Far-Eastern Energy Co PJSC (MIC:DVEC) Accounts Receivable: ₽8,361 Mil (As of Jun. 2023)

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MIC:DVEC Far-Eastern Energy Co PJSC MIC:DVEC
17 GF Score
Price ₽1.35
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What is Far-Eastern Energy Co PJSC Accounts Receivable?

Far-Eastern Energy Co PJSC MIC:DVEC -2.10% 17 Accounts Receivable is ₽8,361 Mil as of Jun. 2023. GuruFocus rates MIC:DVEC with a GF Score™ of 17/100.

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Far-Eastern Energy Co PJSC's accounts receivables for the quarter that ended in Jun. 2023 was ₽8,361 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Far-Eastern Energy Co PJSC's Days Sales Outstanding for the quarter that ended in Jun. 2023 was 18.11.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Far-Eastern Energy Co PJSC's Net-Net Working Capital per share for the quarter that ended in Jun. 2023 was ₽-1.98.


Far-Eastern Energy Co PJSC 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.

Far-Eastern Energy Co PJSC's Days Sales Outstanding for the quarter that ended in Jun. 2023 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=8361/84270*91
=18.11

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

Far-Eastern Energy Co PJSC's Net-Net Working Capital Per Share for the quarter that ended in Jun. 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)
=(3041+0.75 * 8361+0.5 * 1425-44109
-0-0)/17206.711
=-1.98

* 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.


Far-Eastern Energy Co PJSC Accounts Receivable Related Terms


Far-Eastern Energy Co PJSC Accounts Receivable Historical Data

* Premium members only.

The historical data trend for Far-Eastern Energy Co PJSC'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.

Far-Eastern Energy Co PJSC Accounts Receivable Chart

Far-Eastern Energy Co PJSC Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 12,422.00 12,386.00 7,836.00 8,454.00 9,026.00

Far-Eastern Energy Co PJSC Semi-Annual Data
Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23
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 6,484.00 8,454.00 6,835.00 9,026.00 8,361.00
MIC:DVEC
17GF Score
Far-Eastern Energy Co PJSC MIC:DVEC
Accounts Receivable is just one metric. See GF Score™, valuation, warning signs, and more.
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Far-Eastern Energy Co PJSC 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 ₽8,361 Mil mean?
Far-Eastern Energy Co PJSC (MIC:DVEC) has a Accounts Receivable of ₽8,361 Mil as of Jun. 2023. Accounts receivable is the amount a company expects to receive from credit-extending customers. View historical data on Far-Eastern Energy Co PJSC and its competitors.
Is Far-Eastern Energy Co PJSC's Accounts Receivable too high?
Far-Eastern Energy Co PJSC's current Accounts Receivable is ₽8,361 Mil. Overall, Far-Eastern Energy Co PJSC has a GF Score™ of 17/100, reflecting its overall financial health beyond just this single metric.
How does Far-Eastern Energy Co PJSC's Accounts Receivable compare to NEE and SO?
Far-Eastern Energy Co PJSC's Accounts Receivable of ₽8,361 Mil can be compared against companies in the Utilities - Regulated 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 Utilities - Regulated company?
A good Accounts Receivable depends on the Utilities - Regulated 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 Far-Eastern Energy Co PJSC and its competitors. Far-Eastern Energy Co PJSC's current Accounts Receivable is ₽8,361 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Far-Eastern Energy Co PJSC stock overvalued right now?
Far-Eastern Energy Co PJSC (MIC:DVEC) has a current Accounts Receivable of ₽8,361 Mil. The current Accounts Receivable is ₽8,361 Mil. Far-Eastern Energy Co PJSC's overall GF Score™ is 17/100. 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 Far-Eastern Energy Co PJSC (MIC:DVEC), the current Accounts Receivable is ₽8,361 Mil as of Jun. 2023. 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.

Far-Eastern Energy Co PJSC Business Description

Address ul. Tigrovaya, 19, Primorsky Territory, Vladivostok, RUS, 690091
Far-Eastern Energy Co PJSC formerly Far East Energy Co PJSC supplies electricity to households and businesses.
17GF Score

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Accounts Receivable is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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