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

View and export this data going back to 2000. Start your Free Trial

What is Clearford Water Systems Change In Receivables?

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 Change In Receivables Historical Data

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.

* Premium members only.

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

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															-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.

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

Clearford Water Systems Change In Receivables Related Terms

Thank you for viewing the detailed overview of Clearford Water Systems's Change In Receivables provided by GuruFocus.com. Please click on the following links to see related term pages.

Clearford Water Systems (Clearford Water Systems) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Waste Management » Clearford Water Systems Inc (OTCPK:CLIRF) » Definitions » Change In Receivables

Comparable Companies

Traded in Other Exchanges

N/A

Address

515 Legget Drive, Suite 100, Ottawa, ON, CAN, K2K 3G4

Website

https://www.clearford.com

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.

Clearford Water Systems (Clearford Water Systems) Headlines

No Headlines