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OPT Sciences (OPT Sciences) Accounts Receivable : $1.39 Mil (As of Jul. 2015)


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What is OPT Sciences Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. OPT Sciences's accounts receivables for the quarter that ended in Jul. 2015 was $1.39 Mil.

Accounts receivable can be measured by Days Sales Outstanding. OPT Sciences's Days Sales Outstanding for the quarter that ended in Jul. 2015 was 64.08.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. OPT Sciences's Net-Net Working Capital per share for the quarter that ended in Jul. 2015 was $17.07.


OPT Sciences Accounts Receivable Historical Data

The historical data trend for OPT Sciences's Accounts Receivable 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.

* Premium members only.

OPT Sciences Accounts Receivable Chart

OPT Sciences Annual Data
Trend Oct05 Oct06 Oct07 Oct08 Oct09 Oct10 Oct11 Oct12 Oct13 Oct14
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.68 0.91 1.35 1.05 1.50

OPT Sciences Quarterly Data
Oct10 Jan11 Apr11 Jul11 Oct11 Jan12 Apr12 Jul12 Oct12 Jan13 Apr13 Jul13 Oct13 Jan14 Apr14 Jul14 Oct14 Jan15 Apr15 Jul15
Accounts Receivable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.08 1.50 1.41 1.32 1.39

OPT Sciences Accounts Receivable Calculation

Accounts Receivable is money owed to a business by customers and shown on its Balance Sheet as an asset.


OPT Sciences Accounts Receivable 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 receivables are being managed.

OPT Sciences's Days Sales Outstanding for the quarter that ended in Jul. 2015 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=1.387/1.975*91
=64.08

2. In Ben Graham's calculation of Net-Net Working Capital (NNWC), OPT Sciences's accounts receivable are only considered to be worth 75% of book value:

OPT Sciences's Net-Net Working Capital Per Share for the quarter that ended in Jul. 2015 is calculated as:

Net-Net Working Capital Per Share
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(12.335+0.75 * 1.387+0.5 * 1.069-0.669
-0-0)/0.77558
=17.07

* 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.


Be Aware

Net receivables tells us a great deal about the different competitors in the same industry. In competitive industries, some attempt to gain advantage by offering better credit terms, causing increase in sales and receivables.

If company consistently shows lower % Net receivables to gross sales than competitors, then it usually has some kind of competitive advantage which requires further digging.

Average Days Sales Outstanding is a good indicator for measuring a company's sales channel and customers. A company may book great revenue and earnings growth but never receive payment from their customers. This may force a write-off in the future and depress future earnings.


OPT Sciences Accounts Receivable Related Terms

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OPT Sciences (OPT Sciences) Business Description

Traded in Other Exchanges
N/A
Address
1912 Bannard Street, Cinnaminson, NJ, USA, 08077
OPT Sciences Corp through its operating subsidiary O & S Research, manufactures precision optical components for the Aerospace Industry. It provides anti-glare optical coatings, panels for liquid crystal displays ("LCD"), LCD glass heaters, and electromagnetic interference shielding glass. In addition, it also offers glass cutting, grinding, and painting services. Geographically, the activities are performed in the United States and it derives revenue from product sales when products are shipped to customers.

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