OPTX (Syntec Optics Holdings) Change In Receivables : $0.50 Mil (TTM As of Sep. 2024)

View and export this data going back to 2023. Start your Free Trial

What is Syntec Optics Holdings Change In Receivables?

Syntec Optics Holdings's change in receivables for the quarter that ended in Sep. 2024 was $-0.04 Mil. It means Syntec Optics Holdings's Accounts Receivable increased by $0.04 Mil from Jun. 2024 to Sep. 2024 .

Syntec Optics Holdings's change in receivables for the fiscal year that ended in Dec. 2023 was $-0.85 Mil. It means Syntec Optics Holdings's Accounts Receivable increased by $0.85 Mil from Dec. 2022 to Dec. 2023 .

Syntec Optics Holdings's Accounts Receivable for the quarter that ended in Sep. 2024 was $5.82 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. Syntec Optics Holdings's Days Sales Outstanding for the three months ended in Sep. 2024 was 67.54.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Syntec Optics Holdings's liquidation value for the three months ended in Sep. 2024 was $-6.57 Mil.

Syntec Optics Holdings Change In Receivables Historical Data

The historical data trend for Syntec Optics Holdings'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.

* Premium members only.

Syntec Optics Holdings Change In Receivables Chart

Syntec Optics Holdings Annual Data

Trend

Dec21

Dec22

Dec23

Change In Receivables

-1.34

-0.66

-0.85

Syntec Optics Holdings Quarterly Data
	Dec21	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Change In Receivables	Get a 7-Day Free Trial				0.67	-0.34	1.73	-0.85	-0.04

Syntec Optics Holdings 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. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.50 Mil.

Syntec Optics Holdings (NAS:OPTX) 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.

Syntec Optics Holdings's Days Sales Outstanding for the quarter that ended in Sep. 2024 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	5.822	/	7.866	*	91
=	67.54

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

Syntec Optics Holdings's liquidation value for the quarter that ended in Sep. 2024 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	0.477	-	15.189	+	0.75 * 5.822	+	0.5 * 7.561
=	-6.57

Syntec Optics Holdings Change In Receivables Related Terms

Thank you for viewing the detailed overview of Syntec Optics Holdings's Change In Receivables provided by GuruFocus.com. Please click on the following links to see related term pages.

Syntec Optics Holdings Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Syntec Optics Holdings Inc (NAS:OPTX) » Definitions » Change In Receivables

Comparable Companies

Traded in Other Exchanges

N/A

Address

515 Lee Road, Rochester, NY, USA, 14606

Website

https://www.syntecoptics.com

Syntec Optics Holdings Inc is vertically integrated from design and component manufacturing for lens system assembly to imaging module integration for system solutions. Making its tools, molding, and nano machining allows close interaction and recut ability, enabling special techniques to hold tolerances to sub-micron levels. It has steadily developed a variety of other complementary manufacturing techniques to provide a wide suite of horizontal capabilities including thin film deposition coatings, glass molding, polymer molding, tool-making, mechanical manufacturing, and nano machining.

Executives

Brent David Rosenthal	director	C/O WR HUFF ASSET MANAGEMENT, 67 PARK PLACE, MORRISTOWN NJ 07960
Albert Manzone	director	C/O MERISANT, AVENUE JEAN-JACQUES ROUSSEAU 7, NEUCHATEL V8 CH-2000
Walter A. Bishop	director	813 REGENT DRIVE, WESTBURY NY 11590
Goldman Sachs & Co. Llc	10 percent owner	200 WEST STREET, NEW YORK NY 10282
Goldman Sachs Group Inc	10 percent owner	200 WEST STREET, NEW YORK NY 10282
Jeffrey A Altman	10 percent owner	640 FIFTH AVENUE, 20TH FLOOR, NEW YORK NY 10019
Owl Creek Asset Management, L.p.	10 percent owner	640 FIFTH AVENUE, 20TH FLOOR, NEW YORK NY 10019
Polar Asset Management Partners Inc.	10 percent owner	16 YORK STREET SUITE 2900, TORONTO A6 M5J 0E6
James M. Jenkins	director	1600 BAUSCH & LOMB PLACE, ROCHESTER NY 14604
Kent R Weldon	director	C/O THOMAS H. LEE PARTNERS, L.P., 100 FEDERAL STREET, 35TH FLOOR, BOSTON MA 02110
Brian F. Hughes	director	124 COLONIAL RIDGE DRIVE, HADDONFIELD NJ 08033
Mark D Norman	director	C/O ZIPCAR, INC., 25 FIRST STREET, 4TH FLOOR, CAMBRIDGE MA 02141
Skylar Jacobs	officer: Chief Operating Officer	1 IRVING TERRACE, CAMBRIDGE MA 02138
Nelson Robert O Ii	officer: CFO and Secretary	29 HIDDEN ROAD, WESTON MA 02493
Alok Kapoor	director, 10 percent owner, officer: Chairman and CEO	157 BEAVER, WESTON MA 02493