ERII (Energy Recovery) Change In Receivables: $-6.0 Mil (TTM As of Mar. 2026)

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ERII Energy Recovery Inc ERII
66 GF Score
Price $8.63
GF Value $14.42
Valuation Significantly Undervalued
! 5 Warning Signs
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What is Energy Recovery Change In Receivables?

Energy Recovery ERII -1.03% 66 Change In Receivables is $-6.0 Mil as of Mar. 2026. GuruFocus rates ERII with a GF Score™ of 66/100 and a GF Value™ of $14.42 (Significantly Undervalued). The stock has 5 warning signs investors should review.

Energy Recovery's change in receivables for the quarter that ended in Mar. 2026 was $37.6 Mil. It means Energy Recovery's Accounts Receivable declined by $37.6 Mil from Dec. 2025 to Mar. 2026 .

Energy Recovery's change in receivables for the fiscal year that ended in Dec. 2025 was $-11.6 Mil. It means Energy Recovery's Accounts Receivable increased by $11.6 Mil from Dec. 2024 to Dec. 2025 .

Energy Recovery's Accounts Receivable for the quarter that ended in Mar. 2026 was $38.9 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. Energy Recovery's Days Sales Outstanding for the three months ended in Mar. 2026 was 366.10.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Energy Recovery's liquidation value for the three months ended in Mar. 2026 was $106.1 Mil.

Energy Recovery  (NAS:ERII) 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.

Energy Recovery's Days Sales Outstanding for the quarter that ended in Mar. 2026 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=38.941/9.706*91
=366.10

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

Energy Recovery's liquidation value for the quarter that ended in Mar. 2026 is calculated as:

Liquidation Value
=Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=86.151-24.703+0.75 * 38.941+0.5 * 30.886
=106.1

* 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.

Energy Recovery Change In Receivables Related Terms

Energy Recovery Change In Receivables Historical Data

* Premium members only.

The historical data trend for Energy Recovery'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.

Energy Recovery Change In Receivables Chart

Energy Recovery Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Change In Receivables
Get a 7-Day Free Trial Premium Member Only Premium Member Only -7.42 -14.71 -11.75 -19.40 -11.56

Energy Recovery Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 32.06 -0.76 -11.37 -31.49 37.64
ERII
66GF Score
Energy Recovery Inc ERII
Change In Receivables is just one metric. See GF Score™, valuation, warning signs, and more.
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Energy Recovery 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 Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $-6.0 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 $-6.0 Mil mean?
Energy Recovery (ERII) has a Change In Receivables of $-6.0 Mil as of Mar. 2026. Change in Receivables is the difference between current-period receivables and past-period receivables. View historical data for Energy Recovery and its competitors.
Is Energy Recovery's Change In Receivables too high?
Energy Recovery's current Change In Receivables is $-6.0 Mil. Overall, Energy Recovery has a GF Score™ of 66/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Energy Recovery's Change In Receivables compare to ARQ and FTEK?
Energy Recovery's Change In Receivables of $-6.0 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 Change In Receivables for an Industrial Products company?
A good Change In Receivables depends on the Industrial Products 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 Energy Recovery and its competitors. Energy Recovery's current Change In Receivables is $-6.0 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Energy Recovery stock overvalued right now?
Based on GuruFocus' analysis, Energy Recovery (ERII) is currently considered Significantly Undervalued. The stock's GF Value™ is $14.42, compared to a current price of $8.63 — trading 40.2% below its estimated fair value. The current Change In Receivables is $-6.0 Mil. Energy Recovery's overall GF Score™ is 66/100 with 5 warning signs to review. 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 Energy Recovery (ERII), the current Change In Receivables is $-6.0 Mil as of Mar. 2026. 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.

Is Energy Recovery (ERII) Overvalued in 2026?

Based on GuruFocus' analysis, Energy Recovery stock appears to be undervalued. The current stock price of $8.63 is trading 40.2% below its estimated GF Value™ of $14.42. GuruFocus considers Energy Recovery to be Significantly Undervalued.

Key valuation signals for ERII:

  • Change In Receivables: $-6.0 Mil
  • GF Value™: $14.42 vs. price of $8.63 (40.2% below fair value)
  • GF Score™: 66/100 with 5 warning signs

No single metric tells the full story. See the ERII stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Energy Recovery Business Description

Other Exchanges 5E2:Germany
Address 1717 Doolittle Drive, San Leandro, CA, USA, 94577
Energy Recovery Inc designs and manufactures energy-saving technologies. The firm uses its proprietary pressure exchanger technology to help customers in multiple industries improve their operations and lower their emissions. Using its proprietary technology, it offers energy recovery devices, including pressure exchangers, pumps, and turbochargers, mainly used for seawater desalination and wastewater treatment. Additionally, the company is involved in the development of emerging technologies, such as the PX G1300 used in industrial and commercial refrigeration applications. The firm's reportable operating segments are: Water, which generates maximum revenue, and Emerging Technologies. Geographically, it generates maximum revenue from the Middle East, and the rest from other markets.
66GF Score

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Change In Receivables is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$8.63
Price
$14.42
GF Value