The L S Starrett Co (The L S Starrett Co) Change In Receivables : $5.2 Mil (TTM As of Dec. 2023)

View and export this data going back to 1929. Start your Free Trial

What is The L S Starrett Co Change In Receivables?

The L S Starrett Co's change in receivables for the quarter that ended in Dec. 2023 was $0.9 Mil. It means The L S Starrett Co's Accounts Receivable declined by $0.9 Mil from Sep. 2023 to Dec. 2023 .

The L S Starrett Co's change in receivables for the fiscal year that ended in Jun. 2023 was $7.8 Mil. It means The L S Starrett Co's Accounts Receivable declined by $7.8 Mil from Jun. 2022 to Jun. 2023 .

The L S Starrett Co's Accounts Receivable for the quarter that ended in Dec. 2023 was $34.8 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. The L S Starrett Co's Days Sales Outstanding for the three months ended in Dec. 2023 was 51.19.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. The L S Starrett Co's liquidation value for the three months ended in Dec. 2023 was $6.5 Mil.

The L S Starrett Co Change In Receivables Historical Data

The historical data trend for The L S Starrett Co'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.

* Premium members only.

The L S Starrett Co Change In Receivables Chart

The L S Starrett Co Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Change In Receivables

Get a 7-Day Free Trial

-3.21

2.28

-3.01

-10.43

7.77

The L S Starrett Co 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															1.40	2.62	0.62	1.06	0.91

The L S Starrett Co 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 Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $5.2 Mil.

The L S Starrett Co (NYSE:SCX) 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.

The L S Starrett Co's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	34.826	/	62.076	*	91
=	51.19

2. In Ben Graham's calculation of liquidation value, The L S Starrett Co's accounts receivable are only considered to be worth 75% of book value:

The L S Starrett Co'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)
=	5.684	-	55.936	+	0.75 * 34.826	+	0.5 * 61.284
=	6.5

The L S Starrett Co Change In Receivables Related Terms

Thank you for viewing the detailed overview of The L S Starrett Co's Change In Receivables provided by GuruFocus.com. Please click on the following links to see related term pages.

The L S Starrett Co (The L S Starrett Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » The L S Starrett Co (NYSE:SCX) » Definitions » Change In Receivables

Comparable Companies

Traded in Other Exchanges

N/A

Address

121 Crescent Street, Athol, MA, USA, 01331

Website

https://www.starrett.com

The L S Starrett Co is engaged in the manufacturing of industrial, professional and consumer measuring and cutting tools and related products. Its products include precision tools, electronic gages, gage blocks, optical vision and laser measuring equipment, custom engineered granite solutions, tape measures, levels, chalk products, squares, band saw blades, hole saws, hacksaw blades, jig saw blades, and others. Its products are used in different industries such as metalworking, automotive, aviation, marine, farm, and "do-it-yourselfers" and tradesmen such as builders, carpenters, plumbers and electricians. The operating segments of the company are North American Operations is a key revenue driver; International Operations and Global Test and Measurement.

Executives

Douglas A Starrett	officer: President & CEO	121 CRESCENT STREET, ATHOL MA 01331
John C. Tripp	officer: CFO	C/O THE L.S. STARRETT COMPANY, 121 CRESCENT STREET, ATHOL MA 01331
David T. Allen	other: Insider	121 CRESCENT STREET, ATHOL MA 01331
Emerson Leme	officer: VP Of Industrial Products	C/O THE L.S. STARRETT COMPANY, 121 CRESCENT STREET, ATHOL MA 01331
Charles Alpuche	director	C/O INSULET CORPORATION, 600 TECHNOLOGY PARK DRIVE, SUITE 200, BILLERICA MA 01821
Christian Arntsen	officer: VP of International Products	C/O THE L.S. STARRETT COMPANY, 121 CRESCENT STREET, ATHOL MA 01331
Deborah Gordon	director	121 CRESCENT STREET, ATHOL MA 01331
Thomas J Riordan	director	C/O TEREX CORPORATION, 200 NYALA FARM ROAD, WESTPORT CT 06880
Scott William Sproule	director	C/O SPX CORPORATION, 13320 BALLANTYNE CORPORATE PLACE, CHARLOTTE NC 28277
Terry A Piper	director	121 CRESCENT STREET, ATHOLL MA 01331
Chris Gahagan	director	AVID TECHNOLOGY, INC., 75 NETWORK DRIVE, BURLINGTON MA 01803
Russell D. Carreker	director	121 CRESCENT STREET, ATHOL MA 01331
David A Lemoine	director	C/O THE L S STARRETT COMPANY, 121 CRESCENT STREET, ATHOL MA 01331
Richard Kennedy	director	121 CRESCENT STREET, ATHOL MA 01331
Francis J O'brien	officer: Treasurer & CFO	C/O THE L. S. STARRETT COMPANY, 121 CRESCENT STREET, ATHOL MA 01331