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Port of Tauranga (NZSE:POT) Accounts Receivable : NZ$65.1 Mil (As of Dec. 2023)


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What is Port of Tauranga Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Port of Tauranga's accounts receivables for the quarter that ended in Dec. 2023 was NZ$65.1 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Port of Tauranga's Days Sales Outstanding for the quarter that ended in Dec. 2023 was 59.48.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Port of Tauranga's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was NZ$-0.95.


Port of Tauranga Accounts Receivable Historical Data

The historical data trend for Port of Tauranga'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.

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Port of Tauranga Accounts Receivable Chart

Port of Tauranga Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 52.29 44.38 58.24 54.55 63.14

Port of Tauranga Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 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 59.34 54.55 71.80 63.14 65.08

Port of Tauranga Accounts Receivable Calculation

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


Port of Tauranga 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.

Port of Tauranga's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=65.077/199.688*91
=59.48

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

Port of Tauranga'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)
=(20.366+0.75 * 65.077+0.5 * 1.829-714.599
-0-0)/680.267
=-0.95

* 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.


Port of Tauranga Accounts Receivable Related Terms

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Port of Tauranga (NZSE:POT) Business Description

Traded in Other Exchanges
Address
Salisbury Avenue, Private Bag 12504, Tauranga Mail Centre, Mount Maunganui, Tauranga, NTL, NZL, 3143
The Port of Tauranga Limited, situated in the Bay of Plenty on the east coast of New Zealand, is the country's largest port, handling both container and break bulk cargo. It is involved in export and import of cargo and runs a rail link through to Auckland. The biggest commodities traded through the port are logs and forestry, dairy, fertilizers, oil and coal. The firm's principal activities also include the leasing of land and buildings.

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