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Argan (LTS:0HHO) Accounts Receivable : $175.8 Mil (As of Jan. 2025)


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What is Argan Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Argan's accounts receivables for the quarter that ended in Jan. 2025 was $175.8 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Argan's Days Sales Outstanding for the quarter that ended in Jan. 2025 was 69.01.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Argan's Net-Net Working Capital per share for the quarter that ended in Jan. 2025 was $12.67.


Argan Accounts Receivable Historical Data

The historical data trend for Argan'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.

Argan Accounts Receivable Chart

Argan Annual Data
Trend Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24 Jan25
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 28.71 26.98 50.13 47.33 175.81

Argan Quarterly Data
Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25
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 47.33 59.96 95.32 131.66 175.81

Argan Accounts Receivable Calculation

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


Argan 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.

Argan's Days Sales Outstanding for the quarter that ended in Jan. 2025 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=175.808/232.474*91
=69.01

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

Argan's Net-Net Working Capital Per Share for the quarter that ended in Jan. 2025 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)
=(525.137+0.75 * 175.808+0.5 * 0.32-484.37
-0-0)/13.634
=12.67

* 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.


Argan Accounts Receivable Related Terms

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Argan Business Description

Traded in Other Exchanges
Address
4075 Wilson Boulevard, Suite 440, Arlington, VA, USA, 22203
Argan Inc is a United States-based construction firm that conducts operations through its wholly-owned subsidiaries, GPS, APC, TRC, and SMC. Through GPS and APC it provides a full range of engineering, procurement, construction, commissioning, maintenance, project development and technical consulting services to the power generation market, including the renewable energy sector, for a wide range of customers, including independent power project owners, public utilities, power plant heavy equipment suppliers and other commercial firms with power requirements in the U.S., Ireland and the U.K. It operates in three segments: Power Services, Industrial Services, and Telecom Services, out of which Power Services derives the majority of revenue.

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