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EnerTeck (EnerTeck) Accounts Receivable : $0.01 Mil (As of Sep. 2023)


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What is EnerTeck Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. EnerTeck's accounts receivables for the quarter that ended in Sep. 2023 was $0.01 Mil.

Accounts receivable can be measured by Days Sales Outstanding. EnerTeck's Days Sales Outstanding for the quarter that ended in Sep. 2023 was 27.04.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. EnerTeck's Net-Net Working Capital per share for the quarter that ended in Sep. 2023 was $-0.35.


EnerTeck Accounts Receivable Historical Data

The historical data trend for EnerTeck'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.

EnerTeck Accounts Receivable Chart

EnerTeck 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 0.01 0.01 0.04 - 0.01

EnerTeck Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 0.02 0.01 - - 0.01

EnerTeck Accounts Receivable Calculation

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


EnerTeck 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.

EnerTeck's Days Sales Outstanding for the quarter that ended in Sep. 2023 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0.008/0.027*91
=27.04

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

EnerTeck's Net-Net Working Capital Per Share for the quarter that ended in Sep. 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)
=(0.001+0.75 * 0.008+0.5 * 0.183-12.98
-0-0)/36.3807
=-0.35

* 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.


EnerTeck Accounts Receivable Related Terms

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EnerTeck (EnerTeck) Business Description

Traded in Other Exchanges
N/A
Address
10701 Corporate Drive, Suite 150, Stafford, TX, USA, 77477
EnerTeck Corp is engaged in the business of manufacturing and marketing a fuel borne catalytic engine treatment called EnerBurn for diesel engines. The company mainly serves the trucking, heavy construction, maritime shipping, railroad, and mining industries. Its products and services include the diesel fuel additive product line and EnerBurn Combustion Catalyst for diesel fuel engines. Its EnerBurn is a liquid, chemical formulation, under the product codes differentiated by market application and product concentration, EnerBurn EC5931A, EnerBurn EC5805A, and EnerBurn EC5805C. The company generated the majority of the revenues from the sale of EnerBurn to oilfield service, heavy construction, and mining industries.
Executives
Jack Douglas Cowles director 30 LANSDOWNE DRIVE, LARCHMONT NY 10538
Richard Dicks officer: Chief Financial Officer 10701 CORPORATE DRIVE, SUITE 150, STAFFORD CA 77477
Gary Byron Aman director 6119 APPLE VALLEY LANE, HOUSTON TX 77069
Darrell Dwaine Reese director, 10 percent owner, officer: Chief Executive Officer 2206 COUNTRY CREEK WAY, RICHMOND TX 77469-6639
Thomas Donino director, 10 percent owner 7 LAKESIDE DRIVE, RYE NY 10580
Batl Bioenergy Llc 10 percent owner 7 LAKESIDE DRIVE, RYE NY 10580
Batl Management Lp 10 percent owner 7 LAKESIDE DRIVE, RYE NY 10580
Stanley Crow officer: President 1410 ANDOVER STREET, LIVINGSTON TX 77351
Parrish Brian Ketchmark director, 10 percent owner, officer: President P.O. BOX 256, NORWOOD NJ 07648-0256