Opal Luxury Time Products (NSE:OPAL) Change In Receivables : ₹47.67 Mil (TTM As of Sep. 2019)

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What is Opal Luxury Time Products Change In Receivables?

Opal Luxury Time Products's change in receivables for the quarter that ended in Sep. 2019 was ₹47.67 Mil. It means Opal Luxury Time Products's Accounts Receivable declined by ₹47.67 Mil from Sep. 2018 to Sep. 2019 .

Opal Luxury Time Products's change in receivables for the fiscal year that ended in Mar. 2018 was ₹38.04 Mil. It means Opal Luxury Time Products's Accounts Receivable declined by ₹38.04 Mil from Mar. 2017 to Mar. 2018 .

Opal Luxury Time Products's Accounts Receivable for the quarter that ended in Sep. 2019 was ₹10.12 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. Opal Luxury Time Products's Days Sales Outstanding for the six months ended in Sep. 2019 was 246.56.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Opal Luxury Time Products's liquidation value for the six months ended in Sep. 2019 was ₹-210.65 Mil.

Opal Luxury Time Products Change In Receivables Historical Data

The historical data trend for Opal Luxury Time Products'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.

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Opal Luxury Time Products Change In Receivables Chart

Opal Luxury Time Products Annual Data

Trend

Mar12

Mar13

Mar14

Mar15

Mar16

Mar17

Mar18

Change In Receivables

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-16.71

1.21

-3.26

-65.01

38.04

Opal Luxury Time Products Semi-Annual Data
	Mar12	Mar13	Mar14	Mar15	Mar16	Mar17	Mar18	Sep18	Sep19
Change In Receivables	Get a 7-Day Free Trial				-	-	-	5.28	47.67

Opal Luxury Time Products 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 Sep. 2019 adds up the semi-annually data reported by the company within the most recent 12 months, which was ₹47.67 Mil.

Opal Luxury Time Products (NSE:OPAL) 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.

Opal Luxury Time Products's Days Sales Outstanding for the quarter that ended in Sep. 2019 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	10.119	/	7.49	*	91
=	246.56

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

Opal Luxury Time Products's liquidation value for the quarter that ended in Sep. 2019 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	0.167	-	221.131	+	0.75 * 10.119	+	0.5 * 5.446
=	-210.65

Opal Luxury Time Products Change In Receivables Related Terms

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Opal Luxury Time Products (NSE:OPAL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Furnishings, Fixtures & Appliances » Opal Luxury Time Products Ltd (NSE:OPAL) » Definitions » Change In Receivables

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Traded in Other Exchanges

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Address

Senapati Bapat Road, Shree Ganesh, Plot No. 31, 1st Floor, Shivaji Housing Society, Behind ICC Tower, Pune, MH, IND, 411016

Website

http://www.opalclocks.com

Opal Luxury Time Products Ltd is engaged in manufacturing and marketing of home decor products and designs, manufactures, assembles, markets and primarily in India and offers watches, wall and table clocks, and allied products and accessories. The firm markets its products through a network of distributors, dealers, home décor stores, furniture stores, crockery dealers, and organized retailers under the Opal brand. The company operates 333 counters and 11 online shopping portals in India. The firm offers a diverse product mix which varies with the following parameters: - Price Range, Mould-component-make (wood, metal, acrylic, glass, etc.) and Styles (statue, table, digital, and contemporary). It also offers its products through opalclocks.com, an online shopping portal.