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ReVolve Renewable Power (FRA:PM7) Accounts Receivable : €0.24 Mil (As of Mar. 2024)


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What is ReVolve Renewable Power Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. ReVolve Renewable Power's accounts receivables for the quarter that ended in Mar. 2024 was €0.24 Mil.

Accounts receivable can be measured by Days Sales Outstanding. ReVolve Renewable Power's Days Sales Outstanding for the quarter that ended in Mar. 2024 was 69.47.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. ReVolve Renewable Power's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was €-0.17.


ReVolve Renewable Power Accounts Receivable Historical Data

The historical data trend for ReVolve Renewable Power'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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ReVolve Renewable Power Accounts Receivable Chart

ReVolve Renewable Power Annual Data
Trend Jun20 Jun21 Jun22 Jun23
Accounts Receivable
- - - 0.04

ReVolve Renewable Power Quarterly Data
Jun20 Sep20 Dec20 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 0.05 0.04 0.04 0.13 0.24

ReVolve Renewable Power Accounts Receivable Calculation

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


ReVolve Renewable Power 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.

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

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0.236/0.31*91
=69.47

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

ReVolve Renewable Power'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)
=(1.191+0.75 * 0.236+0.5 * 0-12.955
-0--0.684)/63.0361
=-0.17

* 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.


ReVolve Renewable Power Accounts Receivable Related Terms

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ReVolve Renewable Power (FRA:PM7) Business Description

Traded in Other Exchanges
Address
Philpsburgh Avenue Fairview, Bushfield House, 57 Bushfield Square, Dublin, IRL, 3
Revolve Renewable Power Corp is a developer of utility-scale renewable energy generation projects in North America with a focus on wind, solar, and battery storage technologies. Its project portfolio includes Utility scale assets and Development generation assets. The company has three business segments (1) Renewable energy projects (2) behind-the-meter distributed electricity generation including rooftop solar, battery storage, and energy efficiency projects at customer premises (3) Corporate. The company operates geographically in the USA, Mexico, Canada, and others.

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