OPST (OPT Sciences) Change In Receivables: $-0.30 Mil (TTM As of Jul. 2015)

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What is OPT Sciences Change In Receivables?

OPT Sciences OPST Change In Receivables is $-0.30 Mil as of Jul. 2015.

OPT Sciences's change in receivables for the quarter that ended in Jul. 2015 was $-0.08 Mil. It means OPT Sciences's Accounts Receivable increased by $0.08 Mil from Apr. 2015 to Jul. 2015 .

OPT Sciences's change in receivables for the fiscal year that ended in Oct. 2014 was $-0.44 Mil. It means OPT Sciences's Accounts Receivable increased by $0.44 Mil from Oct. 2013 to Oct. 2014 .

OPT Sciences's Accounts Receivable for the quarter that ended in Jul. 2015 was $1.39 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. OPT Sciences's Days Sales Outstanding for the three months ended in Jul. 2015 was 64.08.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. OPT Sciences's liquidation value for the three months ended in Jul. 2015 was $13.24 Mil.

OPT Sciences  (OTCPK:OPST) 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.

OPT Sciences's Days Sales Outstanding for the quarter that ended in Jul. 2015 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=1.387/1.975*91
=64.08

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

OPT Sciences's liquidation value for the quarter that ended in Jul. 2015 is calculated as:

Liquidation Value
=Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=12.335-0.669+0.75 * 1.387+0.5 * 1.069
=13.24

* 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.

OPT Sciences Change In Receivables Related Terms

OPT Sciences Change In Receivables Historical Data

* Premium members only.

The historical data trend for OPT Sciences'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.

OPT Sciences Change In Receivables Chart

OPT Sciences Annual Data
Trend Oct05 Oct06 Oct07 Oct08 Oct09 Oct10 Oct11 Oct12 Oct13 Oct14
Change In Receivables
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.09 -0.31 -0.42 0.31 -0.44

OPT Sciences Quarterly Data
Oct10 Jan11 Apr11 Jul11 Oct11 Jan12 Apr12 Jul12 Oct12 Jan13 Apr13 Jul13 Oct13 Jan14 Apr14 Jul14 Oct14 Jan15 Apr15 Jul15
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 -0.04 -0.40 0.09 0.10 -0.08

OPT Sciences 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 Jul. 2015 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.30 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 $-0.30 Mil mean?
OPT Sciences (OPST) has a Change In Receivables of $-0.30 Mil as of Jul. 2015. Change in Receivables is the difference between current-period receivables and past-period receivables. View historical data for OPT Sciences and its competitors.
Is OPT Sciences' Change In Receivables too high?
OPT Sciences' current Change In Receivables is $-0.30 Mil.
How does OPT Sciences' Change In Receivables compare to SDEV and SIF?
OPT Sciences' Change In Receivables of $-0.30 Mil can be compared against companies in the Aerospace & Defense 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 an Aerospace & Defense company?
A good Change In Receivables depends on the Aerospace & Defense 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 OPT Sciences and its competitors. OPT Sciences's current Change In Receivables is $-0.30 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is OPT Sciences stock overvalued right now?
OPT Sciences (OPST) has a current Change In Receivables of $-0.30 Mil. The current Change In Receivables is $-0.30 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 OPT Sciences (OPST), the current Change In Receivables is $-0.30 Mil as of Jul. 2015. 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.

OPT Sciences Business Description

Address 1912 Bannard Street, Cinnaminson, NJ, USA, 08077
OPT Sciences Corp through its operating subsidiary O & S Research, manufactures precision optical components for the Aerospace Industry. It provides anti-glare optical coatings, panels for liquid crystal displays ("LCD"), LCD glass heaters, and electromagnetic interference shielding glass. In addition, it also offers glass cutting, grinding, and painting services. Geographically, the activities are performed in the United States and it derives revenue from product sales when products are shipped to customers.