Odyssey Marine Exploration (Odyssey Marine Exploration) Change In Receivables : $-1.18 Mil (TTM As of Jun. 2023)

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What is Odyssey Marine Exploration Change In Receivables?

Odyssey Marine Exploration's change in receivables for the quarter that ended in Jun. 2023 was $-0.84 Mil. It means Odyssey Marine Exploration's Accounts Receivable increased by $0.84 Mil from Mar. 2023 to Jun. 2023 .

Odyssey Marine Exploration's change in receivables for the fiscal year that ended in Dec. 2022 was $-0.24 Mil. It means Odyssey Marine Exploration's Accounts Receivable increased by $0.24 Mil from Dec. 2021 to Dec. 2022 .

Odyssey Marine Exploration's Accounts Receivable for the quarter that ended in Jun. 2023 was $0.00 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. Odyssey Marine Exploration's Days Sales Outstanding for the three months ended in Jun. 2023 was 0.00.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Odyssey Marine Exploration's liquidation value for the three months ended in Jun. 2023 was $-77.17 Mil.

Odyssey Marine Exploration Change In Receivables Historical Data

The historical data trend for Odyssey Marine Exploration'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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Odyssey Marine Exploration Change In Receivables Chart

Odyssey Marine Exploration Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Change In Receivables

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-0.58

0.37

0.26

-0.11

-0.24

Odyssey Marine Exploration Quarterly Data
	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23
Change In Receivables	Get a 7-Day Free Trial															-0.07	-0.09	-0.09	-0.16	-0.84

Odyssey Marine Exploration 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 Jun. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $-1.18 Mil.

Odyssey Marine Exploration (NAS:OMEX) 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.

Odyssey Marine Exploration's Days Sales Outstanding for the quarter that ended in Jun. 2023 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	0	/	0.173	*	91
=	0.00

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

Odyssey Marine Exploration's liquidation value for the quarter that ended in Jun. 2023 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	1.832	-	79.003	+	0.75 * 0	+	0.5 * 0
=	-77.17

Odyssey Marine Exploration Change In Receivables Related Terms

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Odyssey Marine Exploration (Odyssey Marine Exploration) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Odyssey Marine Exploration Inc (NAS:OMEX) » Definitions » Change In Receivables

Comparable Companies

Traded in Other Exchanges

OYM1:Germany

Address

205 South Hoover Boulevard, Suite 210, Tampa, FL, USA, 33609

Website

https://www.odysseymarine.com

Odyssey Marine Exploration Inc is a deep-ocean exploration company. It is engaged in the discovery, validation, and development of subsea mineral deposits in a socially and environmentally responsible manner. The company works with governments worldwide to identify mineral resources in Exclusive Economic Zones, focusing on phosphorite (fertilizer) and polymetallic nodule (battery metals) projects.

Executives

John Abbott	director	101 20TH ST, APT 2706, MIAMI FL 33139
Laura Lionetti Barton	officer: EVP, Secretary, Corp Comm	5215 WEST LAUREL STREET, TAMPA FL 33607
Mark B Justh	director	5215 WEST LAUREL STREET, TAMPA FL 33607
Christopher Emlyn Jones	officer: Chief Financial Officer	205 S HOOVER BLVD STE 210, #210, TAMPA FL 33609
Fourworld Capital Management Llc	10 percent owner	7 WORLD TRADE CENTER, FL. 46, NEW YORK NY 10007
John Addis	10 percent owner	7 WORLD TRADE CENTER, FLOOR 46, NEW YORK NY 10007
Todd E Siegel	director	2003 GANDY BLVD. NORTH, SUITE 800, ST. PETERSBURG FL 33702
Longley John D Jr	officer: Chief Operating Officer	5215 WEST LAUREL STREET, TAMPA FL 33607
Jon D Sawyer	director	29491 CAMELBACK DRIVE, EVERGREEN CO 80439
James S Pignatelli	director	2300 E SLINGSHOT WAY, KAMAS UT 84036
Mark Gordon	director, officer: CEO and President	5215 WEST LAUREL STREET, TAMPA FL 33607
Jay Nudi	officer: CFO/Treasurer	5215 WEST LAUREL STREET, TAMPA FL 33607
David J Saul	director	18 DEVONSHIRE BAY ROAD, DEVONSHIRE D0 DV07
Philip S Devine	officer: Chief Financial Officer	5215 WEST LAUREL STREET, TAMPA FL 33607
Michael J Holmes	officer: Chief Financial Officer	5215 W LAUREL ST, TAMPA FL 33607