Opera (OPRA) Change In Receivables : $-16.0 Mil (TTM As of Mar. 2024)

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What is Opera Change In Receivables?

Opera's change in receivables for the quarter that ended in Mar. 2024 was $8.3 Mil. It means Opera's Accounts Receivable declined by $8.3 Mil from Dec. 2023 to Mar. 2024 .

Opera's change in receivables for the fiscal year that ended in Dec. 2023 was $-18.0 Mil. It means Opera's Accounts Receivable increased by $18.0 Mil from Dec. 2022 to Dec. 2023 .

Opera's Accounts Receivable for the quarter that ended in Mar. 2024 was $62.5 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. Opera's Days Sales Outstanding for the three months ended in Mar. 2024 was 55.94.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Opera's liquidation value for the three months ended in Mar. 2024 was $42.3 Mil.

Opera Change In Receivables Historical Data

The historical data trend for Opera'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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Opera Change In Receivables Chart

Opera Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

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-104.23

97.17

-7.29

-19.30

-17.96

Opera 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															6.34	-3.96	-4.81	-15.53	8.29

Opera 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 $-16.0 Mil.

Opera (NAS:OPRA) 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.

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

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	62.45	/	101.871	*	91
=	55.94

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

Opera'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)
=	91.338	-	95.827	+	0.75 * 62.45	+	0.5 * 0
=	42.3

Opera Change In Receivables Related Terms

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Opera (OPRA) Business Description

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Address

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Website

https://www.opera.com

Opera Ltd is a global internet brand with a large, engaged and growing base. It offers users around the globe a range of products and services that include a variety of PC and mobile browsers, Opera Gaming portals and development tools, Opera News content recommendation products, and a number of e-commerce products and services. Its features include tabbed browsing, data savings, PC/mobile sync, and numerous features focused on privacy and security, including ad blocking and a built-in VPN. Its browser products include Opera Mini, Opera Browser for Android and iOS, Opera for Computers, Opera GX and Opera GX Mobile, separate browsers tailored for gamers. The newest addition of browsers is the beta release of a Web3-centric browser for PC and mobile which is tailored for crypto enthusiasts.