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Just Energy Group (Just Energy Group) Accounts Receivable : $159 Mil (As of Sep. 2022)


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What is Just Energy Group Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Just Energy Group's accounts receivables for the quarter that ended in Sep. 2022 was $159 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Just Energy Group's Days Sales Outstanding for the quarter that ended in Sep. 2022 was 21.21.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Just Energy Group's Net-Net Working Capital per share for the quarter that ended in Sep. 2022 was $-23.74.


Just Energy Group Accounts Receivable Historical Data

The historical data trend for Just Energy Group'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.

Just Energy Group Accounts Receivable Chart

Just Energy Group Annual Data
Trend Mar13 Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 510.17 273.37 170.62 150.50 147.06

Just Energy Group Quarterly Data
Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22
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 150.92 123.75 147.06 147.71 159.22

Just Energy Group Accounts Receivable Calculation

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


Just Energy Group 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.

Just Energy Group's Days Sales Outstanding for the quarter that ended in Sep. 2022 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=159.224/684.968*91
=21.21

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

Just Energy Group's Net-Net Working Capital Per Share for the quarter that ended in Sep. 2022 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)
=(182.016+0.75 * 159.224+0.5 * 41.542-1463.707
-0--0.261)/48.0786
=-23.74

* 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.


Just Energy Group Accounts Receivable Related Terms

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Just Energy Group (Just Energy Group) Business Description

Traded in Other Exchanges
N/A
Address
100 King Street West, Suite 2630, First Canadian Place, Toronto, ON, CAN, M5X 1E1
Just Energy Group Inc is a retail energy provider specializing in electricity and natural gas commodities and bringing energy-efficient solutions and renewable energy options to customers. Geographically, the company is operating in the United States and Canada, Just Energy serves residential and commercial customers.

Just Energy Group (Just Energy Group) Headlines

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