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Southwest Iowa Renewable Energy LLC (Southwest Iowa Renewable Energy LLC) Accounts Receivable : $19.79 Mil (As of Mar. 2023)


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What is Southwest Iowa Renewable Energy LLC Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Southwest Iowa Renewable Energy LLC's accounts receivables for the quarter that ended in Mar. 2023 was $19.79 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Southwest Iowa Renewable Energy LLC's Days Sales Outstanding for the quarter that ended in Mar. 2023 was 18.76.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Southwest Iowa Renewable Energy LLC's Net-Net Working Capital per share for the quarter that ended in Mar. 2023 was $N/A.


Southwest Iowa Renewable Energy LLC Accounts Receivable Historical Data

The historical data trend for Southwest Iowa Renewable Energy LLC'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.

Southwest Iowa Renewable Energy LLC Accounts Receivable Chart

Southwest Iowa Renewable Energy LLC Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only 12.67 9.32 8.49 12.77 13.98

Southwest Iowa Renewable Energy LLC Quarterly Data
Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23
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 16.48 18.05 13.98 19.77 19.79

Southwest Iowa Renewable Energy LLC Accounts Receivable Calculation

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


Southwest Iowa Renewable Energy LLC 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.

Southwest Iowa Renewable Energy LLC's Days Sales Outstanding for the quarter that ended in Mar. 2023 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=19.793/96.298*91
=18.76

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

Southwest Iowa Renewable Energy LLC's Net-Net Working Capital Per Share for the quarter that ended in Mar. 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)
=(0.092+0.75 * 19.793+0.5 * 37.875-67.077
-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.


Southwest Iowa Renewable Energy LLC Accounts Receivable Related Terms

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Southwest Iowa Renewable Energy LLC (Southwest Iowa Renewable Energy LLC) Business Description

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Traded in Other Exchanges
N/A
Address
10868 189th Street, Council Bluffs, IA, USA, 51503
Southwest Iowa Renewable Energy LLC is into manufacturing and selling ethanol, distillers grains, corn oil, and carbon dioxide in the continental United States. It also sells dried distillers grains with solubles in the continental United States, Mexico, and the Pacific Rim. Its products are marketed and distributed through professional third-party marketers.

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