BWE Drilling (ASX:BWE) Accounts Receivable: A$12.14 Mil (As of Dec. 2024)

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ASX:BWE BWE Drilling Ltd ASX:BWE
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What is BWE Drilling Accounts Receivable?

BWE Drilling ASX:BWE 30 Accounts Receivable is A$12.14 Mil as of Dec. 2024. GuruFocus rates ASX:BWE with a GF Score™ of 30/100.

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. BWE Drilling's accounts receivables for the quarter that ended in Dec. 2024 was A$12.14 Mil.

Accounts receivable can be measured by Days Sales Outstanding. BWE Drilling's Days Sales Outstanding for the quarter that ended in Dec. 2024 was 56.02.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. BWE Drilling's Net-Net Working Capital per share for the quarter that ended in Dec. 2024 was A$-0.16.


BWE Drilling 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.

BWE Drilling's Days Sales Outstanding for the quarter that ended in Dec. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=12.135/39.535*91
=56.02

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

BWE Drilling's Net-Net Working Capital Per Share for the quarter that ended in Dec. 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)
=(5.707+0.75 * 12.135+0.5 * 6-40.852
-0-0)/143.148
=-0.16

* 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.


BWE Drilling Accounts Receivable Related Terms


BWE Drilling Accounts Receivable Historical Data

* Premium members only.

The historical data trend for BWE Drilling'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.

BWE Drilling Accounts Receivable Chart

BWE Drilling Annual Data
Trend Jun21 Jun22 Jun23 Jun24
Accounts Receivable
4.07 11.87 15.18 11.89

BWE Drilling Semi-Annual Data
Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
Accounts Receivable Get a 7-Day Free Trial Premium Member Only 16.86 15.18 10.97 11.89 12.14
ASX:BWE
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BWE Drilling Ltd ASX:BWE
Accounts Receivable is just one metric. See GF Score™, valuation, warning signs, and more.
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BWE Drilling Accounts Receivable Calculation

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

Frequently Asked Questions Learn more about Accounts Receivable →
What does a Accounts Receivable of A$12.14 Mil mean?
BWE Drilling (ASX:BWE) has a Accounts Receivable of A$12.14 Mil as of Dec. 2024. Accounts receivable is the amount a company expects to receive from credit-extending customers. View historical data on BWE Drilling and its competitors.
Is BWE Drilling's Accounts Receivable too high?
BWE Drilling's current Accounts Receivable is A$12.14 Mil. Overall, BWE Drilling has a GF Score™ of 30/100, reflecting its overall financial health beyond just this single metric.
How does BWE Drilling's Accounts Receivable compare to PWR and FIX?
BWE Drilling's Accounts Receivable of A$12.14 Mil can be compared against companies in the Construction industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Accounts Receivable for a Construction company?
A good Accounts Receivable depends on the Construction industry context. However, Accounts Receivable should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Accounts Receivable mean?
A high Accounts Receivable can signal that a stock is expensive relative to its fundamentals. Accounts receivable is the amount a company expects to receive from credit-extending customers. View historical data on BWE Drilling and its competitors. BWE Drilling's current Accounts Receivable is A$12.14 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is BWE Drilling stock overvalued right now?
BWE Drilling (ASX:BWE) has a current Accounts Receivable of A$12.14 Mil. The current Accounts Receivable is A$12.14 Mil. BWE Drilling's overall GF Score™ is 30/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Accounts Receivable calculated?
Accounts Receivable is calculated from a company's financial statements. For BWE Drilling (ASX:BWE), the current Accounts Receivable is A$12.14 Mil as of Dec. 2024. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

BWE Drilling Business Description

Address 76 Hasler Road, Level 2, Osborne Park, Perth, WA, AUS, 6017
BWE Drilling Ltd, formerly Dynamic Group Holdings Ltd is a supplier of drilling and blasting services to clients in the mining and construction sectors in Western Australia. It has extensive experience in areas of drilling and blasting, exploration and mine site resource definitions and grade control drilling, and water drilling, including deep artesian bores.
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