TSPG (TGI Solar Power Group) Accounts Receivable: $0.00 Mil (As of Jul. 2023)

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What is TGI Solar Power Group Accounts Receivable?

TGI Solar Power Group TSPG +11.11% Accounts Receivable is $0.00 Mil as of Jul. 2023.

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. TGI Solar Power Group's accounts receivables for the quarter that ended in Jul. 2023 was $0.00 Mil.

Accounts receivable can be measured by Days Sales Outstanding. TGI Solar Power Group's Days Sales Outstanding for the quarter that ended in Jul. 2023 was 0.00.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. TGI Solar Power Group's Net-Net Working Capital per share for the quarter that ended in Jul. 2023 was $-0.00.

TGI Solar 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.

TGI Solar Power Group's Days Sales Outstanding for the quarter that ended in Jul. 2023 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0/0.023*91
=0.00

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

TGI Solar Power Group's Net-Net Working Capital Per Share for the quarter that ended in Jul. 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)
=(0+0.75 * 0+0.5 * 0-1.009
-0.012-0)/1705.036
=-0.00

* 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.

TGI Solar Power Group Accounts Receivable Related Terms

TGI Solar Power Group Accounts Receivable Historical Data

* Premium members only.

The historical data trend for TGI Solar 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.

TGI Solar Power Group Accounts Receivable Chart

TGI Solar Power Group Annual Data
Trend Jul15 Jul16 Jul17 Jul22 Jul23
Accounts Receivable
0.00 0.00 0.00 0.00 0.00

TGI Solar Power Group Semi-Annual Data
Jul15 Jul16 Jul17 Jul22 Jul23
Accounts Receivable 0.00 0.00 0.00 0.00 0.00

TGI Solar 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 $0.00 Mil mean?
TGI Solar Power Group (TSPG) has a Accounts Receivable of $0.00 Mil as of Jul. 2023. Accounts receivable is the amount a company expects to receive from credit-extending customers. View historical data on TGI Solar Power Group and its competitors.
Is TGI Solar Power Group's Accounts Receivable too high?
TGI Solar Power Group's current Accounts Receivable is $0.00 Mil.
How does TGI Solar Power Group's Accounts Receivable compare to ASTI and PTOS?
TGI Solar Power Group's Accounts Receivable of $0.00 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 TGI Solar Power Group and its competitors. TGI Solar Power Group's current Accounts Receivable is $0.00 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is TGI Solar Power Group stock overvalued right now?
TGI Solar Power Group (TSPG) has a current Accounts Receivable of $0.00 Mil. The current Accounts Receivable is $0.00 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 TGI Solar Power Group (TSPG), the current Accounts Receivable is $0.00 Mil as of Jul. 2023. 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.

TGI Solar Power Group Business Description

Address 1801 North East 123rd Street, North Miami, FL, USA, 33181
TGI Solar Power Group Inc is a diversified holding company. The company offers its products and services to clients of various countries and maintains JVs and strategic alliances with installation, integration and energy consulting firms. It focuses on acquiring and developing patented technologies and processes with commercial value.