OLITW (OmniLit Acquisition) Change In Receivables: $0.00 Mil (TTM As of Sep. 2023)

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OLITW OmniLit Acquisition Corp OLITW
20 GF Score
Price $0.08
! 1 Warning Sign
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What is OmniLit Acquisition Change In Receivables?

OmniLit Acquisition OLITW +33.33% 20 Change In Receivables is $0.00 Mil as of Sep. 2023. GuruFocus rates OLITW with a GF Score™ of 20/100. The stock has 1 warning sign investors should review.

OmniLit Acquisition's change in receivables for the quarter that ended in Sep. 2023 was $0.00 Mil. It means OmniLit Acquisition's Accounts Receivable stayed the same from Jun. 2023 to Sep. 2023 .

OmniLit Acquisition's change in receivables for the fiscal year that ended in Dec. 2022 was $-0.01 Mil. It means OmniLit Acquisition's Accounts Receivable increased by $0.01 Mil from Dec. 2021 to Dec. 2022 .

OmniLit Acquisition's Accounts Receivable for the quarter that ended in Sep. 2023 was $0.00 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.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. OmniLit Acquisition's liquidation value for the three months ended in Sep. 2023 was $-1.32 Mil.

OmniLit Acquisition  (NAS:OLITW) 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.

OmniLit Acquisition's Days Sales Outstanding for the quarter that ended in Sep. 2023 is calculated as:

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

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

OmniLit Acquisition's liquidation value for the quarter that ended in Sep. 2023 is calculated as:

Liquidation Value
=Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=0.325-1.645+0.75 * 0+0.5 * 0
=-1.32

* 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.

OmniLit Acquisition Change In Receivables Related Terms

OmniLit Acquisition Change In Receivables Historical Data

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The historical data trend for OmniLit Acquisition'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.

OmniLit Acquisition Change In Receivables Chart

OmniLit Acquisition Annual Data
Trend Dec21 Dec22
Change In Receivables
0.00 -0.01

OmniLit Acquisition Quarterly Data
May21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
Change In Receivables Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.00
OLITW
20GF Score
OmniLit Acquisition Corp OLITW
Change In Receivables is just one metric. See GF Score™, valuation, warning signs, and more.
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OmniLit Acquisition 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. 2023 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.

Frequently Asked Questions Learn more about Change In Receivables →
What does a Change In Receivables of $0.00 Mil mean?
OmniLit Acquisition (OLITW) has a Change In Receivables of $0.00 Mil as of Sep. 2023. Change in Receivables is the difference between current-period receivables and past-period receivables. View historical data for OmniLit Acquisition and its competitors.
Is OmniLit Acquisition's Change In Receivables too high?
OmniLit Acquisition's current Change In Receivables is $0.00 Mil. Overall, OmniLit Acquisition has a GF Score™ of 20/100, reflecting its overall financial health beyond just this single metric.
How does OmniLit Acquisition's Change In Receivables compare to AFAR and LBBB?
OmniLit Acquisition's Change In Receivables of $0.00 Mil can be compared against companies in the Diversified Financial Services 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 Diversified Financial Services company?
A good Change In Receivables depends on the Diversified Financial Services 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 OmniLit Acquisition and its competitors. OmniLit Acquisition's current Change In Receivables is $0.00 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is OmniLit Acquisition stock overvalued right now?
OmniLit Acquisition (OLITW) has a current Change In Receivables of $0.00 Mil. The current Change In Receivables is $0.00 Mil. OmniLit Acquisition's overall GF Score™ is 20/100 with 1 warning sign to review. 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 OmniLit Acquisition (OLITW), the current Change In Receivables is $0.00 Mil as of Sep. 2023. 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.

OmniLit Acquisition Business Description

Address 1111 Lincoln Road, Suite 500, Miami Beach, FL, USA, 33139
OmniLit Acquisition Corp is a blank check company.
20GF Score

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Change In Receivables is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$0.08
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