Stem (STEM) Accounts Receivable : $239.9 Mil (As of Mar. 2024)

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

What is Stem Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Stem's accounts receivables for the quarter that ended in Mar. 2024 was $239.9 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Stem's Days Sales Outstanding for the quarter that ended in Mar. 2024 was 859.63.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Stem's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was $-3.77.

Stem Accounts Receivable Historical Data

The historical data trend for Stem'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.

Stem Accounts Receivable Chart

Stem Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Receivable

13.57

45.59

66.85

108.36

Stem Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Accounts Receivable	Get a 7-Day Free Trial													232.76	293.85	288.67	108.36	239.93

Stem Accounts Receivable Calculation

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

Stem 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.

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

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	239.934	/	25.469	*	91
=	859.63

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

Stem'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)
=	(112.804	+	0.75 * 239.934	+	0.5 * 24.444	-	912.844
-	0	-	0.485)	/	161.527
=	-3.77

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.

Stem Accounts Receivable Related Terms

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

Stem (STEM) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Stem Inc (NYSE:STEM) » Definitions » Accounts Receivable

Comparable Companies

NN RPAY SCWX IMXI PSFE IIIV RDWR CCSI GCT CINT MSFT ORCL ADBE PANW SNPS VMW FTNT CRWD PLTR SQ

Traded in Other Exchanges

5QQ0:Germany 5QQ0:Germany

Address

100 California Street, 14th Floor, San Francisco, CA, USA, 94111

Website

https://www.stem.com

Stem is a provider of energy storage systems. The company bundles third-party hardware with its proprietary Athena software to provide customers a turnkey solution. Stem sells its solutions to commercial and industrial customers as well as independent power producers and renewable developers. Its solutions help customers maximize renewable energy generation and help build a cleaner and more resilient grid. In 2022, the company acquired AlsoEnergy, a provider of solar asset management software.

Executives

Rahul Shukla	officer: Chief Accounting Officer	100 CALIFORNIA STREET, SAN FRANCISCO CA 94111
Michael James Carlson	officer: Chief Operating Officer	100 CALIFORNIA STREET, SAN FRANCISCO CA 94111
David S Buzby	director
Alan Russo	officer: Chief Revenue Officer	100 ROLLINS ROAD, MILLBRAE CA 94030
Matthew Tappin	officer: President, Asset Management	100 CALIFORNIA STREET, 14TH FLOOR, SAN FRANCISCO CA 94111
Lisa L Troe	director	12181 BLUFF CREEK DRIVE, 4TH FLOOR, LOS ANGELES CA 90094
Saul R. Laureles	officer: Chief Legal Officer	5599 SAN FELIPE, 17TH FLOOR, HOUSTON TX 77056
John Eugene Carrington	director, officer: CEO and Director	350 WEST WASHINGTON STREET, SUITE 600, TEMPE AZ 85281
William John Bush	officer: Chief Financial Officer	539 BRYANT STREET, SUITE 403, SAN FRANCISCO CA 94107
Kim Homenock	officer: Chief People Officer	100 CALIFORNIA STREET, SAN FRANCISCO CA 94111
Robert Schaefer	officer: President, AlsoEnergy	100 CALIFORNIA STREET, SAN FRANCISCO CA 94111
Larsh Johnson	officer: Chief Technical Officer	100 ROLLINS RD, MILLBRAE CA 94030
Prakesh Patel	officer: Chief Strategy Officer	100 ROLLINS ROAD, MILLBRAE CA 94030
Adam Daley	director	C/O MAGNETAR CAPITAL LLC, 1603 ORRINGTON AVENUE, 13TH FLOOR, EVANSTON IL 60201
Anil Tammineedi	director	100 ROLLINS RD, MILLBRAE CA 94030