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Ecoloclean Industries (Ecoloclean Industries) Accounts Receivable : $0.12 Mil (As of Jun. 2006)


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What is Ecoloclean Industries Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Ecoloclean Industries's accounts receivables for the quarter that ended in Jun. 2006 was $0.12 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Ecoloclean Industries's Days Sales Outstanding for the quarter that ended in Jun. 2006 was 148.75.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Ecoloclean Industries's Net-Net Working Capital per share for the quarter that ended in Jun. 2006 was $-0.06.


Ecoloclean Industries Accounts Receivable Historical Data

The historical data trend for Ecoloclean Industries'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.

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Ecoloclean Industries Accounts Receivable Chart

Ecoloclean Industries Annual Data
Trend Dec01 Dec02 Dec03 Dec04 Dec05
Accounts Receivable
- - 0.08 - 0.10

Ecoloclean Industries Quarterly Data
Dec01 Sep02 Dec02 Sep03 Dec03 Mar04 Jun04 Sep04 Dec04 Mar05 Jun05 Sep05 Dec05 Mar06 Jun06
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 0.02 0.09 0.10 0.10 0.12

Ecoloclean Industries Accounts Receivable Calculation

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


Ecoloclean Industries 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.

Ecoloclean Industries's Days Sales Outstanding for the quarter that ended in Jun. 2006 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0.119/0.073*91
=148.75

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

Ecoloclean Industries's Net-Net Working Capital Per Share for the quarter that ended in Jun. 2006 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)
=(0.009+0.75 * 0.119+0.5 * 0.187-3.454
-0-0)/58.0901
=-0.06

* 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.


Ecoloclean Industries Accounts Receivable Related Terms

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Ecoloclean Industries (Ecoloclean Industries) Business Description

Traded in Other Exchanges
N/A
Address
2242 South Highway #83, Crystal City, TX, USA, 78839
Ecoloclean Industries Inc is a manufacturer of water remediation products, used in industrial and municipal treatment plants and similar operations.
Executives
Michael R Ward director, 10 percent owner, officer: Secretary & Treasurer 13707 BLUFF GATE SAN ANTONIO TX 78216

Ecoloclean Industries (Ecoloclean Industries) Headlines

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