Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Williams Partners LP's accounts receivables for the quarter that ended in Jun. 2018 was $742 Mil.
Accounts receivable can be measured by Days Sales Outstanding.
Williams Partners LP's Days Sales Outstanding for the quarter that ended in Jun. 2018 was 32.46.
In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Williams Partners LP's Net-Net Working Capital per share for the quarter that ended in Jun. 2018 was $N/A.
Williams Partners LP Accounts Receivable Historical Data
The historical data trend for Williams Partners LP'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.
Williams Partners LP Accounts Receivable Calculation
Accounts Receivable is money owed to a business by customers and shown on its Balance Sheet as an asset.
Williams Partners LP 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.
Williams Partners LP's Days Sales Outstanding for the quarter that ended in Jun. 2018 is calculated as:
2. In Ben Graham's calculation of Net-Net Working Capital (NNWC), Williams Partners LP's accounts receivable are only considered to be worth 75% of book value:
Williams Partners LP's Net-Net Working Capital Per Share for the quarter that ended in Jun. 2018 is calculated as:
* 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.
Williams Partners LP Accounts Receivable Related Terms
Thank you for viewing the detailed overview of Williams Partners LP's Accounts Receivable provided by GuruFocus.com. Please click on the following links to see related term pages.
Williams Partners LP (Williams Partners LP) Business Description
Williams Partners is a large pipeline company that owns and operates the large Transco and Northwest pipeline systems and associated natural gas gathering and processing and storage assets. It also owns a 60% stake in Discovery, which owns offshore natural gas assets in the Gulf of Mexico. Williams Companies, a publicly traded C-Corporation, owns a 74% interest in Williams Partners. The partnership owns the underlying assets while the corporation holds the stake in the limited partnership.
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