LGL has been successfully added to your Stock Email Alerts list.
You can manage your stock email alerts here.
LGL has been removed from your Stock Email Alerts list.
Please enter Portfolio Name for new portfolio.
LGL Group's change in receivables for the quarter that ended in Dec. 2023 was $-0.08 Mil. It means LGL Group's Accounts Receivable increased by $0.08 Mil from Sep. 2023 to Dec. 2023 .
LGL Group's change in receivables for the fiscal year that ended in Dec. 2023 was $0.19 Mil. It means LGL Group's Accounts Receivable declined by $0.19 Mil from Dec. 2022 to Dec. 2023 .
LGL Group's Accounts Receivable for the quarter that ended in Dec. 2023 was $0.36 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. LGL Group's Days Sales Outstanding for the three months ended in Dec. 2023 was 72.84.
In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. LGL Group's liquidation value for the three months ended in Dec. 2023 was $39.93 Mil.
The historical data trend for LGL Group'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.
LGL Group Annual Data | |||||||||||||||||||||
Trend | Dec14 | Dec15 | Dec16 | Dec17 | Dec18 | Dec19 | Dec20 | Dec21 | Dec22 | Dec23 | |||||||||||
Change In Receivables | Get a 7-Day Free Trial | -1.05 | 0.32 | -0.55 | -0.61 | 0.19 |
LGL Group Quarterly Data | ||||||||||||||||||||
Mar19 | Jun19 | Sep19 | Dec19 | Mar20 | Jun20 | Sep20 | Dec20 | Mar21 | Jun21 | Sep21 | Dec21 | Mar22 | Jun22 | Sep22 | Dec22 | Mar23 | Jun23 | Sep23 | Dec23 | |
Change In Receivables | Get a 7-Day Free Trial | 0.34 | 0.03 | 0.14 | 0.10 | -0.08 |
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 Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.19 Mil.
* 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.
LGL Group (AMEX:LGL) 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.
LGL Group's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:
Days Sales Outstanding | |||||
= | Accounts Receivable | / | Revenue | * | Days in Period |
= | 0.356 | / | 0.446 | * | 91 |
= | 72.84 |
2. In Ben Graham's calculation of liquidation value, LGL Group's accounts receivable are only considered to be worth 75% of book value:
LGL Group's liquidation value for the quarter that ended in Dec. 2023 is calculated as:
Liquidation Value | |||||||
= | Cash, Cash Equivalents, Marketable Securities | - | Total Liabilities | + | (0.75 * Accounts Receivable) | + | (0.5 * Total Inventories) |
= | 40.733 | - | 1.168 | + | 0.75 * 0.356 | + | 0.5 * 0.204 |
= | 39.93 |
* 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.
Thank you for viewing the detailed overview of LGL Group's Change In Receivables provided by GuruFocus.com. Please click on the following links to see related term pages.
Herve Francois | director | 4 BRIDLE PATH, LAWRENCEVILLE NJ 08648 |
Darlene T Deremer | director | 200 CENTRAL AVENUE, SUITE 1850, ST. PETERSBURG FL 33701 |
Linda M Biles | officer: VP, Controller | 2525 SHADER ROAD, ORLANDO FL 32804 |
James William Tivy | officer: Chief Financial Officer | 220 E. CENTRAL PARKWAY, SUITE 2060, ALTAMONTE SPRINGS FL 32701 |
Bel Lazar | director | 4705 S. APOPKA VINELAND ROAD, SUITE 201, ORLANDO FL 32819 |
Ferrantino Michael J Jr | director | 12 MARTINGALE LANE, ANDOVER MA 01810 |
Ivan Arteaga | director, officer: CEO | 497 EISENHOWER COURT, WYCKOFF NJ 07481 |
John S Mega | director | C/O L-3 COMMUNICATIONS CORPORATION, 600 THIRD AVENUE, NEW YORK NY 10016 |
Lapenta Robert V Jr | director | C/O ASTON CAPITAL, 177 BROAD ST., 12TH FLOOR, STAMFORD CT 06901 |
Mario J Gabelli | director, 10 percent owner | 191 MASON STREET, GREENWICH CT 06830 |
Joan Atkinson | officer: CAO | 100 FIRST STAMFORD PLACE, STAMFORD CT 06907 |
Patrick Huvane | officer: Senior Vice President | 780 THIRD AVENUE, 21ST FLOOR, NEW YORK NY 10017 |
Michael J Ferrantino | director | |
Hendi Susanto | director | 2525 SHADER RD., ORLANDO FL 32804 |
Salerno Frederic V Jr | director | 2525 SHADER RD., ORLANDO FL 32804 |
From GuruFocus
By gurufocus 10qk • 11-15-2010
By Holly LaFon Holly LaFon • 04-04-2011
By gurufocus 10qk • 11-23-2009
By Barel Karsan Barel Karsan • 07-02-2012
By ShadowStock ShadowStock • 06-19-2012
By gurufocus 10qk • 08-16-2010
By gurufocus 10qk • 05-21-2010
By GuruFocus Research GuruFocus Editor • 09-16-2010
By gurufocus • 05-21-2009
By ACCESSWIRE • 12-05-2023
Disclaimers: GuruFocus.com is not operated by a broker or a dealer. It has an affiliated registered investment adviser, which serves as the subadviser to an exchange traded fund. This investment adviser does not provide advice to individual investors. Under no circumstances does any information posted on GuruFocus.com represent a recommendation to buy or sell a security. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. The individuals or entities selected as "gurus" may buy and sell securities before and after any particular article and report and information herein is published, with respect to the securities discussed in any article and report posted herein. Gurus may be added or dropped from the GuruFocus site at any time. In no event shall GuruFocus.com be liable to any member, guest or third party for any damages of any kind arising out of the use of any content or other material published or available on GuruFocus.com, or relating to the use of, or inability to use, GuruFocus.com or any content, including, without limitation, any investment losses, lost profits, lost opportunity, special, incidental, indirect, consequential or punitive damages. Past performance is a poor indicator of future performance. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. The information on this site is in no way guaranteed for completeness, accuracy or in any other way. The gurus listed in this website are not affiliated with GuruFocus.com, LLC. Stock quotes provided by InterActive Data. Fundamental company data provided by Morningstar, updated daily.