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Eco-Tek Group (Eco-Tek Group) Accounts Receivable : $0.08 Mil (As of Sep. 2013)


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What is Eco-Tek Group Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Eco-Tek Group's accounts receivables for the quarter that ended in Sep. 2013 was $0.08 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Eco-Tek Group's Days Sales Outstanding for the quarter that ended in Sep. 2013 was 55.95.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Eco-Tek Group's Net-Net Working Capital per share for the quarter that ended in Sep. 2013 was $-0.01.


Eco-Tek Group Accounts Receivable Historical Data

The historical data trend for Eco-Tek Group'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.

Eco-Tek Group Accounts Receivable Chart

Eco-Tek Group Annual Data
Trend Jun09 Jun10 Jun11 Dec12
Accounts Receivable
- - - 0.04

Eco-Tek Group Quarterly Data
Dec08 Mar09 Jun09 Sep09 Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13
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 0.04 0.04 0.05 0.08

Eco-Tek Group Accounts Receivable Calculation

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


Eco-Tek Group 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.

Eco-Tek Group's Days Sales Outstanding for the quarter that ended in Sep. 2013 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0.084/0.137*91
=55.95

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

Eco-Tek Group's Net-Net Working Capital Per Share for the quarter that ended in Sep. 2013 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)
=(0.012+0.75 * 0.084+0.5 * 0.027-1.345
-0-0)/251.153
=-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.


Eco-Tek Group Accounts Receivable Related Terms

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Eco-Tek Group (Eco-Tek Group) Business Description

Traded in Other Exchanges
N/A
Address
1910 Thomes Avenue, Cheyenne, WY, USA, 82001
Eco-Tek Group Inc is a shell company. The company currently has no operations.

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