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Omni Health (Omni Health) Accounts Receivable : $0.84 Mil (As of Jan. 2017)


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What is Omni Health Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Omni Health's accounts receivables for the quarter that ended in Jan. 2017 was $0.84 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Omni Health's Days Sales Outstanding for the quarter that ended in Jan. 2017 was 52.05.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Omni Health's Net-Net Working Capital per share for the quarter that ended in Jan. 2017 was $-0.00.


Omni Health Accounts Receivable Historical Data

The historical data trend for Omni Health's Accounts Receivable 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.

Omni Health Accounts Receivable Chart

Omni Health Annual Data
Trend Apr14 Apr15 Apr16
Accounts Receivable
- - 0.01

Omni Health Quarterly Data
Apr14 Jul14 Oct14 Jan15 Apr15 Jul15 Oct15 Jan16 Apr16 Jul16 Oct16 Jan17
Accounts Receivable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.03 0.01 0.76 0.79 0.84

Omni Health Accounts Receivable Calculation

Accounts Receivable is money owed to a business by customers and shown on its Balance Sheet as an asset.


Omni Health Accounts Receivable 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 receivables are being managed.

Omni Health's Days Sales Outstanding for the quarter that ended in Jan. 2017 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0.839/1.471*91
=52.05

2. In Ben Graham's calculation of Net-Net Working Capital (NNWC), Omni Health's accounts receivable are only considered to be worth 75% of book value:

Omni Health's Net-Net Working Capital Per Share for the quarter that ended in Jan. 2017 is calculated as:

Net-Net Working Capital Per Share
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(0.008+0.75 * 0.839+0.5 * 0.286-1.794
-0-0)/975.829
=-0.00

* 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.


Be Aware

Net receivables tells us a great deal about the different competitors in the same industry. In competitive industries, some attempt to gain advantage by offering better credit terms, causing increase in sales and receivables.

If company consistently shows lower % Net receivables to gross sales than competitors, then it usually has some kind of competitive advantage which requires further digging.

Average Days Sales Outstanding is a good indicator for measuring a company's sales channel and customers. A company may book great revenue and earnings growth but never receive payment from their customers. This may force a write-off in the future and depress future earnings.


Omni Health Accounts Receivable Related Terms

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Omni Health (Omni Health) Business Description

Traded in Other Exchanges
N/A
Address
5966 West 16th Avenue, Miami Beach, FL, USA, 33012
Omni Health Inc operates a pharmacy in Miami Beach, Florida. The company operates through its subsidiary as a vertically integrated company focused on healthcare and operating in the lucrative pharmaceutical, medical and wellness industries.

Omni Health (Omni Health) Headlines