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Energy Recovery (Energy Recovery) Accounts Receivable : $25.1 Mil (As of Mar. 2024)


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What is Energy Recovery Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Energy Recovery's accounts receivables for the quarter that ended in Mar. 2024 was $25.1 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Energy Recovery's Days Sales Outstanding for the quarter that ended in Mar. 2024 was 189.10.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Energy Recovery's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was $2.16.


Energy Recovery Accounts Receivable Historical Data

The historical data trend for Energy Recovery'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.

Energy Recovery Accounts Receivable Chart

Energy Recovery Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 12.98 11.79 20.62 34.06 46.94

Energy Recovery Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 11.58 15.36 23.34 46.94 25.06

Energy Recovery Accounts Receivable Calculation

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


Energy Recovery 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.

Energy Recovery's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=25.055/12.09*91
=189.10

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

Energy Recovery's Net-Net Working Capital Per Share for the quarter that ended in Mar. 2024 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)
=(117.358+0.75 * 25.055+0.5 * 31.671-28.228
-0-0)/57.3294
=2.16

* 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.


Energy Recovery Accounts Receivable Related Terms

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Energy Recovery (Energy Recovery) Business Description

Traded in Other Exchanges
Address
1717 Doolittle Drive, San Leandro, CA, USA, 94577
Energy Recovery Inc is an engineering-driven technology company. It is engaged in engineering, designing, manufacturing and supplying solutions that make industrial processes more efficient and sustainable. The company operates in three segments, Water, Emerging Technologies and Corporate. It offers energy recovery devices (ERDs) and pumps as well as related products and services to the global reverse osmosis desalination market. The company derives a majority of the revenue from the Water segment. Geographically, the company operates in the U.S. and other international countries.
Executives
Joshua Ballard officer: Chief Financial Officer 1717 DOOLITTLE DRIVE, SAN LEANDRO CA 94577
Joan Kai Chow director 215 W DIEHL ROAD, NAPERVILLE IL 60563
Sabol Colin R director 9921 MONTIANO DRIVE, NAPLES FL 34113
David W Moon director 2800 BELCLAIRE DRIVE, FRISCO TX 75034
Mao Robert Yu Lang director 2218 JACKSON AVENUE, APT 718, LONG ISLAND NY 11101
Pamela L. Tondreau director 198 CHAMPION COURT, SAN JOSE CA 95134
Farshad Ghasripoor officer: Chief Technology Officer 1717 DOOLITTLE DRVIE, SAN LEANDRO CA 94577
William Yeung officer: General Counsel 1717 DOOLITTLE DRIVE, SAN LEANDRO CA 94577
Rodney Clemente officer: VP, Global Desalination Sales 1717 DOOLITTLE DRIVE, SAN LEANDRO CA 94577
Arve Hanstveit director C/O ENERGY RECOVERY, INC., 1908 DOOLITTLE DRIVE, SAN LEANDRO CA 94577
Lisa A Pollina director 950 N. MICHIGAN AVENUE, UNIT 2305, CHICAGO IL 60611
Sherif Foda director C/O SCHLUMBERGER LIMITED, 5599 SAN FELIPE, 17TH FLOOR, HOUSTON TX 77056
Alexander J Buehler director C/O INSITUFORM TECHNOLOGIES, INC., 17988 EDISON AVENUE, CHESTERFIELD MO 63005
Ole Peter Lorentzen 10 percent owner POSTBOKS A, BYGD0Y, OSLO Q8 0211
Emily Smith officer: VP, Marketing 1717 DOOLITTLE DRIVE, SAN LEANDRO CA 94577