GURUFOCUS.COM » STOCK LIST » Industrials » Farm & Heavy Construction Machinery » Ideanomics Inc (NAS:IDEX) » Definitions » Accounts Receivable

Ideanomics (Ideanomics) Accounts Receivable : $3.1 Mil (As of Sep. 2023)


View and export this data going back to 2007. Start your Free Trial

What is Ideanomics Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Ideanomics's accounts receivables for the quarter that ended in Sep. 2023 was $3.1 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Ideanomics's Days Sales Outstanding for the quarter that ended in Sep. 2023 was 420.71.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Ideanomics's Net-Net Working Capital per share for the quarter that ended in Sep. 2023 was $-10.25.


Ideanomics Accounts Receivable Historical Data

The historical data trend for Ideanomics'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.

Ideanomics Accounts Receivable Chart

Ideanomics Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 19.37 2.41 7.40 3.34 5.86

Ideanomics Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 6.00 5.86 6.84 6.56 3.07

Ideanomics Accounts Receivable Calculation

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


Ideanomics 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.

Ideanomics's Days Sales Outstanding for the quarter that ended in Sep. 2023 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=3.066/0.665*91
=420.71

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

Ideanomics's Net-Net Working Capital Per Share for the quarter that ended in Sep. 2023 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)
=(1.884+0.75 * 3.066+0.5 * 16.781-132.976
-3.125--1.248)/11.924
=-10.25

* 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.


Ideanomics Accounts Receivable Related Terms

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


Ideanomics (Ideanomics) Business Description

Traded in Other Exchanges
Address
1441 Broadway, Suite 5116, New York, NY, USA, 10018
Ideanomics Inc is an American multinational company engaged in accelerating the commercial adoption of electric vehicles. The company conducts its operations in one segment with three business units; Ideanomics Mobility's focus is electric vehicles, including mid and last-mile delivery trucks and vans, tractors, and two-wheelers. There are five operating companies within the Ideanomics Mobility business unit: VIA, Energica, Solectrac, United States Hybrid, and Tree Technologies, Ideanomics Energy's focus is charging and energy-related products and services, and Ideanomics Capital's focus is providing financing support for the Company's Mobility and Energy business units. Geographically, the company operates in North America, Asia, and Europe.
Executives
Alfred Poor director, officer: Chief Executive Officer 55 BROADWAY, 19TH FLOOR, NEW YORK NY 10006
Stephen Eric Johnston officer: Chief Financial Officer 4950 SUSANS WAY, BLOOMFIELD HILLS MI 48302
Shane Mcmahon director, 10 percent owner, officer: Chief Executive Officer 1241 EST MAIN STREET, STAMFORD CT 06902
John Wallace director 55 BROADWAY, 19TH FLOOR, NEW YORK NY 10006
Bruno Zheng Wu director, 10 percent owner, officer: Chief Executive Officer EASTERN FANGZHENG ROAD, SOUTHERN DONGYING VILLAGE, HANCUNHE TOWN F4 102423
Sean Wang director C/O WECAST NETWORK, INC., BUILDING B4, TAI MING INT'L. BUSINESS CT, TAI HU TOWN, TONGZHOU DISTRICT, BEIJING F4 101116
Xiuping Wang officer: Chief Financial Officer C/O WECAST NETWORK, INC., BUILDING B4, TAI MING INT'L. BUSINESS CT, TAI HU TOWN, TONGZHOU DISTRICT, BEIJING F4 101116
Randy Huang officer: Chief Technical Officer C/O WECAST NETWORK, INC., BUILDING B4, TAI MING INT'L. BUSINESS CT, TAI HU TOWN, TONGZHOU DISTRICT, BEIJING F4 101116
Yi Xu officer: Chief Operating Officer C/O WECAST NETWORK, INC., BUILDING B4, TAI MING INT'L. BUSINESS CT, TAI HU TOWN, TONGZHOU DISTRICT, BEIJING F4 101116
Bing Yang director, officer: CEO and Director 375 GREENWICH ST., SUITE 516, NEW YORK NY 10013
Mingcheng Tao director, officer: Chief Executive Officer 3340 PEACHTREE ROAD NE, SUITE 900, ATLANTA GA 30326
Polly Wang director EASTERN FANGZHENG ROAD, SOUTHERN DONGYING VILLAGE, HANCUNHE TOWN F4 102423
Jian Ren Fan director 305-36 ROOM, 3RD FLOOR, D BUILDING, TIANJIN ECONOMIC-TECHNOLOGICAL DVLP AREA, TIANJIN CITY F4 300280
Sun Seven Stars Hong Kong Cultural Development Ltd 10 percent owner EASTERN FANGZHENG ROAD, SOUTHERN DONGYING VILLAGE, HANCUNHE TOWN F4 F4 102423
Shanghai Sun Seven Stars Cultural Development Ltd 10 percent owner EASTERN FANGZHENG ROAD, SOUTHERN DONGYING VILLAGE, HANCUNHE TOWN F4 F4 102423