CLIRF (Clearford Water Systems) Change In Receivables: $0.06 Mil (TTM As of Sep. 2021)

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What is Clearford Water Systems Change In Receivables?

Clearford Water Systems CLIRF Change In Receivables is $0.06 Mil as of Sep. 2021.

Clearford Water Systems's change in receivables for the quarter that ended in Sep. 2021 was $-0.14 Mil. It means Clearford Water Systems's Accounts Receivable increased by $0.14 Mil from Jun. 2021 to Sep. 2021 .

Clearford Water Systems's change in receivables for the fiscal year that ended in Dec. 2020 was $-1.09 Mil. It means Clearford Water Systems's Accounts Receivable increased by $1.09 Mil from Dec. 2019 to Dec. 2020 .

Clearford Water Systems's Accounts Receivable for the quarter that ended in Sep. 2021 was $2.85 Mil.

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 Receivable are being managed. Clearford Water Systems's Days Sales Outstanding for the three months ended in Sep. 2021 was 73.36.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Clearford Water Systems's liquidation value for the three months ended in Sep. 2021 was $-58.95 Mil.

Clearford Water Systems  (OTCPK:CLIRF) Change In Receivables 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 Receivable are being managed.

Clearford Water Systems's Days Sales Outstanding for the quarter that ended in Sep. 2021 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=2.846/3.54*91
=73.36

2. In Ben Graham's calculation of liquidation value, Clearford Water Systems's accounts receivable are only considered to be worth 75% of book value:

Clearford Water Systems's liquidation value for the quarter that ended in Sep. 2021 is calculated as:

Liquidation Value
=Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=1.81-63.169+0.75 * 2.846+0.5 * 0.549
=-58.95

* 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.

Clearford Water Systems Change In Receivables Related Terms

Clearford Water Systems Change In Receivables Historical Data

* Premium members only.

The historical data trend for Clearford Water Systems's Change In Receivables 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.

Clearford Water Systems Change In Receivables Chart

Clearford Water Systems Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
Change In Receivables
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.04 0.05 -0.56 -0.06 -1.09

Clearford Water Systems Quarterly Data
Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21
Change In Receivables 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 -0.49 -0.21 1.20 -0.79 -0.14

Clearford Water Systems Change In Receivables Calculation

Change In Accounts Receivable relative to the previous period. It is any increase or decrease in the cash a company is owed by its customers.

Change In Receivables for the trailing twelve months (TTM) ended in Sep. 2021 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.06 Mil.

* 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.

Frequently Asked Questions Learn more about Change In Receivables →
What does a Change In Receivables of $0.06 Mil mean?
Clearford Water Systems (CLIRF) has a Change In Receivables of $0.06 Mil as of Sep. 2021. Change in Receivables is the difference between current-period receivables and past-period receivables. View historical data for Clearford Water Systems and its competitors.
Is Clearford Water Systems' Change In Receivables too high?
Clearford Water Systems' current Change In Receivables is $0.06 Mil.
How does Clearford Water Systems' Change In Receivables compare to WM and RSG?
Clearford Water Systems' Change In Receivables of $0.06 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 Change In Receivables for a Waste Management company?
A good Change In Receivables depends on the Waste Management industry context. However, Change In Receivables 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 Change In Receivables mean?
A high Change In Receivables can signal that a stock is expensive relative to its fundamentals. Change in Receivables is the difference between current-period receivables and past-period receivables. View historical data for Clearford Water Systems and its competitors. Clearford Water Systems's current Change In Receivables is $0.06 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Clearford Water Systems stock overvalued right now?
Clearford Water Systems (CLIRF) has a current Change In Receivables of $0.06 Mil. The current Change In Receivables is $0.06 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Change In Receivables calculated?
Change In Receivables is calculated from a company's financial statements. For Clearford Water Systems (CLIRF), the current Change In Receivables is $0.06 Mil as of Sep. 2021. 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.

Clearford Water Systems Business Description

Address 515 Legget Drive, Suite 100, Ottawa, ON, CAN, K2K 3G4
Clearford Water Systems Inc provides unified water infrastructure solutions. The company is the developer of the Clearford One system, which is a combination of the company's ClearDigest Smart Digester, Small Bore Sewer (SBS) technology, a watertight small diameter wastewater collection system, SBS ClearConvey, and ClearRecover, a wastewater treatment facility-based on the processed influent. It operates through two segments namely Clearford One and UV Pure. The company generates revenue through a sale in various countries such as Canada, the United States of America, India, South America, and other countries. It derives maximum revenue from the Clearford One segment.