GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Optec International Inc (OTCPK:OPTI) » Definitions » Accounts Receivable

Optec International (Optec International) Accounts Receivable : $0.00 Mil (As of Dec. 2018)


View and export this data going back to 2015. Start your Free Trial

What is Optec International Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Optec International's accounts receivables for the quarter that ended in Dec. 2018 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. Optec International's Net-Net Working Capital per share for the quarter that ended in Dec. 2018 was $-0.31.


Optec International Accounts Receivable Historical Data

The historical data trend for Optec International'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.

Optec International Accounts Receivable Chart

Optec International Annual Data
Trend Jun15 Jun16 Jun17
Accounts Receivable
- - 0.01

Optec International Quarterly Data
Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18
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 0.14 0.05 - - -

Optec International Accounts Receivable Calculation

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


Optec International 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.

Optec International's Days Sales Outstanding for the quarter that ended in Dec. 2018 is calculated as:

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

Optec International's Net-Net Working Capital Per Share for the quarter that ended in Dec. 2018 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)
=(0.009+0.75 * 0+0.5 * 0.081-5.546
-0-0)/18.007
=-0.31

* 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.


Optec International Accounts Receivable Related Terms

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


Optec International (Optec International) Business Description

Traded in Other Exchanges
N/A
Address
1385 Park Center Drive, Vista, CA, USA, 92081
Optec International Inc is a provider of green technologies for continued reduction of fossil fuel usage, pollution and greenhouse gas emissions. It is engaged in the distribution of Green technologies, the OPTEC Fuel Maximizer and the OPTEC Led Solar lighting systems. The company is also involved in the distribution of Optec UV-C technology Solutions, PPE and related healthcare products. Its OPTEC Fuel Maximizer products is a patented plug-in-play aftermarket automotive device.