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Abengoa (Abengoa) Accounts Receivable : $194 Mil (As of Dec. 2020)


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What is Abengoa Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Abengoa's accounts receivables for the quarter that ended in Dec. 2020 was $194 Mil.

Accounts receivable can be measured by Days Sales Outstanding.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Abengoa's Net-Net Working Capital per share for the quarter that ended in Dec. 2020 was $-0.49.


Abengoa Accounts Receivable Historical Data

The historical data trend for Abengoa's Accounts Receivable can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Abengoa Accounts Receivable Chart

Abengoa Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 725.87 790.52 260.81 183.63 194.47

Abengoa Quarterly Data
Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Dec20
Accounts Receivable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 651.98 183.63 552.49 178.58 194.47

Abengoa Accounts Receivable Calculation

Accounts Receivable is money owed to a business by customers and shown on its Balance Sheet as an asset.


Abengoa Accounts Receivable Explanation

1. Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Days Sales Outstanding measures of the average number of days that a company takes to collect revenue after a sale has been made. It is a financial ratio that illustrates how well a company's accounts receivables are being managed.

Abengoa's Days Sales Outstanding for the quarter that ended in Dec. 2020 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=194.466/0*91
=

2. In Ben Graham's calculation of Net-Net Working Capital (NNWC), Abengoa's accounts receivable are only considered to be worth 75% of book value:

Abengoa's Net-Net Working Capital Per Share for the quarter that ended in Dec. 2020 is calculated as:

Net-Net Working Capital Per Share
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(23.714+0.75 * 194.466+0.5 * 52.575-9218.223
-0-172.981)/18830.6
=-0.49

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Be Aware

Net receivables tells us a great deal about the different competitors in the same industry. In competitive industries, some attempt to gain advantage by offering better credit terms, causing increase in sales and receivables.

If company consistently shows lower % Net receivables to gross sales than competitors, then it usually has some kind of competitive advantage which requires further digging.

Average Days Sales Outstanding is a good indicator for measuring a company's sales channel and customers. A company may book great revenue and earnings growth but never receive payment from their customers. This may force a write-off in the future and depress future earnings.


Abengoa Accounts Receivable Related Terms

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Abengoa (Abengoa) Business Description

Traded in Other Exchanges
N/A
Address
1 Energia Solar Street, Campus Palmas Altas, Sevilla, ESP, 41014
Abengoa SA together with its subsidiaries provides technology solutions for the energy and environment sectors in Spain and rest of Europe, North America, Brazil and the rest of South America, and internationally. The company operates two activities which are Engineering and construction which includes the traditional engineering business in the energy and water sectors; Concession-type infrastructures include the operation of electric energy generation plants, desalination plants, and transmission lines. Engineering and construction generate most of the revenue.

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