Loungers (LSE:LGRS) Change In Receivables : £-3.2 Mil (TTM As of Oct. 2023)

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What is Loungers Change In Receivables?

Loungers's change in receivables for the quarter that ended in Oct. 2023 was £1.6 Mil. It means Loungers's Accounts Receivable declined by £1.6 Mil from Apr. 2023 to Oct. 2023 .

Loungers's change in receivables for the fiscal year that ended in Apr. 2022 was £-2.7 Mil. It means Loungers's Accounts Receivable increased by £2.7 Mil from Apr. 2021 to Apr. 2022 .

Loungers's Accounts Receivable for the quarter that ended in Oct. 2023 was £7.0 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. Loungers's Days Sales Outstanding for the six months ended in Oct. 2023 was 8.57.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Loungers's liquidation value for the six months ended in Oct. 2023 was £-220.0 Mil.

Loungers Change In Receivables Historical Data

The historical data trend for Loungers'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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Loungers Change In Receivables Chart

Loungers Annual Data

Trend

Apr16

Apr17

Apr18

Apr19

Apr20

Apr21

Apr22

Change In Receivables

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-0.88

-0.70

-0.73

3.11

-2.70

Loungers Semi-Annual Data
	Apr16	Apr17	Apr18	Oct18	Apr19	Oct19	Apr20	Oct20	Apr21	Oct21	Apr22	Oct22	Apr23	Oct23
Change In Receivables	Get a 7-Day Free Trial									-0.23	-2.47	1.59	-4.73	1.55

Loungers 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 Oct. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was £-3.2 Mil.

Loungers (LSE:LGRS) 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.

Loungers's Days Sales Outstanding for the quarter that ended in Oct. 2023 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	7.024	/	149.619	*	91
=	8.57

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

Loungers's liquidation value for the quarter that ended in Oct. 2023 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	5.741	-	232.249	+	0.75 * 7.024	+	0.5 * 2.45
=	-220.0

Loungers Change In Receivables Related Terms

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Loungers (LSE:LGRS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Restaurants » Loungers PLC (LSE:LGRS) » Definitions » Change In Receivables

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LP0:Germany

Address

26 Baldwin Street, Bristol, GBR, BS1 1SE

Website

https://www.loungers.co.uk

Loungers PLC is an operator of cafe bars and restaurants. Geographically, it operates only in the United Kingdom. It generates revenue from the sale of food and drink.

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