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Opus Bank (Opus Bank) Accounts Receivable : $26.2 Mil (As of Mar. 2020)


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What is Opus Bank Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Opus Bank's accounts receivables for the quarter that ended in Mar. 2020 was $26.2 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Opus Bank's Days Sales Outstanding for the quarter that ended in Mar. 2020 was 36.74.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Opus Bank's Net-Net Working Capital per share for the quarter that ended in Mar. 2020 was $-153.85.


Opus Bank Accounts Receivable Historical Data

The historical data trend for Opus Bank'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.

Opus Bank Accounts Receivable Chart

Opus Bank Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only 18.06 20.81 19.32 23.26 25.69

Opus Bank Quarterly Data
Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20
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 24.29 26.51 25.11 25.69 26.16

Opus Bank Accounts Receivable Calculation

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


Opus Bank 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.

Opus Bank's Days Sales Outstanding for the quarter that ended in Mar. 2020 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=26.163/64.976*91
=36.74

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

Opus Bank's Net-Net Working Capital Per Share for the quarter that ended in Mar. 2020 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)
=(1790.176+0.75 * 26.163+0.5 * 0-7376.894
-29.11-0)/36.3749
=-153.85

* 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.


Opus Bank Accounts Receivable Related Terms

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Opus Bank (Opus Bank) Business Description

Traded in Other Exchanges
N/A
Address
19900 MacArthur Blvd, 12th Floor, Irvine, CA, USA, 92612
Opus Bank is the United States-based commercial bank. It provides banking products, services, and solutions such as checking, savings, loans, credit cards, debit cards, commercial banking, corporate finance, and others. The bank generates its revenue in the form of interest income.

Opus Bank (Opus Bank) Headlines

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