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Atlantica Sustainable Infrastructure (Atlantica Sustainable Infrastructure) Accounts Receivable : $213 Mil (As of Dec. 2023)


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What is Atlantica Sustainable Infrastructure Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Atlantica Sustainable Infrastructure's accounts receivables for the quarter that ended in Dec. 2023 was $213 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Atlantica Sustainable Infrastructure's Days Sales Outstanding for the quarter that ended in Dec. 2023 was 80.67.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Atlantica Sustainable Infrastructure's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was $-57.30.


Atlantica Sustainable Infrastructure Accounts Receivable Historical Data

The historical data trend for Atlantica Sustainable 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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Atlantica Sustainable Infrastructure Accounts Receivable Chart

Atlantica Sustainable Infrastructure 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 242.01 258.09 227.34 125.44 213.35

Atlantica Sustainable Infrastructure 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 125.44 268.05 225.05 225.14 213.35

Atlantica Sustainable Infrastructure Accounts Receivable Calculation

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


Atlantica Sustainable 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.

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

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=213.345/241.311*91
=80.67

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

Atlantica Sustainable Infrastructure'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)
=(460.215+0.75 * 213.345+0.5 * 29.87-7125.524
-0-165.332)/116.159
=-57.30

* 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.


Atlantica Sustainable Infrastructure Accounts Receivable Related Terms

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Atlantica Sustainable Infrastructure (Atlantica Sustainable Infrastructure) Business Description

Traded in Other Exchanges
Address
Great West Road, 17th Floor, Great West House, GW1, Brentford, GBR, TW8 9DF
Atlantica Sustainable Infrastructure PLC owns, manages, and acquires renewable energy, conventional power, electric transmission lines and water assets. It is focused on North America (the United States and Mexico), South America (Peru, Chile, Brazil, and Uruguay) and EMEA (Spain, Algeria and South Africa). The company's segments include North America, South America and Europe, Middle East and Africa. The renewable energy sector includes the company's activities related to the production of electricity from solar power and wind plants. Atlantica derives most of its revenues from EMEA, followed by South America and North America.

Atlantica Sustainable Infrastructure (Atlantica Sustainable Infrastructure) Headlines