OLITW (OmniLit Acquisition) Accounts Receivable: $0.00 Mil (As of Sep. 2023)

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OLITW OmniLit Acquisition Corp OLITW
20 GF Score
Price $0.08
! 1 Warning Sign
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What is OmniLit Acquisition Accounts Receivable?

OmniLit Acquisition OLITW +33.33% 20 Accounts Receivable is $0.00 Mil as of Sep. 2023. GuruFocus rates OLITW with a GF Score™ of 20/100. The stock has 1 warning sign investors should review.

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. OmniLit Acquisition's accounts receivables for the quarter that ended in Sep. 2023 was $0.00 Mil.

Accounts receivable can be measured by Days Sales Outstanding.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. OmniLit Acquisition's Net-Net Working Capital per share for the quarter that ended in Sep. 2023 was $N/A.


OmniLit Acquisition 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.

OmniLit Acquisition's Days Sales Outstanding for the quarter that ended in Sep. 2023 is calculated as:

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

OmniLit Acquisition's Net-Net Working Capital Per Share for the quarter that ended in Sep. 2023 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)
=(0.325+0.75 * 0+0.5 * 0-1.645
-0-0)/0
=N/A

* 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.


OmniLit Acquisition Accounts Receivable Related Terms


OmniLit Acquisition Accounts Receivable Historical Data

* Premium members only.

The historical data trend for OmniLit Acquisition'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.

OmniLit Acquisition Accounts Receivable Chart

OmniLit Acquisition Annual Data
Trend Dec21 Dec22
Accounts Receivable
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OmniLit Acquisition Quarterly Data
May21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
Accounts Receivable Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.00
OLITW
20GF Score
OmniLit Acquisition Corp OLITW
Accounts Receivable is just one metric. See GF Score™, valuation, warning signs, and more.
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OmniLit Acquisition Accounts Receivable Calculation

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

Frequently Asked Questions Learn more about Accounts Receivable →
What does a Accounts Receivable of $0.00 Mil mean?
OmniLit Acquisition (OLITW) has a Accounts Receivable of $0.00 Mil as of Sep. 2023. Accounts receivable is the amount a company expects to receive from credit-extending customers. View historical data on OmniLit Acquisition and its competitors.
Is OmniLit Acquisition's Accounts Receivable too high?
OmniLit Acquisition's current Accounts Receivable is $0.00 Mil. Overall, OmniLit Acquisition has a GF Score™ of 20/100, reflecting its overall financial health beyond just this single metric.
How does OmniLit Acquisition's Accounts Receivable compare to AFAR and LBBB?
OmniLit Acquisition's Accounts Receivable of $0.00 Mil can be compared against companies in the Diversified Financial Services industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Accounts Receivable for a Diversified Financial Services company?
A good Accounts Receivable depends on the Diversified Financial Services industry context. However, Accounts Receivable should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Accounts Receivable mean?
A high Accounts Receivable can signal that a stock is expensive relative to its fundamentals. Accounts receivable is the amount a company expects to receive from credit-extending customers. View historical data on OmniLit Acquisition and its competitors. OmniLit Acquisition's current Accounts Receivable is $0.00 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is OmniLit Acquisition stock overvalued right now?
OmniLit Acquisition (OLITW) has a current Accounts Receivable of $0.00 Mil. The current Accounts Receivable is $0.00 Mil. OmniLit Acquisition's overall GF Score™ is 20/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Accounts Receivable calculated?
Accounts Receivable is calculated from a company's financial statements. For OmniLit Acquisition (OLITW), the current Accounts Receivable is $0.00 Mil as of Sep. 2023. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

OmniLit Acquisition Business Description

Address 1111 Lincoln Road, Suite 500, Miami Beach, FL, USA, 33139
OmniLit Acquisition Corp is a blank check company.
20GF Score

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Accounts Receivable is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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