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Do you consider a stock's sales trends when choosing among names? Sales are the primary source of profits, so a sales analysis should be high on your checklist. To illustrate, we ran a screen.

We began by creating a universe of stocks that either use or produce clean sources of energy, then we screened that universe for those stocks with strong sales trends, comparing growth in revenue to growth in accounts receivable. Since accounts receivable is the portion of revenue not yet received, and there is no guarantee the money will ever be received, the smaller the portion of revenue made up of receivables the healthier the company's revenue.

We screened for stocks seeing faster growth in revenue than accounts receivable year-over-year, as well as accounts receivable comprising a smaller portion of current assets over the same time period.

For an interactive version of this chart, click on the image below. Analyst ratings sourced from Zacks Investment Research.

Tool provided by Kapitall. More investing ideas on Kapitall Wire.

Do you think these companies are poised to move higher? Use this list as a starting point for your own analysis.

List sorted by increase in revenue over the last year.

1. Heritage-Crystal Clean, Inc (HCCI): Provides industrial and hazardous waste services to small and mid-sized customers in the United States. Market cap at $310.27M, most recent closing price at $17.42. Revenue grew by 94.78% during the most recent quarter ($62.27M vs. $31.97M y/y). Accounts receivable grew by 50.94% during the same time period ($25.72M vs. $17.04M y/y). Receivables, as a percentage of current assets, decreased from 37.58% to 23.77% during the most recent quarter (comparing 13 weeks ending 2012-06-16 to 13 weeks ending 2011-06-18).

2. Ormat Technologies Inc. (ORA): Engages in the geothermal and recovered energy power business worldwide. Market cap at $817.74M, most recent closing price at $18.02. Revenue grew by 35.3% during the most recent quarter ($132.35M vs. $97.82M y/y). Accounts receivable grew by -33.18% during the same time period ($52.03M vs. $77.87M y/y). Receivables, as a percentage of current assets, decreased from 33.71% to 18.89% during the most recent quarter (comparing 3 months ending 2012-03-31 to 3 months ending 2011-03-31).

3. Federal Signal Corp. (FSS): Designs and manufactures a suite of products and integrated solutions for municipal, governmental, industrial, and commercial customers worldwide. Market cap at $352.62M, most recent closing price at $5.69. Revenue grew by 29.38% during the most recent quarter ($224.6M vs. $173.6M y/y). Accounts receivable grew by 8.36% during the same time period ($127M vs. $117.2M y/y). Receivables, as a percentage of current assets, decreased from 43.34% to 43.29% during the most recent quarter (comparing 3 months ending 2012-03-31 to 3 months ending 2011-03-31).

4. Power-One Inc. (PWER): Designs, manufactures, and markets power conversion and power management solutions for the renewable energy (RE), communications infrastructure, and other technology markets. Market cap at $609.8M, most recent closing price at $5.14. Revenue grew by 23.52% during the most recent quarter ($321.52M vs. $260.3M y/y). Accounts receivable grew by 8.69% during the same time period ($265.73M vs. $244.48M y/y). Receivables, as a percentage of current assets, decreased from 41.69% to 37.49% during the most recent quarter (comparing 13 weeks ending 2012-07-01 to 13 weeks ending 2011-07-03).

5. FMC Corp. (FMC): Provides solutions, applications, and products for agricultural, consumer, and industrial markets. Market cap at $7.5B, most recent closing price at $53.49. Revenue grew by 18.33% during the most recent quarter ($940.7M vs. $795M y/y). Accounts receivable grew by 7.93% during the same time period ($1,051.1M vs. $973.9M y/y). Receivables, as a percentage of current assets, decreased from 56.7% to 54.09% during the most recent quarter (comparing 3 months ending 2012-03-31 to 3 months ending 2011-03-31).

6. Shaw Group Inc. (SHAW): Provides technology, engineering, procurement, construction, maintenance, fabrication, manufacturing, consulting, remediation, and facilities management services to multinational and national oil companies, industrial corporations, regulated utilities, independent and merchant power producers, and government agencies worldwide. Market cap at $2.57B, most recent closing price at $39.13. Revenue grew by 4.75% during the most recent quarter ($1,560.77M vs. $1,489.96M y/y). Accounts receivable grew by -28.64% during the same time period ($577.81M vs. $809.73M y/y). Receivables, as a percentage of current assets, decreased from 19.78% to 15.38% during the most recent quarter (comparing 3 months ending 2012-05-31 to 3 months ending 2011-05-31).

*Accounting data sourced from Google Finance, all other data sourced from Finviz.

Source: 6 Clean Energy Stocks With Strong Sales Trends