Newater Technology Receivables

Newater Technology posts a receivables of $27M as of December 2020. That compares with $14M in the prior-year period — up 96.9% year over year. Comparing that reading with peers and prior periods is usually more useful than looking at the number in isolation.

In the prior comparable period, Newater Technology's receivables was $14M. The latest reading is $27M — a 96.9% year-over-year increase (period ending December 2020). Use the history and growth charts on this page for a longer lookback.

Receivables is one piece of Newater Technology's financial statement story. At $27M, it should be interpreted next to related metrics — for example revenue with costs, assets with liabilities, or income with margins. Stockcircle links those related pages so you can move from this number to the surrounding context quickly.

Context for NEWA's receivables usually means three checks: (1) trend versus prior periods, (2) level versus peers, and (3) consistency with growth and profitability. This page covers the first two; Newater Technology's other metric pages and overview cover the third.