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Znergy (Znergy) Accounts Receivable : $0.09 Mil (As of Sep. 2019)


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What is Znergy Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Znergy's accounts receivables for the quarter that ended in Sep. 2019 was $0.09 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Znergy's Days Sales Outstanding for the quarter that ended in Sep. 2019 was 8.14.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Znergy's Net-Net Working Capital per share for the quarter that ended in Sep. 2019 was $-0.01.


Znergy Accounts Receivable Historical Data

The historical data trend for Znergy'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.

Znergy Accounts Receivable Chart

Znergy Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18
Accounts Receivable
Get a 7-Day Free Trial - - 0.08 0.11 -

Znergy Quarterly Data
Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19
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 0.06 - 0.01 0.11 0.09

Znergy Accounts Receivable Calculation

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


Znergy 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.

Znergy's Days Sales Outstanding for the quarter that ended in Sep. 2019 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0.089/0.998*91
=8.14

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

Znergy's Net-Net Working Capital Per Share for the quarter that ended in Sep. 2019 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)
=(0.222+0.75 * 0.089+0.5 * 0.351-3.803
-0-0)/288.125
=-0.01

* 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.


Znergy Accounts Receivable Related Terms

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Znergy (Znergy) Business Description

Traded in Other Exchanges
N/A
Address
808 A South Huntington Street, Suite G, Syracuse, IN, USA, 46567
Znergy Inc is a provider of energy-efficient lighting products, lighting controls and energy management solutions. The company offers a full turn-key lighting solution which includes economic assessments, and energy efficient analysis.
Executives
Kevin Harrington director 14044 ICOT BLVD., CLEARWATER FL 33760

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