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Powin Energy (Powin Energy) Accounts Receivable : $0.04 Mil (As of Sep. 2018)


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What is Powin Energy Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Powin Energy's accounts receivables for the quarter that ended in Sep. 2018 was $0.04 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Powin Energy's Days Sales Outstanding for the quarter that ended in Sep. 2018 was 0.81.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Powin Energy's Net-Net Working Capital per share for the quarter that ended in Sep. 2018 was $-0.44.


Powin Energy Accounts Receivable Historical Data

The historical data trend for Powin 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.

* Premium members only.

Powin Energy Accounts Receivable Chart

Powin Energy Annual Data
Trend Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only 1.78 2.27 0.02 0.01 0.01

Powin Energy Quarterly Data
Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18
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 0.01 0.01 0.04 0.01 0.04

Powin Energy Accounts Receivable Calculation

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


Powin 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.

Powin Energy's Days Sales Outstanding for the quarter that ended in Sep. 2018 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0.038/4.291*91
=0.81

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

Powin Energy's Net-Net Working Capital Per Share for the quarter that ended in Sep. 2018 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)
=(0.456+0.75 * 0.038+0.5 * 2.423-21.774
-0-0)/45.2631
=-0.44

* 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.


Powin Energy Accounts Receivable Related Terms

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Powin Energy (Powin Energy) Business Description

Traded in Other Exchanges
N/A
Address
20550 South West 115th Avenue, Tualatin, OR, USA, 97062
Powin Energy Corp is a designer and developer of safe and scalable energy storage solutions for utilities and microgrid. The company is focused on the rapidly growing advanced energy storage industry, supported by its patented Battery Pack Operating System. The company's BESS is the battery storage system gives multi-layer visibility into the health of their energy storage system - down to the cell level - through its patented Battery Pack Operating System. It is also the only portable large-scale energy storage system, giving facilities managers unprecedented flexibility in how, where, and when their storage system is deployed.
Executives
Craig S. Eastwood officer: Chief Financial Officer 1111 MAIN STREET, SUITE 660, VANCOUVER WA 98660

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