GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » TAURON Polska Energia SA (OTCPK:TNPGY) » Definitions » Accounts Receivable

TAURON Polska Energia (TAURON Polska Energia) Accounts Receivable : $1,354.97 Mil (As of Dec. 2023)


View and export this data going back to 2012. Start your Free Trial

What is TAURON Polska Energia Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. TAURON Polska Energia's accounts receivables for the quarter that ended in Dec. 2023 was $1,354.97 Mil.

Accounts receivable can be measured by Days Sales Outstanding. TAURON Polska Energia's Days Sales Outstanding for the quarter that ended in Dec. 2023 was 40.31.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. TAURON Polska Energia's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was $-34.17.


TAURON Polska Energia Accounts Receivable Historical Data

The historical data trend for TAURON Polska Energia'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.

TAURON Polska Energia Accounts Receivable Chart

TAURON Polska Energia 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 581.14 627.38 842.76 968.85 1,354.97

TAURON Polska Energia Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 968.85 1,575.93 1,202.75 1,219.50 1,354.97

TAURON Polska Energia Accounts Receivable Calculation

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


TAURON Polska Energia 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.

TAURON Polska Energia's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=1354.966/3067.383*91
=40.31

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

TAURON Polska Energia's Net-Net Working Capital Per Share for the quarter that ended in Dec. 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)
=(896.292+0.75 * 1354.966+0.5 * 376.224-8078.805
-0-9.64)/175.255
=-34.17

* 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.


TAURON Polska Energia Accounts Receivable Related Terms

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


TAURON Polska Energia (TAURON Polska Energia) Business Description

Traded in Other Exchanges
Address
ul. ks. Piotra Sciegiennego 3, Katowice, POL, 40-114
TAURON Polska Energia SA is a Polish joint stock company that operates and has ownership stakes in the energy industry in Eastern and Northern Europe. TAURON Polska Energia is, cumulatively, involved in the production, distribution, and sale of energy and fuel inputs. The company segments its operations into Mining, Generation, Distribution, and Sales. In its Generation division, TAURON Polska Energia operates a portfolio of biomass, coal, gas, and hydro power plants mainly in Poland. Most of its total energy production comes from its conventional, thermal facilities. The company generates the majority of its revenue from the sale of electricity and heat out of its Sales unit. Distribution service revenue and sales made by the Generation division are also significant.

TAURON Polska Energia (TAURON Polska Energia) Headlines

No Headlines