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Emeren Group (Emeren Group) Accounts Receivable : $19.19 Mil (As of Sep. 2023)


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What is Emeren Group Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Emeren Group's accounts receivables for the quarter that ended in Sep. 2023 was $19.19 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Emeren Group's Days Sales Outstanding for the quarter that ended in Sep. 2023 was 125.52.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Emeren Group's Net-Net Working Capital per share for the quarter that ended in Sep. 2023 was $-0.86.


Emeren Group Accounts Receivable Historical Data

The historical data trend for Emeren Group'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.

Emeren Group Accounts Receivable Chart

Emeren Group Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 33.96 15.74 22.62 36.49 23.71

Emeren Group Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 36.03 23.71 20.05 25.51 19.19

Emeren Group Accounts Receivable Calculation

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


Emeren Group 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.

Emeren Group's Days Sales Outstanding for the quarter that ended in Sep. 2023 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=19.187/13.948*91
=125.52

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

Emeren Group'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)
=(69.286+0.75 * 19.187+0.5 * 0-93.751
-0-38.333)/56.287
=-0.86

* 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.


Emeren Group Accounts Receivable Related Terms

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Emeren Group (Emeren Group) Business Description

Traded in Other Exchanges
Address
100 First Stamford Place, Suite 302, Stamford, CT, USA, 06902
Emeren Group Ltd is a leading global solar project developer, owner, and operator with a ~3 GW pipeline of projects and IPP assets across Europe, North America, and Asia. The company focuses on solar power project development, construction management, and project financing services with local professional teams in more than 10 countries.
Executives
Capital Management Shah director, 10 percent owner 8601 SIX FORKS ROAD, SUITE 630, RALEIGH NC 27615