GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Expion360 Inc (NAS:XPON) » Definitions » Accounts Receivable

Expion360 (Expion360) Accounts Receivable : $0.24 Mil (As of Mar. 2024)


View and export this data going back to 2022. Start your Free Trial

What is Expion360 Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Expion360's accounts receivables for the quarter that ended in Mar. 2024 was $0.24 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Expion360's Days Sales Outstanding for the quarter that ended in Mar. 2024 was 22.44.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Expion360's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was $-0.29.


Expion360 Accounts Receivable Historical Data

The historical data trend for Expion360'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.

Expion360 Accounts Receivable Chart

Expion360 Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Accounts Receivable
0.03 0.21 0.78 0.30 0.16

Expion360 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.63 0.41 0.47 0.16 0.24

Expion360 Accounts Receivable Calculation

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


Expion360 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.

Expion360's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0.239/0.972*91
=22.44

2. In Ben Graham's calculation of Net-Net Working Capital (NNWC), Expion360's accounts receivable are only considered to be worth 75% of book value:

Expion360'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)
=(2.263+0.75 * 0.239+0.5 * 3.781-6.342
-0-0)/7.04685
=-0.29

* 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.


Expion360 Accounts Receivable Related Terms

Thank you for viewing the detailed overview of Expion360's Accounts Receivable provided by GuruFocus.com. Please click on the following links to see related term pages.


Expion360 (Expion360) Business Description

Traded in Other Exchanges
N/A
Address
2025 SW Deerhound Avenue, Redmond, OR, USA, 97756
Expion360 Inc is focused on the design, assembly, manufacturing and sales of lithium iron phosphate (LiFePO4) batteries and supporting accessories for recreational vehicles ("RV's") and marine applications with plans to expand into home energy storage products and industrial applications. Its product offerings include some of the minimal-footprint batteries in the RV & Marine industry.
Executives
John Henry Yozamp director, 10 percent owner, officer: Chief Executive Officer 2025 SW DEERHOUND AVE, REDMOND OR 97756
Tien Quoc Nguyen director 2025 SW DEERHOUND AVE., REDMOND OR 97756
Gregory Scott Aydelott officer: Chief Accounting Officer 2025 SW DEERHOUND AVE, REDMOND OR 97756
Paul Thomas Shoun director, officer: Chief Operating Officer 2025 SW DEERHOUND AVE, REDMOND OR 97756
Brian Paul Schaffner officer: Chief Financial Officer 2025 SW DEERHOUND AVE, REDMOND OR 97756
David Leigh Hendrickson director 2025 SW DEERHOUND AVE, REDMOND OR 97756
Steve Shum director 9025 SW HILLMAN COURT, SUITE 3126, WILSONVILLE OR 97070
George Lefevre director 18101 VON KARMAN AVENUE, SUITE 330, IRVINE CA 96212