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Pepco Holdings (Pepco Holdings) Accounts Receivable : $839 Mil (As of Dec. 2015)


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What is Pepco Holdings Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Pepco Holdings's accounts receivables for the quarter that ended in Dec. 2015 was $839 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Pepco Holdings's Days Sales Outstanding for the quarter that ended in Dec. 2015 was 66.57.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Pepco Holdings's Net-Net Working Capital per share for the quarter that ended in Dec. 2015 was $-44.00.


Pepco Holdings Accounts Receivable Historical Data

The historical data trend for Pepco Holdings'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.

Pepco Holdings Accounts Receivable Chart

Pepco Holdings Annual Data
Trend Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 929.00 804.00 835.00 782.00 839.00

Pepco Holdings Quarterly Data
Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15
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 782.00 978.00 956.00 947.00 839.00

Pepco Holdings Accounts Receivable Calculation

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


Pepco Holdings 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.

Pepco Holdings's Days Sales Outstanding for the quarter that ended in Dec. 2015 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=839/1150*91
=66.57

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

Pepco Holdings's Net-Net Working Capital Per Share for the quarter that ended in Dec. 2015 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)
=(25+0.75 * 839+0.5 * 141-11913
-0-0)/254.289
=-44.00

* 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.


Pepco Holdings Accounts Receivable Related Terms

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Pepco Holdings (Pepco Holdings) Business Description

Traded in Other Exchanges
N/A
Address
Pepco Holdings Inc was incorporated in Delaware in 2001, for the purpose of effecting the acquisition of Conectiv by Potomac Electric Power Company. Pepco Holdings, Inc. is a public utility holding Company that, through its operating subsidiaries, is engaged in two principal business operations: electricity and natural gas delivery, and competitive energy generation, marketing and supply. Pepco is engaged in the transmission and distribution of electricity in Washington, D.C. and portions of Prince George's and Montgomery Counties in suburban Maryland. Pepco was incorporated in Washington, D.C. in 1896 and became a domestic Virginia corporation in 1949. PHI, through its subsidiaries, is subject to regulation by various federal, regional, state, and local authorities with respect to the environmental effects of its operations, including air and water quality control, solid and hazardous waste disposal, and limitations on land use. Pepco Energy Services sells retail electricity and natural gas and provides integrated energy management services in the mid-Atlantic region, and its subsidiaries own and operate generation plants located in PJM. Pepco Energy Services also provides high voltage construction and maintenance services to utilities and other customers throughout the United States and low voltage electric and telecommunication construction and maintenance services in the Washington, D.C. area. PHI's business is to remain a regional diversified energy delivery utility and competitive energy services Company focused on value creation and operational excellence.
Executives
Laura L. Monica officer: VICE PRESIDENT 1025 LAUREL OAK ROAD, VOORHEES NJ 08043
Joseph M Rigby director, officer: CHAIRMAN, PRESIDENT AND CEO SOUTH JERSEY INDUSTRIES, 1 SOUTH JERSEY PLAZA, FOLSOM NJ 08037
Terence C Golden director BAILEY CAPITAL CORPORATION, SUITE 601, 1156 - 15TH STREET, NW, WASHINGTON DC 20005
David M Velazquez officer: EXECUTIVE VICE PRESIDENT CONECTIV ENERGY, 500 N WAKEFIELD DRIVE, NEWARK DE 19702
Lawrence C Nussdorf director CLARK ENTERPRISES, INC., 7500 OLD GEORGETOWN RD., 15TH FLOOR, BETHESDA MD 20814-6195
Dunn Jack B Iv director 500 EAST PRATT STREET, C/O FTI CONSULTING, INC., BALTIMORE MD 21202
Patricia A. Oelrich director 62 ETTL CIRCLE, PRINCETON NJ 08540
Paul M Barbas director C/O DPL INC., 1065 WOODMAN DRIVE, DAYTON OH 45432
Patrick T Harker director C/O GOLDMAN SACHS HEDGE FUND STRATEGIES, 32 OLD SLIP, 9TH FLOOR, NEW YORK NY 10005
Frank K Ross director 1115 30TH STREET NW, WASHINGTON DC 07002
George F Maccormack director PEPCO HOLDINGS, INC., 701 NINTH STREET, NW, SUITE 1300, WASHINGTON DC 20068
Dennis R Wraase director, officer: Chairman of the Board C/O NORTHEAST UTILITIES, 300 CADWELL DRIVE, SPRINGFIELD MA 01104
Paul H Barry officer: Sr. VP & CFO 701 NINTH STREET NW, WASHINGTON DC 20068
Thomas S Shaw officer: Exec. VP & COO C/O CONECTIV, 800 KING ST PO BOX 231, WILMINGTON DE 19899
Cronin Edmund B Jr director WRIT, SUITE 800, 6110 EXECUTIVE BOULEVARD, ROCKVILLE MD 20852