Optec International (Optec International) Change In Receivables : $0.08 Mil (TTM As of Dec. 2018)

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What is Optec International Change In Receivables?

Optec International's change in receivables for the quarter that ended in Dec. 2018 was $0.00 Mil. It means Optec International's Accounts Receivable stayed the same from Sep. 2018 to Dec. 2018 .

Optec International's change in receivables for the fiscal year that ended in Jun. 2017 was $-0.01 Mil. It means Optec International's Accounts Receivable increased by $0.01 Mil from Jun. 2016 to Jun. 2017 .

Optec International's Accounts Receivable for the quarter that ended in Dec. 2018 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.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Optec International's liquidation value for the three months ended in Dec. 2018 was $-5.50 Mil.

Optec International Change In Receivables Historical Data

The historical data trend for Optec International'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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Optec International Change In Receivables Chart

Optec International Annual Data

Trend

Jun15

Jun16

Jun17

Change In Receivables

-0.01

Optec International Quarterly Data
	Dec14	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18
Change In Receivables	Get a 7-Day Free Trial												-0.09	0.09	-	-0.01	-

Optec International 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 Dec. 2018 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.08 Mil.

Optec International (OTCPK:OPTI) 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.

Optec International's Days Sales Outstanding for the quarter that ended in Dec. 2018 is calculated as:

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

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

Optec International's liquidation value for the quarter that ended in Dec. 2018 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	0.009	-	5.546	+	0.75 * 0	+	0.5 * 0.081
=	-5.50

Optec International Change In Receivables Related Terms

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Optec International (Optec International) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Optec International Inc (OTCPK:OPTI) » Definitions » Change In Receivables

Comparable Companies

Traded in Other Exchanges

N/A

Address

1385 Park Center Drive, Vista, CA, USA, 92081

Website

https://www.optecintl.com

Optec International Inc is a provider of green technologies for continued reduction of fossil fuel usage, pollution and greenhouse gas emissions. It is engaged in the distribution of Green technologies, the OPTEC Fuel Maximizer and the OPTEC Led Solar lighting systems. The company is also involved in the distribution of Optec UV-C technology Solutions, PPE and related healthcare products. Its OPTEC Fuel Maximizer products is a patented plug-in-play aftermarket automotive device.