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Firstenergy Corp (NYSE: FE) |
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Firstenergy Accounts Receivables Turnover Ratio from the forth quarter 2024 to the forth quarter 2023
Quarterly Results, Trends, Rankings, Statistics
Firstenergy Corp's ability to collect accounts receivable sequentially worsen to 4.08, pointing to a challenging and on top of that deteriorating business climate for the Electric Utilities industry. Firstenergy's Average receivable collection period in the Dec 31 2024 quarter, has increased to 89 days, from 86 days, in the Sep 30 2024 quarter.
If we take a look into Utilities sector 79 other companies have achieved higher receivables turnover ratio. While receivables turnover ratio total ranking has improved thus far to 1993, from overall ranking in the third quarter 2024 at 2911.
What is Receivable Turnover Ratio?
What is Firstenergy Corp Selling?
What is Receivable Turnover Ratio?
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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FE 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 |
15.24 % |
12.84 % |
22.88 % |
6.48 % |
-1.98 % |
Y / Y Revenue Change |
0.95 % |
6.94 % |
9.12 % |
1.73 % |
-0.98 % |
Receivable Turnover Ratio (TTM) |
4.08 |
4.22 |
4.27 |
4.4 |
4.45 |
FE's Total
Ranking |
# 1993 |
# 2911 |
# 512 |
# 249 |
# 2435 |
Average receivable collection period |
89 |
87 |
86 |
83 |
82 |
Seq. Receivable Change |
2.34 % |
-0.51 % |
8.75 % |
4.08 % |
0.2 % |
Seq. Revenue Change |
-14.83 % |
13.69 % |
-0.21 % |
4.48 % |
-9.78 % |
Receivable
Turnover Ratio Statistics |
High |
Average |
Low |
13.92 |
7.98 |
3.82 |
(Dec 31 2013) |
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(Dec 31 2024) |
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 | Avista Corporation | 10.76 | $ 1,938.000 Millions | $ 180.050 Millions | Antero Midstream Corporation | 10.55 | $ 1,106.193 Millions | $ 104.809 Millions | Exelon Corporation | 10.15 | $ 23,028.000 Millions | $ 2,269.250 Millions | Southwest Gas Holdings Inc | 10.12 | $ 7,749.674 Millions | $ 765.466 Millions | Rgc Resources Inc | 10.00 | $ 87.511 Millions | $ 8.755 Millions | Kinetik Holdings Inc | 9.85 | $ 1,535.594 Millions | $ 155.962 Millions | Usa Compression Partners Lp | 9.64 | $ 950.449 Millions | $ 98.581 Millions | Enbridge Inc | 9.49 | $ 40,960.318 Millions | $ 4,315.453 Millions | Wisconsin Electric Power Company | 9.27 | $ 3,979.900 Millions | $ 429.500 Millions | Alliant Energy Corp | 9.23 | $ 3,981.000 Millions | $ 431.250 Millions | Archrock inc | 9.22 | $ 1,157.591 Millions | $ 125.536 Millions | Centuri Holdings Inc | 9.09 | $ 2,636.672 Millions | $ 290.128 Millions | Northwestern Energy Group Inc | 9.06 | $ 1,513.898 Millions | $ 167.094 Millions | Oge Energy Corp | 8.96 | $ 2,985.300 Millions | $ 333.325 Millions | Pinnacle West Capital Corporation | 8.71 | $ 5,124.915 Millions | $ 588.704 Millions | Vistra Corp | 8.58 | $ 17,224.000 Millions | $ 2,007.250 Millions | Atmos Energy Corp | 8.44 | $ 4,182.719 Millions | $ 495.684 Millions | New Jersey Resources Corporation | 8.43 | $ 1,817.690 Millions | $ 215.574 Millions | Essential Utilities Inc | 8.39 | $ 2,086.113 Millions | $ 248.709 Millions | Nrg Energy inc | 8.35 | $ 28,130.000 Millions | $ 3,368.250 Millions | Energy Transfer Lp | 8.29 | $ 82,671.000 Millions | $ 9,967.000 Millions | Portland General Electric Company | 8.04 | $ 3,440.000 Millions | $ 428.000 Millions | Mplx Lp | 7.72 | $ 11,933.000 Millions | $ 1,545.500 Millions | Enterprise Products Partners L p | 7.72 | $ 62,823.300 Millions | $ 8,142.750 Millions | Eversource Energy | 7.58 | $ 11,900.809 Millions | $ 1,570.148 Millions | Tennessee Valley Authority | 7.52 | $ 12,469.000 Millions | $ 1,658.250 Millions | Genie Energy Ltd | 7.51 | $ 425.203 Millions | $ 56.627 Millions | Ugi Corporation | 7.48 | $ 7,119.000 Millions | $ 951.750 Millions | Otter Tail Corporation | 7.39 | $ 1,330.548 Millions | $ 179.964 Millions | Dte Energy Co | 7.32 | $ 12,457.000 Millions | $ 1,701.250 Millions |
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