GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Lydall Inc (NYSE:LDL) » Definitions » Accounts Receivable

Lydall (Lydall) Accounts Receivable : $128.4 Mil (As of Jun. 2021)


View and export this data going back to 1989. Start your Free Trial

What is Lydall Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Lydall's accounts receivables for the quarter that ended in Jun. 2021 was $128.4 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Lydall's Days Sales Outstanding for the quarter that ended in Jun. 2021 was 52.84.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Lydall's Net-Net Working Capital per share for the quarter that ended in Jun. 2021 was $-14.96.


Lydall Accounts Receivable Historical Data

The historical data trend for Lydall's Accounts Receivable 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.

Lydall Accounts Receivable Chart

Lydall Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 103.32 116.71 144.94 107.79 116.95

Lydall Quarterly Data
Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21
Accounts Receivable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 100.77 113.26 116.95 135.46 128.41

Lydall Accounts Receivable Calculation

Accounts Receivable is money owed to a business by customers and shown on its Balance Sheet as an asset.


Lydall Accounts Receivable 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 receivables are being managed.

Lydall's Days Sales Outstanding for the quarter that ended in Jun. 2021 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=128.407/221.744*91
=52.84

2. In Ben Graham's calculation of Net-Net Working Capital (NNWC), Lydall's accounts receivable are only considered to be worth 75% of book value:

Lydall's Net-Net Working Capital Per Share for the quarter that ended in Jun. 2021 is calculated as:

Net-Net Working Capital Per Share
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(102.544+0.75 * 128.407+0.5 * 88.226-512.701
-0-0)/18.033
=-14.96

* 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.


Be Aware

Net receivables tells us a great deal about the different competitors in the same industry. In competitive industries, some attempt to gain advantage by offering better credit terms, causing increase in sales and receivables.

If company consistently shows lower % Net receivables to gross sales than competitors, then it usually has some kind of competitive advantage which requires further digging.

Average Days Sales Outstanding is a good indicator for measuring a company's sales channel and customers. A company may book great revenue and earnings growth but never receive payment from their customers. This may force a write-off in the future and depress future earnings.


Lydall Accounts Receivable Related Terms

Thank you for viewing the detailed overview of Lydall's Accounts Receivable provided by GuruFocus.com. Please click on the following links to see related term pages.


Lydall (Lydall) Business Description

Traded in Other Exchanges
N/A
Address
One Colonial Road, Manchester, CT, USA, 06042
Lydall Inc, through its subsidiaries, designs and manufactures specialty engineered filtration media, industrial thermal insulating solutions, automotive thermal and acoustical barriers, medical filtration media and devices. The company's products are primarily sold directly to customers through an internal sales force and distributed via common carrier. Its reportable segments were Performance Materials, Technical Nonwovens and Thermal Acoustical Solutions. It derives most of its revenues from the United States of America.
Executives
Robert B. Junker officer: President, Lydall TNW LYDALL, INC. ONE COLONIAL ROAD MANCHESTER CT 06042
Kathleen Burdett director 553 AMOSTOWN ROAD WEST SPRINGFIELD MA 01089
Soderstrom S Carl Jr director 2135 WEST MAPLE RD, TROY MI 04084
Matthew Farrell director
Joseph A. Abbruzzi officer: Pres., Thermal Acoustical Solu C/O LYDALL, INC. ONE COLONIAL ROAD MANCHESTER CT 06042
Kelly C. Scott officer: Vice President, CHRO C/O LYDALL, INC. ONE COLONIAL ROAD MANCHESTER CT 06042
Marc T Giles director 1 COLONIAL ROAD, MANCHESTER CT 06042
John J Tedone officer: VP Finance & Chief Acct Off 501 DUNN ROAD, COVENTRY CT 06238
Ashish P. Diwanji officer: SVP, Innovation & CTO C/O LYDALL, INC. ONE COLONIAL ROAD MANCHESTER CT 06074
James J Cannon director 1000 STANLEY DRIVE, NEW BRITAIN CT 06053
Suzanne Hammett director
William D Gurley director C/O LYDALL, INC. 1 COLONIAL ROAD PO BOX 151 MANCHESTER CT 06040
David G Bills director 1500 DEKOVEN AVE., RACINE WI 53403
Randall B Gonzales officer: EXEC VP & CFO EOS ENERGY ENTERPRISES, INC., 3920 PARK AVENUE, EDISON NJ 08820
Paul A Marold officer: President, Lydall PM ONE COLONIAL ROAD MANCHESTER CT 06042