Electro-Sensors (Electro-Sensors) Accounts Receivable : $1.28 Mil (As of Dec. 2023)

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What is Electro-Sensors Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Electro-Sensors's accounts receivables for the quarter that ended in Dec. 2023 was $1.28 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Electro-Sensors's Days Sales Outstanding for the quarter that ended in Dec. 2023 was 50.55.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Electro-Sensors's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was $3.23.

Electro-Sensors Accounts Receivable Historical Data

The historical data trend for Electro-Sensors's Accounts Receivable 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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Electro-Sensors Accounts Receivable Chart

Electro-Sensors Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Receivable

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1.04

0.96

1.01

1.16

1.28

Electro-Sensors Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Accounts Receivable	Get a 7-Day Free Trial															1.16	1.37	1.20	1.07	1.28

Electro-Sensors Accounts Receivable Calculation

Accounts Receivable is money owed to a business by customers and shown on its Balance Sheet as an asset.

Electro-Sensors Accounts Receivable 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 receivables are being managed.

Electro-Sensors's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	1.283	/	2.316	*	91
=	50.55

2. In Ben Graham's calculation of Net-Net Working Capital (NNWC), Electro-Sensors's accounts receivable are only considered to be worth 75% of book value:

Electro-Sensors's Net-Net Working Capital Per Share for the quarter that ended in Dec. 2023 is calculated as:

	Net-Net Working Capital Per Share
=	(Cash And Cash Equivalents	+	0.75 * Accounts Receivable	+	0.5 * Total Inventories	-	Total Liabilities
-	Preferred Stock	-	Minority Interest)	/	Shares Outstanding (EOP)
=	(9.926	+	0.75 * 1.283	+	0.5 * 1.751	-	0.69
-	0	-	0)	/	3.42802
=	3.23

Be Aware

Net receivables tells us a great deal about the different competitors in the same industry. In competitive industries, some attempt to gain advantage by offering better credit terms, causing increase in sales and receivables.

If company consistently shows lower % Net receivables to gross sales than competitors, then it usually has some kind of competitive advantage which requires further digging.

Average Days Sales Outstanding is a good indicator for measuring a company's sales channel and customers. A company may book great revenue and earnings growth but never receive payment from their customers. This may force a write-off in the future and depress future earnings.

Electro-Sensors Accounts Receivable Related Terms

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Electro-Sensors (Electro-Sensors) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Electro-Sensors Inc (NAS:ELSE) » Definitions » Accounts Receivable

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Address

6111 Blue Circle Drive, Minnetonka, MN, USA, 55343-9108

Website

https://www.electro-sensors.com

Electro-Sensors Inc is engaged in manufacturing and selling a variety of monitoring systems that measure actual machine production and operation rates, as well as systems that regulate the speed of related machines in production processes. Its speed monitoring systems compare revolutions per minute or speed against acceptable rates as determined by a customer. It also includes a line of products that measure production counts or rates, such as parts, gallons, or board feet, alarm systems, tachometers, and other devices that translate impulses from the sensors into alarm signals, computer inputs, or digital displays that are usable by the customer.

Executives

Patricia Nancy Peterson	10 percent owner	6005 ERIN TERRACE, EDINA MN 55439
Paul Rodney Peterson	10 percent owner	227 CEDAR DRIVE WEST, HUDSON WI 54016
John Eberhart Peterson	10 percent owner	815 BUTTONBUSH LANE, NAPLES FL 34108
Michael C. Zipoy	director	6111 BLUE CIRCLE DR, MINNETONKA MN 55343
Lynne Elizabeth Peterson	10 percent owner	10254 NOTTINGHAM TRAIL, EDEN PRAIRIE MN 55347
Estate Of Nancy P. Peterson	10 percent owner	C/O 15708 WOODKNOLL LANE, MINNETONKA MN 55345
Michael Hochman	officer: VP of Casino Card Operations	1100 CANTERBURY ROAD, SHAKOPEE MN 55379
Nancy P. Peterson	10 percent owner	905 MAIN STREET, HOPKINS MN 55343
Nicholas John Swenson	10 percent owner	5000 WEST 36TH STREET, SUITE 130, MINNEAPOLIS MN 55416
Scott A. Gabbard	director	6111 BLUE CIRCLE DRIVE, MINNETONKA MN 55343
David L Klenk	director	6111 BLUE CIRCLE DRIVE, MINNETONKA MN 55343
Robert W Heller	director	10992 MOUNT CURVE ROAD, EDEN PRAIRIE MN 55347
Jeffrey Dean Peterson	director	15708 WOODKNOLL LANE, MINNETONKA MN 55345
Geoffrey W Miller	director	12735 42ND PLACE N, PLAYMOUTH MN 55442-2350
John S Strom	director