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NOS4-1 (NOS4-1) Accounts Receivable : $20.7 Mil (As of Jun. 2023)


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What is NOS4-1 Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. NOS4-1's accounts receivables for the quarter that ended in Jun. 2023 was $20.7 Mil.

Accounts receivable can be measured by Days Sales Outstanding. NOS4-1's Days Sales Outstanding for the quarter that ended in Jun. 2023 was 22.70.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. NOS4-1's Net-Net Working Capital per share for the quarter that ended in Jun. 2023 was $-2.08.


NOS4-1 Accounts Receivable Historical Data

The historical data trend for NOS4-1'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.

NOS4-1 Accounts Receivable Chart

NOS4-1 Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 22.72 38.22 27.55 35.20 31.03

NOS4-1 Quarterly Data
Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23
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 33.27 37.34 31.03 33.09 20.73

NOS4-1 Accounts Receivable Calculation

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


NOS4-1 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.

NOS4-1's Days Sales Outstanding for the quarter that ended in Jun. 2023 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=20.733/83.343*91
=22.70

2. In Ben Graham's calculation of Net-Net Working Capital (NNWC), NOS4-1's accounts receivable are only considered to be worth 75% of book value:

NOS4-1's Net-Net Working Capital Per Share for the quarter that ended in Jun. 2023 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)
=(0.046+0.75 * 20.733+0.5 * 0-72.161
-0-0)/27.2104
=-2.08

* 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.


NOS4-1 Accounts Receivable Related Terms

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NOS4-1 (NOS4-1) Business Description

Traded in Other Exchanges
Address
200 Ashford Center North, Suite 425, Atlanta, GA, USA, 30338
NOS4-1 Inc formerly Williams Industrial Services Group Inc provides a range of construction, maintenance, and support services to customers in energy, power, and industrial end markets. The services it provides are designed to improve or sustain operating efficiencies and extend the useful lives of process equipment. The company has single operating segment. The company generates majority of its revenue from United States and Canada.
Executives
Brown David A B director
Wynnefield Partners Small Cap Value Lp I 10 percent owner 450 SEVENTH AVENUE, SUITE 509, NEW YORK NY 10123
Nelson Obus director
Dawn Jenkins officer: VP, Human Resources 100 CRESCENT CENTRE PARKWAY, SUITE 1240, TUCKER GA 30084
Bruno Michael J. Jr. officer: EVP, Business Development 200 ASHFORD CENTER NORTH, SUITE 425, ATLANTA GA 30338
Damien Vassall officer: VP, Chief Financial Officer 100 CRESCENT CENTRE PARKWAY, SUITE 1240, TUCKER GA 30084
Randall R Lay officer: Senior Vice President, CFO 100 CRESCENT CENTRE PARKWAY, SUITE 1240, TUCKER GA 30084
Tracy D Pagliara officer: Chief Admin Officer, GC & Sec. 1800 GARDNER EXPRESSWAY, QUINCY IL 62305
Hruby Raymond A. Jr. officer: EVP, Business Development 100 CRESCENT CENTRE PARKWAY, SUITE 1240, TUCKER GA 30084
Mitchell I Quain director 53 FOREST AVENUE, SUITE 101, OLD GREENWICH CT 06870
Robert B Mills director 30 WOODBOURNE AVE, C/0ASSURED GUARANTY LTD, HAMILTON BERMUDA D0 0000
Matthew J Petrizzo officer: President, Energy & Industrial 100 CRESCENT CENTRE PARKWAY SUITE 1240, TUCKER GA 30084
Wynnefield Partners Small Cap Value Lp 10 percent owner 450 SEVENTH AVENUE, SUITE 509, NEW YORK NY 10123
Wynnefield Capital Management Llc 10 percent owner 450 SEVENTH AVE, STE 509, NEW YORK NY 10123
Joshua Landes 10 percent owner