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Global Clean Energy Holdings (Global Clean Energy Holdings) Accounts Receivable : $1.84 Mil (As of Dec. 2023)


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What is Global Clean Energy Holdings Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Global Clean Energy Holdings's accounts receivables for the quarter that ended in Dec. 2023 was $1.84 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Global Clean Energy Holdings's Days Sales Outstanding for the quarter that ended in Dec. 2023 was 120.25.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Global Clean Energy Holdings's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was $-29.09.


Global Clean Energy Holdings Accounts Receivable Historical Data

The historical data trend for Global Clean Energy Holdings'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.

Global Clean Energy Holdings Accounts Receivable Chart

Global Clean Energy Holdings Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 0.14 1.38 0.73 1.84

Global Clean Energy Holdings 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 0.73 1.50 0.74 0.77 1.84

Global Clean Energy Holdings Accounts Receivable Calculation

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


Global Clean Energy Holdings 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.

Global Clean Energy Holdings's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=1.841/1.397*91
=120.25

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

Global Clean Energy Holdings'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)
=(1.927+0.75 * 1.841+0.5 * 4.554-1439.49
-0-20.436)/49.9993
=-29.09

* 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.


Global Clean Energy Holdings Accounts Receivable Related Terms

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Global Clean Energy Holdings (Global Clean Energy Holdings) Business Description

Traded in Other Exchanges
N/A
Address
2790 Skypark Drive, Suite 105, Torrance, CA, USA, 90505
Global Clean Energy Holdings Inc is a United States-based renewable feedstocks and finished fuels company. The business model of the company is designed to control all aspects of the value chain, with business anchored in plant science and the other in renewable fuel production. The company contract directly with farmers to grow ultra-low carbon, nonfood, proprietary Camelina crop.
Executives
Nikhil Vasa officer: EVP & Chief Financial Officer 2790 SKYPARK DRIVE, SUITE 105, TORRANCE CA 90505
Michael Zilkha 10 percent owner
Antonio D'amico officer: See Remarks 2790 SKYPARK DRIVE, SUITE 105, TORRANCE CA 90505
Exxonmobil Renewables Llc director, 10 percent owner 22777 SPRINGWOODS VILLAGE PARKWAY, SPRING TX 77389
Amy K. Wood director 2790 SKYPARK DRIVE, SUITE 105, TORRANCE CA 90505
Edward Nicholas Jones director 2790 SKYPARK DRIVE, SUITE 105, TORRANCE CA 90505
Exxon Mobil Corp director, 10 percent owner 22777 SPRINGWOODS VILLAGE PARKWAY, SPRING TX 77389-1425
Michael Karst officer: Vice President 2790 SKYPARK DRIVE, SUITE 105, TORRANCE CA 90505
Phyllis E. Currie director 2790 SKYPARK DRIVE, SUITE 105, TORRANCE CA 90505
Susan L. Anhalt director 2790 SKYPARK DRIVE, SUITE 105, TORRANCE CA 90505
Jerald S. Feitelson officer: VP, Chief Scientific Officer 2790 SKYPARK DRIVE, SUITE 105, TORRANCE CA 90505
Ralph J Goehring officer: Chief Financial Officer C/O BERRY PETROLEUM CO, 5201 TREUXTUN AVE STE 300, BAKERSFIELD CA 93309
Noah Verleun officer: EVP - Development % Regulatory 2709 SKYPARK DRIVE, SUITE 105, TORRANCE CA 90505
Jeffrey S Skoll 10 percent owner C/O EBAY INC, 2145 HAMILTON AVENUE, SAN JOSE CA 95125
Pacific Sequoia Holdings Llc 10 percent owner CAPRICORN INVESTMENT GROUP LLC, 250 UNIVERSITY AVE, SUITE 300, PALO ALTO CA 94301

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