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Parkland (TSX:PKI) Accounts Receivable : C$1,558 Mil (As of Mar. 2025)


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What is Parkland Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Parkland's accounts receivables for the quarter that ended in Mar. 2025 was C$1,558 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Parkland's Days Sales Outstanding for the quarter that ended in Mar. 2025 was 20.87.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Parkland's Net-Net Working Capital per share for the quarter that ended in Mar. 2025 was C$-49.00.


Parkland Accounts Receivable Historical Data

The historical data trend for Parkland'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.

Parkland Accounts Receivable Chart

Parkland 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 610.00 1,392.00 1,569.00 1,419.00 1,199.00

Parkland 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 1,697.00 1,672.00 1,505.00 1,199.00 1,558.00

Parkland Accounts Receivable Calculation

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


Parkland 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.

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

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=1558/6813*91
=20.87

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

Parkland'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)
=(362+0.75 * 1558+0.5 * 1470-10810
-0-0)/174.381
=-49.00

* 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.


Parkland Accounts Receivable Related Terms

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Parkland Business Description

Traded in Other Exchanges
Address
240 - 4th Avenue South west, Suite 1800, Calgary, AB, CAN, T2P 4H4
Parkland Corp is a fuel distributor, marketer, and convenience retailer, with operations in countries across the Americas. Parkland delivers refined fuels, propane, and other high-quality petroleum products to motorists, businesses, consumers, and wholesale customers across the Americas. The company's operating segments include: Canada, International, USA, Refining, and Corporate. It derives maximum revenue from Canada segment.
Executives
Chad Jason Graves Senior Officer
Michael Christian Jennings Director
Mariame Patricia Mcintosh Director
Darren Robert Smart Senior Officer
Nora Duke Director
James Allan Neate Director
Marcel Teunissen Senior Officer
Ian James White Senior Officer
Robert Berthold Espey Senior Officer
Pierre Patrick Gerard Magnan Senior Officer
Lisa Colnett Director
Ryan Curtis Krogmeier Senior Officer
James Pantelidis Director
John Frederick Bechtold Director
David Spencer Director

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