OMTK (OmniTek Engineering) Change In Receivables: $-0.02 Mil (TTM As of Jun. 2026)

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What is OmniTek Engineering Change In Receivables?

OmniTek Engineering OMTK +16.07% Change In Receivables is $-0.02 Mil as of Jun. 2026. The stock has 3 warning signs investors should review.

OmniTek Engineering's change in receivables for the quarter that ended in Jun. 2026 was $-0.01 Mil. It means OmniTek Engineering's Accounts Receivable increased by $0.01 Mil from Mar. 2026 to Jun. 2026 .

OmniTek Engineering's change in receivables for the fiscal year that ended in Dec. 2025 was $-0.01 Mil. It means OmniTek Engineering's Accounts Receivable increased by $0.01 Mil from Dec. 2024 to Dec. 2025 .

OmniTek Engineering's Accounts Receivable for the quarter that ended in Jun. 2026 was $0.04 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. OmniTek Engineering's Days Sales Outstanding for the three months ended in Jun. 2026 was 12.23.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. OmniTek Engineering's liquidation value for the three months ended in Jun. 2026 was $-1.71 Mil.


OmniTek Engineering  (OTCPK:OMTK) 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.

OmniTek Engineering's Days Sales Outstanding for the quarter that ended in Jun. 2026 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0.041/0.306*91
=12.23

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

OmniTek Engineering's liquidation value for the quarter that ended in Jun. 2026 is calculated as:

Liquidation Value
=Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=0.045-2.029+0.75 * 0.041+0.5 * 0.483
=-1.71

* 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.


OmniTek Engineering Change In Receivables Related Terms


OmniTek Engineering Change In Receivables Historical Data

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The historical data trend for OmniTek Engineering'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.

OmniTek Engineering Change In Receivables Chart

OmniTek Engineering Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Change In Receivables
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.01 -0.00 -0.00 -0.00 -0.01

OmniTek Engineering Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 -0.01 -0.01 -0.00 -0.01 -0.01

OmniTek Engineering 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. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.02 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 $-0.02 Mil mean?
OmniTek Engineering (OMTK) has a Change In Receivables of $-0.02 Mil as of Jun. 2026. Change in Receivables is the difference between current-period receivables and past-period receivables. View historical data for OmniTek Engineering and its competitors.
Is OmniTek Engineering's Change In Receivables too high?
OmniTek Engineering's current Change In Receivables is $-0.02 Mil.
How does OmniTek Engineering's Change In Receivables compare to REEAF and ORLY?
OmniTek Engineering's Change In Receivables of $-0.02 Mil can be compared against companies in the Vehicles & Parts 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 Vehicles & Parts company?
A good Change In Receivables depends on the Vehicles & Parts 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 OmniTek Engineering and its competitors. OmniTek Engineering's current Change In Receivables is $-0.02 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is OmniTek Engineering stock overvalued right now?
Based on GuruFocus' analysis, OmniTek Engineering (OMTK) is currently considered Modestly Overvalued. The stock's GF Value™ is $0.01, compared to a current price of $0.01 — trading 30% above its estimated fair value. The current Change In Receivables is $-0.02 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 OmniTek Engineering (OMTK), the current Change In Receivables is $-0.02 Mil as of Jun. 2026. 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.

OmniTek Engineering Business Description

Address 1345 Specialty Drive, No. E, Vista, CA, USA, 92081
OmniTek Engineering Corp is a developer or manufacturer of patented hotwires spark plug wires. It develops and sells proprietary diesel-to-natural gas engine conversion systems and complementary products, including new natural gas engines that utilize the company's technology. Omnitek products are available for stationary applications in the transportation industry, which includes light commercial vehicles, minibuses, heavy-duty trucks, municipal buses, as well as rail and marine applications. Omnitek's current product line includes: A kit for converting diesel engines to run on an alternative fuel; New complete natural gas engines; A high-pressure natural gas coalescing filter; and Natural gas engine components.