SCI Engineered Materials (SCI Engineered Materials) Change In Receivables : $-0.25 Mil (TTM As of Mar. 2024)

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What is SCI Engineered Materials Change In Receivables?

SCI Engineered Materials's change in receivables for the quarter that ended in Mar. 2024 was $-0.23 Mil. It means SCI Engineered Materials's Accounts Receivable increased by $0.23 Mil from Dec. 2023 to Mar. 2024 .

SCI Engineered Materials's change in receivables for the fiscal year that ended in Dec. 2023 was $-0.02 Mil. It means SCI Engineered Materials's Accounts Receivable increased by $0.02 Mil from Dec. 2022 to Dec. 2023 .

SCI Engineered Materials's Accounts Receivable for the quarter that ended in Mar. 2024 was $1.07 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. SCI Engineered Materials's Days Sales Outstanding for the three months ended in Mar. 2024 was 11.60.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. SCI Engineered Materials's liquidation value for the three months ended in Mar. 2024 was $4.77 Mil.

SCI Engineered Materials Change In Receivables Historical Data

The historical data trend for SCI Engineered Materials'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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SCI Engineered Materials Change In Receivables Chart

SCI Engineered Materials Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

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0.13

-0.11

-0.07

-0.36

-0.02

SCI Engineered Materials 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															0.01	-0.20	-0.20	0.38	-0.23

SCI Engineered Materials 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 $-0.25 Mil.

SCI Engineered Materials (OTCPK:SCIA) 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.

SCI Engineered Materials's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	1.068	/	8.403	*	91
=	11.60

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

SCI Engineered Materials'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)
=	5.965	-	3.835	+	0.75 * 1.068	+	0.5 * 3.685
=	4.77

SCI Engineered Materials Change In Receivables Related Terms

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SCI Engineered Materials (SCI Engineered Materials) Business Description

Industry

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Traded in Other Exchanges

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Address

2839 Charter Street, Columbus, OH, USA, 43228

Website

https://www.sciengineeredmaterials.com

SCI Engineered Materials Inc is a supplier and manufacturer of advanced materials for physical vapor deposition (PVD) thin-film applications. The company is focused on markets within the PVD industry including Aerospace, Automotive, Defense, Glass, Optical Coatings, and Solar. The Company develops innovative customized solutions enabling commercial success through collaboration with end users and Original Equipment Manufacturers. Its products consist of Sputtering targets, Evaporation materials, Ceramic powders, and Substrates. Additionally, it offers various services such as advanced ceramic powders, vacuum hot pressing, machining, bonding, and many more.

Executives

Laura F Shunk	10 percent owner	8300 MULBERRY ROAD, P.O. BOX 490, CHESTERLAND OH 44026
Edward W Ungar	director	1145 CHESAPEAKE AVE, COLUMBUS OH 43212
Jeremiah Ray Young	officer: PRESIDENT	893 THAYER DRIVE, GAHANNA OH 43230
Emily Lu	director	3720 CANTERBURY CT, BOCA RATON FL 33434
John P Gilliam	director	862 MOON GLOW CT, GAHANNA OH 43230
Wickersham Charles Edward Jr	director	517 ARDEN RD, COLUMBUS OH 43214
Daniel Rooney	director, officer: President and CEO	1145 CHESAPEAKE AVE, COLUMBUS OH 43212
Investments Sa Windcom	10 percent owner
Daniel A Funk	10 percent owner	PORTER, WRIGHT, MORRIS & ARTHUR, 41 SOUTH HIGH STREET, COLUMBUS OH 43215
Michael K Barna	officer: VP Sales - Photonics	1145 CHESAPEAKE AVE., COLUMBUS OH 43212
Robert H Peitz	director	217 LLOYD ROAD, ABERDEEN NJ 07747
Walter J Doyle	director	1970 JEWETT ROAD, POWELL OH 43065
Baker Robert J Jr	director	1145 CHESAPEAKE AVE, COLUMBUS OH 43212
Curtis A Loveland	10 percent owner, officer: Secretary	PORTER WRIGHT MORRIS & ARTHUR, 41 SOUTH HIGH STREET, COLUMBUS OH 43215
Scott S Campbell	officer: Technical Director	1145 CHESAPEAKE AVENUE, COLUMBUS OH 43212