EXPL (Endurance Exploration Group) Accounts Receivable: $0.00 Mil (As of Sep. 2018)

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What is Endurance Exploration Group Accounts Receivable?

Endurance Exploration Group EXPL +1,328.57% Accounts Receivable is $0.00 Mil as of Sep. 2018.

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Endurance Exploration Group's accounts receivables for the quarter that ended in Sep. 2018 was $0.00 Mil.

Accounts receivable can be measured by Days Sales Outstanding.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Endurance Exploration Group's Net-Net Working Capital per share for the quarter that ended in Sep. 2018 was $-0.01.

Endurance Exploration Group 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.

Endurance Exploration Group's Days Sales Outstanding for the quarter that ended in Sep. 2018 is calculated as:

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

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

Endurance Exploration Group's Net-Net Working Capital Per Share for the quarter that ended in Sep. 2018 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)
=(0.001+0.75 * 0+0.5 * 0.142-0.698
-0-0)/43.788
=-0.01

* 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.

Endurance Exploration Group Accounts Receivable Related Terms

Endurance Exploration Group Accounts Receivable Historical Data

* Premium members only.

The historical data trend for Endurance Exploration Group'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.

Endurance Exploration Group Accounts Receivable Chart

Endurance Exploration Group Annual Data
Trend Jan08 Jan09 Jan10 Jan11 Jan12 Jan13 Dec14 Dec15 Dec16 Dec17
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.00

Endurance Exploration Group Quarterly Data
Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18
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 0.00 0.00 0.00 0.00 0.00

Endurance Exploration Group 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 $0.00 Mil mean?
Endurance Exploration Group (EXPL) has a Accounts Receivable of $0.00 Mil as of Sep. 2018. Accounts receivable is the amount a company expects to receive from credit-extending customers. View historical data on Endurance Exploration Group and its competitors.
Is Endurance Exploration Group's Accounts Receivable too high?
Endurance Exploration Group's current Accounts Receivable is $0.00 Mil.
How does Endurance Exploration Group's Accounts Receivable compare to NESCQ and SENR?
Endurance Exploration Group's Accounts Receivable of $0.00 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 Endurance Exploration Group and its competitors. Endurance Exploration Group's current Accounts Receivable is $0.00 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Endurance Exploration Group stock overvalued right now?
Endurance Exploration Group (EXPL) has a current Accounts Receivable of $0.00 Mil. The current Accounts Receivable is $0.00 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 Endurance Exploration Group (EXPL), the current Accounts Receivable is $0.00 Mil as of Sep. 2018. 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.

Endurance Exploration Group Business Description

Address 15500 Roosevelt Boulevard, Suite 301, Clearwater, FL, USA, 33760
Endurance Exploration Group Inc is engaged in the exploration and recovery of deep-ocean shipwrecks across various countries. The company is focused on recovering bullion precious metals numismatic-grade coinage, high-value non-ferrous metals and other valuable cargos from both historic and modern shipwrecks. Its project consists of Project Connaught and Project Black Marlin. The Project Connaught is a steam-powered packet ship that transport cargo and passengers between Great Britain and the United States. Its Project Black Marlin is a vessel engaged in the trading activities.