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Lianluo Smart (Lianluo Smart) Change In Receivables : $-0.06 Mil (TTM As of Dec. 2020)


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What is Lianluo Smart Change In Receivables?

Lianluo Smart's change in receivables for the quarter that ended in Dec. 2020 was $-0.04 Mil. It means Lianluo Smart's Accounts Receivable increased by $0.04 Mil from Jun. 2020 to Dec. 2020 .

Lianluo Smart's change in receivables for the fiscal year that ended in Dec. 2020 was $-0.06 Mil. It means Lianluo Smart's Accounts Receivable increased by $0.06 Mil from Dec. 2019 to Dec. 2020 .

Lianluo Smart's Accounts Receivable for the quarter that ended in Dec. 2020 was $0.01 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. Lianluo Smart's Days Sales Outstanding for the six months ended in Dec. 2020 was 48.03.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Lianluo Smart's liquidation value for the six months ended in Dec. 2020 was $-1.10 Mil.


Lianluo Smart Change In Receivables Historical Data

The historical data trend for Lianluo Smart'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.

* Premium members only.

Lianluo Smart Change In Receivables Chart

Lianluo Smart Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
Change In Receivables
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.13 -0.24 -0.32 0.12 -0.06

Lianluo Smart Semi-Annual Data
Jun11 Dec11 Jun12 Dec12 Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20
Change In Receivables 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 -0.18 0.25 -0.12 -0.02 -0.04

Lianluo Smart 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. 2020 adds up the semi-annually data reported by the company within the most recent 12 months, which was $-0.06 Mil.

* 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.


Lianluo Smart  (NAS:LLIT) 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.

Lianluo Smart's Days Sales Outstanding for the quarter that ended in Dec. 2020 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0.005/0.019*91
=48.03

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

Lianluo Smart's liquidation value for the quarter that ended in Dec. 2020 is calculated as:

Liquidation Value
=Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=2.09-3.236+0.75 * 0.005+0.5 * 0.089
=-1.10

* 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.


Lianluo Smart Change In Receivables Related Terms

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Lianluo Smart (Lianluo Smart) Business Description

Traded in Other Exchanges
N/A
Address
No. 10 Baifuquan Roa, Room 611, 6th Floor, BeiKong Technology Building, Changping District, Beijing, CHN, 102200
Lianluo Smart Ltd design, develop and market medical products and medical components. The company focuses on the business sectors of; Medical Equipment and the provision of Obstructive Sleep Apnea Syndrome (OSAS) diagnostic services. Its products include wearable sleep respiratory devices, medical devices for cardiopulmonary resuscitation, DHR998 Plus, and others. The company sells its products to distributors, hospitals and physical examination centers, and others. All of its revenue is generated from China.