Strategic Environmental & Energy Resources (Strategic Environmental & Energy Resources) Accounts Receivable : $0.42 Mil (As of Mar. 2024)

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What is Strategic Environmental & Energy Resources Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Strategic Environmental & Energy Resources's accounts receivables for the quarter that ended in Mar. 2024 was $0.42 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Strategic Environmental & Energy Resources's Days Sales Outstanding for the quarter that ended in Mar. 2024 was 38.34.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Strategic Environmental & Energy Resources's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was $-0.19.

Strategic Environmental & Energy Resources Accounts Receivable Historical Data

The historical data trend for Strategic Environmental & Energy Resources'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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Strategic Environmental & Energy Resources Accounts Receivable Chart

Strategic Environmental & Energy Resources Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Receivable

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0.69

0.38

0.54

0.64

0.34

Strategic Environmental & Energy Resources Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Accounts Receivable	Get a 7-Day Free Trial															0.22	0.54	0.39	0.34	0.42

Strategic Environmental & Energy Resources Accounts Receivable Calculation

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

Strategic Environmental & Energy Resources 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.

Strategic Environmental & Energy Resources's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	0.416	/	0.99	*	91
=	38.34

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

Strategic Environmental & Energy Resources's Net-Net Working Capital Per Share for the quarter that ended in Mar. 2024 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)
=	(0.096	+	0.75 * 0.416	+	0.5 * 0.002	-	14.641
-	0	-	-1.95)	/	65.0886
=	-0.19

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.

Strategic Environmental & Energy Resources Accounts Receivable Related Terms

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Strategic Environmental & Energy Resources (Strategic Environmental & Energy Resources) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Waste Management » Strategic Environmental & Energy Resources Inc (OTCPK:SENR) » Definitions » Accounts Receivable

Comparable Companies

Traded in Other Exchanges

N/A

Address

370 Interlocken Boulevard, Suite 680, Broomfield, CO, USA, 80021

Website

https://www.seer-corp.com

Strategic Environmental & Energy Resources Inc provides environmental, renewable fuels and industrial waste stream management services to oil producers and refiners, railcar operators, industrial and manufacturing companies, medical facilities, government agencies, universities, and environmental consulting firms. The company operates in two business segments including Environmental Solutions and Solid Waste. It generates maximum revenue from the Environmental Solutions segment.

Executives

Fortunato Villamagna	officer: President, PWS*	10805 BERNINE DR., LAS VEGAS NV 89141
Michael John Cardillo	officer: President- REGS, LLC	7801 BTIGHTON ROAD, COMMERCE CITY CO 80022
Michael Jeffrey Readey	officer: Executive VP	751 PINE RIDGE ROAD, GOLDEN CO 80403
Monty R Lamirato	officer: Acting Chief Financial Officer
Combs Joseph John Iii	director, officer: CEO	7801 BRIGHTON ROAD, COMMERCE CITY CO 80022
John Paul Jenkin	director, officer: Executive VP	7801 BRIGHTON ROAD, COMMERCE CITY CO 80022