Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Great Plains Energy's accounts receivables for the quarter that ended in Mar. 2018 was $175.00 Mil.
Accounts receivable can be measured by Days Sales Outstanding.
Great Plains Energy's Days Sales Outstanding for the quarter that ended in Mar. 2018 was 27.35.
In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Great Plains Energy's Net-Net Working Capital per share for the quarter that ended in Mar. 2018 was $N/A.
Great Plains Energy Accounts Receivable Historical Data
The historical data trend for Great Plains Energy'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.
Great Plains Energy Accounts Receivable Calculation
Accounts Receivable is money owed to a business by customers and shown on its Balance Sheet as an asset.
Great Plains Energy 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.
Great Plains Energy's Days Sales Outstanding for the quarter that ended in Mar. 2018 is calculated as:
2. In Ben Graham's calculation of Net-Net Working Capital (NNWC), Great Plains Energy's accounts receivable are only considered to be worth 75% of book value:
Great Plains Energy's Net-Net Working Capital Per Share for the quarter that ended in Mar. 2018 is calculated as:
* 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.
Great Plains Energy Accounts Receivable Related Terms
Thank you for viewing the detailed overview of Great Plains Energy's Accounts Receivable provided by GuruFocus.com. Please click on the following links to see related term pages.
Great Plains Energy (Great Plains Energy) Business Description
Great Plains Energy is the holding company of Kansas City Power & Light and Greater Missouri Operations. The two regulated utilities provide electric service to roughly 900,000 customers in the Kansas City area and nearby western Missouri and eastern Kansas. The company has about 6.5 gigawatts of generating capacity. More than 80% of its electricity generation is from coal-fired plants, approximately 15% comes from its co-owned Wolf Creek nuclear plant, and the remainder is from gas, oil, and wind farms.
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