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ACP Energy (FRA:DU5) Accounts Receivable : €0.00 Mil (As of Dec. 2022)


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What is ACP Energy Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. ACP Energy's accounts receivables for the quarter that ended in Dec. 2022 was €0.00 Mil.

Accounts receivable can be measured by Days Sales Outstanding.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. ACP Energy's Net-Net Working Capital per share for the quarter that ended in Dec. 2022 was €0.01.


ACP Energy Accounts Receivable Historical Data

The historical data trend for ACP Energy'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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ACP Energy Accounts Receivable Chart

ACP Energy Annual Data
Trend
Accounts Receivable

ACP Energy Semi-Annual Data
Dec21 Dec22
Accounts Receivable - -

ACP Energy Accounts Receivable Calculation

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


ACP Energy 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.

ACP Energy's Days Sales Outstanding for the quarter that ended in Dec. 2022 is calculated as:

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

ACP Energy's Net-Net Working Capital Per Share for the quarter that ended in Dec. 2022 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)
=(0.455+0.75 * 0+0.5 * 0-0.076
-0-0)/44.122
=0.01

* 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.


ACP Energy Accounts Receivable Related Terms

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ACP Energy (FRA:DU5) Business Description

Traded in Other Exchanges
N/A
Address
21 High Street, Lutterworth, GBR, LE17 4AT
ACP Energy PLC was formed to acquire one or more target companies or businesses. The resulting investment may be in a company, partnership, special purpose vehicle or joint venture. It will focus on opportunities within the upstream oil and gas industry, such as exploration, appraisal, development or production of oil and gas, particularly projects with identified oil and/or natural gas reserves and/or resources.

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