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Duke Energy Corporation (DUK) |
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Duke Energy Accounts Receivables Turnover Ratio from the second quarter 2024 to the second quarter 2023
Quarterly Results, Trends, Rankings, Statistics
Duke Energy Corporation's ability to collect its outstanding accounts receivable from its corporate clients, has improved in the second quarter 2024 to a ratio of 13.76, 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 2024. Average receivable collection period, for the Duke Energy in Jun 30 2024 quarter, has decreased to 27 days, compared to 29 days, in the Mar 31 2024 quarter.
If we take a look into Utilities sector 73 other companies have achieved higher receivables turnover ratio. While receivables turnover ratio total ranking has improved thus far to 2061, from overall ranking in the first quarter 2024 at 2474.
What is Receivable Turnover Ratio?
What is Duke Energy Corporation Selling?
What is Receivable Turnover Ratio?
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Select the Comparisons :
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Select the Ratio:
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Accounts Receivables Turnover▼
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Accounts Receivables Turnover▼
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| DUK Receivables Turnover Ratio |
(Jun 30 2024)
II. Quarter |
(Mar 31 2024)
I. Quarter |
(Dec 31 2023)
IV. Quarter |
(Sep 30 2023)
III. Quarter |
(Jun 30 2023)
II. Quarter |
| Y / Y Receivable Change |
-24.36 % |
-19.99 % |
-34.55 % |
3.97 % |
-6.92 % |
| Y / Y Revenue Change |
9.03 % |
5.43 % |
3.28 % |
0.33 % |
-1.6 % |
| Receivable Turnover Ratio (TTM) |
13.76 |
12.51 |
11.64 |
10.91 |
11.03 |
| DUK's Total
Ranking |
# 2061 |
# 2474 |
# 743 |
# 568 |
# 649 |
| Average receivable collection period |
27 |
29 |
31 |
33 |
33 |
| Seq. Receivable Change |
-5.59 % |
102.61 % |
-65.72 % |
15.36 % |
-0.14 % |
| Seq. Revenue Change |
-6.51 % |
6.36 % |
-9.78 % |
21.53 % |
-9.59 % |
| Receivable
Turnover Ratio Statistics |
| High |
Average |
Low |
| 0.35 |
0.22 |
0.15 |
| (Sep. 30, 2005) |
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(Dec 31 2020) |
| Companies with similar Receivables Turnover Ratio for the quarter ending Jun 30 2024, within Utilities Sector | Receivable Turnover Ratio | Revenues for 12 Months ending Jun 30 2024 | Receivable at quarter ending Jun 30 2024 | | Hallador Energy Co | 26.26 | $ 485.538 Millions | $ 18.489 Millions | | Wisconsin Public Service Corporation | 25.83 | $ 1,573.100 Millions | $ 60.900 Millions | | Cheniere Energy Partners L p | 21.97 | $ 9,003.000 Millions | $ 409.750 Millions | | Sempra | 21.41 | $ 13,476.000 Millions | $ 629.500 Millions | | Xcel Energy Inc | 20.61 | $ 25,207.000 Millions | $ 1,223.250 Millions | | Cheniere Energy Inc | 19.92 | $ 16,486.000 Millions | $ 827.750 Millions | | Global Water Resources Inc | 19.63 | $ 66.255 Millions | $ 3.375 Millions | | Evergy Inc | 18.51 | $ 5,635.700 Millions | $ 304.500 Millions | | Hf Sinclair Corporation | 17.15 | $ 31,438.583 Millions | $ 1,833.334 Millions | | Wisconsin Electric Power Company | 14.11 | $ 3,993.600 Millions | $ 282.950 Millions | | Duke Energy Corporation | 13.76 | $ 30,049.000 Millions | $ 2,184.000 Millions | | Northwest Natural Holding Company | 12.37 | $ 1,142.377 Millions | $ 92.363 Millions | | Plains All American Pipeline Lp | 12.22 | $ 49,697.000 Millions | $ 4,065.250 Millions | | Plains Gp Holdings Lp | 12.22 | $ 49,697.000 Millions | $ 4,065.250 Millions | | Oneok Inc | 12.12 | $ 19,099.000 Millions | $ 1,576.250 Millions | | Ameren Corporation | 11.85 | $ 7,187.000 Millions | $ 606.750 Millions | | Antero Midstream Corporation | 11.68 | $ 1,130.676 Millions | $ 96.797 Millions | | Allete Inc | 11.57 | $ 1,539.300 Millions | $ 133.000 Millions | | Stabilis Solutions Inc | 11.15 | $ 70.913 Millions | $ 6.360 Millions | | Idacorp Inc | 10.85 | $ 1,822.834 Millions | $ 168.071 Millions | | Enlink Midstream Llc | 10.70 | $ 6,801.500 Millions | $ 635.900 Millions | | Kinder Morgan Inc | 10.62 | $ 15,359.000 Millions | $ 1,446.750 Millions | | Rgc Resources Inc | 10.49 | $ 84.004 Millions | $ 8.009 Millions | | Exelon Corporation | 10.13 | $ 22,750.000 Millions | $ 2,244.750 Millions | | Enbridge Inc | 9.73 | $ 34,973.396 Millions | $ 3,594.953 Millions | | Berkshire Hathaway Energy Company | 9.72 | $ 25,542.000 Millions | $ 2,627.000 Millions | | Enterprise Products Partners L p | 9.46 | $ 71,665.900 Millions | $ 7,577.500 Millions | | Nisource Inc | 9.28 | $ 13,684.100 Millions | $ 1,474.650 Millions | | Southwest Gas Holdings Inc | 9.20 | $ 7,940.449 Millions | $ 863.081 Millions | | Usa Compression Partners Lp | 9.09 | $ 906.723 Millions | $ 99.765 Millions |
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