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Pinnacle West Capital Corporation (NYSE: PNW) |
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Pinnacle West Capital Accounts Receivables Turnover Ratio from the first quarter 2025 to the first quarter 2024
Quarterly Results, Trends, Rankings, Statistics
Pinnacle West Capital Corporation's ability to collect its outstanding accounts receivable from its corporate clients, has improved in the first quarter 2025 to a ratio of 8.82, this is below the company average, and notable indication of worsening business environment. Average receivable collection period, for the Pinnacle West Capital in Mar 31 2025 quarter, has decreased to 41 days, compared to 42 days, in the Dec 31 2024 quarter.
If we take a look into Utilities sector 41 other companies have achieved higher receivables turnover ratio. While receivables turnover ratio total ranking has improved thus far to 1271, from overall ranking in the fourth quarter 2024 at 1483.
What is Receivable Turnover Ratio?
What is Pinnacle West Capital Corporation Selling?
What is Receivable Turnover Ratio?
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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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PNW Receivables Turnover Ratio |
(Mar 31 2025) I. Quarter |
(Dec 31 2024) IV. Quarter |
(Sep 30 2024) III. Quarter |
(Jun 30 2024) II. Quarter |
(Mar 31 2024) I. Quarter |
Y / Y Receivable Change |
1.18 % |
2.28 % |
26.19 % |
18.93 % |
-5.21 % |
Y / Y Revenue Change |
8.47 % |
10.47 % |
8 % |
16.7 % |
0.72 % |
Receivable Turnover Ratio (TTM) |
8.82 |
8.71 |
8.57 |
9.02 |
9.05 |
PNW's Total
Ranking |
# 1271 |
# 1483 |
# 1419 |
# 1326 |
# 1344 |
Accounts Receivable average collection period days |
41 |
42 |
43 |
40 |
40 |
Seq. Receivable Change |
-18.05 % |
-37.36 % |
48.67 % |
32.58 % |
-17.16 % |
Seq. Revenue Change |
-5.76 % |
-38.07 % |
35.13 % |
37.54 % |
-4.02 % |
Receivable Turnover Ratio Statistics |
High |
Average |
Low |
14.54 |
10.17 |
6.87 |
(Sep. 30, 2015) |
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(Sep. 30, 2006) |
Companies with similar Receivables Turnover Ratio for the quarter ending Mar 31 2025, within Utilities Sector | Receivable Turnover Ratio | Revenues for 12 Months ending Mar 31 2025 | Receivable at quarter ending Mar 31 2025 | American States Water Co | 31.77 | $ 608.221 Millions | $ 19.142 Millions | Hallador Energy Co | 27.95 | $ 412.509 Millions | $ 14.757 Millions | Sempra | 24.90 | $ 13,347.000 Millions | $ 536.000 Millions | Exelon Corporation | 22.52 | $ 23,699.000 Millions | $ 1,052.500 Millions | Wisconsin Public Service Corporation | 22.15 | $ 1,631.900 Millions | $ 73.675 Millions | Cheniere Energy Inc | 21.49 | $ 16,894.000 Millions | $ 786.250 Millions | Talen Energy Corporation | 21.27 | $ 2,505.000 Millions | $ 117.750 Millions | Xcel Energy Inc | 20.57 | $ 24,995.000 Millions | $ 1,215.250 Millions | Hf Sinclair Corporation | 19.28 | $ 27,922.855 Millions | $ 1,448.089 Millions | Evergy Inc | 18.27 | $ 5,890.800 Millions | $ 322.425 Millions | Cheniere Energy Partners L p | 17.76 | $ 9,398.000 Millions | $ 529.250 Millions | Delek Logistics Partners Lp | 17.02 | $ 938.491 Millions | $ 55.129 Millions | Global Water Resources Inc | 15.38 | $ 53.539 Millions | $ 3.481 Millions | Venture Global Inc | 14.84 | $ 3,977.474 Millions | $ 268.037 Millions | Oneok Inc | 13.21 | $ 24,960.000 Millions | $ 1,889.750 Millions | Kinetik Holdings Inc | 12.78 | $ 1,648.556 Millions | $ 128.951 Millions | Plains All American Pipeline Lp | 12.62 | $ 50,089.000 Millions | $ 3,970.250 Millions | Plains Gp Holdings Lp | 12.62 | $ 50,089.000 Millions | $ 3,970.250 Millions | Stabilis Solutions Inc | 12.50 | $ 70.719 Millions | $ 5.658 Millions | Montauk Renewables Inc | 12.22 | $ 179.552 Millions | $ 14.689 Millions | Northwest Natural Holding Company | 12.08 | $ 1,213.808 Millions | $ 100.467 Millions | Targa Resources Corp | 11.83 | $ 16,380.600 Millions | $ 1,384.925 Millions | Duke Energy Corporation | 11.77 | $ 30,935.000 Millions | $ 2,629.000 Millions | Mge Energy Inc | 11.74 | $ 704.578 Millions | $ 60.020 Millions | Excelerate Energy Inc | 11.61 | $ 966.414 Millions | $ 83.230 Millions | Kinder Morgan Inc | 11.19 | $ 15,499.000 Millions | $ 1,385.000 Millions | Allete Inc | 10.88 | $ 1,526.700 Millions | $ 140.275 Millions | Idacorp Inc | 10.87 | $ 1,810.154 Millions | $ 166.531 Millions | Avista Corporation | 10.84 | $ 1,945.584 Millions | $ 179.556 Millions | Southwest Gas Holdings Inc | 10.29 | $ 7,487.273 Millions | $ 727.855 Millions |
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