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HAWLM.PFD (Hawaiian Electric Co) Accounts Receivable : $199.90 Mil (As of Dec. 2024)


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What is Hawaiian Electric Co Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Hawaiian Electric Co's accounts receivables for the quarter that ended in Dec. 2024 was $199.90 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Hawaiian Electric Co's Days Sales Outstanding for the quarter that ended in Dec. 2024 was 22.91.

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


Hawaiian Electric Co Accounts Receivable Historical Data

The historical data trend for Hawaiian 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.

* Premium members only.

Hawaiian Electric Co Accounts Receivable Chart

Hawaiian Electric Co Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 147.83 186.86 288.34 244.31 199.90

Hawaiian Electric Co Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 244.31 210.00 211.32 207.95 199.90

Hawaiian Electric Co Accounts Receivable Calculation

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


Hawaiian 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.

Hawaiian Electric Co's Days Sales Outstanding for the quarter that ended in Dec. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=199.898/796.174*91
=22.91

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

Hawaiian Electric Co's Net-Net Working Capital Per Share for the quarter that ended in Dec. 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)
=(184.148+0.75 * 199.898+0.5 * 217.369-6422.356
-34.293-0)/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.


Hawaiian Electric Co Accounts Receivable Related Terms

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Hawaiian Electric Co Business Description

Address
1099 Alakea Street, Suite 2200, Honolulu, HI, USA, 96813
Hawaiian Electric Co Inc operates in the electric utility division. The Company offers products and services, such as electric vehicles, save energy and money, business account services, customer renewable programs, demand response and maui solar water heating financing, producing, purchasing, distributing and selling of electricity on the islands of Oahu; Hawaii and Maui, Lanai and Molokai. It serves various suburban communities, resorts, U.S. Armed Forces installations, and agricultural operations.

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