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EnWave (TSXV:ENW) Accounts Receivable : C$0.86 Mil (As of Dec. 2024)


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What is EnWave Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. EnWave's accounts receivables for the quarter that ended in Dec. 2024 was C$0.86 Mil.

Accounts receivable can be measured by Days Sales Outstanding. EnWave's Days Sales Outstanding for the quarter that ended in Dec. 2024 was 66.98.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. EnWave's Net-Net Working Capital per share for the quarter that ended in Dec. 2024 was C$0.02.


EnWave Accounts Receivable Historical Data

The historical data trend for EnWave'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.

* Premium members only.

EnWave Accounts Receivable Chart

EnWave Annual Data
Trend Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 10.99 2.13 1.98 1.18 0.64

EnWave Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 1.07 1.55 2.01 0.64 0.86

EnWave Accounts Receivable Calculation

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


EnWave 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.

EnWave's Days Sales Outstanding for the quarter that ended in Dec. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0.864/1.177*91
=66.98

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

EnWave's Net-Net Working Capital Per Share for the quarter that ended in Dec. 2024 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)
=(3.986+0.75 * 0.864+0.5 * 2.821-3.611
-0-0)/111.040
=0.02

* 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.


EnWave Accounts Receivable Related Terms

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EnWave Business Description

Traded in Other Exchanges
Address
1668 Derwent Way, Unit 1, Delta, BC, CAN, V3M 6R9
EnWave Corp is engaged in licensing its intellectual property through royalty-bearing agreements and designing, building, marketing, and selling vacuum-microwave dehydration machinery for the food, cannabis, and biomaterial dehydration industries. Through its subsidiaries, it offers REV drying technology, to food and cannabis companies who are looking for a reliable, scalable solution to their drying and processing challenges.
Executives
Dylan Murray Senior Officer
Brent Gilbert Charleton Director, Senior Officer
Pablo Cussatti Director
Stephen R. Sanford Director
Daniel Stephen Henriques Senior Officer
Stewart John Ritchie Director
John Philip Adrian Budreski Director

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