Hi-Crush (FRA:HCU) Accounts Receivable: €20.3 Mil (As of Jun. 2020)

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What is Hi-Crush Accounts Receivable?

Hi-Crush FRA:HCU Accounts Receivable is €20.3 Mil as of Jun. 2020. The stock has 3 warning signs investors should review.

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Hi-Crush's accounts receivables for the quarter that ended in Jun. 2020 was €20.3 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Hi-Crush's Days Sales Outstanding for the quarter that ended in Jun. 2020 was 38.57.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Hi-Crush's Net-Net Working Capital per share for the quarter that ended in Jun. 2020 was €-5.19.

Hi-Crush 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.

Hi-Crush's Days Sales Outstanding for the quarter that ended in Jun. 2020 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=20.27/47.956*91
=38.57

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

Hi-Crush's Net-Net Working Capital Per Share for the quarter that ended in Jun. 2020 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)
=(19.277+0.75 * 20.27+0.5 * 24.963-569.687
-0-0)/100.630
=-5.19

* 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.

Hi-Crush Accounts Receivable Related Terms

Hi-Crush Accounts Receivable Historical Data

* Premium members only.

The historical data trend for Hi-Crush'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.

Hi-Crush Accounts Receivable Chart

Hi-Crush Annual Data
Trend Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 38.08 50.09 117.87 88.80 64.64

Hi-Crush Quarterly Data
Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20
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 105.69 86.37 64.64 65.88 20.27

Hi-Crush Accounts Receivable Calculation

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

Frequently Asked Questions Learn more about Accounts Receivable →
What does a Accounts Receivable of €20.3 Mil mean?
Hi-Crush (FRA:HCU) has a Accounts Receivable of €20.3 Mil as of Jun. 2020. Accounts receivable is the amount a company expects to receive from credit-extending customers. View historical data on Hi-Crush and its competitors.
Is Hi-Crush's Accounts Receivable too high?
Hi-Crush's current Accounts Receivable is €20.3 Mil.
How does Hi-Crush's Accounts Receivable compare to NCSM and QES?
Hi-Crush's Accounts Receivable of €20.3 Mil can be compared against companies in the Oil & Gas industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Accounts Receivable for an Oil & Gas company?
A good Accounts Receivable depends on the Oil & Gas industry context. However, Accounts Receivable should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Accounts Receivable mean?
A high Accounts Receivable can signal that a stock is expensive relative to its fundamentals. Accounts receivable is the amount a company expects to receive from credit-extending customers. View historical data on Hi-Crush and its competitors. Hi-Crush's current Accounts Receivable is €20.3 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hi-Crush stock overvalued right now?
Based on GuruFocus' analysis, Hi-Crush (FRA:HCU) is currently considered Possible Value Trap. The current Accounts Receivable is €20.3 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Accounts Receivable calculated?
Accounts Receivable is calculated from a company's financial statements. For Hi-Crush (FRA:HCU), the current Accounts Receivable is €20.3 Mil as of Jun. 2020. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Hi-Crush Business Description

Industry EnergyOil & Gas
Address 1330 Post Oak Boulevard, Suite 600, Houston, TX, USA, 77056
Hi-Crush is one of the leading suppliers of sand used in the hydraulic fracturing of oil and gas wells. It produces Northern White sand from four mines in Wisconsin and one mine in West Texas. The company delivers sand in most major basins via its extensive logistics network.