LEVGQ (The Lion Electric Co) Accounts Receivable: $48.7 Mil (As of Sep. 2024)

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LEVGQ The Lion Electric Co LEVGQ
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What is The Lion Electric Co Accounts Receivable?

The Lion Electric Co LEVGQ 12 Accounts Receivable is $48.7 Mil as of Sep. 2024. GuruFocus rates LEVGQ with a GF Score™ of 12/100.

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. The Lion Electric Co's accounts receivables for the quarter that ended in Sep. 2024 was $48.7 Mil.

Accounts receivable can be measured by Days Sales Outstanding. The Lion Electric Co's Days Sales Outstanding for the quarter that ended in Sep. 2024 was 145.17.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. The Lion Electric Co's Net-Net Working Capital per share for the quarter that ended in Sep. 2024 was $-1.46.


The Lion Electric Co 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.

The Lion Electric Co's Days Sales Outstanding for the quarter that ended in Sep. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=48.725/30.627*91
=145.17

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

The Lion Electric Co'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)
=(26.288+0.75 * 48.725+0.5 * 215.103-499.765
-0-0)/226.218
=-1.46

* 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.


The Lion Electric Co Accounts Receivable Related Terms


The Lion Electric Co Accounts Receivable Historical Data

* Premium members only.

The historical data trend for The Lion Electric Co'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.

The Lion Electric Co Accounts Receivable Chart

The Lion Electric Co Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Accounts Receivable
0.00 8.69 25.37 25.69 40.62

The Lion Electric Co Quarterly Data
May20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 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 102.52 40.62 82.47 58.54 48.73
LEVGQ
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The Lion Electric Co LEVGQ
Accounts Receivable is just one metric. See GF Score™, valuation, warning signs, and more.
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The Lion Electric Co Accounts Receivable Calculation

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

Frequently Asked Questions Learn more about Accounts Receivable →
What does a Accounts Receivable of $48.7 Mil mean?
The Lion Electric Co (LEVGQ) has a Accounts Receivable of $48.7 Mil as of Sep. 2024. Accounts receivable is the amount a company expects to receive from credit-extending customers. View historical data on The Lion Electric Co and its competitors.
Is The Lion Electric Co's Accounts Receivable too high?
The Lion Electric Co's current Accounts Receivable is $48.7 Mil. Overall, The Lion Electric Co has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does The Lion Electric Co's Accounts Receivable compare to UGRO and NKLAQ?
The Lion Electric Co's Accounts Receivable of $48.7 Mil can be compared against companies in the Farm & Heavy Construction Machinery 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 a Farm & Heavy Construction Machinery company?
A good Accounts Receivable depends on the Farm & Heavy Construction Machinery 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 The Lion Electric Co and its competitors. The Lion Electric Co's current Accounts Receivable is $48.7 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is The Lion Electric Co stock overvalued right now?
The Lion Electric Co (LEVGQ) has a current Accounts Receivable of $48.7 Mil. The current Accounts Receivable is $48.7 Mil. The Lion Electric Co's overall GF Score™ is 12/100. 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 The Lion Electric Co (LEVGQ), the current Accounts Receivable is $48.7 Mil as of Sep. 2024. 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.

The Lion Electric Co Business Description

Address 921 chemin de la Riviere-du-Nord, Saint-Jerome, QC, CAN, J7Y 5G2
The Lion Electric Co. includes designing, developing, manufacturing and distributing purpose-built all-electric medium and heavy-duty urban vehicles including battery systems, chassis, bus bodies and truck cabins. The Group also distributes truck and bus parts and accessories. The Group has one reportable operating segment, the manufacturing and sales of electric vehicles in Canada and in the United States. Geographically, the majority of revenue is generated from Canada.
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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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