What is Rentech Nitrogen Partners LP Accounts Receivable?
Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Rentech Nitrogen Partners LP's accounts receivables for the quarter that ended in Dec. 2015 was $11.5 Mil.
Accounts receivable can be measured by Days Sales Outstanding.
Rentech Nitrogen Partners LP's Days Sales Outstanding for the quarter that ended in Dec. 2015 was 13.50.
In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Rentech Nitrogen Partners LP's Net-Net Working Capital per share for the quarter that ended in Dec. 2015 was $-9.42.
Rentech Nitrogen Partners LP Accounts Receivable Historical Data
* 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.
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.
Rentech Nitrogen Partners LP's Days Sales Outstanding for the quarter that ended in Dec. 2015 is calculated as:
2. In Ben Graham's calculation of Net-Net Working Capital (NNWC), Rentech Nitrogen Partners LP's accounts receivable are only considered to be worth 75% of book value:
Rentech Nitrogen Partners LP's Net-Net Working Capital Per Share for the quarter that ended in Dec. 2015 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.
Rentech Nitrogen Partners LP Accounts Receivable Related Terms
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Rentech Nitrogen Partners LP (Rentech Nitrogen Partners LP) Business Description
Rentech Nitrogen Partners LP is a Delaware limited partnership formed in July 2011. The Company is engaged in manufacturing of nitrogen fertilizer. The Company owns and operates two fertilizer facilities: East Dubuque Facility and Pasadena Facility. The East Dubuque Facility produces ammonia, UAN, liquid and granular urea, nitric acid and food-grade carbon dioxide, or CO2, using natural gas as its primary feedstock. Some of these products are final products sold to customers, and others, including ammonia, are both final products and feedstocks for other products, such as UAN, nitric acid, liquid urea and granular urea. The Pasadena Facility ceased production of diammonium phosphate and monoammonium phosphate. Its Pasadena Facility is the producer of synthetic ammonium sulfate and the third largest producer of ammonium sulfate in North America. The Pasadena Facility's products are applied to many types of crops including soybeans, potatoes, cotton, canola, alfalfa, corn and wheat. The Company is subject to a number of federal and state laws and regulations related to safety, including the federal Occupational Safety and Health Act, or OSHA, and comparable state statutes, the purpose of which are to protect the health and safety of workers.
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