Optec International (Optec International) Receivables Turnover : 0.00 (As of Dec. 2018)

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What is Optec International Receivables Turnover?

The Receivables Turnover ratio measures the number of times a company collects its average accounts receivable balance. It is calculated as Revenue divided by average Accounts Receivable. An efficient company has a higher accounts receivable turnover ratio while an inefficient company has a lower ratio. Optec International's Revenue for the three months ended in Dec. 2018 was $0.00 Mil. Optec International's average Accounts Receivable for the three months ended in Dec. 2018 was $0.00 Mil.

Optec International Receivables Turnover Historical Data

The historical data trend for Optec International's Receivables Turnover 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 Receivables Turnover Chart

Optec International Annual Data

Trend

Jun15

Jun16

Jun17

Receivables Turnover

4.80

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

Competitive Comparison of Optec International's Receivables Turnover

For the Auto Parts subindustry, Optec International's Receivables Turnover, along with its competitors' market caps and Receivables Turnover data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Optec International's Receivables Turnover Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Optec International's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Optec International's Receivables Turnover falls into.

Optec International Receivables Turnover Calculation

Receivables Turnover measures the number of times a company collects its average accounts receivable balance.

Optec International's Receivables Turnover for the fiscal year that ended in Jun. 2017 is calculated as

	Receivables Turnover (A: Jun. 2017 )
=	Revenue	/	Average Total Inventories
=	Revenue (A: Jun. 2017 )	/ (	(Accounts Receivable (A: Jun. 2016 )	+	Accounts Receivable (A: Jun. 2017 ))	/	count )
=	0.024	/ (	(0	+	0.005)	/	1 )
=	0.024	/	0.005
=	4.80

Optec International's Receivables Turnover for the quarter that ended in Dec. 2018 is calculated as

	Receivables Turnover (Q: Dec. 2018 )
=	Revenue	/	Average Total Inventories
=	Revenue (Q: Dec. 2018 )	/ (	(Accounts Receivable (Q: Sep. 2018 )	+	Accounts Receivable (Q: Dec. 2018 ))	/	count )
=	0	/ (	(0	+	0)	/	1 )
=	0	/	0
=	N/A

Optec International (OTCPK:OPTI) Receivables Turnover Explanation

An efficient company has a higher accounts receivable turnover ratio while an inefficient company has a lower ratio. This metric is commonly used to compare companies within the same industry to check whether they are on par with their competitors.

Optec International Receivables Turnover 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 » Receivables Turnover

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.