SCST (Suncast Solar Energy) Accounts Receivable: $0.14 Mil (As of Dec. 2008)

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What is Suncast Solar Energy Accounts Receivable?

Suncast Solar Energy SCST Accounts Receivable is $0.14 Mil as of Dec. 2008.

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Suncast Solar Energy's accounts receivables for the quarter that ended in Dec. 2008 was $0.14 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Suncast Solar Energy's Days Sales Outstanding for the quarter that ended in Dec. 2008 was 27.68.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Suncast Solar Energy's Net-Net Working Capital per share for the quarter that ended in Dec. 2008 was $-0.04.

Suncast Solar 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.

Suncast Solar Energy's Days Sales Outstanding for the quarter that ended in Dec. 2008 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0.138/0.455*91
=27.68

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

Suncast Solar Energy's Net-Net Working Capital Per Share for the quarter that ended in Dec. 2008 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)
=(0.067+0.75 * 0.138+0.5 * 0-3.097
-0.01-0)/69.030
=-0.04

* 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.

Suncast Solar Energy Accounts Receivable Related Terms

Suncast Solar Energy Accounts Receivable Historical Data

* Premium members only.

The historical data trend for Suncast Solar 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.

Suncast Solar Energy Accounts Receivable Chart

Suncast Solar Energy Annual Data
Trend Jun99 Dec00 Dec01 Dec02 Dec03 Dec04 Dec05 Dec06 Dec07 Dec08
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.70 0.77 0.20 0.14

Suncast Solar Energy Quarterly Data
Jun03 Sep03 Dec03 Mar04 Jun04 Sep04 Dec04 Dec05 Mar06 Jun06 Sep06 Dec06 Mar07 Jun07 Sep07 Dec07 Mar08 Jun08 Sep08 Dec08
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 0.20 0.84 0.96 0.88 0.14

Suncast Solar Energy 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 $0.14 Mil mean?
Suncast Solar Energy (SCST) has a Accounts Receivable of $0.14 Mil as of Dec. 2008. Accounts receivable is the amount a company expects to receive from credit-extending customers. View historical data on Suncast Solar Energy and its competitors.
Is Suncast Solar Energy's Accounts Receivable too high?
Suncast Solar Energy's current Accounts Receivable is $0.14 Mil.
How does Suncast Solar Energy's Accounts Receivable compare to ECEZ and CESX?
Suncast Solar Energy's Accounts Receivable of $0.14 Mil can be compared against companies in the Waste Management 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 a Waste Management company?
A good Accounts Receivable depends on the Waste Management 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 Suncast Solar Energy and its competitors. Suncast Solar Energy's current Accounts Receivable is $0.14 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Suncast Solar Energy stock overvalued right now?
Suncast Solar Energy (SCST) has a current Accounts Receivable of $0.14 Mil. The current Accounts Receivable is $0.14 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 Suncast Solar Energy (SCST), the current Accounts Receivable is $0.14 Mil as of Dec. 2008. 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.

Suncast Solar Energy Business Description

Address 1550 Larimer Street, 306, Denver, CO, USA, 80202
Suncast Solar Energy Inc provides environmental testing and other services within the United States.