Ecolomondo (Ecolomondo) Accounts Receivable : $0.00 Mil (As of Mar. 2024)

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What is Ecolomondo Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Ecolomondo's accounts receivables for the quarter that ended in Mar. 2024 was $0.00 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Ecolomondo's Days Sales Outstanding for the quarter that ended in Mar. 2024 was 0.00.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Ecolomondo's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was $-0.15.

Ecolomondo Accounts Receivable Historical Data

The historical data trend for Ecolomondo'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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Ecolomondo Accounts Receivable Chart

Ecolomondo Annual Data

Trend

Sep16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Receivable

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Ecolomondo 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															-	-	-	-	-

Ecolomondo Accounts Receivable Calculation

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

Ecolomondo 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.

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

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	0	/	0.081	*	91
=	0.00

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

Ecolomondo'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)
=	(0.004	+	0.75 * 0	+	0.5 * 0	-	32.762
-	0	-	0)	/	214.683
=	-0.15

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.

Ecolomondo Accounts Receivable Related Terms

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Ecolomondo (Ecolomondo) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Waste Management » Ecolomondo Corp (OTCPK:ECLMF) » Definitions » Accounts Receivable

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ECM:Canada

Address

3435 Pitfield Boulevard, Saint-Laurent, QC, CAN, H4S 1H7

Website

https://www.ecolomondo.com

Ecolomondo Corp is a clean tech company focused on deployment of TDP turnkey facilities using its proprietary Thermal Decomposition Process (TDP) using a pyrolysis platform that converts hydrocarbon waste into marketable commodity end-products, namely carbon black substitute, oil, gas and steel. The Company's planned principal business is the sale, licencing and the manufacture of turnkey facilities based on the TDP technology platform as well as the collection of royalties from their operation or the operation of these facilities through wholly-owned or jointly-owned companies.