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Susglobal Energy (Susglobal Energy) Accounts Receivable : $0.06 Mil (As of Dec. 2023)


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What is Susglobal Energy Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Susglobal Energy's accounts receivables for the quarter that ended in Dec. 2023 was $0.06 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Susglobal Energy's Days Sales Outstanding for the quarter that ended in Dec. 2023 was 48.67.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Susglobal Energy's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was $-0.25.


Susglobal Energy Accounts Receivable Historical Data

The historical data trend for Susglobal Energy'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.

Susglobal Energy Accounts Receivable Chart

Susglobal Energy Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Accounts Receivable
Get a 7-Day Free Trial 0.12 0.18 0.06 0.07 0.06

Susglobal Energy 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 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 0.07 0.08 0.07 0.11 0.06

Susglobal Energy Accounts Receivable Calculation

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


Susglobal Energy 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.

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

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0.056/0.105*91
=48.67

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

Susglobal Energy'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)
=(0.001+0.75 * 0.056+0.5 * 0-30.824
-0-0)/124.783
=-0.25

* 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.


Susglobal Energy Accounts Receivable Related Terms

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Susglobal Energy (Susglobal Energy) Business Description

Traded in Other Exchanges
N/A
Address
200 Davenport Road, Toronto, ON, CAN, M5R 1J2
Susglobal Energy Corp is focused on acquiring, developing, and monetizing a portfolio of proprietary technologies in the waste-to-energy and regenerative products application. It operates in the renewable energy segment. The company provides a full range of services for handling organic residuals, which can be converted into electricity and fuels. Its products include SusGro BioFertilizer and Earth's Journey. The Company's management reporting structure provides for one segment: renewable energy and operates in one country, Canada.
Executives
Leslie Bruce Rintoul director 2209 ROCHESTER CIRCLE, OAKVILLE Z4 L6M 5E3
Ike Makrimichalos officer: Chief Financial Officer 200 DAVENPORT ROAD, TORONTO A6 M5R 1J2
Susan Harte director 200 DAVENPORT ROAD, TORONTO A6 M5R 1J2
Marc Hazout director, 10 percent owner, officer: Executive Chairman and Preside 5160 YONGE STREET, SUITE 803, TORONTO A6 M2N 6L9
Gordon E Miller director 200 DAVENPORT ROAD, TORONTO A6 M5R 1J2
Gerald P Hamaliuk director, 10 percent owner, officer: Chief Executive Officer 200 DAVENPORT ROAD, TORONTO A6 M5R 1J2
Ryan Christopher Duffy director 88 BROOKE AVE., TORONTO A6 M5M2J9
Vincent Ramoutar director 200 DAVENPORT ROAD, TORONTO A6 M5R1J2
Laurence Zeifman director 200 DAVENPORT ROAD, TORONTO A6 M5R1J2
Andrea N Calla director 200 DAVENPORT ROAD, TORONTO A6 M5R1J2