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Lorenzo International (SGX:5IE) Accounts Receivable : S$1.55 Mil (As of Dec. 2023)


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What is Lorenzo International Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Lorenzo International's accounts receivables for the quarter that ended in Dec. 2023 was S$1.55 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Lorenzo International's Days Sales Outstanding for the quarter that ended in Dec. 2023 was 27.48.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Lorenzo International's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was S$-0.04.


Lorenzo International Accounts Receivable Historical Data

The historical data trend for Lorenzo International'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.

Lorenzo International Accounts Receivable Chart

Lorenzo International Annual Data
Trend Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Mar17 Mar18 Mar19 Mar20
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.67 5.12 2.70 1.54 1.39

Lorenzo International Quarterly Data
Dec15 Jun16 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Jun20 Sep20 Dec20 Jun21 Sep21 Dec21 Jun22 Sep22 Dec22 Jun23 Sep23 Dec23
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 1.85 1.96 1.55 1.47 1.55

Lorenzo International Accounts Receivable Calculation

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


Lorenzo International 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.

Lorenzo International's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=1.546/5.133*91
=27.48

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

Lorenzo International's Net-Net Working Capital Per Share for the quarter that ended in Dec. 2023 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)
=(1.519+0.75 * 1.546+0.5 * 7.167-22.174
-0-0)/439.4
=-0.04

* 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.


Lorenzo International Accounts Receivable Related Terms

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Lorenzo International (SGX:5IE) Business Description

Traded in Other Exchanges
N/A
Address
106 International Road, No. 02-00, Singapore, SGP, 629175
Lorenzo International Ltd is a branded lifestyle furniture retailer. The company sells its products under the Lorenzo brand name grouped under two main collections - Dante for classic leather sofas and Enzo for wood-based products. The group is organized into the following reportable operating segments: Furniture, and Building Materials. The company distributes its products across Singapore, Malaysia, Taiwan, China, and other regions. The company generates maximum revenue from Malaysia followed by Taiwan and Singapore.

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