PPL (PPL) Accounts Receivable

: $950 Mil (As of Dec. 2023)

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Accounts Receivable are created when a customer has received a product but has not yet paid for that product. PPL's accounts receivables for the quarter that ended in Dec. 2023 was $950 Mil.

Accounts receivable can be measured by Days Sales Outstanding. PPL's Days Sales Outstanding for the quarter that ended in Dec. 2023 was 42.68.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. PPL's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was $-32.57.

PPL Accounts Receivable Historical Data

The historical data trend for PPL'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.

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PPL Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Receivable

687.00

603.00

583.00

896.00

950.00

PPL Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Accounts Receivable																896.00	1,033.00	979.00	1,068.00	950.00

PPL Accounts Receivable Calculation

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

PPL 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.

PPL's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	950	/	2031	*	91
=	42.68

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

PPL's Net-Net Working Capital Per Share for the quarter that ended in Dec. 2023 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)
=	(331	+	0.75 * 950	+	0.5 * 505	-	25303
-	0	-	0)	/	737.13
=	-32.57

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.

PPL Accounts Receivable Related Terms

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PPL (PPL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » PPL Corp (NYSE:PPL) » Definitions » Accounts Receivable

Comparable Companies

AEE ES FE ETR CNP CMS DTE WEC AGR EIX NEE SO DUK LSE:NG. AEP PCG D BOM:532555 EXC PEG

Traded in Other Exchanges

PP9:Germany PP9:Germany

Address

Two North Ninth Street, Allentown, PA, USA, 18101-1179

Website

https://www.pplweb.com

PPL is a holding company of regulated utilities in Pennsylvania, Kentucky, and Rhode Island. The Pennsylvania regulated delivery and transmission segment distributes electricity to customers in central and eastern Pennsylvania. LG&E and KU are involved in regulated electricity generation, transmission, and distribution in Kentucky. The Kentucky utilities also serve gas customers. Narragansett operates electric and gas utilities in Rhode Island.

Executives

Tadd J Henninger	officer: Vice President and Treasurer	TWO NORTH NINTH STREET, ALLENTOWN PA 18101
Crockett John R Iii	officer: President of a PPL Subsidiary	TWO NORTH NINTH STREET, ALLENTOWN PA 18101
David J Bonenberger	officer: President of a PPL Subsidiary	TWO NORTH NINTH STREET, ALLENTOWN PA 18101
Linda G Sullivan	director	P.O.BOX 800, 2244 WALNUT GROVE AVENUE, ROSEMEAD CA 91770
Francis X Sullivan	officer: EVP and COO	TWO NORTH NINTH STREET, ALLENTOWN PA 18101
Bergstein Joseph P Jr	officer: VP-IR and Treasurer	TWO NORTH NINTH STREET, ALLENTOWN PA 18101
Vincent Sorgi	officer: Vice President and Controller	TWO NORTH NINTH STREET, ALLENTOWN PA 18101
Stephanie R Raymond	officer: President of a PPL Subsidiary	TWO NORTH NINTH STREET, ALLENTOWN PA 18101
Gregory N Dudkin	officer: President of a PPL Subsidiary	TWO NORTH NINTH STREET, ALLENTOWN PA 18101
Angela K Gosman	officer: SVP and CHRO	TWO NORTH NINTH STREET, ALLENTOWN PA 18101
Heather B Redman	director	TWO NORTH NINTH STREET, ALLENTOWN PA 18101
Wendy E Stark	officer: SVP, GC and Corp Sec	TWO NORTH NINTH STREET, ALLENTOWN PA 18101
Joanne H Raphael	officer: SVP, GC & Corp Sec	TWO NORTH NINTH STREET, ALLENTOWN PA 18101
Art P Beattie	director	600 NORTH 18TH STREET, BIRMINGHAM AL 35291
William H Spence	officer: Executive VP and COO	UNIVERSITY OFFICE PLAZA, 252 CHAPMAN RD., PO BOX 6066, NEWARK DE 19714-0066