Advanced Energy Industries (Advanced Energy Industries) Accounts Receivable : $282 Mil (As of Dec. 2023)

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What is Advanced Energy Industries Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Advanced Energy Industries's accounts receivables for the quarter that ended in Dec. 2023 was $282 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Advanced Energy Industries's Days Sales Outstanding for the quarter that ended in Dec. 2023 was 63.59.

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

Advanced Energy Industries Accounts Receivable Historical Data

The historical data trend for Advanced Energy Industries'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.

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Advanced Energy Industries Accounts Receivable Chart

Advanced Energy Industries Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Receivable

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246.56

213.56

217.55

300.68

282.43

Advanced Energy Industries 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															300.68	291.63	258.75	270.35	282.43

Advanced Energy Industries Accounts Receivable Calculation

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

Advanced Energy Industries 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.

Advanced Energy Industries's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	282.43	/	405.271	*	91
=	63.59

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

Advanced Energy Industries'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)
=	(1044.556	+	0.75 * 282.43	+	0.5 * 336.137	-	1412.575
-	0	-	0)	/	37.318
=	0.32

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.

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Advanced Energy Industries (Advanced Energy Industries) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Advanced Energy Industries Inc (NAS:AEIS) » Definitions » Accounts Receivable

Comparable Companies

Traded in Other Exchanges

AVX:Germany

Address

1595 Wynkoop Street, Suite 800, Denver, CO, USA, 80202

Website

https://www.advancedenergy.com

Advanced Energy Industries Inc provides precision power-conversion measurement and control solutions that transform power into various forms for use in manufacturing and industrial equipment and applications. The firm serves original equipment manufacturers and end customers in the semiconductor, flat panel display, solar panel, and other industrial capital equipment markets. Products include thin-film power-conversion systems, which control and modify raw electrical power into a customizable, predictable power source, and power control modules, which control and measure temperature during manufacturing cycles. A majority of the firm's revenue is generated in the United States, with the rest primarily from Asia and Europe.

Executives

Anne Delsanto	director	1133 INNOVATION WAY, SUNNYVALE CA 94089
Ronald C Foster	director	8000 S FEDERAL WAY, MS 1-557, BOISE ID 83716
Paul R Oldham	officer: EVP, CFO	1625 SHARP POINT DRIVE, FORT COLLINS CO 80525
Lanesha Minnix	director	TWO LAKESIDE COMMONS, BUILDING TWO, 980 HAMMOND DRIVE, SUITE 500, ATLANTA GA 30328
Tina Donikowski	director	1625 SHARP POINT DRIVE, FORT COLLINS CO 80525
John Donaghey	officer: EVP, Global Sales	1595 WYNKOOP STREET, SUITE 800, DENVER CO 80202
Brian Shirley	director	8000 S FEDERAL WAY, MS 1-557, BOISE ID 83716
Elizabeth Karpinski Vonne	officer: EVP, General Counsel	1595 WYNKOOP STREET, SUITE 800, DENVER CO 80202
Eduardo Bernal Acebedo	officer: EVP and COO	1595 WYNKOOP STREET, SUITE 800, DENVER CO 80202
Reed David	director	6501 WILLIAM CANNON DRIVE WEST, AUSTIN TX 78735
Stephen Douglas Kelley	officer: President and CEO	1900 S. PRICE ROAD, CHANDLER AZ 85286
Yuval Wasserman	officer: EVP, Sales, Service & Mktg	1625 SHARP POINT DRIVE, FORT COLLINS CO 80525
Dana Edward Huth	officer: CHIEF REVENUE OFFICER	1595 WYNKOOP STREET, SUITE 800, DENVER CO 80202
Thomas O Mcgimpsey	officer: EVP Gen Counsel & Corp Sec	380 INTERLOCKEN CRESCENT, BROOMFIELD CO 80021
Neil David Brinker	officer: EVP, COO	1625 SHARP POINT DRIVE, FORT COLLINS CO 80525