 29,117.000  Millions$ 1,899.250  Millions
Allete Inc   15.24 $ 1,912.400  Millions$ 125.475  Millions
Targa Resources Corp   14.40 $ 17,839.100  Millions$ 1,238.700  Millions
Oneok Inc   14.12 $ 19,198.562  Millions$ 1,359.371  Millions
Crestwood Equity Partners Lp  13.50 $ 5,253.200  Millions$ 389.200  Millions
Plains All American Pipeline Lp  13.49 $ 51,232.000  Millions$ 3,799.000  Millions
Plains Gp Holdings Lp  13.49 $ 51,232.000  Millions$ 3,799.000  Millions
Wisconsin Public Service Corporation  13.04 $ 1,760.300  Millions$ 135.025  Millions
Ameren Corporation  12.51 $ 8,174.000  Millions$ 653.250  Millions
Excelerate Energy Inc  12.38 $ 1,901.799  Millions$ 153.604  Millions
Wisconsin Electric Power Company  12.00 $ 4,047.000  Millions$ 337.350  Millions
Mge Energy Inc   11.70 $ 718.484  Millions$ 61.413  Millions
Antero Midstream Corporation  11.39 $ 959.781  Millions$ 84.232  Millions
Enlink Midstream Llc  11.29 $ 8,011.400  Millions$ 709.625  Millions
Usa Compression Partners Lp  11.28 $ 933.320  Millions$ 82.707  Millions
Duke Energy Corporation  11.03 $ 28,805.000  Millions$ 2,611.750  Millions
Kinder Morgan Inc   10.85 $ 17,145.000  Millions$ 1,579.500  Millions
Idacorp Inc   10.62 $ 1,784.467  Millions$ 168.095  Millions
Cms energy Corporation  10.55 $ 6,921.000  Millions$ 656.000  Millions
Northwest Natural Holding Company  10.33 $ 1,192.374  Millions$ 115.404  Millions

Date modified: 2023-08-20T17:47:14+00:00



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