What is Puradyn Filter Technologies Accounts Receivable?
Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Puradyn Filter Technologies's accounts receivables for the quarter that ended in Dec. 2019 was $0.01 Mil.
Accounts receivable can be measured by Days Sales Outstanding.
Puradyn Filter Technologies's Days Sales Outstanding for the quarter that ended in Dec. 2019 was 4.42.
In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Puradyn Filter Technologies's Net-Net Working Capital per share for the quarter that ended in Dec. 2019 was $-0.18.
Puradyn Filter Technologies Accounts Receivable Historical Data
* 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.
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.
Puradyn Filter Technologies's Days Sales Outstanding for the quarter that ended in Dec. 2019 is calculated as:
2. In Ben Graham's calculation of Net-Net Working Capital (NNWC), Puradyn Filter Technologies's accounts receivable are only considered to be worth 75% of book value:
Puradyn Filter Technologies's Net-Net Working Capital Per Share for the quarter that ended in Dec. 2019 is calculated as:
* 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.
Puradyn Filter Technologies Accounts Receivable Related Terms
Thank you for viewing the detailed overview of Puradyn Filter Technologies's Accounts Receivable provided by GuruFocus.com. Please click on the following links to see related term pages.
Puradyn Filter Technologies (Puradyn Filter Technologies) Business Description
Puradyn Filter Technologies Inc involves in designing manufactures and distributes Puradyn oil filtration system. Its product is used for all combustion engines and hydraulic equipment that use lubricating oil. The filtration system primarily cleans oil by providing a second circuit of oil filtration and provides treatment to continually remove solid, liquid and gaseous contaminants from the oil through filtration and evaporation process. The filtration system is offered in two models namely MTS and a custom engineered hydraulic system. The company markets its product and generates revenue from across the globe.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
PFTI has been successfully added to your 