GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » Alternergy Holdings Corp (PHS:ALTER) » Definitions » Accounts Receivable

Alternergy Holdings (PHS:ALTER) Accounts Receivable : ₱193.8 Mil (As of Mar. 2024)


View and export this data going back to 2023. Start your Free Trial

What is Alternergy Holdings Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Alternergy Holdings's accounts receivables for the quarter that ended in Mar. 2024 was ₱193.8 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Alternergy Holdings's Days Sales Outstanding for the quarter that ended in Mar. 2024 was 214.88.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Alternergy Holdings's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was ₱-0.30.


Alternergy Holdings Accounts Receivable Historical Data

The historical data trend for Alternergy Holdings'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.

Alternergy Holdings Accounts Receivable Chart

Alternergy Holdings Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Jun22 Jun23
Accounts Receivable
Get a 7-Day Free Trial 0.81 1.89 68.73 16.87 17.35

Alternergy Holdings Quarterly Data
Dec18 Dec19 Dec20 Jun21 Sep21 Dec21 Jun22 Sep22 Mar23 Jun23 Dec23 Mar24
Accounts Receivable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 18.55 21.29 17.35 155.28 193.84

Alternergy Holdings Accounts Receivable Calculation

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


Alternergy Holdings 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.

Alternergy Holdings's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=193.835/82.312*91
=214.88

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

Alternergy Holdings'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)
=(2062.792+0.75 * 193.835+0.5 * 0-2628.335
-47.04-721.825)/3933.84
=-0.30

* 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.


Alternergy Holdings Accounts Receivable Related Terms

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


Alternergy Holdings (PHS:ALTER) Business Description

Traded in Other Exchanges
N/A
Address
Paseo de Roxas corner Legazpi Street, Level 3B, 111 Paseo de Roxas Building, Legazpi Village, Makati, PHL, 1229
Alternergy Holdings Corp is a renewable energy holding company. The company's segments include Wind Energy; Hydro Energy; Solar Energy and Retail Energy Supplier (RES). It generates maximum revenue from the Solar Energy segment. The Solar Energy segment includes Generation and supply of solar power to various customers under power supply contracts.

Alternergy Holdings (PHS:ALTER) Headlines

No Headlines