Magadanenergo PJSC (MIC:MAGE) Accounts Receivable: ₽1,906 Mil (As of Jun. 2023)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

MIC:MAGE Magadanenergo PJSC MIC:MAGE
17 GF Score
Price ₽1.99
View Full Analysis

What is Magadanenergo PJSC Accounts Receivable?

Magadanenergo PJSC MIC:MAGE -1.49% 17 Accounts Receivable is ₽1,906 Mil as of Jun. 2023. GuruFocus rates MIC:MAGE 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. Magadanenergo PJSC's accounts receivables for the quarter that ended in Jun. 2023 was ₽1,906 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Magadanenergo PJSC's Days Sales Outstanding for the quarter that ended in Jun. 2023 was 53.79.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Magadanenergo PJSC's Net-Net Working Capital per share for the quarter that ended in Jun. 2023 was ₽-21.51.


Magadanenergo 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.

Magadanenergo 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
=1906/6467*91
=53.79

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

Magadanenergo 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)
=(279+0.75 * 1906+0.5 * 2423-16044
-0-0)/610.000
=-21.51

* 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.


Magadanenergo PJSC Accounts Receivable Related Terms


Magadanenergo PJSC Accounts Receivable Historical Data

* Premium members only.

The historical data trend for Magadanenergo 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.

Magadanenergo PJSC Accounts Receivable Chart

Magadanenergo 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 2,502.00 1,323.00 1,374.00 1,633.00 1,888.00

Magadanenergo 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 1,816.00 1,633.00 1,903.00 1,888.00 1,906.00
MIC:MAGE
17GF Score
Magadanenergo PJSC MIC:MAGE
Accounts Receivable is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Magadanenergo 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 ₽1,906 Mil mean?
Magadanenergo PJSC (MIC:MAGE) has a Accounts Receivable of ₽1,906 Mil as of Jun. 2023. Accounts receivable is the amount a company expects to receive from credit-extending customers. View historical data on Magadanenergo PJSC and its competitors.
Is Magadanenergo PJSC's Accounts Receivable too high?
Magadanenergo PJSC's current Accounts Receivable is ₽1,906 Mil. Overall, Magadanenergo PJSC has a GF Score™ of 17/100, reflecting its overall financial health beyond just this single metric.
How does Magadanenergo PJSC's Accounts Receivable compare to NEE and SO?
Magadanenergo PJSC's Accounts Receivable of ₽1,906 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 Magadanenergo PJSC and its competitors. Magadanenergo PJSC's current Accounts Receivable is ₽1,906 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Magadanenergo PJSC stock overvalued right now?
Magadanenergo PJSC (MIC:MAGE) has a current Accounts Receivable of ₽1,906 Mil. The current Accounts Receivable is ₽1,906 Mil. Magadanenergo 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 Magadanenergo PJSC (MIC:MAGE), the current Accounts Receivable is ₽1,906 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.

Magadanenergo PJSC Business Description

Address 24 Sovetskaya Street, Magadan, RUS, 685017
Magadanenergo PJSC is a Russia-based company engaged in the production of electricity and heat, it's transmission and marketing to end-users, and carries out repair and commissioning work at power facilities.
17GF Score

Get the complete analysis for MIC:MAGE

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

₽1.99
Price