TransAlta (TSX:TA) Accounts Receivable : C$570 Mil (As of Dec. 2024)

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What is TransAlta Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. TransAlta's accounts receivables for the quarter that ended in Dec. 2024 was C$570 Mil.

Accounts receivable can be measured by Days Sales Outstanding. TransAlta's Days Sales Outstanding for the quarter that ended in Dec. 2024 was 76.71.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. TransAlta's Net-Net Working Capital per share for the quarter that ended in Dec. 2024 was C$-26.43.

TransAlta Accounts Receivable Historical Data

The historical data trend for TransAlta'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.

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TransAlta Accounts Receivable Chart

TransAlta Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Accounts Receivable

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488.00

499.00

1,165.00

600.00

570.00

TransAlta 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															600.00	467.00	456.00	783.00	570.00

TransAlta Accounts Receivable Calculation

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

TransAlta 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.

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

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	570	/	678	*	91
=	76.71

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

TransAlta'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)
=	(337	+	0.75 * 570	+	0.5 * 134	-	7656
-	942	-	97)	/	297.500
=	-26.43

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.

TransAlta Accounts Receivable Related Terms

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TransAlta Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » TransAlta Corp (TSX:TA) » Definitions » Accounts Receivable

Comparable Companies

Traded in Other Exchanges

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Address

1100 1st Street SE, TransAlta Place, Suite 1400, Calgary, AB, CAN, T2G 1B1

Website

https://www.transalta.com

TransAlta Corp is an independent power producer based in Alberta, Canada. The company operates a diverse and growing fleet of electrical power generation assets in Canada, the United States, and Australia. The company has six reportable segments namely, hydro, wind & solar, Energy Marketing, gas, energy transition segment and Corporate Segment. The company generates the majority of its revenue from the gas segment.

Executives

Brookfield Corporation	10% Security Holder
John Harry Kousinioris	Director, Senior Officer
Jane Nyla Fedoretz	Senior Officer
Kerry Lynn O'reilly	Senior Officer
Blain Mitchell Van Melle	Senior Officer
Aron John Willis	Senior Officer
Todd John Stack	Senior Officer
Candace Joan Macgibbon	Director
Brent Vincent Ward	Senior Officer
Michael Jon Novelli	Senior Officer
Scott Thomas Jeffers	Senior Officer
Brett Gellner	Director or Senior Officer of Insider or Subsidiary (other than in 4,5,6)
Allen R. Hagerman	Director or Senior Officer of Insider or Subsidiary (other than in 4,5,6)
Dawn Lorraine Farrell	Director, Senior Officer
Kathryn Elizabeth Higgins	Senior Officer