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Schmitt Industries Accounts Receivables | SMIT
Accounts receivable — is the amount of money owed to a company by other organizations, individuals, or the government. It arises when a company has already delivered goods, performed work, or provided services, but has not yet received payment for them.Examples of accounts receivable
- Customers have not paid invoices for delivered products
- An advance has been paid to a supplier, but goods have not yet been received
- Employees have not reported on accountable amounts
- The government must refund tax overpayments
- Outstanding loans issued
- Asset quality
Accounts receivable are part of current assets. But they are not cash — they are promises. Investors assess how realistic these promises are to be collected. The higher the share of overdue or doubtful receivables, the greater the risk of asset impairment. - Impact on cash flow
Even if a company shows a profit, the money can be "tied up" in receivables. This means profit does not turn into actual cash, and the company may face liquidity shortages. - Assessment of management efficiency
The following accounts receivable turnover ratios are commonly used:
Receivables turnover = Revenue / Average accounts receivable
(the higher — the better)
Days Sales Outstanding (DSO) = 365 / Turnover
(the fewer days — the faster customers pay)
If the DSO is constantly increasing — this is a red flag — customers are delaying payments, and money gets stuck in settlements.
Annual Accounts Receivables Schmitt Industries
| 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 752 K | 729 K | 575 K | 631 K | 2.05 M | 2.34 M | 2.1 M | 2.66 M | 2.24 M | 1.98 M | 2.49 M | 1.83 M | - | - |
All numbers in USD currency
Indicator range from annual reports
| Maximum | Minimum | Average |
|---|---|---|
| 2.66 M | 575 K | 1.7 M |
Quarterly Accounts Receivables Schmitt Industries
| 2022-Q4 | 2022-Q3 | 2022-Q2 | 2022-Q1 | 2021-Q4 | 2021-Q3 | 2021-Q2 | 2021-Q1 | 2020-Q4 | 2020-Q3 | 2020-Q2 | 2020-Q1 | 2019-Q4 | 2019-Q3 | 2019-Q2 | 2019-Q1 | 2018-Q4 | 2018-Q3 | 2018-Q2 | 2018-Q1 | 2017-Q4 | 2017-Q3 | 2017-Q2 | 2017-Q1 | 2016-Q4 | 2016-Q3 | 2016-Q2 | 2016-Q1 | 2015-Q4 | 2015-Q3 | 2015-Q2 | 2015-Q1 | 2014-Q4 | 2014-Q3 | 2014-Q2 | 2014-Q1 | 2013-Q4 | 2013-Q3 | 2013-Q2 | 2013-Q1 | 2012-Q4 | 2012-Q3 | 2012-Q2 | 2012-Q1 | 2011-Q4 | 2011-Q3 | 2011-Q2 | 2011-Q1 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| - | 937 K | 1.39 M | 981 K | 1.39 M | 957 K | 795 K | 644 K | 795 K | 646 K | 395 K | 2 M | 395 K | 2.08 M | 2.18 M | 1.87 M | 2.18 M | 2.09 M | 2.15 M | 2.09 M | 2.15 M | 2.27 M | 1.83 M | 1.92 M | 1.83 M | 1.98 M | 2.54 M | 2.6 M | 2.54 M | 2.45 M | 2.54 M | 2.32 M | 2.54 M | 2.16 M | 2.18 M | 2.15 M | 2.18 M | 2.1 M | 2.11 M | 2.41 M | 2.11 M | 1.88 M | 2.34 M | 1.97 M | 2.34 M | 1.97 M | 1.83 M | 1.83 M |
All numbers in USD currency
Indicator range from quarterly reporting
| Maximum | Minimum | Average |
|---|---|---|
| 2.6 M | 395 K | 1.85 M |
Accounts Receivables of other stocks in the Scientific technical instruments industry
| Issuer | Accounts Receivables | Price | % 24h | Market Cap | Country | |
|---|---|---|---|---|---|---|
 |
Cognex Corporation
CGNX
|
147 M | $ 58.66 | 1.66 % | $ 9.86 B |  USA |
 |
ESCO Technologies
ESE
|
254 M | $ 268.09 | 0.07 % | $ 6.92 B | USA |
 |
FARO Technologies
FARO
|
87 M | - | - | $ 842 M | USA |
 |
Fortive Corporation
FTV
|
684 M | $ 56.09 | 1.17 % | $ 18.6 B | USA |
 |
Genasys
GNSS
|
7.6 M | $ 1.48 | 2.01 % | $ 66.7 M | USA |
 |
Garmin Ltd.
GRMN
|
1.25 B | $ 294.14 | 0.01 % | $ 56.6 B |  Schweiz |
 |
Keysight Technologies
KEYS
|
939 M | $ 362.15 | 1.22 % | $ 62.3 B | USA |
 |
MIND Technology
MIND
|
12.6 M | $ 4.35 | 0.22 % | $ 35.9 M | USA |
 |
MKS Instruments
MKSI
|
651 M | $ 260.82 | 1.1 % | $ 17.6 B | USA |
 |
Mesa Laboratories
MLAB
|
44.1 M | $ 134.04 | 0.24 % | $ 739 M | USA |
 |
MicroVision
MVIS
|
47 K | $ 1.6 | 0.93 % | $ 437 M | USA |
 |
Novanta
NOVT
|
185 M | $ 143.93 | 1.7 % | $ 5.27 B | USA |
 |
Luna Innovations Incorporated
LUNA
|
33.2 M | - | -58.85 % | $ 27.4 M | USA |
 |
Teledyne Technologies Incorporated
TDY
|
992 M | $ 614.15 | 0.35 % | $ 28.7 B | USA |
 |
Trimble
TRMB
|
856 M | $ 57.85 | 0.28 % | $ 13.8 B | USA |
 |
Vontier Corporation
VNT
|
412 M | $ 31.48 | 1.84 % | $ 4.62 B | USA |
 |
Vishay Precision Group
VPG
|
56.3 M | $ 71.63 | 4.46 % | $ 950 M | USA |
 |
Energous Corporation
WATT
|
2.99 M | $ 13.95 | 6.0 % | $ 20.7 M | USA |
 |
Velodyne Lidar
VLDR
|
8.88 M | - | - | $ 300 M | USA |
 |
Bonso Electronics International
BNSO
|
762 K | - | -5.08 % | $ 5.44 M |  China |
 |
CyberOptics Corporation
CYBE
|
19.8 M | - | - | $ 401 M | USA |
 |
Itron
ITRI
|
368 M | $ 89.75 | 0.61 % | $ 4.08 B | USA |
 |
Sensata Technologies Holding plc
ST
|
657 M | $ 42.19 | 2.75 % | $ 6.18 B |  Niderland |
 |
Electro-Sensors
ELSE
|
1.4 M | $ 7.74 | - | $ 26.8 M | USA |