OMHE (Omni Health) Change In Receivables: $-0.84 Mil (TTM As of Jan. 2017)

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What is Omni Health Change In Receivables?

Omni Health OMHE -96.67% Change In Receivables is $-0.84 Mil as of Jan. 2017.

Omni Health's change in receivables for the quarter that ended in Jan. 2017 was $0.09 Mil. It means Omni Health's Accounts Receivable declined by $0.09 Mil from Oct. 2016 to Jan. 2017 .

Omni Health's change in receivables for the fiscal year that ended in Apr. 2016 was $-0.01 Mil. It means Omni Health's Accounts Receivable increased by $0.01 Mil from Apr. 2015 to Apr. 2016 .

Omni Health's Accounts Receivable for the quarter that ended in Jan. 2017 was $0.84 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 Health's Days Sales Outstanding for the three months ended in Jan. 2017 was 52.05.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Omni Health's liquidation value for the three months ended in Jan. 2017 was $-1.01 Mil.

Omni Health  (OTCPK:OMHE) 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 Health's Days Sales Outstanding for the quarter that ended in Jan. 2017 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0.839/1.471*91
=52.05

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

Omni Health's liquidation value for the quarter that ended in Jan. 2017 is calculated as:

Liquidation Value
=Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=0.008-1.794+0.75 * 0.839+0.5 * 0.286
=-1.01

* 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 Health Change In Receivables Related Terms

Omni Health Change In Receivables Historical Data

* Premium members only.

The historical data trend for Omni Health'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.

Omni Health Change In Receivables Chart

Omni Health Annual Data
Trend Apr14 Apr15 Apr16
Change In Receivables
0.00 0.00 -0.01

Omni Health Quarterly Data
Apr14 Jul14 Oct14 Jan15 Apr15 Jul15 Oct15 Jan16 Apr16 Jul16 Oct16 Jan17
Change In Receivables Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.00 0.00 -0.75 -0.17 0.09

Omni Health 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 Jan. 2017 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.84 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 $-0.84 Mil mean?
Omni Health (OMHE) has a Change In Receivables of $-0.84 Mil as of Jan. 2017. Change in Receivables is the difference between current-period receivables and past-period receivables. View historical data for Omni Health and its competitors.
Is Omni Health's Change In Receivables too high?
Omni Health's current Change In Receivables is $-0.84 Mil.
How does Omni Health's Change In Receivables compare to MYDP and HEWA?
Omni Health's Change In Receivables of $-0.84 Mil can be compared against companies in the Healthcare Providers & 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 Healthcare Providers & Services company?
A good Change In Receivables depends on the Healthcare Providers & 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 Omni Health and its competitors. Omni Health's current Change In Receivables is $-0.84 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Omni Health stock overvalued right now?
Omni Health (OMHE) has a current Change In Receivables of $-0.84 Mil. The current Change In Receivables is $-0.84 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 Omni Health (OMHE), the current Change In Receivables is $-0.84 Mil as of Jan. 2017. 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.

Omni Health Business Description

Address 400 W 41st Street, Suite 506, Miami Beach, FL, USA, 33140
Omni Health Inc is a vertically integrated healthcare company operating a pharmacy provider and focused on developing and distributing anti-aging products.