Ocean Power Technologies (STU:RUOB) Change In Receivables : €-0.09 Mil (TTM As of Jan. 2024)

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What is Ocean Power Technologies Change In Receivables?

Ocean Power Technologies's change in receivables for the quarter that ended in Jan. 2024 was €-0.06 Mil. It means Ocean Power Technologies's Accounts Receivable increased by €0.06 Mil from Oct. 2023 to Jan. 2024 .

Ocean Power Technologies's change in receivables for the fiscal year that ended in Apr. 2023 was €-0.03 Mil. It means Ocean Power Technologies's Accounts Receivable increased by €0.03 Mil from Apr. 2022 to Apr. 2023 .

Ocean Power Technologies's Accounts Receivable for the quarter that ended in Jan. 2024 was €0.57 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. Ocean Power Technologies's Days Sales Outstanding for the three months ended in Jan. 2024 was 31.84.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Ocean Power Technologies's liquidation value for the three months ended in Jan. 2024 was €1.83 Mil.

Ocean Power Technologies Change In Receivables Historical Data

The historical data trend for Ocean Power Technologies'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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Ocean Power Technologies Change In Receivables Chart

Ocean Power Technologies Annual Data

Trend

Apr14

Apr15

Apr16

Apr17

Apr18

Apr19

Apr20

Apr21

Apr22

Apr23

Change In Receivables

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0.15

-0.26

-0.15

-0.30

-0.03

Ocean Power Technologies Quarterly Data
	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
Change In Receivables	Get a 7-Day Free Trial															0.08	-0.09	-0.11	0.17	-0.06

Ocean Power Technologies 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 Jan. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was €-0.09 Mil.

Ocean Power Technologies (STU:RUOB) 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.

Ocean Power Technologies's Days Sales Outstanding for the quarter that ended in Jan. 2024 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	0.574	/	1.645	*	91
=	31.84

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

Ocean Power Technologies's liquidation value for the quarter that ended in Jan. 2024 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	8.351	-	8.54	+	0.75 * 0.574	+	0.5 * 3.176
=	1.83

Ocean Power Technologies Change In Receivables Related Terms

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Ocean Power Technologies (STU:RUOB) Business Description

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GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Ocean Power Technologies Inc (STU:RUOB) » Definitions » Change In Receivables

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OPTT:USA

Address

28 Engelhard Drive, Suite B, Monroe Township, NJ, USA, 08831

Website

https://www.oceanpowertechnologies.com

Ocean Power Technologies Inc provides intelligent maritime solutions and services that enable safer, cleaner, and more productive ocean operations for the defense and security, oil and gas, science and research, and offshore wind markets. It provides ocean data collection and reporting, marine power, offshore communications, and Maritime Domain Awareness System (MDAS) products, integrated solutions, and consulting services. The company offers its products and services to a wide range of customers, including those in government and offshore energy, oil and gas, construction, wind power, and other industries. The company has operations in North and South America, Europe, Asia and Australia.

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