OptiBiotix Health (FRA:OB3) Change In Receivables : €0.36 Mil (TTM As of Jun. 2023)

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What is OptiBiotix Health Change In Receivables?

OptiBiotix Health's change in receivables for the quarter that ended in Jun. 2023 was €-0.17 Mil. It means OptiBiotix Health's Accounts Receivable increased by €0.17 Mil from Dec. 2022 to Jun. 2023 .

OptiBiotix Health's change in receivables for the fiscal year that ended in Dec. 2022 was €1.28 Mil. It means OptiBiotix Health's Accounts Receivable declined by €1.28 Mil from Dec. 2021 to Dec. 2022 .

OptiBiotix Health's Accounts Receivable for the quarter that ended in Jun. 2023 was €0.78 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. OptiBiotix Health's Days Sales Outstanding for the six months ended in Jun. 2023 was 346.26.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. OptiBiotix Health's liquidation value for the six months ended in Jun. 2023 was €0.72 Mil.

OptiBiotix Health Change In Receivables Historical Data

The historical data trend for OptiBiotix Health'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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OptiBiotix Health Change In Receivables Chart

OptiBiotix Health Annual Data

Trend

Jul10

Jul12

Nov14

Nov15

Nov16

Nov17

Nov18

Dec20

Dec21

Dec22

Change In Receivables

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-0.19

-0.30

-0.04

-1.07

1.28

OptiBiotix Health Semi-Annual Data
	Jul12	Jan13	May14	Nov14	May15	Nov15	May16	Nov16	May17	Nov17	May18	Nov18	May19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23
Change In Receivables	Get a 7-Day Free Trial															-0.75	-0.31	0.77	0.53	-0.17

OptiBiotix Health 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 semi-annually data reported by the company within the most recent 12 months, which was €0.36 Mil.

OptiBiotix Health (FRA:OB3) 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.

OptiBiotix Health's Days Sales Outstanding for the quarter that ended in Jun. 2023 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	0.776	/	0.409	*	91
=	346.26

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

OptiBiotix Health'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)
=	1.041	-	1.005	+	0.75 * 0.776	+	0.5 * 0.209
=	0.72

OptiBiotix Health Change In Receivables Related Terms

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OptiBiotix Health (FRA:OB3) Business Description

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GURUFOCUS.COM » STOCK LIST » Healthcare » Biotechnology » OptiBiotix Health PLC (FRA:OB3) » Definitions » Change In Receivables

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Address

Innovation Centre, Innovation Way, Heslington, York, GBR, YO10 5DG

Website

https://www.optibiotix.com

OptiBiotix Health PLC is engaged in the field of healthcare. As a life science company, its prime focus lies in researching the area of biotechnology. Its activities include the identification of microbial strains, compounds, and formulations for use in food ingredients, supplements, and active compounds that can impact human physiology, deriving potential health benefits. The company derives majority of the revenue from the sale of Functional Fibres. The company markets its products in the United Kingdom under trademark names such as OptiBiotix, SweetBiotix, and SkinBioTherapeutics.

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