GURUFOCUS.COM » STOCK LIST » Industrials » Waste Management » CES Synergies Inc (OTCPK:CESX) » Definitions » Accounts Receivable

CES Synergies (CES Synergies) Accounts Receivable : $3.81 Mil (As of Mar. 2017)


View and export this data going back to 2013. Start your Free Trial

What is CES Synergies Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. CES Synergies's accounts receivables for the quarter that ended in Mar. 2017 was $3.81 Mil.

Accounts receivable can be measured by Days Sales Outstanding. CES Synergies's Days Sales Outstanding for the quarter that ended in Mar. 2017 was 109.55.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. CES Synergies's Net-Net Working Capital per share for the quarter that ended in Mar. 2017 was $-0.13.


CES Synergies Accounts Receivable Historical Data

The historical data trend for CES Synergies'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.

CES Synergies Accounts Receivable Chart

CES Synergies Annual Data
Trend Mar12 Mar13 Dec14 Dec15 Dec16
Accounts Receivable
- - 6.37 4.60 4.71

CES Synergies Quarterly Data
Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17
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 4.00 3.74 4.33 4.71 3.81

CES Synergies Accounts Receivable Calculation

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


CES Synergies 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.

CES Synergies's Days Sales Outstanding for the quarter that ended in Mar. 2017 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=3.808/3.172*91
=109.55

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

CES Synergies's Net-Net Working Capital Per Share for the quarter that ended in Mar. 2017 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)
=(0.006+0.75 * 3.808+0.5 * 0.085-8.875
-0-0)/47.3005
=-0.13

* 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.


CES Synergies Accounts Receivable Related Terms

Thank you for viewing the detailed overview of CES Synergies's Accounts Receivable provided by GuruFocus.com. Please click on the following links to see related term pages.


CES Synergies (CES Synergies) Business Description

Traded in Other Exchanges
N/A
Address
39646 Fig Street, P.O. Box 1299, Crystal Springs, NV, USA, 33524
CES Synergies Inc is a United States of America based company. It is engaged in providing services like asbestos and lead abatement, hazardous materials removal, mold remediation and prevention, indoor air quality and duct cleaning, interior selective demolition, underground storage tank removal, concrete crushing, and demolition and wrecking. The company operates in three business segments that are Remediation, Demolition, and Insulation. The Remediation and Demolition segment generates maximum revenue for the company.

CES Synergies (CES Synergies) Headlines

No Headlines