Accounts Receivable

3 Months Ended

Jan. 31, 2015

Receivables [Abstract]

Accounts Receivable

Accounts Receivable

Accounts receivable as of January 31, 2015 and October 31, 2014 consisted of the following:

	January 31, 2015		October 31, 2014
Advanced Technology (including U.S. Government(1)):
Amount billed	$	855	$	2,517
Unbilled recoverable costs	4,973		2,886
	5,828		5,403
Commercial Customers:
Amount billed	10,566		8,871
Unbilled recoverable costs	44,234		50,101
	54,800		58,972
Accounts receivable, net	$	60,628	$	64,375

(1) Total U.S. Government accounts receivable outstanding as of January 31, 2015 and October 31, 2014 was $3.0 million and $1.7 million, respectively.

We bill customers for power plant and module kit sales based on certain contractual milestones being reached. We bill service agreements based on the contract price and billing terms of the contracts. Generally, our advanced technology contracts are billed based on actual recoverable costs incurred, typically in the month subsequent to incurring costs. Some advanced technology contracts are billed based on contractual milestones or costs incurred. Unbilled recoverable costs relate to revenue recognized on customer contracts that have not been billed. Accounts receivable are presented net of an allowance for doubtful accounts of $0.1 million as of January 31, 2015 and October 31, 2014.

Commercial Customers accounts receivable (including Unbilled recoverable costs) included amounts due from POSCO Energy of $20.5 million and $29.9 million as of January 31, 2015 and October 31, 2014, respectively and amounts due from NRG and NRG Yield of $6.9 million as of January 31, 2015. There were no amounts outstanding from NRG as of October 31, 2014.