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Energy Transfer Operating LP (Energy Transfer Operating LP) Accounts Receivable : $3,875.00 Mil (As of Dec. 2020)


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What is Energy Transfer Operating LP Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Energy Transfer Operating LP's accounts receivables for the quarter that ended in Dec. 2020 was $3,875.00 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Energy Transfer Operating LP's Days Sales Outstanding for the quarter that ended in Dec. 2020 was 35.24.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Energy Transfer Operating LP's Net-Net Working Capital per share for the quarter that ended in Dec. 2020 was $N/A.


Energy Transfer Operating LP Accounts Receivable Historical Data

The historical data trend for Energy Transfer Operating LP'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.

Energy Transfer Operating LP Accounts Receivable Chart

Energy Transfer Operating LP Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3,002.00 4,504.00 4,009.00 5,038.00 3,875.00

Energy Transfer Operating LP Quarterly Data
Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20
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 5,038.00 3,268.00 2,955.00 3,731.00 3,875.00

Energy Transfer Operating LP Accounts Receivable Calculation

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


Energy Transfer Operating LP 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.

Energy Transfer Operating LP's Days Sales Outstanding for the quarter that ended in Dec. 2020 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=3875/10034*91
=35.24

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

Energy Transfer Operating LP's Net-Net Working Capital Per Share for the quarter that ended in Dec. 2020 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)
=(366+0.75 * 3875+0.5 * 1739-63792
-0-8096)/0
=N/A

* 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.


Energy Transfer Operating LP Accounts Receivable Related Terms

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Energy Transfer Operating LP (Energy Transfer Operating LP) Business Description

Traded in Other Exchanges
N/A
Address
8111 Westchester Drive, Suite 600, Dallas, TX, USA, 75225
Energy Transfer Operating LP is a diversified midstream energy company in the country with more than 86,000 miles of pipelines traversing approximately 38 states transporting the oil and gas products. Its core operations include transportation, storage and terminalling for natural gas, crude oil, NGLs, refined products and liquid natural gas. The operating business segments of the company are intrastate transportation and storage, interstate transportation and storage, midstream, NGL and refined products transportation and services, crude oil transportation and services, investment in Sunoco LP, investment in USAC, and Other. The crude oil transportation and services segment generates maximum revenue for the company.