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 NSE:OPAL Change In Receivables is ₹47.67 Mil as of Sep. 2019.

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  (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

* 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.


Opal Luxury Time Products Change In Receivables Related Terms


Opal Luxury Time Products Change In Receivables Historical Data

* Premium members only.

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.

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
Get a 7-Day Free Trial -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 Premium Member Only 0.00 0.00 0.00 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.

* 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.

Frequently Asked Questions Learn more about Change In Receivables →
What does a Change In Receivables of ₹47.67 Mil mean?
Opal Luxury Time Products (NSE:OPAL) has a Change In Receivables of ₹47.67 Mil as of Sep. 2019. Change in Receivables is the difference between current-period receivables and past-period receivables. View historical data for Opal Luxury Time Products and its competitors.
Is Opal Luxury Time Products' Change In Receivables too high?
Opal Luxury Time Products' current Change In Receivables is ₹47.67 Mil.
How does Opal Luxury Time Products' Change In Receivables compare to FBHS and WHR?
Opal Luxury Time Products' Change In Receivables of ₹47.67 Mil can be compared against companies in the Furnishings, Fixtures & Appliances industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Change In Receivables for a Furnishings, Fixtures & Appliances company?
A good Change In Receivables depends on the Furnishings, Fixtures & Appliances industry context. However, Change In Receivables 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 Change In Receivables mean?
A high Change In Receivables can signal that a stock is expensive relative to its fundamentals. Change in Receivables is the difference between current-period receivables and past-period receivables. View historical data for Opal Luxury Time Products and its competitors. Opal Luxury Time Products's current Change In Receivables is ₹47.67 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Opal Luxury Time Products stock overvalued right now?
Opal Luxury Time Products (NSE:OPAL) has a current Change In Receivables of ₹47.67 Mil. The current Change In Receivables is ₹47.67 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Change In Receivables calculated?
Change In Receivables is calculated from a company's financial statements. For Opal Luxury Time Products (NSE:OPAL), the current Change In Receivables is ₹47.67 Mil as of Sep. 2019. 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.

Opal Luxury Time Products Business Description

Address Senapati Bapat Road, Shree Ganesh, Plot No. 31, 1st Floor, Shivaji Housing Society, Behind ICC Tower, Pune, MH, IND, 411016
Opal Luxury Time Products Ltd is engaged in manufacturing and marketing of home decor products and designs, manufactures, assembles, markets 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 decor 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.