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Omni Industries (XJAM:OMNI) Accounts Receivable : JMD0.00 Mil (As of . 20)


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What is Omni Industries Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Omni Industries's accounts receivables for the quarter that ended in . 20 was JMD0.00 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. Omni Industries's Net-Net Working Capital per share for the quarter that ended in . 20 was JMDN/A.


Omni Industries Accounts Receivable Historical Data

The historical data trend for Omni Industries'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.

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Omni Industries Accounts Receivable Chart

Omni Industries Annual Data
Trend
Accounts Receivable

Omni Industries Semi-Annual Data
Accounts Receivable

Omni Industries Accounts Receivable Calculation

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


Omni Industries 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 Industries's Days Sales Outstanding for the quarter that ended in . 20 is calculated as:

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

Omni Industries's Net-Net Working Capital Per Share for the quarter that ended in . 20 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)
=(+0.75 * +0.5 * -N/A
--)/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.


Omni Industries Accounts Receivable Related Terms

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Omni Industries Business Description

Traded in Other Exchanges
N/A
Address
Twickenham Park, Spanish Town, JAM
Omni Industries Ltd is engaged in the manufacturing and distributor of plastic products. Its products are PVC pipes and Fittings, Houseware and laundry plastic products, and Industrial plastic products.

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