OmniVision Technologies (OVTI)
OmniVision Technologies Accruals: 91.18M
View OVTI Accruals with YCharts Pro.
Access these YCharts Pro features:
Export any data you want
Save any chart as an image
Utilize advanced screener power
View 30 years of financial history
over 90 advanced calculations
Enjoy an advertising free experience
OVTI Accruals Rankings
| Overall | 94th percentile | 256 of 4311 |
| Sector | 97th percentile | 21 of 790 in Technology |
| Industry | 88th percentile | 5 of 45 in Semiconductor - Integrated Circuits |
OVTI Accruals Range, Past 5 Years
| Minimum | -46.47M | Jul 2009 |
| Maximum | 91.18M | Jan 2012 |
| Average | 1.080M |
About Accruals
Accruals are the non-cash net income earned by a business as a result of accrual based accounting. Mathematically, they are Net Income less Cash Flows from Operations.
Businesses with large positive accruals generally have large non-cash earnings like sales on account that have not yet been paid by customers. Those with negative accruals often are paid up-front for services and recognize the revenue over time as they perform the pre-paid service (newspapers are a good example of this type of business), or they may have large non-cash expenses such as depreciation.
Beware businesses that have large positive accruals over long periods of time. They are a signal of low quality earnings numbers (earnings without much actual cash behind them, in a simple sense). Accruals are also a key element of the Beneish M-Score which detects earnings manipulation, and companies with higher accruals relative to their assets are more likely to have been manipulating earnings.
Learn More
You may also be interested in these OVTI related companies
OVTI News
May 30, 5:22PM Street Insider
May 30, 8:55AM Benzinga
May 30, 8:00AM PR Newswire
about a day ago by CodiSmith
about a day ago by CodiSmith
about a day ago by CodiSmith
about a day ago by TradeIdeasQuant
about a day ago by lamonicabuzz
May 29, 8:00AM PR Newswire
about 6 days ago by johnkelly
May 17, 11:39AM Seeking Alpha
about 22 days ago by CodiSmith
May 03, 4:31PM PR Newswire
Apr 10, 8:00AM PR Newswire
Recent Quotes
| Symbol | Price | Chg | Chg % | Market Cap |
|---|---|---|---|---|
| OVTI | 15.22 | -0.18 | -1.20% | 898.90M |
| OVRL | 2.12 | +0.00 | +0.00% | 57.56M |
| OVLY | 7.41 | +0.12 | +1.66% | 57.21M |
| OVBC | 20.10 | +0.00 | +0.00% | 81.00M |
| OUTD | 6.46 | -0.17 | -2.56% | 171.12M |
| NYH | 13.97 | +0.17 | +1.26% | |
| NYF | 111.22 | +0.24 | +0.22% | |
| NYC | 69.79 | +0.75 | +1.08% | |
| NYB | 12.42 | -0.36 | -2.82% | 5.606B |
| NY | 62.43 | +0.44 | +0.72% |
