CLIRF (Clearford Water Systems) Current Accrued Expense: $9.58 Mil (As of Sep. 2021)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

What is Clearford Water Systems Current Accrued Expense?

Clearford Water Systems CLIRF Current Accrued Expense is $9.58 Mil as of Sep. 2021.

Clearford Water Systems's Current Accrued Expense for the quarter that ended in Sep. 2021 was $9.58 Mil.

Clearford Water Systems's quarterly Current Accrued Expense declined from Mar. 2021 ($9.73 Mil) to Jun. 2021 ($8.88 Mil) but then increased from Jun. 2021 ($8.88 Mil) to Sep. 2021 ($9.58 Mil).

Clearford Water Systems's annual Current Accrued Expense increased from Dec. 2018 ($2.25 Mil) to Dec. 2019 ($4.16 Mil) and increased from Dec. 2019 ($4.16 Mil) to Dec. 2020 ($6.23 Mil).

Clearford Water Systems Current Accrued Expense Related Terms

Clearford Water Systems Current Accrued Expense Historical Data

* Premium members only.

The historical data trend for Clearford Water Systems's Current Accrued Expense 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 Current Accrued Expense Chart

Clearford Water Systems Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
Current Accrued Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.84 1.87 2.25 4.16 6.23

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
Current Accrued Expense 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 8.23 6.23 9.73 8.88 9.58

Clearford Water Systems Current Accrued Expense Calculation

Current Accrued Expense is the expense incurred during the accounting period, but not required to be paid until a later date. It includes compensation, interest, pensions and all other miscellaneous accruals reported by the company.

What does a Current Accrued Expense of $9.58 Mil mean?
Clearford Water Systems (CLIRF) has a Current Accrued Expense of $9.58 Mil as of Sep. 2021. Current Accrued Expense records the total amount of accrued expenses. View historical data on Clearford Water Systems and its competitors.
Is Clearford Water Systems' Current Accrued Expense too high?
Clearford Water Systems' current Current Accrued Expense is $9.58 Mil.
How does Clearford Water Systems' Current Accrued Expense compare to WM and RSG?
Clearford Water Systems' Current Accrued Expense of $9.58 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 Current Accrued Expense for a Waste Management company?
A good Current Accrued Expense depends on the Waste Management industry context. However, Current Accrued Expense 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 Current Accrued Expense mean?
A high Current Accrued Expense can signal that a stock is expensive relative to its fundamentals. Current Accrued Expense records the total amount of accrued expenses. View historical data on Clearford Water Systems and its competitors. Clearford Water Systems's current Current Accrued Expense is $9.58 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 Current Accrued Expense of $9.58 Mil. The current Current Accrued Expense is $9.58 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Current Accrued Expense calculated?
Current Accrued Expense is calculated from a company's financial statements. For Clearford Water Systems (CLIRF), the current Current Accrued Expense is $9.58 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.