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Mississippi Power Co (Mississippi Power Co) Accounts Receivable : $37.00 Mil (As of Jun. 2018)


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What is Mississippi Power Co Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Mississippi Power Co's accounts receivables for the quarter that ended in Jun. 2018 was $37.00 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Mississippi Power Co's Days Sales Outstanding for the quarter that ended in Jun. 2018 was 11.37.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Mississippi Power Co's Net-Net Working Capital per share for the quarter that ended in Jun. 2018 was $N/A.


Mississippi Power Co Accounts Receivable Historical Data

The historical data trend for Mississippi Power 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.

Mississippi Power Co Accounts Receivable Chart

Mississippi Power Co Annual Data
Trend Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 40.98 43.00 26.00 29.00 36.00

Mississippi Power Co Quarterly Data
Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18
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 33.00 38.00 36.00 345.00 37.00

Mississippi Power Co Accounts Receivable Calculation

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


Mississippi Power 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.

Mississippi Power Co's Days Sales Outstanding for the quarter that ended in Jun. 2018 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=37/297*91
=11.37

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

Mississippi Power Co's Net-Net Working Capital Per Share for the quarter that ended in Jun. 2018 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)
=(228+0.75 * 37+0.5 * 69-3255
-0-0)/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.


Mississippi Power Co Accounts Receivable Related Terms

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Mississippi Power Co (Mississippi Power Co) Business Description

Traded in Other Exchanges
N/A
Address
Mississippi Power Co operates as a vertically integrated utility providing electricity to retail customers within its traditional service territory located within the State of Mississippi and to wholesale customers in the Southeast.
Executives
Anthony L Wilson officer: Executive Vice President 30 IVAN ALLEN JR. BLVD, ATLANTA GA 30308
G Edison Holland officer: President & CEO 270 PEACHTREE ST NW BIN 910, ATLANTA GA 30303
Iv Edward Day, officer: President and CEO 30 IVAN ALLEN JR. BLVD, ATLANTA GA 30308
Royce Cumbest director 3118 PASCAGOULA STREET, PASCAGOULA MS 39567
Carl J Chaney director 146 LAKE TRIAL, FLORA MS 39071
Christine L Smilek director P O BOX 4019, GULFPORT MS 39502
Hood Warren A Jr director 623 MAIN STREET, HATTIESBURG MS 39401
Anthony J Topazi director, officer: President and CEO P O BOX 4079, GULFPORT MS 395024079

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