Accounts Receivable are created when a customer has received a product but has not yet paid for that product. American Electric Power Co's accounts receivables for the quarter that ended in Dec. 2023 was $1,030 Mil.
Accounts receivable can be measured by Days Sales Outstanding.
American Electric Power Co's Days Sales Outstanding for the quarter that ended in Dec. 2023 was 20.53.
In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. American Electric Power Co's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was $-131.48.
American Electric Power Co Accounts Receivable Historical Data
The historical data trend for American Electric Power Co'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.
American Electric Power Co Accounts Receivable Calculation
Accounts Receivable is money owed to a business by customers and shown on its Balance Sheet as an asset.
American Electric Power Co 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.
American Electric Power Co's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:
2. In Ben Graham's calculation of Net-Net Working Capital (NNWC), American Electric Power Co's accounts receivable are only considered to be worth 75% of book value:
American Electric Power Co's Net-Net Working Capital Per Share for the quarter that ended in Dec. 2023 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.
American Electric Power Co Accounts Receivable Related Terms
Thank you for viewing the detailed overview of American Electric Power Co's Accounts Receivable provided by GuruFocus.com. Please click on the following links to see related term pages.
American Electric Power Co (American Electric Power Co) Business Description
American Electric Power is one of the largest regulated utilities in the United States, providing electricity generation, transmission, and distribution to more than 5 million customers in 11 states. About 42% of AEP's of capacity is coal, with the remainder from a mix of natural gas (27%), renewable energy and hydro (21%), nuclear (8%), and demand response (2%). Vertically integrated utilities, transmission and distribution, and generation and marketing support earnings.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
AEP has been successfully added to your 