Zeo Energy (Zeo Energy) Accounts Receivable : $7.39 Mil (As of Mar. 2024)

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What is Zeo Energy Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Zeo Energy's accounts receivables for the quarter that ended in Mar. 2024 was $7.39 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Zeo Energy's Days Sales Outstanding for the quarter that ended in Mar. 2024 was 34.61.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Zeo Energy's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was $-3.08.

Zeo Energy Accounts Receivable Historical Data

The historical data trend for Zeo 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.

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Zeo Energy Accounts Receivable Chart

Zeo Energy Annual Data

Trend

Dec21

Dec22

Dec23

Accounts Receivable

0.39

0.56

2.97

Zeo Energy Quarterly Data
	Dec21	Sep22	Dec22	Mar23	Sep23	Dec23	Mar24
Accounts Receivable	Get a 7-Day Free Trial			0.56	-	6.78	2.97	7.39

Zeo Energy Accounts Receivable Calculation

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

Zeo 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.

Zeo 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
=	7.392	/	19.488	*	91
=	34.61

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

Zeo 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)
=	(7.731	+	0.75 * 7.392	+	0.5 * 0.379	-	28.926
-	0	-	0)	/	5.02696
=	-3.08

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.

Zeo Energy Accounts Receivable Related Terms

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Zeo Energy (Zeo Energy) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Zeo Energy Corp (NAS:ZEO) » Definitions » Accounts Receivable

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Traded in Other Exchanges

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Address

7625 little Road, Suite 200A, New Port Richley, FL, USA, 34654

Website

Zeo Energy Corp is a vertically integrated provider of residential solar energy systems, other energy efficient equipment and related services currently serving customers in Florida, Texas, Arkansas and Missouri.