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Baltimore Gas & Electric Co (Baltimore Gas & Electric Co) Accounts Receivable : $359.00 Mil (As of Jun. 2016)


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What is Baltimore Gas & Electric Co Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Baltimore Gas & Electric Co's accounts receivables for the quarter that ended in Jun. 2016 was $359.00 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Baltimore Gas & Electric Co's Days Sales Outstanding for the quarter that ended in Jun. 2016 was 48.17.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Baltimore Gas & Electric Co's Net-Net Working Capital per share for the quarter that ended in Jun. 2016 was $N/A.


Baltimore Gas & Electric Co Accounts Receivable Historical Data

The historical data trend for Baltimore Gas & Electric Co'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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Baltimore Gas & Electric Co Accounts Receivable Chart

Baltimore Gas & Electric Co Annual Data
Trend Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15
Accounts Receivable
Get a 7-Day Free Trial 518.00 520.00 480.00 390.00 300.00

Baltimore Gas & Electric Co Quarterly Data
Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16
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 436.00 395.00 300.00 405.00 359.00

Baltimore Gas & Electric Co Accounts Receivable Calculation

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


Baltimore Gas & Electric Co 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.

Baltimore Gas & Electric Co's Days Sales Outstanding for the quarter that ended in Jun. 2016 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=359/680*91
=48.17

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

Baltimore Gas & Electric Co's Net-Net Working Capital Per Share for the quarter that ended in Jun. 2016 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+0.75 * 359+0.5 * 63-5395
-190-0)/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.


Baltimore Gas & Electric Co Accounts Receivable Related Terms

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Baltimore Gas & Electric Co (Baltimore Gas & Electric Co) Business Description

Traded in Other Exchanges
N/A
Address
Website
Baltimore Gas and Electric Company is a Maryland Corporation. It is an electric transmission and distribution utility company and a gas distribution utility company with a service territory that covers the City of Baltimore and all or part of ten counties in central Maryland. It is regulated by the Maryland PSC and Federal Energy Regulatory Commission (FERC) with respect to rates and other aspects of its business. The Company's electric service territory includes an area of approximately 2,300 square miles. There are no municipal or cooperative wholesale customers within BGE's service territory. The Company's gas service territory includes an area of approximately 800 square miles. The Company's electric and gas revenues come from many customers -residential, commercial, and industrial.

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