Loop Energy (TSX:LPEN) Change In Receivables : C$3.90 Mil (TTM As of Dec. 2023)

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What is Loop Energy Change In Receivables?

Loop Energy's change in receivables for the quarter that ended in Dec. 2023 was C$0.13 Mil. It means Loop Energy's Accounts Receivable declined by C$0.13 Mil from Sep. 2023 to Dec. 2023 .

Loop Energy's change in receivables for the fiscal year that ended in Dec. 2023 was C$3.89 Mil. It means Loop Energy's Accounts Receivable declined by C$3.89 Mil from Dec. 2022 to Dec. 2023 .

Loop Energy's Accounts Receivable for the quarter that ended in Dec. 2023 was C$0.14 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. Loop Energy's Days Sales Outstanding for the three months ended in Dec. 2023 was 27.52.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Loop Energy's liquidation value for the three months ended in Dec. 2023 was C$-11.90 Mil.

Loop Energy Change In Receivables Historical Data

The historical data trend for Loop Energy'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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Loop Energy Change In Receivables Chart

Loop Energy Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

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0.05

-0.40

-2.21

0.03

3.89

Loop Energy Quarterly Data
	Dec17	Dec18	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Change In Receivables	Get a 7-Day Free Trial															-0.26	-0.12	2.35	1.53	0.13

Loop Energy 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 quarterly data reported by the company within the most recent 12 months, which was C$3.90 Mil.

Loop Energy (TSX:LPEN) 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.

Loop Energy's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	0.136	/	0.451	*	91
=	27.52

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

Loop Energy'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)
=	2.935	-	15.613	+	0.75 * 0.136	+	0.5 * 1.356
=	-11.90

Loop Energy Change In Receivables Related Terms

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Loop Energy (TSX:LPEN) Business Description

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LPENF:USA

Address

2880 Production Way, Burnaby, BC, CAN, V5A 4T6

Website

https://www.loopenergy.com

Loop Energy Inc is a developer, manufacturer, and supplier of hydrogen fuel cells to vehicle and power generation system manufacturers. It sells and services two categories of products: fuel cell stacks and fuel cell modules, which serve a variety of commercial applications including light commercial vehicles, transit buses, medium and heavy-duty trucks, marine, train, mining trucks, material handling vehicles, and stationary power.

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