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LightInTheBox Holding Co (LightInTheBox Holding Co) Accounts Receivable : $0.6 Mil (As of Dec. 2023)


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What is LightInTheBox Holding Co Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. LightInTheBox Holding Co's accounts receivables for the quarter that ended in Dec. 2023 was $0.6 Mil.

Accounts receivable can be measured by Days Sales Outstanding. LightInTheBox Holding Co's Days Sales Outstanding for the quarter that ended in Dec. 2023 was 0.43.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. LightInTheBox Holding Co's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was $-0.58.


LightInTheBox Holding Co Accounts Receivable Historical Data

The historical data trend for LightInTheBox Holding Co'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.

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LightInTheBox Holding Co Accounts Receivable Chart

LightInTheBox Holding Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.57 1.30 1.63 0.70 0.63

LightInTheBox Holding Co Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 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 0.70 0.37 1.42 2.11 0.63

LightInTheBox Holding Co Accounts Receivable Calculation

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


LightInTheBox Holding Co 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.

LightInTheBox Holding 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
=0.634/135.556*91
=0.43

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

LightInTheBox Holding Co'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)
=(66.425+0.75 * 0.634+0.5 * 5.767-134.691
-0-0)/111.625
=-0.58

* 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.


LightInTheBox Holding Co Accounts Receivable Related Terms

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LightInTheBox Holding Co (LightInTheBox Holding Co) Business Description

Traded in Other Exchanges
Address
51 Tai Seng Avenue, No. 05-02B/C, Pixel Red, Singapore, SGP, 533941
LightInTheBox Holding Co Ltd is an online retail company delivering products directly to consumers across the world. It provides apparel products including customized, special occasion and fast fashion apparel products; and other general merchandise products, such as accessories and gadgets, home and garden products, electronics and communication devices, and other products. The company is engaged in product sales which consisted of online retailing of consumer products. It also provides services which consisted of the provision of logistic services to e-commerce retailers and small businesses. Geographically, it operates in Europe which is the key revenue driver, North America, and other countries.