What does advances and other receivables mean?

This represents prepayments made to suppliers for goods or services not yet received and other miscellaneous short-term claims held by the company. It reflects the firm's working capital tied up in advance payments and non-trade receivables that are expected to be realized or consumed within one year. Monitoring this balance helps assess the company's liquidity position and the efficiency of its procurement and cash management processes.

Ascent Industries Co. ACNT Advances and other receivables

Advances and other receivables at other companies

LazardLAZ

$105.36M-6.7%

Energy Vault HoldingsNRGV

$3.82M-48.4%

Enova InternationalENVA

$74.15M+3.5%

NovoCureNVCR

$53.13M+56.1%

Aclaris TherapeuticsACRS

$4.81M—

TMC the metals company Inc.TMC

$3.1M-38.2%

Other financials

Income statement

See full

Revenue$19.4M+8.9%

Gross profit$2.8M-8.4%

Operating income-$2.4M-16.5%

Net income-$2.0M+13.7%

EPS (diluted)-$0.21+8.7%

Balance sheet

See full

Cash & equivalents$47.8M+235%

Total debt$13.4M-59.1%

Total equity$81.6M-10.4%

Total assets$102.6M-32.7%

Cash flow

See full

Operating cash flow-$5.4M-675%

CapEx$422.0K+32.7%

Free cash flow-$5.9M-475%

Valuation

See full

Market cap$137.92M+14.0%

Enterprise value$103.53M+26.6%

P/S1.8×+0.2×

Profitability

See full

Gross margin22.2%+6.4pp

Operating margin-9.6%-0.9pp

Net margin1.2%+0.8pp

FCF margin12%+8.1pp

Returns & leverage

See full

Return on equity1%+0.6pp

Debt / equity0.2×-0.2×

Current ratio8.7×+5.7×

Where this comes from

Reported directly by Ascent Industries Co. in its filing.

Tagged under the XBRL concept acnt:AdvancesAndOtherReceivablesCurrent.

The official record: Ascent Industries Co.’s 10-Q, filed May 6, 2026, on SEC EDGAR. View the filing →

Ask your AI about Ascent Industries Co.'s advances and other receivables.

Connect your AI assistant and compare it to peers, right in your chat.

Connect your AI

Claude

Questions, answered.

What is Ascent Industries Co.'s advances and other receivables?: Ascent Industries Co. (ACNT) reported advances and other receivables of $5.4M in Q1 2026.
What does advances and other receivables mean?: This represents prepayments made to suppliers for goods or services not yet received and other miscellaneous short-term claims held by the company. It reflects the firm's working capital tied up in advance payments and non-trade receivables that are expected to be realized or consumed within one year. Monitoring this balance helps assess the company's liquidity position and the efficiency of its procurement and cash management processes.