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Power Financial (TSX:PWF.PR.G.PFD) Accounts Receivable : C$0.00 Mil (As of Sep. 2020)


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What is Power Financial Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Power Financial's accounts receivables for the quarter that ended in Sep. 2020 was C$0.00 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Power Financial's Days Sales Outstanding for the quarter that ended in Sep. 2020 was 0.00.

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


Power Financial Accounts Receivable Historical Data

The historical data trend for Power Financial'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.

Power Financial Accounts Receivable Chart

Power Financial Annual Data
Trend Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4,120.00 5,056.00 5,502.00 5,532.00 6,281.00

Power Financial Quarterly Data
Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20
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 - 6,281.00 - - -

Power Financial Accounts Receivable Calculation

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


Power Financial 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.

Power Financial's Days Sales Outstanding for the quarter that ended in Sep. 2020 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0/14515*91
=0.00

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

Power Financial's Net-Net Working Capital Per Share for the quarter that ended in Sep. 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)
=(7176+0.75 * 0+0.5 * 0-459683
-2830-13324)/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.


Power Financial Accounts Receivable Related Terms

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Power Financial (TSX:PWF.PR.G.PFD) Business Description

Address
751 Victoria Square, Montreal, QC, CAN, H2Y 2J3
Power Financial Corp, a subsidiary of Power Corporation of Canada, is a diversified management and holding company with interests in the financial services industry through its controlling interests in Great-West Life and IGM Financial. It also has holdings in Pargesa, a diversified industrial group based in Europe. Its segments include Lifeco and IGM Financial and the GBL. The firm's holdings are leading insurance, retirement, wealth management, and investment businesses, including a portfolio of alternative asset investment platforms.

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