GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » Fluence Energy Inc (NAS:FLNC) » Definitions » Accounts Receivable

Fluence Energy (Fluence Energy) Accounts Receivable : $87 Mil (As of Mar. 2024)


View and export this data going back to 2021. Start your Free Trial

What is Fluence Energy Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Fluence Energy's accounts receivables for the quarter that ended in Mar. 2024 was $87 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Fluence Energy's Days Sales Outstanding for the quarter that ended in Mar. 2024 was 12.71.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Fluence Energy's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was $-3.81.


Fluence Energy Accounts Receivable Historical Data

The historical data trend for Fluence Energy'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.

Fluence Energy Accounts Receivable Chart

Fluence Energy Annual Data
Trend Sep19 Sep20 Sep21 Sep22 Sep23
Accounts Receivable
6.95 32.10 57.42 86.77 103.40

Fluence Energy Quarterly Data
Sep19 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 337.54 153.16 103.40 172.02 86.80

Fluence Energy Accounts Receivable Calculation

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


Fluence Energy 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.

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

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=86.798/623.141*91
=12.71

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

Fluence Energy'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)
=(411.798+0.75 * 86.798+0.5 * 309.059-998.107
-0-118.662)/127.388
=-3.81

* 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.


Fluence Energy Accounts Receivable Related Terms

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


Fluence Energy (Fluence Energy) Business Description

Traded in Other Exchanges
N/A
Address
4601 Fairfax Drive, Suite 600, Arlington, VA, USA, 22203
Fluence Energy Inc is enabling the global clean energy transition with market-leading energy storage products and services, and digital applications for renewables and storage. Geographically, it derives a majority of its revenue from the Americas.
Executives
Siemens Pension Trust E V 10 percent owner WITTELSBACHERPLATZ 2, MUNICH GERMANY 2M 80333
Investment Authority Qatar director, 10 percent owner P.O. BOX 23224, DOHA S3 QATAR
Michelle Philpot officer: Chief Accounting Officer KANA SOFTWARE, INC., 181 CONSTITUTION DR., MENLO PARK CA 94025
Peter Bennett Williams officer: SVP & CSCMO 2225 W. CHANDLER BLVD., CHANDLER AZ 85224
Carolee Couch officer: SVP & CSC and MC C/O FLUENCE ENERGY, INC., 4601 FAIRFAX DRIVE, SUITE 600, ARLINGTON VA 22203
Rebecca Boll officer: SVP AND Chief Product Officer C/O FLUENCE ENERGY, INC., 4601 FAIRFAX DRIVE, SUITE 600, ARLINGTON VA 22203
Ricardo Manuel Falu director 4300 WILSON BLVD, ARLINGTON VA 22203
Manavendra Sial officer: SVP & Chief Financial Officer 77 RIO ROBLES, SAN JOSE CA 95134
Dennis Fehr officer: SVP & Chief Financial Officer C/O FLUENCE ENERGY, INC., 4601 FAIRFAX DRIVE, SUITE 600, ARLINGTON VA 22203
Krishna C Vanka officer: SVP & Chief Digital Officer C/O FLUENCE ENERGY, INC., 4601 FAIRFAX DRIVE, SUITE 600, ARLINGTON VA 22203
Julian Nebreda director 4300 WILSON BLVD., ARLINGTON VA 22203
Tish Mendoza director 4300 WILSON BOULEVARD, ARLINGTON VA 22203
Seyed Madaeni officer: Senior VP and CD Officer C/O FLUENCE ENERGY, INC., 4601 FAIRFAX DRIVE, SUITE 600, ARLINGTON VA 22203
Cynthia A Arnold director P O BOX 1461, MINNEAPOLIS MN 55440
Herman E Bulls director JONES LANG LASALLE, 1801 K STREET NW SUITE 1000, WASHINGTON DC 20006