GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Triple Point Energy Transition PLC (LSE:TENT) » Definitions » Accounts Receivable

Triple Point Energy Transition (LSE:TENT) Accounts Receivable : £0.00 Mil (As of Sep. 2023)


View and export this data going back to 1990. Start your Free Trial

What is Triple Point Energy Transition Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Triple Point Energy Transition's accounts receivables for the quarter that ended in Sep. 2023 was £0.00 Mil.

Accounts receivable can be measured by Days Sales Outstanding.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Triple Point Energy Transition's Net-Net Working Capital per share for the quarter that ended in Sep. 2023 was £0.02.


Triple Point Energy Transition Accounts Receivable Historical Data

The historical data trend for Triple Point Energy Transition'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.

Triple Point Energy Transition Accounts Receivable Chart

Triple Point Energy Transition Annual Data
Trend Mar21 Mar22 Mar23
Accounts Receivable
- - -

Triple Point Energy Transition Semi-Annual Data
Sep21 Mar22 Sep22 Mar23 Sep23
Accounts Receivable - - - - -

Triple Point Energy Transition Accounts Receivable Calculation

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


Triple Point Energy Transition 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.

Triple Point Energy Transition's Days Sales Outstanding for the quarter that ended in Sep. 2023 is calculated as:

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

Triple Point Energy Transition's Net-Net Working Capital Per Share for the quarter that ended in Sep. 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)
=(2.359+0.75 * 0+0.5 * 0-0.547
-0-0)/100.014
=0.02

* 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.


Triple Point Energy Transition Accounts Receivable Related Terms

Thank you for viewing the detailed overview of Triple Point Energy Transition's Accounts Receivable provided by GuruFocus.com. Please click on the following links to see related term pages.


Triple Point Energy Transition (LSE:TENT) Business Description

Traded in Other Exchanges
N/A
Address
1 King William Street, London, GBR, EC4N 7AF
Triple Point Energy Transition PLC is an investment company. The company invests in energy efficiency projects. The investment objective is to generate a total return for investors comprising sustainable and growing income and capital growth, to be achieved through investing in a diversified portfolio of Energy Efficiency Projects.

Triple Point Energy Transition (LSE:TENT) Headlines

No Headlines