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Pieridae Energy (TSX:PEA) Accounts Receivable : C$50.2 Mil (As of Dec. 2024)


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What is Pieridae Energy Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Pieridae Energy's accounts receivables for the quarter that ended in Dec. 2024 was C$50.2 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Pieridae Energy's Days Sales Outstanding for the quarter that ended in Dec. 2024 was 94.71.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Pieridae Energy's Net-Net Working Capital per share for the quarter that ended in Dec. 2024 was C$-1.36.


Pieridae Energy Accounts Receivable Historical Data

The historical data trend for Pieridae Energy'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.

Pieridae Energy Accounts Receivable Chart

Pieridae Energy 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 44.90 49.64 74.51 61.52 50.17

Pieridae Energy Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 61.52 50.67 45.16 38.22 50.17

Pieridae Energy Accounts Receivable Calculation

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


Pieridae Energy 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.

Pieridae Energy's Days Sales Outstanding for the quarter that ended in Dec. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=50.166/48.332*91
=94.71

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

Pieridae Energy's Net-Net Working Capital Per Share for the quarter that ended in Dec. 2024 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)
=(8.576+0.75 * 50.166+0.5 * 3.772-443.995
-0-0)/290.388
=-1.36

* 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.


Pieridae Energy Accounts Receivable Related Terms

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Pieridae Energy Business Description

Traded in Other Exchanges
Address
1718 Argyle Street, Suite 730, Halifax, NS, CAN, B3J 3N6
Pieridae Energy Ltd is a Canadian-owned corporation e is focused on developing and producing conventional raw natural gas and processing it into sales products that include natural gas liquids (NGLs) and sulphur. It is an upstream producer and midstream operator with core assets concentrated along the foothills of the Rocky Mountains. Its upstream segment is comprised of petroleum and natural gas production operations and properties. It also includes the company's upstream operations in Eastern Canada and corporate overhead activities associated with these operations.
Executives
Darcy Reding Senior Officer
Llc Electron Capital Partners 10% Security Holder
John Emery Senior Officer
Joseph Adam Gray Senior Officer
Patricia Mcleod Director
Paul Kunkel Senior Officer
Thomas Dawson Senior Officer
Douglas Ronald Dreisinger Director
Kiren Singh Director
John Raymond Richard Couillard Director
Thomas Dmitro Ciz Senior Officer
Robert Dargewitcz Senior Officer
Kjell Pedersen Director
Charle Gamba Director
Charles Boulanger Director

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