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Accounts Receivable are created when a customer has received a product but has not yet paid for that product. L1 Long Short Fund's accounts receivables for the quarter that ended in Dec. 2025 was A$245.1 Mil.
Accounts receivable can be measured by Days Sales Outstanding.
L1 Long Short Fund's Days Sales Outstanding for the quarter that ended in Dec. 2025 was 72.22.
In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. L1 Long Short Fund's Net-Net Working Capital per share for the quarter that ended in Dec. 2025 was A$3.57.
L1 Long Short Fund 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.
L1 Long Short Fund's Days Sales Outstanding for the quarter that ended in Dec. 2025 is calculated as:
2. In Ben Graham's calculation of Net-Net Working Capital (NNWC), L1 Long Short Fund's accounts receivable are only considered to be worth 75% of book value:
L1 Long Short Fund's Net-Net Working Capital Per Share for the quarter that ended in Dec. 2025 is calculated as:
* 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.
L1 Long Short Fund Accounts Receivable Related Terms
L1 Long Short Fund Accounts Receivable Historical Data
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The historical data trend for L1 Long Short Fund'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.
What does a Accounts Receivable of A$245.1 Mil mean?
L1 Long Short Fund (ASX:LSF) has a Accounts Receivable of A$245.1 Mil as of Dec. 2025. Accounts receivable is the amount a company expects to receive from credit-extending customers. View historical data on L1 Long Short Fund and its competitors.
Is L1 Long Short Fund's Accounts Receivable too high?
L1 Long Short Fund's current Accounts Receivable is A$245.1 Mil. Overall, L1 Long Short Fund has a GF Score™ of 64/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does L1 Long Short Fund's Accounts Receivable compare to BLK and BX?
L1 Long Short Fund's Accounts Receivable of A$245.1 Mil can be compared against companies in the Asset Management industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Accounts Receivable for an Asset Management company?
A good Accounts Receivable depends on the Asset Management industry context. However, Accounts Receivable should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Accounts Receivable mean?
A high Accounts Receivable can signal that a stock is expensive relative to its fundamentals. Accounts receivable is the amount a company expects to receive from credit-extending customers. View historical data on L1 Long Short Fund and its competitors. L1 Long Short Fund's current Accounts Receivable is A$245.1 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is L1 Long Short Fund stock overvalued right now?
Based on GuruFocus' analysis, L1 Long Short Fund (ASX:LSF) is currently considered Significantly Undervalued. The stock's GF Value™ is A$13.45, compared to a current price of A$4.45 — trading 66.9% below its estimated fair value. The current Accounts Receivable is A$245.1 Mil. L1 Long Short Fund's overall GF Score™ is 64/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Accounts Receivable calculated?
Accounts Receivable is calculated from a company's financial statements. For L1 Long Short Fund (ASX:LSF), the current Accounts Receivable is A$245.1 Mil as of Dec. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is L1 Long Short Fund (ASX:LSF) Overvalued in 2026?
Based on GuruFocus' analysis, L1 Long Short Fund stock appears to be undervalued.
The current stock price of A$4.45 is trading 66.9% below its estimated GF Value™ of A$13.45.
GuruFocus considers L1 Long Short Fund to be Significantly Undervalued.
Key valuation signals for ASX:LSF:
Accounts Receivable: A$245.1 Mil
GF Value™: A$13.45 vs. price of A$4.45 (66.9% below fair value)
No single metric tells the full story. See the ASX:LSF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
L1 Long Short Fund Ltd provides investors with access to an actively managed long and short portfolio of securities and the investment expertise of the manager. The company's investment process combines valuation with qualitative considerations to identify attractive investment opportunities. It operates in one industry, being the securities industry, deriving revenue from dividend and trust distribution income, interest income, and from the sale of its trading portfolio.
64GF Score
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Accounts Receivable is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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