GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Omni Ventures Inc (OTCPK:OMVE) » Definitions » Accounts Receivable

Omni Ventures (Omni Ventures) Accounts Receivable : $0.02 Mil (As of Jun. 2012)


View and export this data going back to 2009. Start your Free Trial

What is Omni Ventures Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Omni Ventures's accounts receivables for the quarter that ended in Jun. 2012 was $0.02 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Omni Ventures's Days Sales Outstanding for the quarter that ended in Jun. 2012 was 57.79.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Omni Ventures's Net-Net Working Capital per share for the quarter that ended in Jun. 2012 was $-0.01.


Omni Ventures Accounts Receivable Historical Data

The historical data trend for Omni Ventures'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.

Omni Ventures Accounts Receivable Chart

Omni Ventures Annual Data
Trend Sep09 Sep10 Sep11
Accounts Receivable
- - 0.03

Omni Ventures Quarterly Data
Dec08 Mar09 Jun09 Sep09 Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12
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 0.01 0.03 - - 0.02

Omni Ventures Accounts Receivable Calculation

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


Omni Ventures 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.

Omni Ventures's Days Sales Outstanding for the quarter that ended in Jun. 2012 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0.019/0.03*91
=57.79

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

Omni Ventures's Net-Net Working Capital Per Share for the quarter that ended in Jun. 2012 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+0.75 * 0.019+0.5 * 0.085-0.909
-0.023-0)/155.177
=-0.01

* 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.


Omni Ventures Accounts Receivable Related Terms

Thank you for viewing the detailed overview of Omni Ventures's Accounts Receivable provided by GuruFocus.com. Please click on the following links to see related term pages.


Omni Ventures (Omni Ventures) Business Description

Traded in Other Exchanges
N/A
Address
10940 Parallel Parkway, Suite K-257, Kansas City, KS, USA, 66109
Omni Ventures Inc through its wholly-owned subsidiary is primarily involved in the apparel design, manufacturing and distribution activities.
Executives
Bruce Harmon officer: Chief Financial Officer 316 DEL PRADO BLVD. S., SUITE 204, CAPE CORAL FL 33990

Omni Ventures (Omni Ventures) Headlines

No Headlines