Heliogen (Heliogen) Accounts Receivable : $1.70 Mil (As of Mar. 2024)

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What is Heliogen Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Heliogen's accounts receivables for the quarter that ended in Mar. 2024 was $1.70 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Heliogen's Days Sales Outstanding for the quarter that ended in Mar. 2024 was 162.32.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Heliogen's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was $-8.70.

Heliogen Accounts Receivable Historical Data

The historical data trend for Heliogen'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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Heliogen Accounts Receivable Chart

Heliogen Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Receivable

0.90

1.12

0.75

Heliogen Quarterly Data
	Dec19	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Accounts Receivable	Get a 7-Day Free Trial											1.59	0.07	0.67	0.75	1.70

Heliogen Accounts Receivable Calculation

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

Heliogen 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.

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

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	1.697	/	0.954	*	91
=	162.32

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

Heliogen'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)
=	(60.726	+	0.75 * 1.697	+	0.5 * 1.823	-	114.847
-	0	-	0)	/	5.97037
=	-8.70

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.

Heliogen Accounts Receivable Related Terms

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Heliogen (Heliogen) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » Heliogen Inc (OTCPK:HLGN) » Definitions » Accounts Receivable

Comparable Companies

Traded in Other Exchanges

N/A

Address

130 West Union Street, Pasadena, CA, USA, 91103

Website

https://www.heliogen.com

Heliogen Inc is a concentrated solar energy system that is being developed to unlock the power of sunlight to replace fossil fuels. Powered by artificial intelligence (AI), its modular system aims to deliver low-cost renewable energy in the form of heat, power, or hydrogen fuel. The company's computer vision software aligns an array of mirrors to reflect sunlight to a target on the top of a Sunlight Refinery tower.

Executives

Nant Capital, Llc	10 percent owner	9922 JEFFERSON BOULEVARD, CULVER CITY CA 90232
Barbara J Burger	director	130 WEST UNION STREET, PASADENA CA 91103
Sagar Kurada	officer: CFO and Head of Strategy	1323 W. SCHOOL STREET, CHICAGO IL 60657
William Gross	director, officer: Chief Executive Officer	C/O BILL GROSS' IDEALAB, 130 W UNION STREET, PASADENA CA 91103
Thomas P. Doyle	officer: Chief Commercial Officer	130 W UNION STREET, PASADENA CA 91103
Kelly Rosser	officer: Interim CFO, and CAO	ONE MEMORIAL CITY PLAZA, 800 GESSNER ROAD, SUITE 875, HOUSTON TX 77024
Christiana Obiaya	officer: Chief Executive Officer	130 W UNION STREET, PASADENA CA 91103
Prime Movers Lab Fund I Lp	10 percent owner	P.O. BOX 12829, JACKSON WY 83002
Prime Movers Lab Fund Ii Lp	10 percent owner	6765 CRYSTAL SPRINGS RD, TETON VILLAGE WY 83025
Paul Gauche	officer: Executive VP, Engineering	130 WEST UNION STREET, PASADENA CA 91103
Roger Lazarus	director	100 EL CAMINO REAL, GROUND SUITE, BURLINGAME CA 94010
Andrew Alan Lambert	officer: Chf. Mfg. & Sply. Chain Ofc.	130 WEST UNION STREET, PASADENA CA 91103
Neotribe Partners I, Llc	10 percent owner	3340 HILLVIEW AVENUE, PALO ALTO CA 94304
Phyllis W. Newhouse	director	125 TOWNPARK DRIVE, SUITE 300, KENNESAW GA 30144
Robert M Kavner	director	OVERTURE SERVICES, INC., P.O. BOX 1355, CARMEL CA 93921