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Eos Energy Enterprises (Eos Energy Enterprises) Receivables Turnover : 1.80 (As of Mar. 2024)


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What is Eos Energy Enterprises Receivables Turnover?

The Receivables Turnover ratio measures the number of times a company collects its average accounts receivable balance. It is calculated as Revenue divided by average Accounts Receivable. An efficient company has a higher accounts receivable turnover ratio while an inefficient company has a lower ratio. Eos Energy Enterprises's Revenue for the three months ended in Mar. 2024 was $6.60 Mil. Eos Energy Enterprises's average Accounts Receivable for the three months ended in Mar. 2024 was $3.67 Mil. Hence, Eos Energy Enterprises's Receivables Turnover for the three months ended in Mar. 2024 was 1.80.


Eos Energy Enterprises Receivables Turnover Historical Data

The historical data trend for Eos Energy Enterprises's Receivables Turnover 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.

Eos Energy Enterprises Receivables Turnover Chart

Eos Energy Enterprises Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Receivables Turnover
- - 2.40 10.01 6.48

Eos Energy Enterprises Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Receivables Turnover 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 3.32 0.10 0.44 2.66 1.80

Competitive Comparison of Eos Energy Enterprises's Receivables Turnover

For the Electrical Equipment & Parts subindustry, Eos Energy Enterprises's Receivables Turnover, along with its competitors' market caps and Receivables Turnover data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Eos Energy Enterprises's Receivables Turnover Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Eos Energy Enterprises's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Eos Energy Enterprises's Receivables Turnover falls into.



Eos Energy Enterprises Receivables Turnover Calculation

Receivables Turnover measures the number of times a company collects its average accounts receivable balance.

Eos Energy Enterprises's Receivables Turnover for the fiscal year that ended in Dec. 2023 is calculated as

Receivables Turnover (A: Dec. 2023 )
=Revenue / Average Total Inventories
=Revenue (A: Dec. 2023 ) / ((Accounts Receivable (A: Dec. 2022 ) + Accounts Receivable (A: Dec. 2023 )) / count )
=16.378 / ((1.666 + 3.387) / 2 )
=16.378 / 2.5265
=6.48

Eos Energy Enterprises's Receivables Turnover for the quarter that ended in Mar. 2024 is calculated as

Receivables Turnover (Q: Mar. 2024 )
=Revenue / Average Total Inventories
=Revenue (Q: Mar. 2024 ) / ((Accounts Receivable (Q: Dec. 2023 ) + Accounts Receivable (Q: Mar. 2024 )) / count )
=6.601 / ((3.387 + 3.953) / 2 )
=6.601 / 3.67
=1.80

* 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.


Eos Energy Enterprises  (NAS:EOSE) Receivables Turnover Explanation

An efficient company has a higher accounts receivable turnover ratio while an inefficient company has a lower ratio. This metric is commonly used to compare companies within the same industry to check whether they are on par with their competitors.


Eos Energy Enterprises Receivables Turnover Related Terms

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Eos Energy Enterprises (Eos Energy Enterprises) Business Description

Traded in Other Exchanges
N/A
Address
3920 Park Avenue, Edison, NJ, USA, 08820
Eos Energy Enterprises Inc designs develop, manufactures, and markets innovative zinc-based energy storage solutions for utility-scale, microgrid, and commercial & industrial (C&I) applications. The solutions are used in the utility sector, the renewable energy sector, and the industrial sector. It's flagship product Eos Znyth is a stationary battery energy storage system.
Executives
Jeff Mcneil director 47281 BAYSIDE PARKWAY, FREMONT CA 94538
Joe Mastrangelo director, officer: Chief Executive Officer 199 PIERCE STREET, SUITE 537, FRANKLIN TOWNSHIP NJ 08873
Claude Demby director C/O SMART MODULAR TECHNOLOGIES, INC., 39870 EUREKA DRIVE, NEWARK CA 94560
Sumeet Puri officer: Chief Accounting Officer 6525 SHADY OAK LANE, MASON OH 45040
Alexander Dimitrief director GENERAL ELECTRIC COMPANY, 41 FARNSWORTH STREET, BOSTON MA 02210
Nathan Kroeker officer: Chief Financial Officer 12160 WICKCHESTER LN, SUITE 100, HOUSTON TX 77079
Jeffrey S Bornstein director GENERAL ELECTRIC COMPANY, 41 FARNSWORTH STREET, BOSTON MA 02210
Russell Monoki Stidolph director 137 ROWAYTON AVENUE, ROWAYTON CT 06853
Daniel Shribman director, officer: CEO and CFO 299 PARK AVENUE, NEW YORK NY 10171
Koch Industries Inc 10 percent owner 4111 EAST 37TH STREET NORTH, WICHITA KS 67220
Randall B Gonzales officer: Chief Financial Officer EOS ENERGY ENTERPRISES, INC., 3920 PARK AVENUE, EDISON NJ 08820
Spring Creek Capital Llc 10 percent owner 4111 EAST 37TH STREET NORTH, WICHITA KS 67220
Wood River Capital, Llc 10 percent owner 4111 E. 37TH STREET N, WICHITA KS 67220
Marian Walters director C/O B. RILEY FINANCIAL, INC., 21255 BURBANK BLVD., SUITE 400, WOODLAND HILLS CA 91367
Audrey Ann Zibelman director 6/128 TOORAK ROAD WEST, SOUTH YARRA C4 3141

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