Ossen Innovation Co Receivables

Ossen Innovation Co posts a receivables of $52M as of December 2020. That compares with $73M in the prior-year period — down 28.8% year over year. Comparing that reading with peers and prior periods is usually more useful than looking at the number in isolation.

In the prior comparable period, Ossen Innovation Co's receivables was $73M. The latest reading is $52M — a 28.8% year-over-year decrease (period ending December 2020). Use the history and growth charts on this page for a longer lookback.

Receivables is one piece of Ossen Innovation Co's financial statement story. At $52M, it should be interpreted next to related metrics — for example revenue with costs, assets with liabilities, or income with margins. Stockcircle links those related pages so you can move from this number to the surrounding context quickly.

Context for OSN's receivables usually means three checks: (1) trend versus prior periods, (2) level versus peers, and (3) consistency with growth and profitability. This page covers the first two; Ossen Innovation Co's other metric pages and overview cover the third.

Judging Ossen Innovation Co against Materials peers is usually better than using a market-wide rule of thumb. Business models inside Materials are more comparable, which makes gaps in receivables easier to interpret. Start with $52M here, then scan peer and history charts to see if the gap is persistent.