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Lime Energy Co (Lime Energy Co) Accounts Receivable : $23.3 Mil (As of Sep. 2016)


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What is Lime Energy Co Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Lime Energy Co's accounts receivables for the quarter that ended in Sep. 2016 was $23.3 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Lime Energy Co's Days Sales Outstanding for the quarter that ended in Sep. 2016 was 82.53.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Lime Energy Co's Net-Net Working Capital per share for the quarter that ended in Sep. 2016 was $-3.66.


Lime Energy Co Accounts Receivable Historical Data

The historical data trend for Lime Energy Co'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.

Lime Energy Co Accounts Receivable Chart

Lime Energy Co Annual Data
Trend Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 31.20 9.56 9.15 11.82 23.64

Lime Energy Co Quarterly Data
Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16
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 22.01 23.64 19.62 18.26 23.26

Lime Energy Co Accounts Receivable Calculation

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


Lime Energy Co 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.

Lime Energy Co's Days Sales Outstanding for the quarter that ended in Sep. 2016 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=23.262/25.721*91
=82.53

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

Lime Energy Co's Net-Net Working Capital Per Share for the quarter that ended in Sep. 2016 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)
=(0.879+0.75 * 23.262+0.5 * 1.791-54.656
-0-0)/9.68047
=-3.66

* 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.


Lime Energy Co Accounts Receivable Related Terms

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Lime Energy Co (Lime Energy Co) Business Description

Traded in Other Exchanges
N/A
Address
Lime Energy Co is a U.S based company which offers the utilities energy efficiency program delivery services targeted to their small and medium-sized business customers. Its programs help these businesses use less energy through the upgrade of existing equipment with new, more energy efficient equipment. These programs include energy efficient lighting upgrades, mechanical upgrades, water conservation measures, building controls, refrigeration, pool pumps, building shell improvements and appliance recycling.
Executives
Gregory T Barnum director
Adam C Procell officer: CEO and Presirent C/O WILLDAN, 12401 EAST KATELLA AVENUE, SUITE 300, ANAHEIM CA 92806
Carey William Russell Jr director 2202 NORTH WEST SHORE BLVD, 5TH FLOOR, TAMPA FL 33607
Robert J Manning director 1201 THIRD AVE, STE 4900, SEATTLE WA 98101
Robert D Wagner director COMFORT SYSTEMS USA, INC., 675 BERING DRIVE, SUITE 400, HOUSTON TX 77057
Cit Group Inc 10 percent owner 1 CIT DRIVE, LIVINGSTON NJ 07039
Frederic F Brace director 707 W. SMUGGLER ST, ASPEN CO 81611
Stanley Morgan 10 percent owner 1585 BROADWAY, NEW YORK NY 10036

Lime Energy Co (Lime Energy Co) Headlines

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