APGI (American Power Group) Accounts Receivable: $0.23 Mil (As of Jun. 2017)

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What is American Power Group Accounts Receivable?

American Power Group APGI -13.04% Accounts Receivable is $0.23 Mil as of Jun. 2017.

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. American Power Group's accounts receivables for the quarter that ended in Jun. 2017 was $0.23 Mil.

Accounts receivable can be measured by Days Sales Outstanding. American Power Group's Days Sales Outstanding for the quarter that ended in Jun. 2017 was 54.70.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. American Power Group's Net-Net Working Capital per share for the quarter that ended in Jun. 2017 was $-0.14.

American Power Group 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.

American Power Group's Days Sales Outstanding for the quarter that ended in Jun. 2017 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0.229/0.382*91
=54.70

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

American Power Group's Net-Net Working Capital Per Share for the quarter that ended in Jun. 2017 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)
=(0.212+0.75 * 0.229+0.5 * 0.464-12.086
-0.001-0)/79.890
=-0.14

* 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.

American Power Group Accounts Receivable Related Terms

American Power Group Accounts Receivable Historical Data

* Premium members only.

The historical data trend for American Power Group'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.

American Power Group Accounts Receivable Chart

American Power Group Annual Data
Trend Sep07 Sep08 Sep09 Sep10 Sep11 Sep12 Sep13 Sep14 Sep15 Sep16
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.43 1.61 1.71 0.78 0.40

American Power Group Quarterly Data
Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17
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 0.26 0.40 0.55 0.57 0.23

American Power Group Accounts Receivable Calculation

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

Frequently Asked Questions Learn more about Accounts Receivable →
What does a Accounts Receivable of $0.23 Mil mean?
American Power Group (APGI) has a Accounts Receivable of $0.23 Mil as of Jun. 2017. Accounts receivable is the amount a company expects to receive from credit-extending customers. View historical data on American Power Group and its competitors.
Is American Power Group's Accounts Receivable too high?
American Power Group's current Accounts Receivable is $0.23 Mil.
How does American Power Group's Accounts Receivable compare to TNRG?
American Power Group's Accounts Receivable of $0.23 Mil can be compared against companies in the Industrial Products industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Accounts Receivable for an Industrial Products company?
A good Accounts Receivable depends on the Industrial Products industry context. However, Accounts Receivable should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Accounts Receivable mean?
A high Accounts Receivable can signal that a stock is expensive relative to its fundamentals. Accounts receivable is the amount a company expects to receive from credit-extending customers. View historical data on American Power Group and its competitors. American Power Group's current Accounts Receivable is $0.23 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is American Power Group stock overvalued right now?
American Power Group (APGI) has a current Accounts Receivable of $0.23 Mil. The current Accounts Receivable is $0.23 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Accounts Receivable calculated?
Accounts Receivable is calculated from a company's financial statements. For American Power Group (APGI), the current Accounts Receivable is $0.23 Mil as of Jun. 2017. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

American Power Group Business Description

Address 125th Avenue, No. 2204, P.O. Box 187, Algona, IA, USA, 50511
American Power Group Corp delivers alternative fuel solutions to the heavy-duty truck and stationary power generation industries. The company operates its business through two segments: Dual Fuel Conversions and Natural Gas Liquids Operations. The company offers vehicular and stationary solutions, and dual fuel conversions for marine, mining and rail applications. The company also provides flare capture and recovery services to oil and gas production companies. The geographic markets of the company include the United States and Canada. Geographically, the company receives maximum revenue from the United States.