Current Water Technologies (Current Water Technologies) Receivables Turnover : 0.00 (As of Dec. 2023)

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What is Current Water Technologies Receivables Turnover?

The Receivables Turnover ratio measures the number of times a company collects its average accounts receivable balance. It is calculated as Revenue divided by average Accounts Receivable. An efficient company has a higher accounts receivable turnover ratio while an inefficient company has a lower ratio. Current Water Technologies's Revenue for the three months ended in Dec. 2023 was $-0.40 Mil. Current Water Technologies's average Accounts Receivable for the three months ended in Dec. 2023 was $0.36 Mil.

Current Water Technologies Receivables Turnover Historical Data

The historical data trend for Current Water Technologies's Receivables Turnover 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.

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Current Water Technologies Receivables Turnover Chart

Current Water Technologies Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Receivables Turnover

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21.35

20.22

14.31

34.17

6.51

Current Water Technologies Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Receivables Turnover	Get a 7-Day Free Trial															0.06	11.01	2.76	4.10	-

Competitive Comparison of Current Water Technologies's Receivables Turnover

For the Pollution & Treatment Controls subindustry, Current Water Technologies's Receivables Turnover, along with its competitors' market caps and Receivables Turnover data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Current Water Technologies's Receivables Turnover Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Current Water Technologies's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Current Water Technologies's Receivables Turnover falls into.

Current Water Technologies Receivables Turnover Calculation

Receivables Turnover measures the number of times a company collects its average accounts receivable balance.

Current Water Technologies's Receivables Turnover for the fiscal year that ended in Dec. 2023 is calculated as

	Receivables Turnover (A: Dec. 2023 )
=	Revenue	/	Average Total Inventories
=	Revenue (A: Dec. 2023 )	/ (	(Accounts Receivable (A: Dec. 2022 )	+	Accounts Receivable (A: Dec. 2023 ))	/	count )
=	1.504	/ (	(0.027	+	0.435)	/	2 )
=	1.504	/	0.231
=	6.51

Current Water Technologies's Receivables Turnover for the quarter that ended in Dec. 2023 is calculated as

	Receivables Turnover (Q: Dec. 2023 )
=	Revenue	/	Average Total Inventories
=	Revenue (Q: Dec. 2023 )	/ (	(Accounts Receivable (Q: Sep. 2023 )	+	Accounts Receivable (Q: Dec. 2023 ))	/	count )
=	-0.395	/ (	(0.286	+	0.435)	/	2 )
=	-0.395	/	0.3605
=	N/A

Current Water Technologies (OTCPK:ENPRF) Receivables Turnover Explanation

An efficient company has a higher accounts receivable turnover ratio while an inefficient company has a lower ratio. This metric is commonly used to compare companies within the same industry to check whether they are on par with their competitors.

Current Water Technologies Receivables Turnover Related Terms

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Current Water Technologies (Current Water Technologies) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Current Water Technologies Inc (OTCPK:ENPRF) » Definitions » Receivables Turnover

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WATR:Canada

Address

70 Southgate Drive, Unit 4, Guelph, ON, CAN, N1G 4P5

Website

https://www.currentwatertechnologies.com

Current Water Technologies Inc is engaged in the development of environmental technologies. The company offers advanced technology for the treatment of industrial and municipal wastewater and drinking water resources. It offers technology such as electro-static deionization and the treatment of total ammonia (AmmEL). Electro-static deionization is a capacitive deionization technology for the removal of total dissolved solids, whereas AmmEL is an ammonia removal technology to treat ammonia contaminated water. It operates through the following segments: The current Water segment and the Pumptronics segment. The firm generates the majority of revenue from the Pumptronics segment which develops hydraulic fluid systems to move water and other liquids.