EVSP (Environmental Service Professionals) Accounts Receivable: $0.07 Mil (As of Sep. 2009)

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What is Environmental Service Professionals Accounts Receivable?

Environmental Service Professionals EVSP Accounts Receivable is $0.07 Mil as of Sep. 2009.

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Environmental Service Professionals's accounts receivables for the quarter that ended in Sep. 2009 was $0.07 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Environmental Service Professionals's Days Sales Outstanding for the quarter that ended in Sep. 2009 was 20.63.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Environmental Service Professionals's Net-Net Working Capital per share for the quarter that ended in Sep. 2009 was $-0.13.

Environmental Service Professionals 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.

Environmental Service Professionals's Days Sales Outstanding for the quarter that ended in Sep. 2009 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0.071/0.314*91
=20.63

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

Environmental Service Professionals's Net-Net Working Capital Per Share for the quarter that ended in Sep. 2009 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)
=(0.023+0.75 * 0.071+0.5 * 0-8.841
-0-0)/65.822
=-0.13

* 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.

Environmental Service Professionals Accounts Receivable Related Terms

Environmental Service Professionals Accounts Receivable Historical Data

* Premium members only.

The historical data trend for Environmental Service Professionals'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.

Environmental Service Professionals Accounts Receivable Chart

Environmental Service Professionals Annual Data
Trend Jan98 Jan99 Jan00 Dec01 Dec02 Dec04 Dec05 Dec06 Dec07 Dec08
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.26 0.14 0.08

Environmental Service Professionals Quarterly Data
Dec04 Mar05 Jun05 Sep05 Dec05 Mar06 Jun06 Sep06 Dec06 Mar07 Jun07 Sep07 Dec07 Mar08 Jun08 Sep08 Dec08 Mar09 Jun09 Sep09
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 0.09 0.08 0.08 0.07 0.07

Environmental Service Professionals 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 $0.07 Mil mean?
Environmental Service Professionals (EVSP) has a Accounts Receivable of $0.07 Mil as of Sep. 2009. Accounts receivable is the amount a company expects to receive from credit-extending customers. View historical data on Environmental Service Professionals and its competitors.
Is Environmental Service Professionals' Accounts Receivable too high?
Environmental Service Professionals' current Accounts Receivable is $0.07 Mil.
How does Environmental Service Professionals' Accounts Receivable compare to PRZM and NNUP?
Environmental Service Professionals' Accounts Receivable of $0.07 Mil can be compared against companies in the Waste Management 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 Waste Management company?
A good Accounts Receivable depends on the Waste Management 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 Environmental Service Professionals and its competitors. Environmental Service Professionals's current Accounts Receivable is $0.07 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Environmental Service Professionals stock overvalued right now?
Environmental Service Professionals (EVSP) has a current Accounts Receivable of $0.07 Mil. The current Accounts Receivable is $0.07 Mil. 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 Environmental Service Professionals (EVSP), the current Accounts Receivable is $0.07 Mil as of Sep. 2009. 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.

Environmental Service Professionals Business Description

Address 810 N. Farrell Drive, Palm Springs, CA, USA, 92262
Environmental Service Professionals Inc is in the moisture inspection/indoor air quality industry. ESP owns and operates a comprehensive suite of businesses dealing with energy efficiency, environmental issues and resolving environmentally sensitive problems in both residential and commercial markets. ESP offers various inspection services that include energy/efficiency audits for home and commercial property, focused on indoor air quality inspections for toxins including mold, moisture intrusion, radon, lead, VOCís and other pollutants that have an acute and chronic negative impact on the indoor environment and occupant health.