SMXT (SolarMax Technology) Accounts Receivable: $12.28 Mil (As of Mar. 2026)

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SMXT SolarMax Technology Inc SMXT
17 GF Score
Price $3.83
! 5 Warning Signs
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What is SolarMax Technology Accounts Receivable?

SolarMax Technology SMXT -2.05% 17 Accounts Receivable is $12.28 Mil as of Mar. 2026. GuruFocus rates SMXT with a GF Score™ of 17/100. The stock has 5 warning signs investors should review.

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. SolarMax Technology's accounts receivables for the quarter that ended in Mar. 2026 was $12.28 Mil.

Accounts receivable can be measured by Days Sales Outstanding. SolarMax Technology's Days Sales Outstanding for the quarter that ended in Mar. 2026 was 75.57.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. SolarMax Technology's Net-Net Working Capital per share for the quarter that ended in Mar. 2026 was $-21.77.


SolarMax Technology 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.

SolarMax Technology's Days Sales Outstanding for the quarter that ended in Mar. 2026 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=12.283/14.831*91
=75.57

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

SolarMax Technology's Net-Net Working Capital Per Share for the quarter that ended in Mar. 2026 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)
=(4.307+0.75 * 12.283+0.5 * 1.718-117.602
-0-0)/4.742
=-21.77

* 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.


SolarMax Technology Accounts Receivable Related Terms


SolarMax Technology Accounts Receivable Historical Data

* Premium members only.

The historical data trend for SolarMax Technology'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.

SolarMax Technology Accounts Receivable Chart

SolarMax Technology Annual Data
Trend Dec16 Dec17 Dec18 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only 3.21 5.93 4.18 4.23 12.94

SolarMax Technology Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 4.28 3.46 13.39 12.94 12.28
SMXT
17GF Score
SolarMax Technology Inc SMXT
Accounts Receivable is just one metric. See GF Score™, valuation, warning signs, and more.
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SolarMax Technology 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 $12.28 Mil mean?
SolarMax Technology (SMXT) has a Accounts Receivable of $12.28 Mil as of Mar. 2026. Accounts receivable is the amount a company expects to receive from credit-extending customers. View historical data on SolarMax Technology and its competitors.
Is SolarMax Technology's Accounts Receivable too high?
SolarMax Technology's current Accounts Receivable is $12.28 Mil. Overall, SolarMax Technology has a GF Score™ of 17/100, reflecting its overall financial health beyond just this single metric.
How does SolarMax Technology's Accounts Receivable compare to ZEO and BEEM?
SolarMax Technology's Accounts Receivable of $12.28 Mil can be compared against companies in the Semiconductors 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 Semiconductors company?
A good Accounts Receivable depends on the Semiconductors 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 SolarMax Technology and its competitors. SolarMax Technology's current Accounts Receivable is $12.28 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SolarMax Technology stock overvalued right now?
SolarMax Technology (SMXT) has a current Accounts Receivable of $12.28 Mil. The current Accounts Receivable is $12.28 Mil. SolarMax Technology's overall GF Score™ is 17/100 with 5 warning signs to review. 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 SolarMax Technology (SMXT), the current Accounts Receivable is $12.28 Mil as of Mar. 2026. 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.

SolarMax Technology Business Description

Other Exchanges 6W1:Germany
Address 3080 12th Street, Riverside, CA, USA, 92507
SolarMax Technology Inc is an integrated solar and renewable energy company. The United States business includes the sale and installation of photovoltaic and battery backup systems. China operations consist of operating and maintaining solar farm projects and identifying and procuring solar farm projects for resale to third parties. Some of its products are LG Solar Panels, Q-CELL Solar Panels, Panasonic Solar Panels, and others. The company generates a majority of its revenue from solar energy systems.
17GF Score

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Accounts Receivable is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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