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Orion Energy Systems (Orion Energy Systems) Accounts Receivable : $15.71 Mil (As of Dec. 2023)


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What is Orion Energy Systems Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Orion Energy Systems's accounts receivables for the quarter that ended in Dec. 2023 was $15.71 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Orion Energy Systems's Days Sales Outstanding for the quarter that ended in Dec. 2023 was 55.21.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Orion Energy Systems's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was $-0.54.


Orion Energy Systems Accounts Receivable Historical Data

The historical data trend for Orion Energy Systems'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.

Orion Energy Systems Accounts Receivable Chart

Orion Energy Systems Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 14.80 10.43 13.57 11.90 13.73

Orion Energy Systems 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 13.69 13.73 14.61 16.12 15.71

Orion Energy Systems Accounts Receivable Calculation

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


Orion Energy Systems 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.

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

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=15.714/25.971*91
=55.21

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

Orion Energy Systems'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)
=(4.967+0.75 * 15.714+0.5 * 20.843-44.752
-0-0)/32.5517
=-0.54

* 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.


Orion Energy Systems Accounts Receivable Related Terms

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Orion Energy Systems (Orion Energy Systems) Business Description

Traded in Other Exchanges
Address
2210 Woodland Drive, Manitowoc, WI, USA, 54220
Orion Energy Systems Inc is a developer, manufacturer, and seller of lighting and energy management systems. The company segments include Orion Services Group (OSG), which accounts for the majority revenue; Orion Distribution Services Division (ODS); Orion U.S. Markets Division (USM); Orion Electric Vehicle Charging Systems and Corporate and Other. The OSG segment develops and sells lighting products and provides construction and engineering services for commercial lighting and energy management system also provides retailers, distributors and other businesses with maintenance, repair and replacement services for the lighting and related electrical components deployed in their facilities.
Executives
J Per Brodin officer: EVP, CFO, CAO & Treasurer
Scott A. Green officer: President-Orion Services Group 2210 WOODLAND DRIVE, MANITOWOC WI 54220
Ellen B Richstone director C/O SONUS NETWORKS, INC., 7 TECHNOLOGY PARK DRIVE, WESTFORD MA 01886
Michael H Jenkins director, officer: Chief Executive Officer 2210 WOODLAND DRIVE, MANITOWOC WI 54220
Anthony L. Otten director 2210 WOODLAND DRIVE, MANITOWOC WI 54220
Richard A Shapiro director C/O WEXFORD CAPITAL, 411 WEST PUTNAM AVE, SUITE 125, GREENWICH CT 06830
Sally A. Washlow director 6500 W. CORTLAND STREET, CHICAGO IL 60607
Heather L Wishart-smith director 2210 WOODLAND DRIVE, MANITOWOC WI 54220
Charles R. Mcdulin director 2210 WOODLAND DRIVE, MANITOWOC WI 54220
Michael W Altschaefl director ALBANY-CHICAGO COMPANY LLC, 8200 100TH STREET, PLEASANT PRAIRIE WI 53158
Michael J Potts director, officer: Executive Vice President ORION ENERGY SYSTEMS, INC., 1204 PILGRIM ROAD, PLYMOUTH WI 53073
Alan B Howe director 1155 KAS DRIVE SUITE 100, RICHARDSON TX 75081
Kenneth M Young director C/O B. RILEY FINANCIAL, INC., 21255 BURBANK BLVD., SUITE 400, WOODLAND HILLS CA 91367
William T Hull officer: Chief Financial Officer 9395 HUNT CLUB TRAIL, WARREN OH 44484
Mark C Williamson director 123 EAST MAIN STREET, SUITE 202, MADISON WI 53703

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