Energy Recovery (Energy Recovery) Change In Receivables : $-13.0 Mil (TTM As of Mar. 2024)

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What is Energy Recovery Change In Receivables?

Energy Recovery's change in receivables for the quarter that ended in Mar. 2024 was $21.9 Mil. It means Energy Recovery's Accounts Receivable declined by $21.9 Mil from Dec. 2023 to Mar. 2024 .

Energy Recovery's change in receivables for the fiscal year that ended in Dec. 2023 was $-11.7 Mil. It means Energy Recovery's Accounts Receivable increased by $11.7 Mil from Dec. 2022 to Dec. 2023 .

Energy Recovery's Accounts Receivable for the quarter that ended in Mar. 2024 was $25.1 Mil.

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 Receivable are being managed. Energy Recovery's Days Sales Outstanding for the three months ended in Mar. 2024 was 189.10.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Energy Recovery's liquidation value for the three months ended in Mar. 2024 was $123.8 Mil.

Energy Recovery Change In Receivables Historical Data

The historical data trend for Energy Recovery's Change In Receivables 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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Energy Recovery Change In Receivables Chart

Energy Recovery Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

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0.71

-0.10

-7.42

-14.71

-11.75

Energy Recovery Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Change In Receivables	Get a 7-Day Free Trial															23.10	-3.02	-7.61	-24.22	21.88

Energy Recovery Change In Receivables Calculation

Change In Accounts Receivable relative to the previous period. It is any increase or decrease in the cash a company is owed by its customers.

Change In Receivables for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $-13.0 Mil.

Energy Recovery (NAS:ERII) Change In Receivables 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 Receivable are being managed.

Energy Recovery's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	25.055	/	12.09	*	91
=	189.10

2. In Ben Graham's calculation of liquidation value, Energy Recovery's accounts receivable are only considered to be worth 75% of book value:

Energy Recovery's liquidation value for the quarter that ended in Mar. 2024 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	117.358	-	28.228	+	0.75 * 25.055	+	0.5 * 31.671
=	123.8

Energy Recovery Change In Receivables Related Terms

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Energy Recovery (Energy Recovery) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Energy Recovery Inc (NAS:ERII) » Definitions » Change In Receivables

Comparable Companies

Traded in Other Exchanges

5E2:Germany 500:Germany

Address

1717 Doolittle Drive, San Leandro, CA, USA, 94577

Website

https://www.energyrecovery.com

Energy Recovery Inc is an engineering-driven technology company. It is engaged in engineering, designing, manufacturing and supplying solutions that make industrial processes more efficient and sustainable. The company operates in three segments, Water, Emerging Technologies and Corporate. It offers energy recovery devices (ERDs) and pumps as well as related products and services to the global reverse osmosis desalination market. The company derives a majority of the revenue from the Water segment. Geographically, the company operates in the U.S. and other international countries.

Executives

Joshua Ballard	officer: Chief Financial Officer	1717 DOOLITTLE DRIVE, SAN LEANDRO CA 94577
Joan Kai Chow	director	215 W DIEHL ROAD, NAPERVILLE IL 60563
Sabol Colin R	director	9921 MONTIANO DRIVE, NAPLES FL 34113
David W Moon	director	2800 BELCLAIRE DRIVE, FRISCO TX 75034
Mao Robert Yu Lang	director	2218 JACKSON AVENUE, APT 718, LONG ISLAND NY 11101
Pamela L. Tondreau	director	198 CHAMPION COURT, SAN JOSE CA 95134
Farshad Ghasripoor	officer: Chief Technology Officer	1717 DOOLITTLE DRVIE, SAN LEANDRO CA 94577
William Yeung	officer: General Counsel	1717 DOOLITTLE DRIVE, SAN LEANDRO CA 94577
Rodney Clemente	officer: VP, Global Desalination Sales	1717 DOOLITTLE DRIVE, SAN LEANDRO CA 94577
Arve Hanstveit	director	C/O ENERGY RECOVERY, INC., 1908 DOOLITTLE DRIVE, SAN LEANDRO CA 94577
Lisa A Pollina	director	950 N. MICHIGAN AVENUE, UNIT 2305, CHICAGO IL 60611
Sherif Foda	director	C/O SCHLUMBERGER LIMITED, 5599 SAN FELIPE, 17TH FLOOR, HOUSTON TX 77056
Alexander J Buehler	director	C/O INSITUFORM TECHNOLOGIES, INC., 17988 EDISON AVENUE, CHESTERFIELD MO 63005
Ole Peter Lorentzen	10 percent owner	POSTBOKS A, BYGD0Y, OSLO Q8 0211
Emily Smith	officer: VP, Marketing	1717 DOOLITTLE DRIVE, SAN LEANDRO CA 94577