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United Power Generation and Distribution Co (DHA:UPGDCL) Accounts Receivable : BDT948 Mil (As of Jun. 2018)


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What is United Power Generation and Distribution Co Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. United Power Generation and Distribution Co's accounts receivables for the quarter that ended in Jun. 2018 was BDT948 Mil.

Accounts receivable can be measured by Days Sales Outstanding. United Power Generation and Distribution Co's Days Sales Outstanding for the quarter that ended in Jun. 2018 was 28.15.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. United Power Generation and Distribution Co's Net-Net Working Capital per share for the quarter that ended in Jun. 2018 was BDT3.96.


United Power Generation and Distribution Co Accounts Receivable Historical Data

The historical data trend for United Power Generation and Distribution 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.

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United Power Generation and Distribution Co Accounts Receivable Chart

United Power Generation and Distribution Co Annual Data
Trend Dec14 Jun17 Jun18
Accounts Receivable
851.81 848.93 947.76

United Power Generation and Distribution Co Semi-Annual Data
Dec14 Jun17 Jun18
Accounts Receivable 851.81 848.93 947.76

United Power Generation and Distribution Co Accounts Receivable Calculation

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


United Power Generation and Distribution 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.

United Power Generation and Distribution Co's Days Sales Outstanding for the quarter that ended in Jun. 2018 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=947.761/6144.608*91
=28.15

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

United Power Generation and Distribution Co's Net-Net Working Capital Per Share for the quarter that ended in Jun. 2018 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)
=(1360.367+0.75 * 947.761+0.5 * 718.083-134.408
-0-0)/579.695
=3.96

* 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.


United Power Generation and Distribution Co Accounts Receivable Related Terms

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United Power Generation and Distribution Co (DHA:UPGDCL) Business Description

Traded in Other Exchanges
N/A
Address
Road 90-91, Gulshan 2, Gulshan Centre Point, Plot 23-26, Dhaka, BGD, 1212
United Power Generation and Distribution Co Ltd is engaged in the power supply to the industries housed within the Export Processing Zones (EPZ) of Bangladesh. Its natural gas-fired power plants are Dhaka EPZ and Chittagong EPZ which consist of Wartsila, Rolls Royce, and MTU engine generators.

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