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Transmissora Alianca de Energia Eletrica (BSP:TAEE3) Accounts Receivable : R$268 Mil (As of Mar. 2024)


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What is Transmissora Alianca de Energia Eletrica Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Transmissora Alianca de Energia Eletrica's accounts receivables for the quarter that ended in Mar. 2024 was R$268 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Transmissora Alianca de Energia Eletrica's Days Sales Outstanding for the quarter that ended in Mar. 2024 was 33.42.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Transmissora Alianca de Energia Eletrica's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was R$-10.92.


Transmissora Alianca de Energia Eletrica Accounts Receivable Historical Data

The historical data trend for Transmissora Alianca de Energia Eletrica'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.

Transmissora Alianca de Energia Eletrica Accounts Receivable Chart

Transmissora Alianca de Energia Eletrica Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 128.18 190.38 212.07 202.94 282.01

Transmissora Alianca de Energia Eletrica Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Accounts Receivable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 242.39 334.52 364.39 282.01 267.84

Transmissora Alianca de Energia Eletrica Accounts Receivable Calculation

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


Transmissora Alianca de Energia Eletrica 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.

Transmissora Alianca de Energia Eletrica's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=267.84/731.321*91
=33.42

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

Transmissora Alianca de Energia Eletrica's Net-Net Working Capital Per Share for the quarter that ended in Mar. 2024 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)
=(1080.101+0.75 * 267.84+0.5 * 0-12570.664
-0-0)/1033.5
=-10.92

* 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.


Transmissora Alianca de Energia Eletrica Accounts Receivable Related Terms

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Transmissora Alianca de Energia Eletrica (BSP:TAEE3) Business Description

Traded in Other Exchanges
Address
Praca XV de Novembro, 20, Salas 601, e 602, 6th Floor, Centro, Rio de Janeiro, RJ, BRA, 20010-010
Transmissora Alianca de Energia Eletrica SA, or Taesa, is an electric utility company that acts as one of the largest electric transmission concessionaires in Brazil. Taesa implements, operates, and maintains electric power transmission services and facilities both for Brazil's National Interconnected System and for the electricity transmission sectors of other countries as well. The company generates most of its revenue in the form of compensation for its investments in the construction of transmission lines and for the operation and maintenance service that it provides all over Brazil. Taesa's controlling shareholders include a large, state-owned Brazilian power company, CEMIG.

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