OMWS (Omnia Wellness) Accounts Receivable: $0.05 Mil (As of Sep. 2022)

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What is Omnia Wellness Accounts Receivable?

Omnia Wellness OMWS Accounts Receivable is $0.05 Mil as of Sep. 2022.

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Omnia Wellness's accounts receivables for the quarter that ended in Sep. 2022 was $0.05 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Omnia Wellness's Days Sales Outstanding for the quarter that ended in Sep. 2022 was 175.98.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Omnia Wellness's Net-Net Working Capital per share for the quarter that ended in Sep. 2022 was $-0.04.

Omnia Wellness 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.

Omnia Wellness's Days Sales Outstanding for the quarter that ended in Sep. 2022 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0.054/0.028*91
=175.98

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

Omnia Wellness's Net-Net Working Capital Per Share for the quarter that ended in Sep. 2022 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 * 0.054+0.5 * 0.024-8.451
-0-0)/231.505
=-0.04

* 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.

Omnia Wellness Accounts Receivable Related Terms

Omnia Wellness Accounts Receivable Historical Data

* Premium members only.

The historical data trend for Omnia Wellness'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.

Omnia Wellness Accounts Receivable Chart

Omnia Wellness Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22
Accounts Receivable
Get a 7-Day Free Trial 0.00 0.00 0.00 0.04 0.21

Omnia Wellness Quarterly Data
Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22
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 0.00 0.04 0.21 0.11 0.05

Omnia Wellness 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 $0.05 Mil mean?
Omnia Wellness (OMWS) has a Accounts Receivable of $0.05 Mil as of Sep. 2022. Accounts receivable is the amount a company expects to receive from credit-extending customers. View historical data on Omnia Wellness and its competitors.
Is Omnia Wellness' Accounts Receivable too high?
Omnia Wellness' current Accounts Receivable is $0.05 Mil.
How does Omnia Wellness' Accounts Receivable compare to CNXA and BTN?
Omnia Wellness' Accounts Receivable of $0.05 Mil can be compared against companies in the Travel & Leisure 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 Travel & Leisure company?
A good Accounts Receivable depends on the Travel & Leisure 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 Omnia Wellness and its competitors. Omnia Wellness's current Accounts Receivable is $0.05 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Omnia Wellness stock overvalued right now?
Omnia Wellness (OMWS) has a current Accounts Receivable of $0.05 Mil. The current Accounts Receivable is $0.05 Mil. 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 Omnia Wellness (OMWS), the current Accounts Receivable is $0.05 Mil as of Sep. 2022. 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.

Omnia Wellness Business Description

Address 999 18th Street, Suite 3000, Denver, CO, USA, 80202
Omnia Wellness Inc Endo-Kinetic treatment provides a dynamic and effective full-body treatment to help soothe the body from pain, stress and exercise. Through SolaJet, AquaVive, SolaPro and Bodystop brands, the company is delivering wellness and value to users and professionals across the United States. Its flagship proprietary SolaJet Dry-Hydrotherapy System produces deep tissue penetration combined with therapeutic heat and sequential compression that combines three therapies in one to deliver the feeling of an hour-long traditional massage in as little as 15 minutes at an affordable price point for the user.