Pollution Treatment and Control Heritage Crystal Clean ADAES Calgon Carbon Corporation

Heritage Crystal Clean (NASDAQ:HCCI) has an average DSO — the average number of days’ worth of sales owed to the company of 36.1 days. However, the same figure at the end of the quarter is 38.7 days. Usually, it is the difference in the models used that causes such changes. Also, there are fluctuations in business needs. But taking into consideration all the above factors, it can be said that this figure for the company is fairly constant. Usually, this figure alone is not enough to determine whether to make an investment in the company. The sales as well as other ratios also have to be taken into consideration. However, in the case of this company, the numbers do not give any clear cut direction. Revenue has grown by 66.6% whereas Accounts Receivable has grown by 69.5%. This is of course in line with the theory that growth is happening. But the DSO (the number of days’ worth of sales owed to the company) grew by 1.7% as compared to the prior year quarter.  That needs to have some amount of explanation. The stock of the company is currently trading at $14.64 per share.

ADA-ES Inc (NASDAQ:ADES) has been named amongst the Deloitte Technology Fast 500 List. This company based in Highlands Ranch in Colorado has been ranked at 415, making this a company to watch closely in the coming days. The revenue growth of the company was also 177%. The shares of the company have also gained 6.11% and had reached $17.88, a gain of $1.03. The shares are now trading at $16.28. The shares of the company are expected to bottom out at $14 and thereafter increase to $20.

Calgon Carbon Corporation (NYSE:CCC) has a DSO- the average number of days’ worth of sales is currently 73.0 days. But the figure at the end of the quarter stands at 65.8 days. As mentioned earlier, usually, it is the difference in the models used that causes such changes. Also, there are fluctuations in business needs. However, this figure looks steady. The year on year revenue for the company has gone down by 5.7% and the Accounts Receivable has gone down by 12%. That does not give much cause for alarm. The end of quarter DSO has also declined by 6.7% from last year’s quarter and had decrease 9.1% over the previous quarter. The company looks good to invest and is currently trading at $11.86 per share and the share price is likely to move in an upward direction.