Accounts Receivable are created when a customer has received a product but has not yet paid for that product. El Paso Electric Co's accounts receivables for the quarter that ended in Mar. 2020 was $66.3 Mil.
Accounts receivable can be measured by Days Sales Outstanding.
El Paso Electric Co's Days Sales Outstanding for the quarter that ended in Mar. 2020 was 38.16.
In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. El Paso Electric Co's Net-Net Working Capital per share for the quarter that ended in Mar. 2020 was $-62.54.
El Paso Electric Co Accounts Receivable Historical Data
The historical data trend for El Paso Electric 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.
El Paso Electric Co Accounts Receivable Calculation
Accounts Receivable is money owed to a business by customers and shown on its Balance Sheet as an asset.
El Paso Electric 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.
El Paso Electric Co's Days Sales Outstanding for the quarter that ended in Mar. 2020 is calculated as:
2. In Ben Graham's calculation of Net-Net Working Capital (NNWC), El Paso Electric Co's accounts receivable are only considered to be worth 75% of book value:
El Paso Electric Co's Net-Net Working Capital Per Share for the quarter that ended in Mar. 2020 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.
El Paso Electric Co Accounts Receivable Related Terms
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El Paso Electric Co (El Paso Electric Co) Business Description
El Paso Electric Co is a Texas-based public utility company engaged in the generation, transmission, and distribution of electricity in the Southwestern U.S. The company principally serves retail customers in the El Paso, Texas and Las Cruces, New Mexico markets through its portfolio of nuclear, natural gas, coal, solar, and wind power plants. The vast majority of the total power produced by El Paso Electric is derived from its nuclear and natural gas facilities. The company generates most of its revenue from the production and sale of energy. Distribution service fees also represent a significant income stream. El Paso Electric primarily serves residential and small industrial customers, but also participates in wholesale transactions with local military installations and universities.
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