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Lindsay (Lindsay) Change In Receivables : $14.4 Mil (TTM As of Feb. 2024)


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What is Lindsay Change In Receivables?

Lindsay's change in receivables for the quarter that ended in Feb. 2024 was $-11.0 Mil. It means Lindsay's Accounts Receivable increased by $11.0 Mil from Nov. 2023 to Feb. 2024 .

Lindsay's change in receivables for the fiscal year that ended in Aug. 2023 was $-4.9 Mil. It means Lindsay's Accounts Receivable increased by $4.9 Mil from Aug. 2022 to Aug. 2023 .

Lindsay's Accounts Receivable for the quarter that ended in Feb. 2024 was $153.6 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. Lindsay's Days Sales Outstanding for the three months ended in Feb. 2024 was 92.52.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Lindsay's liquidation value for the three months ended in Feb. 2024 was $67.3 Mil.


Lindsay Change In Receivables Historical Data

The historical data trend for Lindsay'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.

Lindsay Change In Receivables Chart

Lindsay Annual Data
Trend Aug14 Aug15 Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23
Change In Receivables
Get a 7-Day Free Trial Premium Member Only Premium Member Only -7.97 -9.52 -11.54 -47.51 -4.93

Lindsay Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
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 -8.88 12.87 10.92 1.69 -11.04

Lindsay 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 Feb. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $14.4 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.


Lindsay  (NYSE:LNN) 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.

Lindsay's Days Sales Outstanding for the quarter that ended in Feb. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=153.624/151.519*91
=92.52

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

Lindsay's liquidation value for the quarter that ended in Feb. 2024 is calculated as:

Liquidation Value
=Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=150.634-282.246+0.75 * 153.624+0.5 * 167.334
=67.3

* 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.


Lindsay Change In Receivables Related Terms

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Lindsay (Lindsay) Business Description

Traded in Other Exchanges
Address
18135 Burke Street, Suite 100, Omaha, NE, USA, 68022
Lindsay Corp provides various proprietary water management and road infrastructure products and services. It has operations categorized into two main reporting segments: Irrigation, and Infrastructure. The company generates maximum revenue from the Irrigation segment. Its Irrigation segment includes manufacturing and marketing center pivot, lateral move, and hose reel irrigation systems, as well as various technology solutions such as GPS positioning and guidance, variable rate irrigation, wireless irrigation management, M2M communication technology, and smartphone applications. Geographically, it derives a majority of its revenue from the United States.
Executives
Si Pablo Di director 18135 BURKE ST., SUITE 100, OMAHA NE 68022
James Scott Marion officer: President - Infrastructure Div 2222 NORTH 111TH ST, OMAHA NE 68164
Michael Nahl director 2707 N 108TH STREET 102, C/O LINDSAY INTERNATIONAL, OMAHA NE 68164
Ibrahim Gokcen director 18135 BURKE ST., SUITE 100, OMAHA NE 68022
Michael Christodolou director 2707 N 108TH STREET 102, C/O LINDSAY INTERNATIONAL, OMAHA NE 68164
Gustavo E Oberto officer: President - Irrigation 18135 BURKE ST., SUITE 100, OMAHA NE 68022
Michael D Walter director ONE CONAGRA DRIVE, OMAHA NE 68102
Randy A Wood officer: Pres - Agricultural Irrigation 2222 N 111TH STREET, OMAHA NE 68164
Mary A Lindsey director 6565 N. MACARTHUR BLVD., SUITE 800, IRVING TX 75039
Bill Welsh director 2707 N 108TH STREET 102, C/O LINDSAY INTERNATIONAL, OMAHA NE 68164
Madere Consuelo E. director 800 N. LINDBERGH BLVD., ST. LOUIS MO 63167
David B Downing officer: Vice President & CFO 2707 N. 108TH ST., SUITE 102, OMAHA NE 68164
Timothy L Hassinger director, officer: President and CEO 2222 NORTH 111TH ST, OMAHA NE 68164
Rick Parod officer: President & CEO 2707 N 108TH STREET STE102, OMAHA NE 68164
Brian L Ketcham officer: Vice President and CFO 2222 N 111TH STREET, OMAHA NE 68164