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Ferrellgas Partners LP (Ferrellgas Partners LP) Accounts Receivable : $231 Mil (As of Jan. 2024)


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What is Ferrellgas Partners LP Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Ferrellgas Partners LP's accounts receivables for the quarter that ended in Jan. 2024 was $231 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Ferrellgas Partners LP's Days Sales Outstanding for the quarter that ended in Jan. 2024 was 34.56.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Ferrellgas Partners LP's Net-Net Working Capital per share for the quarter that ended in Jan. 2024 was $-342.22.


Ferrellgas Partners LP Accounts Receivable Historical Data

The historical data trend for Ferrellgas Partners LP'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.

Ferrellgas Partners LP Accounts Receivable Chart

Ferrellgas Partners LP Annual Data
Trend Jul14 Jul15 Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 107.36 102.91 135.18 154.57 163.54

Ferrellgas Partners LP Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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 237.82 203.23 163.54 154.65 230.97

Ferrellgas Partners LP Accounts Receivable Calculation

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


Ferrellgas Partners LP 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.

Ferrellgas Partners LP's Days Sales Outstanding for the quarter that ended in Jan. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=230.967/609.877*91
=34.56

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

Ferrellgas Partners LP's Net-Net Working Capital Per Share for the quarter that ended in Jan. 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)
=(128.365+0.75 * 230.967+0.5 * 100.253-2465.607
-0--6.646)/6.1576
=-342.22

* 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.


Ferrellgas Partners LP Accounts Receivable Related Terms

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Ferrellgas Partners LP (Ferrellgas Partners LP) Business Description

Traded in Other Exchanges
Address
One Liberty Plaza, Liberty, MO, USA, 64068
Ferrellgas Partners LP operates as a propane distributor. Its operations primarily include the distribution and sale of propane and related equipment and supplies within the Midwest, Southeast, Southwest, and Northwest regions of the United States. The firm caters to residential, industrial, commercial, portable tank exchange, agricultural, wholesale and other, customers. Ferrellgas earns revenue primarily through the distribution of propane, as well as through the sale of propane related equipment and supplies.
Executives
Allen G Jones officer: VP Legal & General Counsel C/O FERRELLGAS, INC., ONE LIBERTY PLAZA, LIBERTY MO 64068
Joe Eby director 13795 S. MUR-LEN RD, STE. 301, OLATHE MO 66062
Michael E Cole officer: Chief Financial Officer C/O FERRELLGAS, INC., ONE LIBERTY PLAZA, LIBERTY MO 64068
Dhiraj Cherian officer: Chief Financial Officer C/O FERRELLGAS, INC., ONE LIBERTY PLAZA, LIBERTY MO 64068
Edward Newberry director C/O FERRELLGAS, INC., ONE LIBERTY PLAZA, LIBERTY MO 64068
Ares Management Holdings L.p. director 2000 AVENUE OF THE STARS, 12TH FL, LOS ANGELES CA 90067
Craig Snyder director 2000 AVENUE OF THE STARS, 12TH FLOOR, LOS ANGELES CA 90067
Ares Management Corp director 2000 AVE OF THE STARS, 12TH FLOOR, LOS ANGELES CA 90067
Carney Hawks director C/O EXTRACTION OIL & GAS, 370 17TH STREET, SUITE 5300, DENVER CO 80202
Ares Management Llc director 2000 AVENUE OF THE STARS, 12TH FLOOR, LOS ANGELES CA 90067
Ares Voting Llc director C/O ARES MGMT, 2000 AVE OF THE STARS, 12TH FLOOR, LOS ANGELES CA 90067
Ares Holdco Llc director 2000 AVENUE OF THE STARS, 12TH FLOOR, LOS ANGELES CA 90067
Ares Management Gp Llc director 2000 AVENUE OF THE STARS, 12TH FLOOR, LOS ANGELES CA 90067
Ares Partners Holdco Llc director 2000 AVENUE OF THE STARS, 12TH FLOOR, LOS ANGELES CA 90067
Brian Herrmann officer: Interim CFO ONE LIBERTY PLAZA, LIBERTY MO 64068