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GreenPower Motor Company (STU:GRT1) Accounts Receivable : €3.60 Mil (As of Dec. 2023)


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What is GreenPower Motor Company Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. GreenPower Motor Company's accounts receivables for the quarter that ended in Dec. 2023 was €3.60 Mil.

Accounts receivable can be measured by Days Sales Outstanding. GreenPower Motor Company's Days Sales Outstanding for the quarter that ended in Dec. 2023 was 43.86.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. GreenPower Motor Company's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was €-0.32.


GreenPower Motor Company Accounts Receivable Historical Data

The historical data trend for GreenPower Motor Company'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.

GreenPower Motor Company Accounts Receivable Chart

GreenPower Motor Company Annual Data
Trend Feb14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.24 0.85 3.74 2.65 9.60

GreenPower Motor Company Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 7.42 9.60 7.41 7.53 3.60

GreenPower Motor Company Accounts Receivable Calculation

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


GreenPower Motor Company 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.

GreenPower Motor Company's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=3.596/7.481*91
=43.86

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

GreenPower Motor Company's Net-Net Working Capital Per Share for the quarter that ended in Dec. 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)
=(3.632+0.75 * 3.596+0.5 * 30.171-29.447
-0-0)/24.9769
=-0.32

* 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.


GreenPower Motor Company Accounts Receivable Related Terms

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GreenPower Motor Company (STU:GRT1) Business Description

Traded in Other Exchanges
Address
209 Carrall Street, Suite 240, Vancouver, BC, CAN, V6B 2J2
GreenPower Motor Company Inc is the manufacturer and distributor of all-electric charter, school and city buses. The company offers electric-powered transit buses deploying electric drive and battery technologies with a lightweight chassis and low-floor body. Its product line includes All-electric transit buses and All-electric school and shuttle buses. The company's buses depend on clean sheet design and utilise a custom battery management system and a proprietary flex power system for the drive motors. The company operates in one reportable operating segment, being the manufacture and distribution of all-electric transit, school, and charter buses.

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