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Liontrust Asset Management (CHIX:LIOL) Accounts Receivable : £162.4 Mil (As of Sep. 2024)


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What is Liontrust Asset Management Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Liontrust Asset Management's accounts receivables for the quarter that ended in Sep. 2024 was £162.4 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Liontrust Asset Management's Days Sales Outstanding for the quarter that ended in Sep. 2024 was 340.57.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Liontrust Asset Management's Net-Net Working Capital per share for the quarter that ended in Sep. 2024 was £0.29.


Liontrust Asset Management Accounts Receivable Historical Data

The historical data trend for Liontrust Asset Management'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.

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Liontrust Asset Management Accounts Receivable Chart

Liontrust Asset Management Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 171.66 287.12 230.74 232.73 221.21

Liontrust Asset Management Semi-Annual Data
Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24
Accounts Receivable 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 209.98 232.73 185.30 221.21 162.43

Liontrust Asset Management Accounts Receivable Calculation

Accounts Receivable is money owed to a business by customers and shown on its Balance Sheet as an asset.


Liontrust Asset Management 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.

Liontrust Asset Management's Days Sales Outstanding for the quarter that ended in Sep. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=162.425/87.039*91
=340.57

2. In Ben Graham's calculation of Net-Net Working Capital (NNWC), Liontrust Asset Management's accounts receivable are only considered to be worth 75% of book value:

Liontrust Asset Management's Net-Net Working Capital Per Share for the quarter that ended in Sep. 2024 is calculated as:

Net-Net Working Capital Per Share
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(94.26+0.75 * 162.425+0.5 * 0-197.356
-0-0)/63.868
=0.29

* 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.


Liontrust Asset Management Accounts Receivable Related Terms

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Liontrust Asset Management Business Description

Traded in Other Exchanges
Address
2 Savoy Court, London, GBR, WC2R 0EZ
Liontrust Asset Management PLC operates as an investment management company. It offers products such as Unit Trusts, Offshore funds, Segregated Mandates, and Discretionary Portfolio Management Services. It markets its fund internationally to institutional investors, wealth managers, financial advisers, private investors, and wholesale markets such as family offices, private banks, wealth managers, and multi-managers. The company's geographical segments are the United Kingdom, Europe (excluding the UK), Canada, and Australia.

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