PWR Holdings (ASX:PWH) Accounts Receivable : A$16.4 Mil (As of Dec. 2023)

View and export this data going back to 2015. Start your Free Trial

What is PWR Holdings Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. PWR Holdings's accounts receivables for the quarter that ended in Dec. 2023 was A$16.4 Mil.

Accounts receivable can be measured by Days Sales Outstanding. PWR Holdings's Days Sales Outstanding for the quarter that ended in Dec. 2023 was 46.49.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. PWR Holdings's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was A$0.03.

PWR Holdings Accounts Receivable Historical Data

The historical data trend for PWR Holdings'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.

PWR Holdings Accounts Receivable Chart

PWR Holdings Annual Data

Trend

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Accounts Receivable

Get a 7-Day Free Trial

4.69

6.93

9.34

13.81

16.01

PWR Holdings Semi-Annual Data
	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Accounts Receivable	Get a 7-Day Free Trial												8.89	13.81	12.90	16.01	16.36

PWR Holdings Accounts Receivable Calculation

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

PWR Holdings 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.

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

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	16.357	/	64.215	*	91
=	46.49

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

PWR Holdings'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)
=	(15.612	+	0.75 * 16.357	+	0.5 * 19.903	-	34.555
-	0	-	0)	/	100.484
=	0.03

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.

PWR Holdings Accounts Receivable Related Terms

Thank you for viewing the detailed overview of PWR Holdings's Accounts Receivable provided by GuruFocus.com. Please click on the following links to see related term pages.

PWR Holdings (ASX:PWH) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » PWR Holdings Ltd (ASX:PWH) » Definitions » Accounts Receivable

Comparable Companies

Traded in Other Exchanges

N/A

Address

103 Lahrs Road, Ormeau, QLD, AUS, 4208

Website

https://www.pwr.com.au

PWR Holdings is a designer, manufacturer, and supplier of cooling solutions for motorsports and the performance automotive industry. PWR produces aluminum radiators, intercoolers, heat exchangers, oil coolers, and other cooling accessories for motorsports, performance automotive original equipment manufacturers, the automotive aftermarket, and aerospace and defense sectors. The motorsports segment generates the majority of revenue, while OEM and aftermarket constitute over a third of the income stream. PWR's products are primarily sold in North America and Europe.

PWR Holdings (ASX:PWH) Headlines

No Headlines