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Tritium DCFC (Tritium DCFC) Accounts Receivable : $40.34 Mil (As of Jun. 2023)


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What is Tritium DCFC Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Tritium DCFC's accounts receivables for the quarter that ended in Jun. 2023 was $40.34 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Tritium DCFC's Days Sales Outstanding for the quarter that ended in Jun. 2023 was 65.79.

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


Tritium DCFC Accounts Receivable Historical Data

The historical data trend for Tritium DCFC'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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Tritium DCFC Accounts Receivable Chart

Tritium DCFC Annual Data
Trend Jun20 Jun21 Jun22 Jun23
Accounts Receivable
10.88 12.19 28.30 40.34

Tritium DCFC Semi-Annual Data
Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23
Accounts Receivable Get a 7-Day Free Trial 12.19 46.53 28.30 57.12 40.34

Tritium DCFC Accounts Receivable Calculation

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


Tritium DCFC 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.

Tritium DCFC's Days Sales Outstanding for the quarter that ended in Jun. 2023 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=40.338/111.9*91
=65.79

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

Tritium DCFC's Net-Net Working Capital Per Share for the quarter that ended in Jun. 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)
=(29.421+0.75 * 40.338+0.5 * 140.291-418.831
-0-0)/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.


Tritium DCFC Accounts Receivable Related Terms

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Tritium DCFC (Tritium DCFC) Business Description

Traded in Other Exchanges
Address
48 Miller Street Murarrie, Murarrie, QLD, AUS, 4172
Tritium DCFC Ltd designs and manufactures proprietary hardware and software to create advanced and reliable DC fast chargers for electric vehicles. The company's segment includes Hardware and Service and Maintenance. It generates maximum revenue from the Hardware segment. Geographically, it derives a majority of its revenue from the Netherlands.