Piraeus Port Authority (ATH:PPA) Accounts Receivable : €11.3 Mil (As of Dec. 2023)

View and export this data going back to 2003. Start your Free Trial

What is Piraeus Port Authority Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Piraeus Port Authority's accounts receivables for the quarter that ended in Dec. 2023 was €11.3 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Piraeus Port Authority's Days Sales Outstanding for the quarter that ended in Dec. 2023 was 17.49.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Piraeus Port Authority's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was €-1.73.

Piraeus Port Authority Accounts Receivable Historical Data

The historical data trend for Piraeus Port Authority'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.

Piraeus Port Authority Accounts Receivable Chart

Piraeus Port Authority Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Receivable

Get a 7-Day Free Trial

11.78

8.93

10.95

12.99

11.25

Piraeus Port Authority Semi-Annual Data
	Jun14	Dec14	Jun15	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															10.95	21.85	12.99	26.63	11.25

Piraeus Port Authority Accounts Receivable Calculation

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

Piraeus Port Authority 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.

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

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	11.251	/	117.403	*	91
=	17.49

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

Piraeus Port Authority'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)
=	(202.476	+	0.75 * 11.251	+	0.5 * 4.019	-	256.264
-	0	-	0)	/	25
=	-1.73

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.

Piraeus Port Authority Accounts Receivable Related Terms

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

Piraeus Port Authority (ATH:PPA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Piraeus Port Authority SA (ATH:PPA) » Definitions » Accounts Receivable

Traded in Other Exchanges

PZE:Germany

Address

10 Akti Miaouli street, Piraeus, GRC, 18538

Website

https://www.olp.gr

Piraeus Port Authority SA is engaged in the management and operation of Piraeus port. The main activities of the company are anchoring services of vessels, handling cargo, loading and unloading services as well as goods storage and car transportation. The company is also responsible for the maintenance of port facilities, the supply of port services (water, electricity, telephone connection, and supply), for services provided to travelers (coastal and cruise ships), and for renting space to third parties. Business operating segments include Container Terminal, Car Terminal, Coasting, Cruise, Ship repairing, and Other segments which include water supply, space management, and merchandise management. Substantial revenue is derived from the Container Terminal segment.