Laurentian Bank of Canada (Laurentian Bank of Canada) Change In Receivables : $-10.1 Mil (TTM As of Jan. 2024)

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What is Laurentian Bank of Canada Change In Receivables?

Laurentian Bank of Canada's change in receivables for the quarter that ended in Jan. 2024 was $0.0 Mil. It means Laurentian Bank of Canada's Accounts Receivable stayed the same from Oct. 2023 to Jan. 2024 .

Laurentian Bank of Canada's change in receivables for the fiscal year that ended in Oct. 2023 was $0.0 Mil. It means Laurentian Bank of Canada's Accounts Receivable stayed the same from Oct. 2022 to Oct. 2023 .

Laurentian Bank of Canada's Accounts Receivable for the quarter that ended in Jan. 2024 was $0.0 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. Laurentian Bank of Canada's Days Sales Outstanding for the three months ended in Jan. 2024 was 0.00.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Laurentian Bank of Canada's liquidation value for the three months ended in Jan. 2024 was $-33,085.3 Mil.

Laurentian Bank of Canada Change In Receivables Historical Data

The historical data trend for Laurentian Bank of Canada'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.

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Laurentian Bank of Canada Change In Receivables Chart

Laurentian Bank of Canada Annual Data

Trend

Oct14

Oct15

Oct16

Oct17

Oct18

Oct19

Oct20

Oct21

Oct22

Oct23

Change In Receivables

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-13.74

26.21

4.13

-51.77

Laurentian Bank of Canada Quarterly Data
	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
Change In Receivables	Get a 7-Day Free Trial															-12.33	-9.21	-0.88	-	-

Laurentian Bank of Canada Change In Receivables Calculation

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 Jan. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $-10.1 Mil.

Laurentian Bank of Canada (OTCPK:LRCDF) 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.

Laurentian Bank of Canada's Days Sales Outstanding for the quarter that ended in Jan. 2024 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	0	/	192.461	*	91
=	0.00

2. In Ben Graham's calculation of liquidation value, Laurentian Bank of Canada's accounts receivable are only considered to be worth 75% of book value:

Laurentian Bank of Canada's liquidation value for the quarter that ended in Jan. 2024 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	580.257	-	33665.545	+	0.75 * 0	+	0.5 * 0
=	-33,085.3

Laurentian Bank of Canada Change In Receivables Related Terms

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Laurentian Bank of Canada (Laurentian Bank of Canada) Business Description

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Address

1360, Boulevard Rene-Levesque Ouest, Suite 600, Secretariat Corporatif, Montreal, QC, CAN, H3G 0E5

Website

https://www.lbcfg.ca

Laurentian Bank of Canada provides personal banking, business banking and real estate and commercial financing to its personal, business, and institutional customers across Canada and the United States. The company reports three operating segments: personal, commercial banking, and capital markets. The personal segment offers financial services to retail clients. The commercial banking segment provides financial services, commercial banking, real estate financing, and equipment and inventory financing to business clients. The firm launched LBC Digital, allowing it to expand its customer reach from coast to coast through a direct-to-customer channel. The Canadian geographic segment generates majority of the revenue for the company.