OMNIQ (OMQS) Change In Receivables

: $4.95 Mil (TTM As of Dec. 2023)

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OMNIQ's change in receivables for the quarter that ended in Dec. 2023 was $0.85 Mil. It means OMNIQ's Accounts Receivable declined by $0.85 Mil from Sep. 2023 to Dec. 2023 .

OMNIQ's change in receivables for the fiscal year that ended in Dec. 2023 was $4.95 Mil. It means OMNIQ's Accounts Receivable declined by $4.95 Mil from Dec. 2022 to Dec. 2023 .

OMNIQ's Accounts Receivable for the quarter that ended in Dec. 2023 was $18.65 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. OMNIQ's Days Sales Outstanding for the three months ended in Dec. 2023 was 110.21.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. OMNIQ's liquidation value for the three months ended in Dec. 2023 was $-55.82 Mil.

OMNIQ Change In Receivables Historical Data

The historical data trend for OMNIQ'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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OMNIQ Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

5.57

-2.95

-3.29

1.47

4.95

OMNIQ Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Change In Receivables																2.78	-2.23	7.06	-0.74	0.85

OMNIQ 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. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $4.95 Mil.

OMNIQ (NAS:OMQS) 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.

OMNIQ's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	18.654	/	15.445	*	91
=	110.21

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

OMNIQ's liquidation value for the quarter that ended in Dec. 2023 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	1.678	-	74.506	+	0.75 * 18.654	+	0.5 * 6.028
=	-55.82

OMNIQ Change In Receivables Related Terms

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OMNIQ (OMQS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » OMNIQ Corp (NAS:OMQS) » Definitions » Change In Receivables

Comparable Companies

Traded in Other Exchanges

N/A

Address

1865 West 2100 South, Salt Lake City, UT, USA, 84119

Website

https://www.omniq.com

OMNIQ Corp provides computerized and machine vision image processing solutions that use patented and proprietary artificial intelligence (AI) technology to deliver data collection, real time surveillance and monitoring for supply chain management, homeland security, public safety, traffic and parking management and access control applications. The company provides products and solutions to two markets: supply chain management and smart/safe city.

Executives

Neev Nissenson	director	42 CARRY WAY, CARSON CITY NV 89521
Mina Ayala Teicher	director	22 VITKIN ST, TEL AVIV L3 63474
Guy Elhanani	director	11 YOSEF NAKAR STREET, PETAH TIQVA L3 4977359
Itzhak Almog	director	7/A MOLEDET ST, HOD HASHARON L3 45341
Shai Lustgarten	director, officer: Chief Executive Officer	27, HAMETZUDA STREET, AZOR L3 5800171
Jason F Griffith	director, officer: Chief Financial Officer	2580 ANTHEM VILLAGE DRIVE, HENDERSON NV 89052
Carlos Jaime Nissensohn	10 percent owner	TRAVESA DE PRAIA 128, PRAIA DA LUZ S1 8600
Benjamin Kemper	officer: Chief Financial Officer	1251 S. 1650 W, SYRACUSE UT 84075
Andrew J Macmillan	director, officer: Chief Executive Officer	NTS, INC., 5307 W. LOOP 289, LUBBOCK TX 79414
Yaron Shalem	director	5 YISHAYAHU,, AURECH STREET,, TEL AVIV, L3 00000
Joseph Trombino	officer: Chief Financial Officer	860 CONGER STREET, EUGENE OR 97402
Gilles Gaudreault	director, officer: Chief Executive Officer	2580 ANTHEM VILLAGE DR., HENDERSON NV 89052
Viascan Group Inc.	10 percent owner	8102 TRANSCANADA HWY, ST-LAURENT A8 H751M5
Lewis William Austin Iv	director	201 E 87TH STREET, APT 5H, NEW YORK NY 10128
Robert F. Shepard	director	2580 ANTHEM VILLAGE DRIVE, HENDERSON NV 89052