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Omni Health (Omni Health) Change In Receivables : $-0.84 Mil (TTM As of Jan. 2017)


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What is Omni Health Change In Receivables?

Omni Health's change in receivables for the quarter that ended in Jan. 2017 was $0.09 Mil. It means Omni Health's Accounts Receivable declined by $0.09 Mil from Oct. 2016 to Jan. 2017 .

Omni Health's change in receivables for the fiscal year that ended in Apr. 2016 was $-0.01 Mil. It means Omni Health's Accounts Receivable increased by $0.01 Mil from Apr. 2015 to Apr. 2016 .

Omni Health's Accounts Receivable for the quarter that ended in Jan. 2017 was $0.84 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. Omni Health's Days Sales Outstanding for the three months ended in Jan. 2017 was 52.05.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Omni Health's liquidation value for the three months ended in Jan. 2017 was $-1.01 Mil.


Omni Health Change In Receivables Historical Data

The historical data trend for Omni Health'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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Omni Health Change In Receivables Chart

Omni Health Annual Data
Trend Apr14 Apr15 Apr16
Change In Receivables
- - -0.01

Omni Health Quarterly Data
Apr14 Jul14 Oct14 Jan15 Apr15 Jul15 Oct15 Jan16 Apr16 Jul16 Oct16 Jan17
Change In Receivables Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - -0.75 -0.17 0.09

Omni Health 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 Jan. 2017 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.84 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.


Omni Health  (OTCPK:OMHE) 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.

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 liquidation value, Omni Health's accounts receivable are only considered to be worth 75% of book value:

Omni Health's liquidation value for the quarter that ended in Jan. 2017 is calculated as:

Liquidation Value
=Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=0.008-1.794+0.75 * 0.839+0.5 * 0.286
=-1.01

* 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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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.

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