OTCFF (Ocumetics Technology) Change In Receivables : $0.02 Mil (TTM As of Sep. 2024)

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What is Ocumetics Technology Change In Receivables?

Ocumetics Technology's change in receivables for the quarter that ended in Sep. 2024 was $0.02 Mil. It means Ocumetics Technology's Accounts Receivable declined by $0.02 Mil from Jun. 2024 to Sep. 2024 .

Ocumetics Technology's change in receivables for the fiscal year that ended in Dec. 2023 was $-0.00 Mil. It means Ocumetics Technology's Accounts Receivable increased by $0.00 Mil from Dec. 2022 to Dec. 2023 .

Ocumetics Technology's Accounts Receivable for the quarter that ended in Sep. 2024 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. Ocumetics Technology's liquidation value for the three months ended in Sep. 2024 was $-1.82 Mil.

Ocumetics Technology Change In Receivables Historical Data

The historical data trend for Ocumetics Technology'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.

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Ocumetics Technology Change In Receivables Chart

Ocumetics Technology Annual Data

Trend

Jul20

Jul21

Dec22

Dec23

Change In Receivables

-0.02

0.01

Ocumetics Technology Quarterly Data
	Jul21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Change In Receivables	Get a 7-Day Free Trial								0.02	-0.01	-0.01	0.02	0.02

Ocumetics Technology 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 $0.02 Mil.

Ocumetics Technology (OTCPK:OTCFF) 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.

Ocumetics Technology's Days Sales Outstanding for the quarter that ended in Sep. 2024 is calculated as:

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

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

Ocumetics Technology'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)
=	1.479	-	3.297	+	0.75 * 0	+	0.5 * 0
=	-1.82

Ocumetics Technology Change In Receivables Related Terms

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Ocumetics Technology Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Ocumetics Technology Corp (OTCPK:OTCFF) » Definitions » Change In Receivables

Comparable Companies

Traded in Other Exchanges

2QB0:Germany OTC:Canada

Address

639 - 5th Avenue S.W., Suite 1250, Calgary, AB, CAN, T2P 0M9

Website

https://www.ocumetics.com

Ocumetics Technology Corp is a Canadian-based research and product development company. The company is engaged in developing an accommodating intraocular lens to eliminate the need for corrective lenses, especially for people over 45 years of age.

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