Bloom Energy (Bloom Energy) Accounts Receivable

: $341 Mil (As of Dec. 2023)

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Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Bloom Energy's accounts receivables for the quarter that ended in Dec. 2023 was $341 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Bloom Energy's Days Sales Outstanding for the quarter that ended in Dec. 2023 was 87.11.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Bloom Energy's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was $-3.29.

Bloom Energy Accounts Receivable Historical Data

The historical data trend for Bloom Energy'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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Bloom Energy Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Receivable

37.83

96.19

87.79

251.00

340.74

Bloom Energy Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Accounts Receivable																251.00	329.76	351.02	334.50	340.74

Bloom Energy Accounts Receivable Calculation

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

Bloom Energy 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.

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

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	340.74	/	356.916	*	91
=	87.11

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

Bloom Energy'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)
=	(664.593	+	0.75 * 340.74	+	0.5 * 502.515	-	1893.007
-	0	-	18.592)	/	224.718
=	-3.29

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.

Bloom Energy Accounts Receivable Related Terms

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Bloom Energy (Bloom Energy) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Bloom Energy Corp (NYSE:BE) » Definitions » Accounts Receivable

Comparable Companies

Traded in Other Exchanges

BE:Mexico 1ZB:Germany 1ZB:Germany 1ZB:Germany BE:Austria

Address

4353 North First Street, San Jose, CA, USA, 95134

Website

https://www.bloomenergy.com

Bloom Energy designs, manufactures, sells, and installs solid-oxide fuel cell systems ("Energy Servers") for on-site power generation. Bloom Energy Servers are fuel-flexible and can use natural gas, biogas, and hydrogen to create 24/7 electricity for stationary applications. In 2021, the company announced plans to leverage its technology and enter the electrolyzer market. Bloom primarily sells its systems in the United States and South Korea.

Executives

Guillermo Brooks	officer: EVP, Sales - Americas	4353 NORTH FIRST STREET, SAN JOSE CA 95134
Shawn Marie Soderberg	officer: EVP, GC & Secretary	1000 ALFRED NOBEL DRIVE, HERCULES CA 94547
Sharelynn Faye Moore	officer: EVP, Chief Marketing Officer	424 W. HIGH DRIVE, SPOKANE WA 99203
Cynthia J Warner	director	1925 WEST FIELD COURT, SUITE 200, LAKE FOREST IL 60045
Kr Sridhar	director, officer: Chairman & CEO	1299 ORLEANS DRIVE, SUNNYVALE CA 94089
Glen Griffiths	officer: EVP, Services	4353 NORTH FIRST STREET, SAN JOSE CA 95134
Gregory D Cameron	officer: See Remarks	4353 NORTH FIRST STREET, SAN JOSE CA 95134
Eddy Zervigon	director	1601 DRY CREEK DRIVE, SUITE 260, LONGMONT CO 80503
Jeffrey R Immelt	director	GENERAL ELECTRIC COMPANY, 41 FARNSWORTH STREET, BOSTON MA 02210
John T Chambers	director	170 W. TASMAN DR., SAN JOSE CA 95134-1706
Michael J Boskin	director	C/O RIPPLEWOOD HOLDINGS LLC, ONE ROCKERFELLER PLAZA, NEW YORK NY 10020
Mary K Bush	director	3509 WOODBINE STREET, CHEVY CHASE MD 20815
Swaminathan Venkataraman	officer: EVP of Engineering and CTO	1299 ORLEANS DRIVE, SUNNYVALE CA 94089
Sk Ecoplant Co., Ltd.	10 percent owner	19 YULGOK-RO 2-GIL, JONGNO-GU, SEOUL M5 03149
Susan Seilheimer Brennan	officer: EVP and COO	1299 ORLEANS DRIVE, SUNNYVALE CA 94089