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Ballard Power Systems (TSX:BLDP) Accounts Receivable : C$29.82 Mil (As of Mar. 2025)


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What is Ballard Power Systems Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Ballard Power Systems's accounts receivables for the quarter that ended in Mar. 2025 was C$29.82 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Ballard Power Systems's Days Sales Outstanding for the quarter that ended in Mar. 2025 was 123.18.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Ballard Power Systems's Net-Net Working Capital per share for the quarter that ended in Mar. 2025 was C$2.51.


Ballard Power Systems Accounts Receivable Historical Data

The historical data trend for Ballard Power Systems'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.

Ballard Power Systems Accounts Receivable Chart

Ballard Power Systems Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 37.47 24.86 35.07 50.30 34.45

Ballard Power Systems Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 30.15 27.75 27.24 34.45 29.82

Ballard Power Systems Accounts Receivable Calculation

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


Ballard Power Systems 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.

Ballard Power Systems's Days Sales Outstanding for the quarter that ended in Mar. 2025 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=29.822/22.092*91
=123.18

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

Ballard Power Systems's Net-Net Working Capital Per Share for the quarter that ended in Mar. 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)
=(830.928+0.75 * 29.822+0.5 * 93.482-147.564
-0-0)/299.833
=2.51

* 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.


Ballard Power Systems Accounts Receivable Related Terms

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Ballard Power Systems Business Description

Address
9000 Glenlyon Parkway, Legal Department, Burnaby, BC, CAN, V5J 5J8
Ballard Power Systems Inc is engaged in design, development, manufacture, sale and service of proton exchange membrane ("PEM") fuel cell products for a variety of applications, focusing on power products for bus, truck, rail, marine, stationary and emerging market (material handling, off-road and other) applications, as well as the delivery of services, including technology solutions, after sales services and training. A fuel cell is an environmentally clean electrochemical device that combines hydrogen fuel with oxygen (from the air) to produce electricity. Key geographical revenue is derived from Poland followed by United States, United Kingdom, and other countries.
Executives
Sarbjot Sidhu Senior Officer
Kevin Michael Colbow Senior Officer
Robert Randall Macewen Senior Officer
Jacqueline Adrienne Dedo Director
David Mucciacciaro Senior Officer
Mark Edward Biznek Senior Officer
Paul Michael Dobson Senior Officer
Jay Francis Murray Senior Officer
Anthony Robert Guglielmin Senior Officer
Jan Louise Laishley Senior Officer
Kerry Brent Hillier Senior Officer
Ian Douglas Sutcliffe Director
Robert William Campbell Senior Officer
David Martin Whyte Senior Officer