Ascent Solar Technologies (FRA:A8M0) Receivables Turnover : 0.00 (As of Mar. 2024)

View and export this data going back to . Start your Free Trial

What is Ascent Solar Technologies Receivables Turnover?

The Receivables Turnover ratio measures the number of times a company collects its average accounts receivable balance. It is calculated as Revenue divided by average Accounts Receivable. An efficient company has a higher accounts receivable turnover ratio while an inefficient company has a lower ratio. Ascent Solar Technologies's Revenue for the three months ended in Mar. 2024 was €0.01 Mil. Ascent Solar Technologies's average Accounts Receivable for the three months ended in Mar. 2024 was €0.00 Mil.

Ascent Solar Technologies Receivables Turnover Historical Data

The historical data trend for Ascent Solar Technologies's Receivables Turnover 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.

Ascent Solar Technologies Receivables Turnover Chart

Ascent Solar Technologies Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Receivables Turnover

Get a 7-Day Free Trial

3.96

11.00

22.42

51.33

210.00

Ascent Solar Technologies Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Receivables Turnover	Get a 7-Day Free Trial															2.55	1.81	15.43	-	-

Competitive Comparison of Ascent Solar Technologies's Receivables Turnover

For the Solar subindustry, Ascent Solar Technologies's Receivables Turnover, along with its competitors' market caps and Receivables Turnover data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Ascent Solar Technologies's Receivables Turnover Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Ascent Solar Technologies's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Ascent Solar Technologies's Receivables Turnover falls into.

Ascent Solar Technologies Receivables Turnover Calculation

Receivables Turnover measures the number of times a company collects its average accounts receivable balance.

Ascent Solar Technologies's Receivables Turnover for the fiscal year that ended in Dec. 2023 is calculated as

	Receivables Turnover (A: Dec. 2023 )
=	Revenue	/	Average Total Inventories
=	Revenue (A: Dec. 2023 )	/ (	(Accounts Receivable (A: Dec. 2022 )	+	Accounts Receivable (A: Dec. 2023 ))	/	count )
=	0.42	/ (	(0.002	+	0)	/	1 )
=	0.42	/	0.002
=	210.00

Ascent Solar Technologies's Receivables Turnover for the quarter that ended in Mar. 2024 is calculated as

	Receivables Turnover (Q: Mar. 2024 )
=	Revenue	/	Average Total Inventories
=	Revenue (Q: Mar. 2024 )	/ (	(Accounts Receivable (Q: Dec. 2023 )	+	Accounts Receivable (Q: Mar. 2024 ))	/	count )
=	0.006	/ (	(0	+	0)	/	1 )
=	0.006	/	0
=	N/A

Ascent Solar Technologies (FRA:A8M0) Receivables Turnover Explanation

An efficient company has a higher accounts receivable turnover ratio while an inefficient company has a lower ratio. This metric is commonly used to compare companies within the same industry to check whether they are on par with their competitors.

Ascent Solar Technologies Receivables Turnover Related Terms

Thank you for viewing the detailed overview of Ascent Solar Technologies's Receivables Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.

Ascent Solar Technologies (FRA:A8M0) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Ascent Solar Technologies Inc (FRA:A8M0) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

ASTI:USA

Address

12300 Grant Street, Thornton, CO, USA, 80241

Website

http://www.ascentsolar.com

Ascent Solar Technologies Inc is engaged in the manufacturing and selling of photovoltaic products (PV) solar modules that are flexible, durable, and possess attractive power-to-weight and power-to-area performance. The company is integrating its PV products into scalable and high-value markets such as agrivoltaics, aerospace, satellites, near-earth orbiting vehicles, and fixed-wing unmanned aerial vehicles (UAV). Ascent is also working to expand its portable solar chargers, such as the XD-12. The company markets and sells its products through OEMs, system integrators, distributors, retailers, and e-commerce companies.

Ascent Solar Technologies (FRA:A8M0) Headlines

No Headlines