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The AES (The AES) Accounts Receivable : $1,420 Mil (As of Dec. 2023)


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What is The AES Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. The AES's accounts receivables for the quarter that ended in Dec. 2023 was $1,420 Mil.

Accounts receivable can be measured by Days Sales Outstanding. The AES's Days Sales Outstanding for the quarter that ended in Dec. 2023 was 43.66.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. The AES's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was $-59.59.


The AES Accounts Receivable Historical Data

The historical data trend for The AES'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.

The AES Accounts Receivable Chart

The AES Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,479.00 1,300.00 1,418.00 1,799.00 1,420.00

The AES Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 1,799.00 1,859.00 1,710.00 1,725.00 1,420.00

The AES Accounts Receivable Calculation

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


The AES 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.

The AES's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=1420/2968*91
=43.66

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

The AES's Net-Net Working Capital Per Share for the quarter that ended in Dec. 2023 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)
=(1821+0.75 * 1420+0.5 * 712-38814
-838-3497)/669.693
=-59.59

* 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.


The AES Accounts Receivable Related Terms

Thank you for viewing the detailed overview of The AES's Accounts Receivable provided by GuruFocus.com. Please click on the following links to see related term pages.


The AES (The AES) Business Description

Traded in Other Exchanges
Address
4300 Wilson Boulevard, 11th Floor, Arlington, VA, USA, 22203
AES is a global power company. Its current generation portfolio as of year-end 2022 consists of over 32 gigawatts of generation including renewable energy (46%), gas (32%), coal (20%), and oil (2%). AES has majority ownership and operates six electric utilities distributing power to 2.6 million customers.
Executives
Tish Mendoza officer: Sr. VP & Chief HR Officer 4300 WILSON BOULEVARD, ARLINGTON VA 22203
Ricardo Manuel Falu officer: SVP & Chief Operating Officer 4300 WILSON BLVD, ARLINGTON VA 22203
Juan Ignacio Rubiolo officer: VP, MCAC SBU President 4300 WILSON BLVD., ARLINGTON VA 22203
Paul L Freedman officer: SVP and General Counsel 4300 WILSON BLVD, ARLINGTON VA 22203
Santos Bernerd Da officer: Sr. VP and COO 4300 WILSON BOULEVARD, ARLINGTON VA 22203
Andres Gluski officer: Executive VP & COO 4300 WILSON BOULEVARD, ARLINGTON VA 22203
Stephen Coughlin officer: EVP and CFO 4300 WILSON BLVD., 11TH FLOOR, ARLINGTON VA 22203
Alain Monie director WORLDWIDE LEGAL DEPT 1600 E ST, SANTA ANA CA 92705
Julia M. Laulis director 210 E. EARLL DRIVE, PHOENIX AZ 85012
Maura Shaughnessy director 4300 WILSON BLVD., ARLINGTON VA 22203
Gerard M Anderson director ONE ENERGY PLAZA, LEGAL DEPARTMENT, DETROIT MI 48226
James H Miller director C/O CROWN HOLDINGS, INC., 770 TOWNSHIP LINE ROAD, YARDLEY PA 19067
Teresa Mosley Sebastian director 1000 DARDEN CENTER DRIVE, ORLANDO FL 32837
Jeffrey W Ubben director, other: See Remarks 1170 GORGAS AVENUE, SAN FRANCISCO CA 94129
Tarun Khanna director 4300 WILSON BOULEVARD, ARLINGTON VA 22203

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