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Federal Grid Company Rosseti PJSC (MIC:FEES) Accounts Receivable : ₽126,408 Mil (As of Jun. 2023)


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What is Federal Grid Company Rosseti PJSC Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Federal Grid Company Rosseti PJSC's accounts receivables for the quarter that ended in Jun. 2023 was ₽126,408 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Federal Grid Company Rosseti PJSC's Days Sales Outstanding for the quarter that ended in Jun. 2023 was 35.62.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Federal Grid Company Rosseti PJSC's Net-Net Working Capital per share for the quarter that ended in Jun. 2023 was ₽-0.97.


Federal Grid Company Rosseti PJSC Accounts Receivable Historical Data

The historical data trend for Federal Grid Company Rosseti PJSC'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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Federal Grid Company Rosseti PJSC Accounts Receivable Chart

Federal Grid Company Rosseti PJSC 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 - 35,445.00 35,855.00 38,393.00 36,138.00

Federal Grid Company Rosseti PJSC Quarterly Data
Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Jun23
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 36,138.00 38,377.00 37,192.00 39,319.00 126,408.00

Federal Grid Company Rosseti PJSC Accounts Receivable Calculation

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


Federal Grid Company Rosseti PJSC 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.

Federal Grid Company Rosseti PJSC's Days Sales Outstanding for the quarter that ended in Jun. 2023 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=126408/323804*91
=35.62

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

Federal Grid Company Rosseti PJSC's Net-Net Working Capital Per Share for the quarter that ended in Jun. 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)
=(197665+0.75 * 126408+0.5 * 51680-1284268
-0-253401)/1260940
=-0.97

* 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.


Federal Grid Company Rosseti PJSC Accounts Receivable Related Terms

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Federal Grid Company Rosseti PJSC (MIC:FEES) Business Description

Traded in Other Exchanges
N/A
Address
5A, Akademika Chelomeya Street, Moscow, RUS, 117630
Federal Grid Company Rosseti PJSC is a Russian electric utility company of which the Russian Federation is the majority shareholder through its subsidiary, PJSC "Russian Grids." The company's principal activity is the transmission of electricity via the Russian Unified National Electric Grid. Federal Grid Company does this through its operation of numerous substations, transformers, and electricity transmission lines all throughout Russia. The vast majority of the company's revenue is derived from the provision of electricity transmission services to a variety of customers, such as industrial firms and other Russian utilities companies. This income stream is dependent upon changes in tariffs set by the Russian government and electricity demand.

Federal Grid Company Rosseti PJSC (MIC:FEES) Headlines

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