Opto Circuits (India) (NSE:OPTOCIRCUI) Change In Receivables: ₹0.0 Mil (TTM As of Jun. 2021)

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NSE:OPTOCIRCUI Opto Circuits (India) Ltd NSE:OPTOCIRCUI
4 GF Score
Price ₹1.80
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What is Opto Circuits (India) Change In Receivables?

Opto Circuits (India) NSE:OPTOCIRCUI 4 Change In Receivables is ₹0.0 Mil as of Jun. 2021. GuruFocus rates NSE:OPTOCIRCUI with a GF Score™ of 4/100.

Opto Circuits (India)'s change in receivables for the quarter that ended in Jun. 2021 was ₹0.0 Mil. It means Opto Circuits (India)'s Accounts Receivable stayed the same from Dec. 2020 to Jun. 2021 .

Opto Circuits (India)'s change in receivables for the fiscal year that ended in Mar. 2020 was ₹3,433.4 Mil. It means Opto Circuits (India)'s Accounts Receivable declined by ₹3,433.4 Mil from Mar. 2019 to Mar. 2020 .

Opto Circuits (India)'s Accounts Receivable for the quarter that ended in Jun. 2021 was ₹0.0 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. Opto Circuits (India)'s Days Sales Outstanding for the three months ended in Jun. 2021 was 0.00.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Opto Circuits (India)'s liquidation value for the three months ended in Jun. 2021 was ₹0.0 Mil.

Opto Circuits (India)  (NSE:OPTOCIRCUI) 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.

Opto Circuits (India)'s Days Sales Outstanding for the quarter that ended in Jun. 2021 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0/0.899*91
=0.00

2. In Ben Graham's calculation of liquidation value, Opto Circuits (India)'s accounts receivable are only considered to be worth 75% of book value:

Opto Circuits (India)'s liquidation value for the quarter that ended in Jun. 2021 is calculated as:

Liquidation Value
=Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=0-0+0.75 * 0+0.5 * 0
=0.0

* 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.

Opto Circuits (India) Change In Receivables Related Terms

Opto Circuits (India) Change In Receivables Historical Data

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The historical data trend for Opto Circuits (India)'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.

Opto Circuits (India) Change In Receivables Chart

Opto Circuits (India) Annual Data
Trend Mar11 Mar12 Mar13 Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20
Change In Receivables
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3,549.74 7,070.44 3,368.17 2,282.86 3,433.43

Opto Circuits (India) Quarterly Data
Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Jun21
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 0.00 0.00 0.00 0.00 0.00
NSE:OPTOCIRCUI
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Opto Circuits (India) Ltd NSE:OPTOCIRCUI
Change In Receivables is just one metric. See GF Score™, valuation, warning signs, and more.
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Opto Circuits (India) 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. 2021 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹0.0 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 ₹0.0 Mil mean?
Opto Circuits (India) (NSE:OPTOCIRCUI) has a Change In Receivables of ₹0.0 Mil as of Jun. 2021. Change in Receivables is the difference between current-period receivables and past-period receivables. View historical data for Opto Circuits (India) and its competitors.
Is Opto Circuits (India)'s Change In Receivables too high?
Opto Circuits (India)'s current Change In Receivables is ₹0.0 Mil. Overall, Opto Circuits (India) has a GF Score™ of 4/100, reflecting its overall financial health beyond just this single metric.
How does Opto Circuits (India)'s Change In Receivables compare to ABT and MDT?
Opto Circuits (India)'s Change In Receivables of ₹0.0 Mil can be compared against companies in the Medical Devices & Instruments 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 Medical Devices & Instruments company?
A good Change In Receivables depends on the Medical Devices & Instruments 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 Opto Circuits (India) and its competitors. Opto Circuits (India)'s current Change In Receivables is ₹0.0 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Opto Circuits (India) stock overvalued right now?
Opto Circuits (India) (NSE:OPTOCIRCUI) has a current Change In Receivables of ₹0.0 Mil. The current Change In Receivables is ₹0.0 Mil. Opto Circuits (India)'s overall GF Score™ is 4/100. 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 Opto Circuits (India) (NSE:OPTOCIRCUI), the current Change In Receivables is ₹0.0 Mil as of Jun. 2021. 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.

Opto Circuits (India) Business Description

Address Plot No. 83, Hosur Road, 1st Floor, Electronic City, Bengalore, KA, IND, 560 100
Opto Circuits (India) Ltd along with its subsidiaries are engaged in the design, development, manufacture, marketing, and distribution of a range of medical products. The company's product is used by the healthcare industry, schools, and fire stations. The service line of the company consists of providing vital signs monitoring, emergency cardiac care, vascular treatments, and sensing technologies. The business of the company operates in segments that include Sensors, Monitors, and Others. The Sensors segment generates maximum revenue for the company. Geographically the company exports its products to America, Europe, and Asia markets.
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