Tidewater Midstream and Infrastructure (TSX:TWM) Accounts Receivable : C$145 Mil (As of Mar. 2025)

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What is Tidewater Midstream and Infrastructure Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Tidewater Midstream and Infrastructure's accounts receivables for the quarter that ended in Mar. 2025 was C$145 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Tidewater Midstream and Infrastructure's Days Sales Outstanding for the quarter that ended in Mar. 2025 was 42.72.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Tidewater Midstream and Infrastructure's Net-Net Working Capital per share for the quarter that ended in Mar. 2025 was C$-1.74.

Tidewater Midstream and Infrastructure Accounts Receivable Historical Data

The historical data trend for Tidewater Midstream and Infrastructure'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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Tidewater Midstream and Infrastructure Accounts Receivable Chart

Tidewater Midstream and Infrastructure Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Accounts Receivable

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169.96

242.90

269.90

147.80

159.10

Tidewater Midstream and Infrastructure Quarterly Data
	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24	Mar25
Accounts Receivable	Get a 7-Day Free Trial															191.30	183.00	177.20	159.10	145.10

Tidewater Midstream and Infrastructure Accounts Receivable Calculation

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

Tidewater Midstream and Infrastructure 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.

Tidewater Midstream and Infrastructure's Days Sales Outstanding for the quarter that ended in Mar. 2025 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	145.1	/	309.9	*	91
=	42.72

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

Tidewater Midstream and Infrastructure's Net-Net Working Capital Per Share for the quarter that ended in Mar. 2025 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)
=	(0.1	+	0.75 * 145.1	+	0.5 * 137.2	-	890
-	0	-	35.9)	/	431.200
=	-1.74

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.

Tidewater Midstream and Infrastructure Accounts Receivable Related Terms

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Tidewater Midstream and Infrastructure Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Tidewater Midstream and Infrastructure Ltd (TSX:TWM) » Definitions » Accounts Receivable

Comparable Companies

Traded in Other Exchanges

TWMIF:USA

Address

222 - 3rd Avenue SW, Suite 900, Calgary, AB, CAN, T2P 0B4

Website

https://www.tidewatermidstream.com

Tidewater Midstream and Infrastructure Ltd is a Canadian company that is engaged in providing midstream infrastructure and a natural gas storage facility. It mainly focuses on the purchase, sale, and transportation of Natural Gas Liquids (NGLs) such as propane, butane, and natural gasoline throughout North America and export to premium markets. The business activities of the company include gathering, processing, and transportation related to raw gas gathering systems, processing plants and pipelines, NGL marketing and Extraction, refined products, and other activities. Its business segments consist of Midstream, Downstream, Marketing, and others. The company generates maximum revenue from Marketing and other.

Executives

Nauman (nick) Toor	10% Security Holder
Steven Frank Reisinger	Senior Officer
Jared Ian Arling Strom Gurevitch	Senior Officer
Robert Colcleugh	Director, Senior Officer
Reed Mcdonnell	Senior Officer
Joel Macleod	Director
Douglas Scott Fraser	Director
Joel Kyle Vorra	Senior Officer
Birch Hill Equity Partners Management Inc.	10% Security Holder
Jarvis Williams	Senior Officer

Tidewater Midstream and Infrastructure Headlines

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