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OptiBiotix Health (AQSE:OPTI.GB) Change In Receivables : £0.27 Mil (TTM As of Jun. 2024)


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What is OptiBiotix Health Change In Receivables?

OptiBiotix Health's change in receivables for the quarter that ended in Jun. 2024 was £0.07 Mil. It means OptiBiotix Health's Accounts Receivable declined by £0.07 Mil from Dec. 2023 to Jun. 2024 .

OptiBiotix Health's change in receivables for the fiscal year that ended in Dec. 2023 was £0.06 Mil. It means OptiBiotix Health's Accounts Receivable declined by £0.06 Mil from Dec. 2022 to Dec. 2023 .

OptiBiotix Health's Accounts Receivable for the quarter that ended in Jun. 2024 was £0.39 Mil.

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 Receivable are being managed. OptiBiotix Health's Days Sales Outstanding for the six months ended in Jun. 2024 was 259.86.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. OptiBiotix Health's liquidation value for the six months ended in Jun. 2024 was £1.02 Mil.


OptiBiotix Health Change In Receivables Historical Data

The historical data trend for OptiBiotix Health's Change In Receivables 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.

OptiBiotix Health Change In Receivables Chart

OptiBiotix Health Annual Data
Trend Jul12 Nov14 Nov15 Nov16 Nov17 Nov18 Dec20 Dec21 Dec22 Dec23
Change In Receivables
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.27 -0.04 -0.91 1.12 0.06

OptiBiotix Health Semi-Annual Data
May14 Nov14 May15 Nov15 May16 Nov16 May17 Nov17 May18 Nov18 May19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
Change In Receivables 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 0.66 0.46 -0.14 0.21 0.07

OptiBiotix Health Change In Receivables Calculation

Change In Accounts Receivable relative to the previous period. It is any increase or decrease in the cash a company is owed by its customers.

Change In Receivables for the trailing twelve months (TTM) ended in Jun. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was £0.27 Mil.

* 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.


OptiBiotix Health  (AQSE:OPTI.GB) Change In Receivables 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 Receivable are being managed.

OptiBiotix Health's Days Sales Outstanding for the quarter that ended in Jun. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0.393/0.276*91
=259.86

2. In Ben Graham's calculation of liquidation value, OptiBiotix Health's accounts receivable are only considered to be worth 75% of book value:

OptiBiotix Health's liquidation value for the quarter that ended in Jun. 2024 is calculated as:

Liquidation Value
=Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=1.263-0.665+0.75 * 0.393+0.5 * 0.258
=1.02

* 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.


OptiBiotix Health Change In Receivables Related Terms

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OptiBiotix Health Business Description

Traded in Other Exchanges
Address
Innovation Centre, Innovation Way, Heslington, York, GBR, YO10 5DG
OptiBiotix Health PLC is engaged in the field of healthcare. As a life science company, its prime focus lies in researching the area of biotechnology. Its activities include the identification of microbial strains, compounds, and formulations for use in food ingredients, supplements, and active compounds that can impact human physiology, deriving potential health benefits. The company derives majority of the revenue from the sale of Functional Fibres. The company markets its products in the United Kingdom under trademark names such as OptiBiotix, SweetBiotix, and SkinBioTherapeutics.

OptiBiotix Health Headlines

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