Lords Group Trading (LSE:LORD) Change In Receivables : £-8.1 Mil (TTM As of Dec. 2023)

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What is Lords Group Trading Change In Receivables?

Lords Group Trading's change in receivables for the quarter that ended in Dec. 2023 was £-10.2 Mil. It means Lords Group Trading's Accounts Receivable increased by £10.2 Mil from Jun. 2023 to Dec. 2023 .

Lords Group Trading's change in receivables for the fiscal year that ended in Dec. 2023 was £-8.1 Mil. It means Lords Group Trading's Accounts Receivable increased by £8.1 Mil from Dec. 2022 to Dec. 2023 .

Lords Group Trading's Accounts Receivable for the quarter that ended in Dec. 2023 was £68.1 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. Lords Group Trading's Days Sales Outstanding for the six months ended in Dec. 2023 was 51.76.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Lords Group Trading's liquidation value for the six months ended in Dec. 2023 was £-117.8 Mil.

Lords Group Trading Change In Receivables Historical Data

The historical data trend for Lords Group Trading'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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Lords Group Trading Change In Receivables Chart

Lords Group Trading Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

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5.05

-8.23

-1.79

-0.53

-8.07

Lords Group Trading Semi-Annual Data
	Dec18	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Change In Receivables	Get a 7-Day Free Trial					-4.92	0.42	-0.95	2.11	-10.18

Lords Group Trading 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 semi-annually data reported by the company within the most recent 12 months, which was £-8.1 Mil.

Lords Group Trading (LSE:LORD) 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.

Lords Group Trading's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	68.083	/	240.049	*	91
=	51.76

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

Lords Group Trading'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)
=	19.811	-	213.291	+	0.75 * 68.083	+	0.5 * 49.292
=	-117.8

Lords Group Trading Change In Receivables Related Terms

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Lords Group Trading (LSE:LORD) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Distribution » Lords Group Trading PLC (LSE:LORD) » Definitions » Change In Receivables

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Traded in Other Exchanges

7S6:Germany

Address

12-15 Hanger Green, 2nd Floor, London, GBR, W5 3EL

Website

https://www.lordsgrouptradingplc.co.uk

Lords Group Trading PLC is a distributor of building, plumbing, heating, and DIY goods. The group principally sells to local tradesmen, small to medium-sized plumbing and heating merchants, construction companies and retails directly to the public. Its operating two divisions include Merchanting: supplies building materials and DIY goods through its network of merchant businesses and online platform capabilities; Heating and Plumbing: a distributor in the UK of heating and plumbing products to a UK network of independent merchants, installers and the general public. It focused on the growing Repairs, Maintenance, and Improvement (RMI) market, and construction market. Its main clients are local tradesmen, hardware stores, plumbing and heating merchants and construction companies.

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