GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Electra Power (2019) Ltd (XTAE:ELCP) » Definitions » Accounts Receivable

Electra Power (2019) (XTAE:ELCP) Accounts Receivable : ₪263.1 Mil (As of Dec. 2024)


View and export this data going back to 2020. Start your Free Trial

What is Electra Power (2019) Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Electra Power (2019)'s accounts receivables for the quarter that ended in Dec. 2024 was ₪263.1 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Electra Power (2019)'s Days Sales Outstanding for the quarter that ended in Dec. 2024 was 106.04.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Electra Power (2019)'s Net-Net Working Capital per share for the quarter that ended in Dec. 2024 was ₪-45.15.


Electra Power (2019) Accounts Receivable Historical Data

The historical data trend for Electra Power (2019)'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.

Electra Power (2019) Accounts Receivable Chart

Electra Power (2019) Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Accounts Receivable
Get a 7-Day Free Trial 149.13 199.22 210.32 212.26 263.14

Electra Power (2019) 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 212.26 265.19 292.12 280.10 263.14

Electra Power (2019) Accounts Receivable Calculation

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


Electra Power (2019) 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.

Electra Power (2019)'s Days Sales Outstanding for the quarter that ended in Dec. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=263.143/226.444*91
=106.04

2. In Ben Graham's calculation of Net-Net Working Capital (NNWC), Electra Power (2019)'s accounts receivable are only considered to be worth 75% of book value:

Electra Power (2019)'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)
=(24.232+0.75 * 263.143+0.5 * 38.717-1056.597
-0--7.891)/17.892
=-45.15

* 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.


Electra Power (2019) Accounts Receivable Related Terms

Thank you for viewing the detailed overview of Electra Power (2019)'s Accounts Receivable provided by GuruFocus.com. Please click on the following links to see related term pages.


Electra Power (2019) Business Description

Traded in Other Exchanges
N/A
Address
35 Yad Harutzim, Netanya, ISR
Electra Power (2019) Ltd is engaged in the supply of energy and electricity in Israel. The company offers energy solutions which include cooking gas, natural gas, solar energy, and charging stations for electric vehicles. Electra Power focuses on transferring power into the hands of the consumer and providing smart services and solutions.

Electra Power (2019) Headlines

No Headlines