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Oportun Financial (Oportun Financial) Accounts Receivable : $0.0 Mil (As of Mar. 2024)


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What is Oportun Financial Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Oportun Financial's accounts receivables for the quarter that ended in Mar. 2024 was $0.0 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Oportun Financial's Days Sales Outstanding for the quarter that ended in Mar. 2024 was 0.00.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Oportun Financial's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was $-79.42.


Oportun Financial Accounts Receivable Historical Data

The historical data trend for Oportun Financial'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.

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Oportun Financial Accounts Receivable Chart

Oportun Financial Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Accounts Receivable
Get a 7-Day Free Trial 17.19 15.43 20.92 31.80 -

Oportun Financial Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Accounts Receivable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 31.75 30.85 29.02 - -

Oportun Financial Accounts Receivable Calculation

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


Oportun Financial 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.

Oportun Financial's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0/79.167*91
=0.00

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

Oportun Financial's Net-Net Working Capital Per Share for the quarter that ended in Mar. 2024 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)
=(69.2+0.75 * 0+0.5 * 0-2895.529
-0-0)/35.5892
=-79.42

* 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.


Oportun Financial Accounts Receivable Related Terms

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Oportun Financial (Oportun Financial) Business Description

Traded in Other Exchanges
Address
2 Circle Star Way, San Carlos, CA, USA, 94070
Oportun Financial Corp is engaged in providing financial services to people who either do not have a credit score or who may have a limited credit history. The company offers Personal Loans and Auto Loans to its customers. Its product offerings include small-dollar, unsecured installment loans and other products and services.
Executives
Jules A. Maltz 10 percent owner 3000 SAND HILL ROAD, BUILDING 2, SUITE 250, MENLO PARK CA 94025
Institutional Venture Management Xiv, Llc 10 percent owner 3000 SAND HILL ROAD, BUILDING 2, SUITE 250, MENLO PARK CA 94025
Kathleen I. Layton officer: Chief Legal Officer 2 CIRCLE STAR WAY, SAN CARLOS CA 94070
Jonathan Aaron Coblentz officer: CFO & Chief Admin Officer 23 WEST 73RD STREET, APT 914, NEW YORK NY 10023
Raul Vazquez director, officer: Chief Executive Officer 500 STAPLES DR., FRAMINGHAM MA 01702
Aida Alvarez director 5995 PLAZA DRIVE MAIL ST CY20-103, CYPRESS CA 90630
Casey Mueller officer: Global Controller and PAO 2 CIRCLE STAR WAY, SAN CARLOS CA 94070
Patrick Kirscht officer: Chief Credit Officer 2 CIRCLE STAR WAY, SAN CARLOS CA 94070
Ginny Lee director 2 CIRCLE STAR WAY, SAN CARLOS CA 94070
Sandra Adele Smith director 2 CIRCLE STAR WAY, SAN CARLOS CA 94070
Frederic Welts director GOLDEN STATE WARRIORS, 1011 BROADWAY, OAKLAND CA 94607
Roy Banks director 6129 WEST 9600 NORTH, HIGHLAND UT 84003
Greylock Xii Gp Llc 10 percent owner 2550 SAND HILL ROAD, SUITE 200, MENLO PARK CA 94025
David Anthony Needham officer: Chief Technology Officer 2 CIRCLE STAR WAY, SAN CARLOS CA 94070
Joan Aristei officer: GC & Chief Compliance Officer 2 CIRCLE STAR WAY, SAN CARLOS CA 94070