SYEV (Seychelle Environmental Technologies) Accounts Receivable: $0.27 Mil (As of Feb. 2020)

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What is Seychelle Environmental Technologies Accounts Receivable?

Seychelle Environmental Technologies SYEV Accounts Receivable is $0.27 Mil as of Feb. 2020.

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Seychelle Environmental Technologies's accounts receivables for the quarter that ended in Feb. 2020 was $0.27 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Seychelle Environmental Technologies's Days Sales Outstanding for the quarter that ended in Feb. 2020 was 30.49.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Seychelle Environmental Technologies's Net-Net Working Capital per share for the quarter that ended in Feb. 2020 was $0.08.

Seychelle Environmental Technologies 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.

Seychelle Environmental Technologies's Days Sales Outstanding for the quarter that ended in Feb. 2020 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0.267/0.799*91
=30.49

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

Seychelle Environmental Technologies's Net-Net Working Capital Per Share for the quarter that ended in Feb. 2020 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)
=(2.322+0.75 * 0.267+0.5 * 1.021-0.858
-0-0)/26.640
=0.08

* 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.

Seychelle Environmental Technologies Accounts Receivable Related Terms

Seychelle Environmental Technologies Accounts Receivable Historical Data

* Premium members only.

The historical data trend for Seychelle Environmental Technologies'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.

Seychelle Environmental Technologies Accounts Receivable Chart

Seychelle Environmental Technologies Annual Data
Trend Feb11 Feb12 Feb13 Feb14 Feb15 Feb16 Feb17 Feb18 Feb19 Feb20
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.22 0.91 0.83 0.35 0.27

Seychelle Environmental Technologies Quarterly Data
May15 Aug15 Nov15 Feb16 May16 Aug16 Nov16 Feb17 May17 Aug17 Nov17 Feb18 May18 Aug18 Nov18 Feb19 May19 Aug19 Nov19 Feb20
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 0.35 0.29 0.36 0.45 0.27

Seychelle Environmental Technologies 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 $0.27 Mil mean?
Seychelle Environmental Technologies (SYEV) has a Accounts Receivable of $0.27 Mil as of Feb. 2020. Accounts receivable is the amount a company expects to receive from credit-extending customers. View historical data on Seychelle Environmental Technologies and its competitors.
Is Seychelle Environmental Technologies' Accounts Receivable too high?
Seychelle Environmental Technologies' current Accounts Receivable is $0.27 Mil.
How does Seychelle Environmental Technologies' Accounts Receivable compare to AMSU and WTNW?
Seychelle Environmental Technologies' Accounts Receivable of $0.27 Mil can be compared against companies in the Industrial Products 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 an Industrial Products company?
A good Accounts Receivable depends on the Industrial Products 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 Seychelle Environmental Technologies and its competitors. Seychelle Environmental Technologies's current Accounts Receivable is $0.27 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Seychelle Environmental Technologies stock overvalued right now?
Seychelle Environmental Technologies (SYEV) has a current Accounts Receivable of $0.27 Mil. The current Accounts Receivable is $0.27 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 Seychelle Environmental Technologies (SYEV), the current Accounts Receivable is $0.27 Mil as of Feb. 2020. 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.

Seychelle Environmental Technologies Business Description

Address 22 Journey, Aliso Viejo, CA, USA, 92656
Seychelle Environmental Technologies Inc is engaged in the development, assembly, and sale of proprietary portable water filtration systems. Its product offering includes Flip-Top and Pull Top bottles, Canteens, Water Pitchers, Pure Water Pump, Stainless Steel bottles, In-Line Filter, Pure Water Bag, Pump N' Pure, Pure Water Pouch and Pure Water Straws. The company sells its products throughout the United States, and internationally which includes Asia, the United Kingdom, Canada, and Other Countries. The United States contributes to the vast majority of total revenue. Seychelle markets its portable water filtration bottles to dealers, distributors, non-governmental organizations, and emergency relief organizations.