OPAL Fuels (OPAL Fuels) Accounts Receivable : $22.8 Mil (As of Mar. 2024)

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What is OPAL Fuels Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. OPAL Fuels's accounts receivables for the quarter that ended in Mar. 2024 was $22.8 Mil.

Accounts receivable can be measured by Days Sales Outstanding. OPAL Fuels's Days Sales Outstanding for the quarter that ended in Mar. 2024 was 32.04.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. OPAL Fuels's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was $-37.91.

OPAL Fuels Accounts Receivable Historical Data

The historical data trend for OPAL Fuels'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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OPAL Fuels Accounts Receivable Chart

OPAL Fuels Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Receivable

22.00

25.39

31.08

27.62

OPAL Fuels Quarterly Data
	Dec19	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Accounts Receivable	Get a 7-Day Free Trial										29.98	26.82	31.00	27.62	22.81

OPAL Fuels Accounts Receivable Calculation

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

OPAL Fuels 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.

OPAL Fuels's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	22.805	/	64.952	*	91
=	32.04

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

OPAL Fuels's Net-Net Working Capital Per Share for the quarter that ended in Mar. 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)
=	(34.182	+	0.75 * 22.805	+	0.5 * 11.135	-	1132.162
-	0	-	0.724)	/	28.3865
=	-37.91

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.

OPAL Fuels Accounts Receivable Related Terms

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OPAL Fuels (OPAL Fuels) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » OPAL Fuels Inc (NAS:OPAL) » Definitions » Accounts Receivable

Comparable Companies

Traded in Other Exchanges

N/A

Address

One North Lexington Avenue, Suite 1450, White Plains, NY, USA, 10601

Website

https://www.opalfuels.com

OPAL Fuels Inc is a fully integrated, nationwide leader in the production and distribution of low-carbon intensity renewable natural gas. The company's vertical waste-to-energy model combines the upstream production and downstream marketing and distribution of RNG, delivering a scalable, low-cost solution to decarbonize heavy-duty transportation and other industrial markets.