Idacorp (FRA:IDJ) Accounts Receivable : €107 Mil (As of Mar. 2024)

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What is Idacorp Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Idacorp's accounts receivables for the quarter that ended in Mar. 2024 was €107 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Idacorp's Days Sales Outstanding for the quarter that ended in Mar. 2024 was 23.58.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Idacorp's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was €-92.51.

Idacorp Accounts Receivable Historical Data

The historical data trend for Idacorp'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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Idacorp Accounts Receivable Chart

Idacorp Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Receivable

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65.41

59.86

69.76

107.78

98.35

Idacorp Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Accounts Receivable	Get a 7-Day Free Trial															94.41	104.05	126.52	98.35	106.75

Idacorp Accounts Receivable Calculation

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

Idacorp 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.

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

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	106.75	/	413.021	*	91
=	23.58

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

Idacorp'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)
=	(144.976	+	0.75 * 106.75	+	0.5 * 165.852	-	4990.997
-	0	-	6.687)	/	50.6942
=	-92.51

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.

Idacorp Accounts Receivable Related Terms

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Idacorp (FRA:IDJ) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Idacorp Inc (FRA:IDJ) » Definitions » Accounts Receivable

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Traded in Other Exchanges

IDA:USA

Address

1221 West Idaho Street, Boise, ID, USA, 83702-5627

Website

https://www.idacorpinc.com

Idacorp Inc is a holding company that, through its subsidiaries, acts as an electric utility engaged in the generation, transmission, distribution, sale, and purchase of electric energy and capacity. To do this, Idacorp owns and operates a portfolio of hydroelectric, coal-fired, gas-fired, and diesel-fired power plants located across the Northwestern United States. The company's hydroelectric and coal-fired plants are responsible for Majority of its total energy production. Idacorp mainly generates revenue from the sale of electricity to retail and wholesale customers. The Majority of the company's customers are residential consumers living in the Northwestern United States, while commercial and industrial consumers also represent important revenue streams.

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