Zeo Energy (Zeo Energy) Change In Receivables : $-4.57 Mil (TTM As of Mar. 2024)

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What is Zeo Energy Change In Receivables?

Zeo Energy's change in receivables for the quarter that ended in Mar. 2024 was $-4.57 Mil. It means Zeo Energy's Accounts Receivable increased by $4.57 Mil from Dec. 2023 to Mar. 2024 .

Zeo Energy's change in receivables for the fiscal year that ended in Dec. 2023 was $-3.94 Mil. It means Zeo Energy's Accounts Receivable increased by $3.94 Mil from Dec. 2022 to Dec. 2023 .

Zeo Energy's Accounts Receivable for the quarter that ended in Mar. 2024 was $7.39 Mil.

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 Receivable are being managed. Zeo Energy's Days Sales Outstanding for the three months ended in Mar. 2024 was 34.61.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Zeo Energy's liquidation value for the three months ended in Mar. 2024 was $-15.46 Mil.

Zeo Energy Change In Receivables Historical Data

The historical data trend for Zeo Energy's Change In Receivables 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 Change In Receivables Chart

Zeo Energy Annual Data

Trend

Dec21

Dec22

Dec23

Change In Receivables

-0.28

-0.92

-3.94

Zeo Energy Quarterly Data
	Dec21	Sep22	Dec22	Mar23	Sep23	Dec23	Mar24
Change In Receivables	Get a 7-Day Free Trial			-	-0.77	-	-	-4.57

Zeo Energy Change In Receivables Calculation

Change In Accounts Receivable relative to the previous period. It is any increase or decrease in the cash a company is owed by its customers.

Change In Receivables for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $-4.57 Mil.

Zeo Energy (NAS:ZEO) Change In Receivables 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 Receivable 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 liquidation value, Zeo Energy's accounts receivable are only considered to be worth 75% of book value:

Zeo Energy's liquidation value for the quarter that ended in Mar. 2024 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	7.731	-	28.926	+	0.75 * 7.392	+	0.5 * 0.379
=	-15.46

Zeo Energy Change In Receivables Related Terms

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Zeo Energy (Zeo Energy) Business Description

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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.