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EVgo (EVGO) Change In Receivables : $-6.0 Mil (TTM As of Mar. 2024)


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What is EVgo Change In Receivables?

EVgo's change in receivables for the quarter that ended in Mar. 2024 was $-0.4 Mil. It means EVgo's Accounts Receivable increased by $0.4 Mil from Dec. 2023 to Mar. 2024 .

EVgo's change in receivables for the fiscal year that ended in Dec. 2023 was $-23.8 Mil. It means EVgo's Accounts Receivable increased by $23.8 Mil from Dec. 2022 to Dec. 2023 .

EVgo's Accounts Receivable for the quarter that ended in Mar. 2024 was $47.4 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. EVgo's Days Sales Outstanding for the three months ended in Mar. 2024 was 78.35.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. EVgo's liquidation value for the three months ended in Mar. 2024 was $-59.4 Mil.


EVgo Change In Receivables Historical Data

The historical data trend for EVgo'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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EVgo Change In Receivables Chart

EVgo Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Change In Receivables
1.28 0.05 -1.62 -7.02 -23.81

EVgo Quarterly Data
Dec19 Mar20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Change In Receivables 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 -18.19 6.77 -3.16 -9.23 -0.38

EVgo 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 $-6.0 Mil.

* 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.


EVgo  (NAS:EVGO) 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.

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

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=47.358/55.158*91
=78.35

2. In Ben Graham's calculation of liquidation value, EVgo's accounts receivable are only considered to be worth 75% of book value:

EVgo'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)
=175.526-270.412+0.75 * 47.358+0.5 * 0
=-59.4

* 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.


EVgo Change In Receivables Related Terms

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EVgo (EVGO) Business Description

Traded in Other Exchanges
Address
11835 West Olympic Boulevard, Suite 900E, Los Angeles, CA, USA, 90064
EVgo owns and operates a public direct current fast-charging network in the U.S. Its network of charging stations provides electric vehicle charging infrastructure to consumers and businesses. Its network is capable of charging all EV models and charging standards currently available in the U.S. EVgo partners with national and regional chains of grocery stores, automotive original equipment manufacturers, hotels, shopping centers, gas stations, parking lot operators, local governments and independent property owners in order to locate and deploy its EV charging infrastructure.
Executives
Dennis G Kish officer: Chief Operating Officer 955 EAST ARQUES AVE, SUNNYVALE CA 94086
Francine Sullivan officer: CLO and General Counsel 11835 WEST OLYMPIC BOULEVARD, SUITE 900E, LOS ANGELES CA 90064
Olga Shevorenkova officer: Chief Financial Officer 11835 WEST OLYMPIC BOULEVARD, SUITE 900E, LOS ANGELES CA 90064
Stephanie Lee officer: Interim CFO 11835 W. OLYMPIC BLVD. SUITE 900E, LOS ANGELES CA 90064
Ivo Steklac officer: Chief Operating & Tech Officer 11835 WEST OLYMPIC BOULEVARD, SUITE 900E, LOS ANGELES CA 90064
Cathy Zoi director, officer: Chief Executive Officer 11835 WEST OLYMPIC BOULEVARD, SUITE 900E, LOS ANGELES CA 90064
David Nanus director 1700 BROADWAY, 35TH FLOOR, NEW YORK NY 10019
Paul Segal director 1700 BROADWAY, 35TH FLOOR, NEW YORK NY 10019
Jonathan Seelig director C/O ZOOM TELEPHONICS, INC., 99 HIGH STREET, BOSTON MA 02110
Peter Eric Anderson director 11835 W. OLYMPIC BLVD. SUITE 900E, LOS ANGELES CA 90064
Tanvi Chaturvedi officer: Chief Revenue Officer 11835 W. OLYMPIC BLVD. SUITE 900E, LOS ANGELES CA 90064
Jonathan Maier Levy officer: Chief Commercial Officer 11835 WEST OLYMPIC BOULEVARD, SUITE 900E, LOS ANGELES CA 90064
Caroline Ogata officer: Controller 11835 WEST OLYMPIC BOULEVARD, SUITE 900E, LOS ANGELES CA 90064
Badar Khan director 69 DENNY ROAD, CHESTNUT HILL MA 02467
Katherine Motlagh director C/O CYRUSONE, 2850 N HARWOOD ST STE 2200, DALLAS TX 75201