ETS (Elite Express Holding) Accounts Receivable: $0.06 Mil (As of May. 2026)

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ETS Elite Express Holding Inc ETS
13 GF Score
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! 3 Warning Signs
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What is Elite Express Holding Accounts Receivable?

Elite Express Holding ETS -10.56% 13 Accounts Receivable is $0.06 Mil as of May. 2026. GuruFocus rates ETS with a GF Score™ of 13/100. The stock has 3 warning signs investors should review.

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Elite Express Holding's accounts receivables for the quarter that ended in May. 2026 was $0.06 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Elite Express Holding's Days Sales Outstanding for the quarter that ended in May. 2026 was 7.41.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Elite Express Holding's Net-Net Working Capital per share for the quarter that ended in May. 2026 was $0.30.


Elite Express Holding 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.

Elite Express Holding's Days Sales Outstanding for the quarter that ended in May. 2026 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0.059/0.727*91
=7.41

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

Elite Express Holding's Net-Net Working Capital Per Share for the quarter that ended in May. 2026 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)
=(5.236+0.75 * 0.059+0.5 * 0-0.246
-0-0)/16.717
=0.30

* 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.


Elite Express Holding Accounts Receivable Related Terms


Elite Express Holding Accounts Receivable Historical Data

* Premium members only.

The historical data trend for Elite Express Holding'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.

Elite Express Holding Accounts Receivable Chart

Elite Express Holding Annual Data
Trend Nov23 Nov24 Nov25
Accounts Receivable
0.10 0.06 0.07

Elite Express Holding Quarterly Data
Nov23 Feb24 May24 Aug24 Nov24 Feb25 May25 Aug25 Nov25 Feb26 May26
Accounts Receivable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 0.05 0.06 0.07 0.08 0.06
ETS
13GF Score
Elite Express Holding Inc ETS
Accounts Receivable is just one metric. See GF Score™, valuation, warning signs, and more.
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Elite Express Holding Accounts Receivable Calculation

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

Frequently Asked Questions Learn more about Accounts Receivable →
What does a Accounts Receivable of $0.06 Mil mean?
Elite Express Holding (ETS) has a Accounts Receivable of $0.06 Mil as of May. 2026. Accounts receivable is the amount a company expects to receive from credit-extending customers. View historical data on Elite Express Holding and its competitors.
Is Elite Express Holding's Accounts Receivable too high?
Elite Express Holding's current Accounts Receivable is $0.06 Mil. Overall, Elite Express Holding has a GF Score™ of 13/100, reflecting its overall financial health beyond just this single metric.
How does Elite Express Holding's Accounts Receivable compare to TOPP and TLSS?
Elite Express Holding's Accounts Receivable of $0.06 Mil can be compared against companies in the Transportation industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Accounts Receivable for a Transportation company?
A good Accounts Receivable depends on the Transportation industry context. However, Accounts Receivable should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Accounts Receivable mean?
A high Accounts Receivable can signal that a stock is expensive relative to its fundamentals. Accounts receivable is the amount a company expects to receive from credit-extending customers. View historical data on Elite Express Holding and its competitors. Elite Express Holding's current Accounts Receivable is $0.06 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Elite Express Holding stock overvalued right now?
Elite Express Holding (ETS) has a current Accounts Receivable of $0.06 Mil. The current Accounts Receivable is $0.06 Mil. Elite Express Holding's overall GF Score™ is 13/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Accounts Receivable calculated?
Accounts Receivable is calculated from a company's financial statements. For Elite Express Holding (ETS), the current Accounts Receivable is $0.06 Mil as of May. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Elite Express Holding Business Description

Address 23046 Avenida De La Carlota, Suite 600, Laguna Hills, CA, USA, 92653
Elite Express Holding Inc is a holding company that operates through its wholly owned subsidiary and specializes in last-mile delivery services within California. Its core business focuses on retrieving packages from distribution hubs and ensuring their prompt and secure delivery to recipients doorsteps. Committed to innovation and efficiency, its mission is to optimize last-mile logistics by providing efficient, reliable delivery solutions. The company mainly competes in the route delivery industry, which has several material barriers of entry, including: Substantial time and capital investment, Technological proficiency, Regulatory barriers, Balancing service quality and cost efficiency, and Effective Management.
13GF Score

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Accounts Receivable is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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