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United States Lime & Minerals Inc (NAS:USLM)
Change In Receivables
\$-2.0 Mil (As of Sep. 2016)

United States Lime & Minerals Inc's change in receivables for the quarter that ended in Sep. 2016 was \$-2.0 Mil. It means United States Lime & Minerals Inc's accounts receivables declined by \$2.0 Mil from Jun. 2016 to Sep. 2016 .

United States Lime & Minerals Inc's change in receivables for the fiscal year that ended in Dec. 2015 was \$1.6 Mil. It means United States Lime & Minerals Inc's accounts receivables increased by \$1.6 Mil from Dec. 2014 to Dec. 2015 .

United States Lime & Minerals Inc's accounts receivables for the quarter that ended in Sep. 2016 was \$19.4 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 receivables are being managed. United States Lime & Minerals Inc's days sales outstanding for the three months ended in Sep. 2016 was 45.77.

In Ben Grahams calculation of liquidation value, Apple Inc's accounts receivables are only considered to be worth 75% of book value. United States Lime & Minerals Inc's liquidation value for the three months ended in Sep. 2016 was \$61.0 Mil.

Definition

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.

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.

United States Lime & Minerals Inc's Days Sales Outstanding for the quarter that ended in Sep. 2016 is calculated as:

 Days Sales Outstanding = Account Receivable / Revenue * Days in Period = 19.385 / 38.65 * 91 = 45.77

2. In Ben Grahams calculation of liquidation value, United States Lime & Minerals Inc's accounts receivable are only considered to be worth 75% of book value:

United States Lime & Minerals Inc's liquidation value for the quarter that ended in Sep. 2016 is calculated as:

 Liquidation Value = Cash and Cash Equivalents - Total Liabilities + (0.75 * Account Receivable) + (0.5 * Inventory) = 68.94 - 28.843 + 0.75 * 19.385 + 0.5 * 12.713 = 61.0

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

Related Terms

Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

United States Lime & Minerals Inc Annual Data

 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 ChangeInReceivables -1.6 -0.2 -0.6 1.1 -0.5 -1.8 1.0 0.5 -3.3 1.6

United States Lime & Minerals Inc Quarterly Data

 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 ChangeInReceivables 1.1 -2.0 2.2 1.4 -0.7 -2.5 3.3 -0.9 -0.6 -2.0
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