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Transneft PJSC (MIC:TRNFP) Accounts Receivable : ₽41,009 Mil (As of Dec. 2023)


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What is Transneft PJSC Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Transneft PJSC's accounts receivables for the quarter that ended in Dec. 2023 was ₽41,009 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Transneft PJSC's Days Sales Outstanding for the quarter that ended in Dec. 2023 was 10.67.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Transneft PJSC's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was ₽-398.76.


Transneft PJSC Accounts Receivable Historical Data

The historical data trend for Transneft PJSC'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.

Transneft PJSC Accounts Receivable Chart

Transneft PJSC Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec22 Dec23
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 27,773.00 27,292.00 19,386.00 29,189.00 41,009.00

Transneft PJSC Quarterly Data
Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Jun22 Sep22 Dec22 Jun23 Sep23 Dec23
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 - 29,189.00 39,827.00 49,525.00 41,009.00

Transneft PJSC Accounts Receivable Calculation

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


Transneft PJSC 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.

Transneft PJSC's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=41009/350785*91
=10.67

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

Transneft PJSC's Net-Net Working Capital Per Share for the quarter that ended in Dec. 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)
=(621186+0.75 * 41009+0.5 * 51848-905696
-0-61245)/724.934
=-398.76

* 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.


Transneft PJSC Accounts Receivable Related Terms

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Transneft PJSC (MIC:TRNFP) Business Description

Traded in Other Exchanges
N/A
Address
4 Building No. 2, Presnenskaya Embankment, Moscow, RUS, 123112
Transneft PJSC along with its subsidiaries is engaged in the business of transfer, coordination and management of transportation of petroleum and petroleum products through pipelines within Russia and abroad. The operating business segments are - Oil transportation, Petroleum products transportation, Trading operations for sale of oil and petroleum products, and Stevedoring additional ports services and fleet services. Geographically, the company operates in Russian Federation, China, and Other countries with maximum revenue from Russian Federation.

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