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Luz Del SurA (LIM:LUSURC1) Accounts Receivable : S/.491 Mil (As of Dec. 2023)


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What is Luz Del SurA Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Luz Del SurA's accounts receivables for the quarter that ended in Dec. 2023 was S/.491 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Luz Del SurA's Days Sales Outstanding for the quarter that ended in Dec. 2023 was 19.97.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Luz Del SurA's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was S/.-8.71.


Luz Del SurA Accounts Receivable Historical Data

The historical data trend for Luz Del SurA'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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Luz Del SurA Accounts Receivable Chart

Luz Del SurA 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 397.60 425.62 395.53 505.71 490.78

Luz Del SurA Semi-Annual Data
Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
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 397.60 425.62 395.53 505.71 490.78

Luz Del SurA Accounts Receivable Calculation

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


Luz Del SurA 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.

Luz Del SurA's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=490.778/4484.456*91
=19.97

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

Luz Del SurA's Net-Net Working Capital Per Share for the quarter that ended in Dec. 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)
=(319.387+0.75 * 490.778+0.5 * 31.433-4946.825
-0-0)/486.951
=-8.71

* 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.


Luz Del SurA Accounts Receivable Related Terms

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Luz Del SurA Business Description

Traded in Other Exchanges
N/A
Address
Av Canaval y Moreyra 380, Piso 17, San Isidro, Lima, PER
Luz Del Sur SAA is a Peru-based electric power distribution company which provides service to approximately 900 thousand clients. The company also provides other services such as maintenance of internal installations and electrical networks, as well as energy diagnoses. It also focuses on expansion and improvement of the electrical grid, construction of transmission and distribution substations, and purchase of machinery and equipment.

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