GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Eguana Technologies Inc (TSXV:EGT) » Definitions » Accounts Receivable

Eguana Technologies (TSXV:EGT) Accounts Receivable : C$19.98 Mil (As of Dec. 2023)


View and export this data going back to 1996. Start your Free Trial

What is Eguana Technologies Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Eguana Technologies's accounts receivables for the quarter that ended in Dec. 2023 was C$19.98 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Eguana Technologies's Days Sales Outstanding for the quarter that ended in Dec. 2023 was 1,851.03.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Eguana Technologies's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was C$-0.06.


Eguana Technologies Accounts Receivable Historical Data

The historical data trend for Eguana Technologies'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.

* Premium members only.

Eguana Technologies Accounts Receivable Chart

Eguana Technologies Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Dec22 Dec23
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.74 0.60 2.38 16.06 19.98

Eguana Technologies Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Dec22 Mar23 Jun23 Sep23 Dec23
Accounts Receivable 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 14.36 18.91 18.02 22.08 19.98

Eguana Technologies Accounts Receivable Calculation

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


Eguana Technologies 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.

Eguana Technologies's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=19.981/0.985*91
=1,851.03

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

Eguana Technologies'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)
=(0.814+0.75 * 19.981+0.5 * 8.501-46.584
-0-0)/448.956
=-0.06

* 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.


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.


Eguana Technologies Accounts Receivable Related Terms

Thank you for viewing the detailed overview of Eguana Technologies's Accounts Receivable provided by GuruFocus.com. Please click on the following links to see related term pages.


Eguana Technologies (TSXV:EGT) Business Description

Traded in Other Exchanges
Address
3636 7th Street S.E., Calgary, AB, CAN, T2G 2Y8
Eguana Technologies Inc designs, markets, manufactures, and sells residential and small commercial energy storage systems. The company offers power electronics for fuel cell, photovoltaic, and battery applications from manufacturing facilities in North America, Australia, and Europe. The product lines of the company are based on a proprietary and patented, software-driven, power control technology platform for residential and commercial markets. This standardized platform supports market-specific products that are certified and optimized for use in all markets.
Executives
Justin Holland Director, Senior Officer

Eguana Technologies (TSXV:EGT) Headlines