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Omni Financial Services (Omni Financial Services) Change In Receivables : $0.00 Mil (TTM As of Sep. 2007)


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What is Omni Financial Services Change In Receivables?

Omni Financial Services's change in receivables for the quarter that ended in Sep. 2007 was $0.00 Mil. It means Omni Financial Services's Accounts Receivable stayed the same from Jun. 2007 to Sep. 2007 .

Omni Financial Services's change in receivables for the fiscal year that ended in Dec. 2006 was $0.00 Mil. It means Omni Financial Services's Accounts Receivable stayed the same from Dec. 2005 to Dec. 2006 .

Omni Financial Services's Accounts Receivable for the quarter that ended in Sep. 2007 was $6.99 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. Omni Financial Services's Days Sales Outstanding for the three months ended in Sep. 2007 was 61.61.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Omni Financial Services's liquidation value for the three months ended in Sep. 2007 was $-803.19 Mil.


Omni Financial Services Change In Receivables Historical Data

The historical data trend for Omni Financial Services'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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Omni Financial Services Change In Receivables Chart

Omni Financial Services Annual Data
Trend Dec01 Dec02 Dec04 Dec05 Dec06
Change In Receivables
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Omni Financial Services Quarterly Data
Dec01 Dec02 Mar04 Jun04 Sep04 Dec04 Mar05 Jun05 Sep05 Dec05 Mar06 Jun06 Sep06 Dec06 Mar07 Jun07 Sep07
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Omni Financial Services 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. 2007 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.00 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.


Omni Financial Services  (OTCPK:OFSI) 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.

Omni Financial Services's Days Sales Outstanding for the quarter that ended in Sep. 2007 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=6.993/10.358*91
=61.61

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

Omni Financial Services's liquidation value for the quarter that ended in Sep. 2007 is calculated as:

Liquidation Value
=Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=4.962-813.399+0.75 * 6.993+0.5 * 0
=-803.19

* 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.


Omni Financial Services Change In Receivables Related Terms

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Omni Financial Services (Omni Financial Services) Business Description

Traded in Other Exchanges
N/A
Address
12610 New Brittany Boulevard, Suite 2300, Ft. Myers, FL, USA, 33907
Omni Financial Services Inc is a financial services firm, helping its clients improve their long-term financial success. It offers financial products and the advice and expertise of financial professionals in the industry. It provides financial solutions to individuals and businesses.

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