OP Bancorp (OP Bancorp) Change In Receivables : $-1.07 Mil (TTM As of Mar. 2024)

View and export this data going back to 2005. Start your Free Trial

What is OP Bancorp Change In Receivables?

OP Bancorp's change in receivables for the quarter that ended in Mar. 2024 was $-0.11 Mil. It means OP Bancorp's Accounts Receivable increased by $0.11 Mil from Dec. 2023 to Mar. 2024 .

OP Bancorp's change in receivables for the fiscal year that ended in Dec. 2023 was $-1.08 Mil. It means OP Bancorp's Accounts Receivable increased by $1.08 Mil from Dec. 2022 to Dec. 2023 .

OP Bancorp's Accounts Receivable for the quarter that ended in Mar. 2024 was $8.37 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. OP Bancorp's Days Sales Outstanding for the three months ended in Mar. 2024 was 39.04.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. OP Bancorp's liquidation value for the three months ended in Mar. 2024 was $-1,706.95 Mil.

OP Bancorp Change In Receivables Historical Data

The historical data trend for OP Bancorp'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.

* Premium members only.

OP Bancorp Change In Receivables Chart

OP Bancorp Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

Get a 7-Day Free Trial

-0.10

-1.46

0.24

-2.40

-1.08

OP Bancorp Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Change In Receivables	Get a 7-Day Free Trial															-0.12	-0.40	-0.29	-0.26	-0.11

OP Bancorp 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 Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $-1.07 Mil.

OP Bancorp (NAS:OPBK) 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.

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

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	8.37	/	19.565	*	91
=	39.04

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

OP Bancorp's liquidation value for the quarter that ended in Mar. 2024 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	326.566	-	2039.795	+	0.75 * 8.37	+	0.5 * 0
=	-1,706.95

OP Bancorp Change In Receivables Related Terms

Thank you for viewing the detailed overview of OP Bancorp's Change In Receivables provided by GuruFocus.com. Please click on the following links to see related term pages.

OP Bancorp (OP Bancorp) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » OP Bancorp (NAS:OPBK) » Definitions » Change In Receivables

Comparable Companies

Traded in Other Exchanges

N/A

Address

1000 Wilshire Boulevard, Suite 500, Los Angeles, CA, USA, 90017

Website

https://www.myopenbank.com

OP Bancorp is engaged in the financial service domain in the United States. It is a holding company of the Open Bank, which is a California state-chartered an FDIC-insured financial institution. The company core activities reflect accepting deposits and making loans and investments. Its deposit products are demand and time deposits, and the primary lending products are commercial business loans which are offered to small and medium-sized businesses.

Executives

Hyung J Kim	director	1000 WILSHIRE BLVD., SUITE 500, LOS ANGELES CA 90017
Sunny Kwon	director	1000 WILSHIRE BLVD., SUITE 500, LOS ANGELES CA 90017
Yong Sin Shin	director	1000 WILSHIRE BLVD, SUITE 500, LOS ANGELES CA 90017
Brian Choi	director	1000 WILSHIRE BLVD, SUITE 500, LOS ANGELES CA 90017
Ock Hee Kim	director	1000 WILSHIRE BLVD, SUITE 500, LOS ANGELES CA 90017
Ryan Shin	officer: Chief SBA Officer	1000 WILSHIRE BLVD., SUITE 500, LOS ANGELES CA 90017
Jae H. Park	officer: Chief Risk Officer	1000 WILSHIRE BLVD., SUITE 500, LOS ANGELES CA 90017
Ki Won Yoon	officer: Chief Lending Officer	1000 WILSHIRE BLVD, SUITE 500, LOS ANGELES CA 90017
Kathrine Duncan	officer: Chief Risk Officer	1000 WILSHIRE BLVD, SUITE 500, LOS ANGELES CA 90017
Ihnsuk Jimmy Bang	officer: Chief Banking Officer	1000 WILSHIRE BLVD., SUITE 500, LOS ANGELES CA 90017
Ernest Dow	director	1000 WILSHIRE BLVD, SUITE 500, LOS ANGELES CA 90017
Christine Yoon Oh	officer: Chief Financial Officer	3731 WILSHIRE BLVD., SUITE 1000, LOS ANGELES CA 90010
Myung Park	director	1000 WILSHIRE BLVD, SUITE 500, LOS ANGELES CA 90017
Jason Hwang	director	1000 WILSHIRE BLVD, SUITE 500, LOS ANGELES CA 90017
Sang Kyo Oh	officer: CHIEF CREDIT OFFICER	1000 WILSHIRE BOULEVARD, SUITE 500, LOS ANGELES CA 90017