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Entergy Texas (Entergy Texas) Accounts Receivable : $84.98 Mil (As of Mar. 2024)


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What is Entergy Texas Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Entergy Texas's accounts receivables for the quarter that ended in Mar. 2024 was $84.98 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Entergy Texas's Days Sales Outstanding for the quarter that ended in Mar. 2024 was 17.45.

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


Entergy Texas Accounts Receivable Historical Data

The historical data trend for Entergy Texas'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.

Entergy Texas Accounts Receivable Chart

Entergy Texas 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 58.89 86.41 77.98 113.60 86.98

Entergy Texas Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 77.24 79.30 139.47 86.98 84.98

Entergy Texas Accounts Receivable Calculation

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


Entergy Texas 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.

Entergy Texas's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=84.981/444.491*91
=17.45

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

Entergy Texas's Net-Net Working Capital Per Share for the quarter that ended in Mar. 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)
=(177.936+0.75 * 84.981+0.5 * 193.919-4951.31
-38.75-0)/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.


Entergy Texas Accounts Receivable Related Terms

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Entergy Texas (Entergy Texas) Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
2107 Research Forest Drive, The Woodlands, TX, USA, 77380
Entergy Texas Inc. is an integrated energy company engaged primarily in electric power production and retail electric distribution operations.
Executives
Reginald T Jackson officer: SVP, Chief Accounting Officer C/O ENTERGY CORPORATION LEGAL DEPT., 639 LOYOLA AVE., 26TH FLOOR, NEW ORLEANS LA 70113
Norgeot Peter S Jr director C/O ENTERGY CORPORATION LEGAL DEPT., 639 LOYOLA AVENUE, 26TH FLOOR, NEW ORLEANS LA 70113
Eliecer Viamontes director, officer: Chairman and CEO C/O ENTERGY CORPORATION LEGAL DEPT., 639 LOYOLA AVE., 26TH FLOOR, NEW ORLEANS LA 70113
Andrew S Marsh director, officer: EVP & Chief Financial Officer C/O ENTERGY CORPORATION LEGAL DEPT., 639 LOYOLA AVE., 26TH FLOOR, NEW ORLEANS LA 70113
Roderick K West director, officer: Group President, Utility Ops 1600 PERDIDO STREET, BLDG 505, NEW ORLEANS LA 70112
Marcus V Brown officer: EVP & General Counsel C/O ENTERGY CORPORATION LEGAL DEPT., 639 LOYOLA AVE., 26TH FL., NEW ORLEANS LA 70113
Paul D Hinnenkamp director C/O ENTERGY CORPORATION LEGAL DEPT., 639 LOYOLA AVE., 26TH FLOOR, NEW ORLEANS LA 70113
Kimberly A. Fontan officer: SVP, Chief Accounting Officer C/O ENTERGY CORPORATION LEGAL DEPT., 639 LOYOLA AVE., 26TH FLOOR, NEW ORLEANS LA 70113
Leo P Denault officer: Officer under Section 16 Rules
Sallie T Rainer director, officer: Chair and CEO C/O ENTERGY CORPORATION LEGAL DEPT., 639 LOYOLA AVE., 26TH FLOOR, NEW ORLEANS LA 70113

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