Accounts Receivable

9 Months Ended

Jul. 31, 2013

Accounts receivable at July 31, 2013 and October 31, 2012 consisted of the following:



	July 31, 2013		October 31, 2012
U.S. Government:
Amount billed	$	342	$	20
Unbilled recoverable costs	1,122		890
	1,464		910
Commercial Customers:
Amount billed	19,723		18,786
Unbilled recoverable costs	19,163		6,288
	38,886		25,074
	$	40,350	$	25,984

We bill customers for power plant and module kit sales based on certain milestones being reached. We bill SA's based on the contract price and billing terms of the contracts. The majority of advanced technology contracts are with the U.S. Government. We bill the U.S. Government based on actual recoverable costs incurred, typically in the month subsequent to incurring costs. The remainder of advanced technology contracts are billed based on milestones or costs incurred. Included in Commercial Customers accounts receivable are amounts due from POSCO of $13.8 million and $18.1 million at July 31, 2013 and October 31, 2012, respectively. 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 $0.6 million at July 31, 2013 and October 31, 2012.

- Definition

The entire disclosure for claims held for amounts due a entity, excluding financing receivables. Examples include, but are not limited to, trade accounts receivables, notes receivables, loans receivables. Includes disclosure for allowance for credit losses.

+ References+ Details