Ocean Power Technologies Inc 's ability to collect its outstanding accounts receivable from its corporate clients, has improved in the first quarter 2026 to a ratio of 1.88, above the company average. This is a clear sign of healthy business climate in the Electric Utilities industry and improving liquidity at their respective customers, during the first quarter 2026. Average receivable collection period, for the Ocean Power Technologies Inc in Jul 31 2026 quarter, has decreased to 194 days, compared to 245 days, in the Apr 30 2026 quarter.

If we take a look into Utilities sector 126 other companies have achieved higher receivables turnover ratio. While total ranking has deteriorated relative to the period ending Jul 31 2026 from 3716 to 3789.

What is Receivable Turnover Ratio?
What is Ocean Power Technologies Inc Selling?

What is Receivable Turnover Ratio?

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OPTT Receivables Turnover Ratio	(Jul 31 2026) I. Quarter	(Apr 30 2026) IV. Quarter	(Jan 31 2026) III. Quarter	(Oct 31 2025) II. Quarter	(Jul 31 2025) I. Quarter
Y / Y Receivable Change	-43.41 %	-50.71 %	277.12 %	-38.38 %	129.18 %
Y / Y Revenue Change	44.08 %	22.85 %	-37.82 %	-82.46 %	-9.15 %
Receivable Turnover Ratio (TTM)	1.88	1.49	1.29	2.45	3.37
OPTT's Total Ranking	# 3789	# 3716	# 2962	# 2992	# 2835
Accounts Receivable average collection period days	194	245	282	149	108
Seq. Receivable Change	112.78 %	-90.43 %	457.45 %	-50.16 %	85.31 %
Seq. Revenue Change	5.25 %	215.4 %	20.99 %	-64.13 %	-10.25 %

Receivable Turnover Company Ranking
Within:	No.
Electric Utilities Industry	# 67
Utilities Sector	# 127
Overall Market	# 3789

Receivable Turnover Ratio Statistics
High	Average	Low
0.22	0.08	0.02
(Jan 31 2025)		(Jan 31 2022)

OPTT Company Profile • Back to OPTT Efficiency Comparisons • Compare OPTT Receivables Turnover Ratio to its Competitors

Financial Statements
Ocean Power Technologies Inc 's Accounts Receivable	$ 1 Millions	Visit OPTT's Balance sheet
Ocean Power Technologies Inc 's Sales TTM	$ 4 Millions	Visit OPTT's Income Statement
Sources of OPTT's Revenues		Visit OPTT's Sales by Geography

Other Accounts Receivable Turnover Ratios
Electric Utilities Industry Accounts Receivable Turnover Trends and Statistics
Utilities Sector Accounts Receivable Turnover Statistics
Accounts Receivables Turnover Trends for overall market
OPTT's Receivable Turnover Ratio versus Electric Utilities Industry, Utilities Sector and total Market
Highest Ranking Accounts Receivables Turnover
Lowest Ranking Accounts Receivables Turnover

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OPTT's Profitability Ratios	OPTT's Roi	OPTT's Asset Turnover Ratio	OPTT's Dividend Growth
OPTT's Valuation Ratios	OPTT's Roe	OPTT's Financial Strength Ratios	OPTT's Dividend Payout Ratio

Companies with similar Receivables Turnover Ratio for the quarter ending Jul 31 2026, within Utilities Sector	Receivable Turnover Ratio	Revenues for 12 Months ending Jul 31 2026	Receivable at quarter ending Jul 31 2026
California Water Service Group	9.32	$ 608.877 Millions	$ 65.301 Millions
Northwestern Energy Group Inc	9.18	$ 1,691.386 Millions	$ 184.218 Millions
Oge Energy Corp	9.15	$ 3,235.300 Millions	$ 353.775 Millions
Nrg Energy Inc	9.01	$ 33,125.000 Millions	$ 3,677.000 Millions
Ugi Corporation	8.65	$ 7,296.000 Millions	$ 843.500 Millions
Vistra Corp	8.61	$ 19,212.000 Millions	$ 2,231.750 Millions
Portland General Electric Company	8.17	$ 3,534.000 Millions	$ 432.500 Millions
Genie Energy Ltd	8.00	$ 501.558 Millions	$ 62.659 Millions
Dpl Llc	7.71	$ 1,196.200 Millions	$ 155.050 Millions
Nisource Inc	7.60	$ 13,710.100 Millions	$ 1,804.750 Millions
Otter Tail Corporation	7.55	$ 1,310.435 Millions	$ 173.610 Millions
Summit Midstream Corporation	7.50	$ 583.332 Millions	$ 77.810 Millions
Ormat Technologies Inc	7.22	$ 1,187.996 Millions	$ 164.581 Millions
Dt Midstream Inc	7.17	$ 1,310.000 Millions	$ 182.750 Millions
Xplr Infrastructure Lp	7.13	$ 1,202.000 Millions	$ 168.500 Millions
Black Hills Corporation	7.04	$ 2,299.300 Millions	$ 326.475 Millions
Clearway Energy Inc	7.04	$ 1,574.000 Millions	$ 223.500 Millions
Clearway Energy Llc	7.04	$ 1,574.000 Millions	$ 223.500 Millions
Opal Fuels Inc	6.98	$ 339.886 Millions	$ 48.691 Millions
Unitil Corporation	6.93	$ 596.500 Millions	$ 86.075 Millions
Ipalco Enterprises Inc	6.87	$ 1,980.506 Millions	$ 288.376 Millions
Consolidated Edison Inc	6.87	$ 17,689.000 Millions	$ 2,575.750 Millions
Williams companies inc	6.77	$ 12,204.000 Millions	$ 1,802.000 Millions
Public Service Enterprise Group Incorporated	6.71	$ 12,543.000 Millions	$ 1,868.750 Millions
Hawaiian Electric Industries inc	6.69	$ 3,282.584 Millions	$ 490.582 Millions
Tennessee Valley Authority	6.66	$ 13,951.000 Millions	$ 2,094.750 Millions
Kodiak Gas Services Inc	6.09	$ 1,392.494 Millions	$ 228.638 Millions
Wec Energy Group Inc	5.98	$ 10,137.400 Millions	$ 1,693.950 Millions
Chesapeake Utilities Corp	5.71	$ 993.500 Millions	$ 173.925 Millions
Spruce Power Holding Corporation	5.54	$ 108.522 Millions	$ 19.590 Millions

Date modified: 2026-09-26T06:52:07+00:00

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