Pentanet (ASX:5GG) Accounts Receivable : A$0.85 Mil (As of Dec. 2023)

View and export this data going back to 2021. Start your Free Trial

What is Pentanet Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Pentanet's accounts receivables for the quarter that ended in Dec. 2023 was A$0.85 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Pentanet's Days Sales Outstanding for the quarter that ended in Dec. 2023 was 14.88.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Pentanet's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was A$-0.02.

Pentanet Accounts Receivable Historical Data

The historical data trend for Pentanet'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.

Pentanet Accounts Receivable Chart

Pentanet Annual Data

Trend

Jun20

Jun21

Jun22

Jun23

Accounts Receivable

0.13

0.12

0.18

0.41

Pentanet Semi-Annual Data
	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Accounts Receivable	Get a 7-Day Free Trial			0.18	0.18	0.34	0.41	0.85

Pentanet Accounts Receivable Calculation

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

Pentanet 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.

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

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	0.848	/	10.402	*	91
=	14.88

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

Pentanet'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)
=	(6.776	+	0.75 * 0.848	+	0.5 * 0.35	-	15.771
-	0	-	0)	/	373.727
=	-0.02

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.

Pentanet Accounts Receivable Related Terms

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

Pentanet (ASX:5GG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » Pentanet Ltd (ASX:5GG) » Definitions » Accounts Receivable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Unit 2/8 Corbusier Place, Balcatta, Perth, WA, AUS, 6021

Website

https://www.pentanet.com.au

Pentanet Ltd is a licensed telecommunications carrier and internet service provider (ISP), delivering high-speed internet services via its fixed-wireless network and other fixed-line networks. The company provides a range of services for residential, commercial, and enterprise customers. It operates in two segments namely Internet services and Gaming and technology services within Australia. The company generates maximum revenue from the Internet services segment.

Pentanet (ASX:5GG) Headlines

No Headlines