GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Three Sixty Solar Ltd (OTCPK:VSOLF) » Definitions » Accounts Receivable

Three Sixty Solar (Three Sixty Solar) Accounts Receivable : $0.00 Mil (As of Mar. 2024)


View and export this data going back to 2016. Start your Free Trial

What is Three Sixty Solar Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Three Sixty Solar's accounts receivables for the quarter that ended in Mar. 2024 was $0.00 Mil.

Accounts receivable can be measured by Days Sales Outstanding.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Three Sixty Solar's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was $-0.03.


Three Sixty Solar Accounts Receivable Historical Data

The historical data trend for Three Sixty Solar'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.

Three Sixty Solar Accounts Receivable Chart

Three Sixty Solar Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Sep22 Sep23
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - -

Three Sixty Solar Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - - - -

Three Sixty Solar Accounts Receivable Calculation

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


Three Sixty Solar 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.

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

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

Three Sixty Solar'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)
=(0.059+0.75 * 0+0.5 * 0-1.443
-0-0)/45.4301
=-0.03

* 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.


Three Sixty Solar Accounts Receivable Related Terms

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


Three Sixty Solar (Three Sixty Solar) Business Description

Traded in Other Exchanges
Address
408 - 55 Water Street, Office 8312, Vancouver, BC, CAN, V6B 1A1
Three Sixty Solar Ltd is engaged in designing and developing vertical solar towers to provide a range of energy solutions for small commercial projects up to large utility-scale solar farms.

Three Sixty Solar (Three Sixty Solar) Headlines

From GuruFocus

Three Sixty Solar Provides Look Ahead

By Stock market mentor Stock market mentor 01-19-2023

Three Sixty Solar Connects with First Nations & M�tis Communities

By Value_Insider Value_Insider 11-22-2022

Three Sixty Solar Certifies New Tower Design

By Value_Insider Value_Insider 10-21-2022

Three Sixty Solar Identified as Preferred Clean Energy Supplier

By Stock market mentor Stock market mentor 02-07-2023

Three Sixty Solar Receives Positive Review of Technology Patentability

By Stock market mentor Stock market mentor 01-26-2023

Three Sixty Solar Adds Key Advisor

By Value_Insider Value_Insider 10-25-2022