POCI (Precision Optics) Change In Receivables : $0.01 Mil (TTM As of Dec. 2024)

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What is Precision Optics Change In Receivables?

Precision Optics's change in receivables for the quarter that ended in Dec. 2024 was $-0.38 Mil. It means Precision Optics's Accounts Receivable increased by $0.38 Mil from Sep. 2024 to Dec. 2024 .

Precision Optics's change in receivables for the fiscal year that ended in Jun. 2024 was $0.36 Mil. It means Precision Optics's Accounts Receivable declined by $0.36 Mil from Jun. 2023 to Jun. 2024 .

Precision Optics's Accounts Receivable for the quarter that ended in Dec. 2024 was $3.51 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. Precision Optics's Days Sales Outstanding for the three months ended in Dec. 2024 was 70.67.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Precision Optics's liquidation value for the three months ended in Dec. 2024 was $-3.27 Mil.

Precision Optics Change In Receivables Historical Data

The historical data trend for Precision Optics'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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Precision Optics Change In Receivables Chart

Precision Optics Annual Data

Trend

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Jun24

Change In Receivables

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0.68

-0.40

-0.02

-1.24

0.36

Precision Optics Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Change In Receivables	Get a 7-Day Free Trial															1.02	-0.71	0.68	0.42	-0.38

Precision Optics 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 Dec. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.01 Mil.

Precision Optics (NAS:POCI) 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.

Precision Optics's Days Sales Outstanding for the quarter that ended in Dec. 2024 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	3.506	/	4.527	*	91
=	70.67

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

Precision Optics's liquidation value for the quarter that ended in Dec. 2024 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	0.212	-	8.035	+	0.75 * 3.506	+	0.5 * 3.848
=	-3.27

Precision Optics Change In Receivables Related Terms

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Precision Optics Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Precision Optics Corp Inc (NAS:POCI) » Definitions » Change In Receivables

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Traded in Other Exchanges

N/A

Address

22 East Broadway, Gardner, MA, USA, 01440

Website

https://www.poci.com

Precision Optics Corp Inc is engaged in designing, developing, and manufacturing advanced optical instruments. It manufactures medical products such as endoscopes and endocouplers which incorporate various optical technologies for use in a variety of minimally invasive surgical and diagnostic procedures. The company also produces endoscopes for various applications as well as designs and manufactures custom optical medical devices to satisfy customers' specific requirements. In addition, the company manufactures and sells components and assemblies specially designed for industrial and military use. The company earns the majority of its revenue from the United States.

Executives

Peter V. Anania	director, 10 percent owner	C/O PRECISION OPTICS CORPORATION, INC., 22 EAST BROADWAY, GARDNER MA 01440
Mahesh Lawande	officer: Chief Operating Officer	14 PUTNAM ROAD, ACTON MA 01720
Wayne M Coll	officer: Chief Financial Officer
Joseph Norman Forkey	director, officer: Chief Executive Officer	C/O PRECISION OPTICS CORPORATION INC, 22 EAST BROADWAY, GARDNER MA 01440
Edward Kevin Dahill	officer: Interim CFO	137 HOLLOW TREE RIDGE ROAD, DARIEN CT 06820
Norman H Pessin	10 percent owner	C/O LEVY, HARKINS & CO., INC., 366 MADISON AVENUE, 14TH FLOOR, NEW YORK NY 10017
Sandra F Pessin	10 percent owner	C/O NORMAN PESSIN, 366 MADISON AVENUE, 14TH FLOOR, NEW YORK NY 10017
Brian L. Pessin	10 percent owner	310 EAST 75TH STREET, APT. 2A, NEW YORK NY 10021
Jeffrey Dirubio	officer: VP of Sales and Marketing	22 EAST BROADWAY, GARDNER MA 01440
Stuart Steinberg	10 percent owner	85 BELLEVUE AVENUE, RYE NY 10580
Daniel S Habhegger	officer: Chief Financial Officer	22 EAST BROADWAY, GARDNER MA 01440
Divaker Mangadu	officer: Pres., Ross Optical Division	22 EAST BROADWAY, GARDNER MA 01440
Hershey Strategic Capital, Lp	10 percent owner	C/O HERSHEY STRATEGIC CAPITAL GP, LLC, 6 POMPANO ROAD, RUMSON NJ 07760
Peter H Woodward	director	30 WEST 63RD STREET, SUITE 18G, NEW YORK NY 10023
Andrew J Miclow	director	C/O PRECISION OPTICS CORPORATION INC., 22 EAST BROADWAY, GARDNER MA 01440