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LexinFintech Holdings (LexinFintech Holdings) Change In Receivables : $0 Mil (TTM As of Sep. 2023)


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What is LexinFintech Holdings Change In Receivables?

LexinFintech Holdings's change in receivables for the quarter that ended in Sep. 2023 was $0 Mil. It means LexinFintech Holdings's Accounts Receivable stayed the same from Jun. 2023 to Sep. 2023 .

LexinFintech Holdings's change in receivables for the fiscal year that ended in Dec. 2022 was $-76 Mil. It means LexinFintech Holdings's Accounts Receivable increased by $76 Mil from Dec. 2021 to Dec. 2022 .

LexinFintech Holdings's Accounts Receivable for the quarter that ended in Sep. 2023 was $589 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. LexinFintech Holdings's Days Sales Outstanding for the three months ended in Sep. 2023 was 111.69.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. LexinFintech Holdings's liquidation value for the three months ended in Sep. 2023 was $-1,118 Mil.


LexinFintech Holdings Change In Receivables Historical Data

The historical data trend for LexinFintech Holdings'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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LexinFintech Holdings Change In Receivables Chart

LexinFintech Holdings Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Change In Receivables
Get a 7-Day Free Trial -180.21 -464.66 -75.08 3.08 -75.69

LexinFintech Holdings Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 - - - - -

LexinFintech Holdings 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 Sep. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $0 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.


LexinFintech Holdings  (NAS:LX) 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.

LexinFintech Holdings's Days Sales Outstanding for the quarter that ended in Sep. 2023 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=588.528/480.814*91
=111.69

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

LexinFintech Holdings's liquidation value for the quarter that ended in Sep. 2023 is calculated as:

Liquidation Value
=Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=346.273-1909.583+0.75 * 588.528+0.5 * 7.849
=-1,118

* 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.


LexinFintech Holdings Change In Receivables Related Terms

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LexinFintech Holdings (LexinFintech Holdings) Business Description

Traded in Other Exchanges
Address
No. 3099 Keyuan South Road, 27th Floor, China Energy Storage Tower, Nanshan District, Shenzhen, CHN, 518057
LexinFintech Holdings Ltd is an online consumer finance platform and a technology-driven service provider in China. The group is engaged in online direct sales services and online consumer financial services for its customers in China. It offers online direct sales with installment payment terms and offers installment purchase loans and personal installment loans mainly through its retail and online consumer finance platform www.fenqile.com, and its mobile application to young adults between the age of 18 and 36 in the People's Republic of China. The company also finances the loans with proceeds from partnering with peer-to-peer lending platforms, commercial banks, and other financial institutions. Geographically, it derives revenue from China.