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SCI Engineered Materials (SCI Engineered Materials) Accounts Receivable : $0.86 Mil (As of Dec. 2023)


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What is SCI Engineered Materials Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. SCI Engineered Materials's accounts receivables for the quarter that ended in Dec. 2023 was $0.86 Mil.

Accounts receivable can be measured by Days Sales Outstanding. SCI Engineered Materials's Days Sales Outstanding for the quarter that ended in Dec. 2023 was 11.10.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. SCI Engineered Materials's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was $0.69.


SCI Engineered Materials Accounts Receivable Historical Data

The historical data trend for SCI Engineered Materials'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.

SCI Engineered Materials Accounts Receivable Chart

SCI Engineered Materials 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 0.35 0.46 0.43 0.84 0.86

SCI Engineered Materials Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 0.84 0.82 1.04 1.22 0.86

SCI Engineered Materials Accounts Receivable Calculation

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


SCI Engineered Materials 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.

SCI Engineered Materials's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0.855/7.029*91
=11.10

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

SCI Engineered Materials's Net-Net Working Capital Per Share for the quarter that ended in Dec. 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)
=(6.674+0.75 * 0.855+0.5 * 4.654-6.506
-0-0)/4.53021
=0.69

* 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.


SCI Engineered Materials Accounts Receivable Related Terms

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SCI Engineered Materials (SCI Engineered Materials) Business Description

Traded in Other Exchanges
N/A
Address
2839 Charter Street, Columbus, OH, USA, 43228
SCI Engineered Materials Inc is a supplier and manufacturer of advanced materials for physical vapor deposition (PVD) thin-film applications. The company is focused on markets within the PVD industry including Aerospace, Automotive, Defense, Glass, Optical Coatings, and Solar. The Company develops innovative customized solutions enabling commercial success through collaboration with end users and Original Equipment Manufacturers. Its products consist of Sputtering targets, Evaporation materials, Ceramic powders, and Substrates. Additionally, it offers various services such as advanced ceramic powders, vacuum hot pressing, machining, bonding, and many more.
Executives
Laura F Shunk 10 percent owner 8300 MULBERRY ROAD, P.O. BOX 490, CHESTERLAND OH 44026
Edward W Ungar director 1145 CHESAPEAKE AVE, COLUMBUS OH 43212
Jeremiah Ray Young officer: PRESIDENT 893 THAYER DRIVE, GAHANNA OH 43230
Emily Lu director 3720 CANTERBURY CT, BOCA RATON FL 33434
John P Gilliam director 862 MOON GLOW CT, GAHANNA OH 43230
Wickersham Charles Edward Jr director 517 ARDEN RD, COLUMBUS OH 43214
Daniel Rooney director, officer: President and CEO 1145 CHESAPEAKE AVE, COLUMBUS OH 43212
Investments Sa Windcom 10 percent owner
Daniel A Funk 10 percent owner PORTER, WRIGHT, MORRIS & ARTHUR, 41 SOUTH HIGH STREET, COLUMBUS OH 43215
Michael K Barna officer: VP Sales - Photonics 1145 CHESAPEAKE AVE., COLUMBUS OH 43212
Robert H Peitz director 217 LLOYD ROAD, ABERDEEN NJ 07747
Walter J Doyle director 1970 JEWETT ROAD, POWELL OH 43065
Baker Robert J Jr director 1145 CHESAPEAKE AVE, COLUMBUS OH 43212
Curtis A Loveland 10 percent owner, officer: Secretary PORTER WRIGHT MORRIS & ARTHUR, 41 SOUTH HIGH STREET, COLUMBUS OH 43215
Scott S Campbell officer: Technical Director 1145 CHESAPEAKE AVENUE, COLUMBUS OH 43212