LOBO (Lobo EV Technologies) Accounts Receivable : $1.51 Mil (As of Dec. 2024)

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What is Lobo EV Technologies Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Lobo EV Technologies's accounts receivables for the quarter that ended in Dec. 2024 was $1.51 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Lobo EV Technologies's Days Sales Outstanding for the quarter that ended in Dec. 2024 was 30.37.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Lobo EV Technologies's Net-Net Working Capital per share for the quarter that ended in Dec. 2024 was $-0.91.

Lobo EV Technologies Accounts Receivable Historical Data

The historical data trend for Lobo EV Technologies'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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Lobo EV Technologies Accounts Receivable Chart

Lobo EV Technologies Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Dec24

Accounts Receivable

0.31

1.46

3.06

2.53

1.51

Lobo EV Technologies Semi-Annual Data
	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24
Accounts Receivable	Get a 7-Day Free Trial				3.06	2.70	2.53	2.34	1.51

Lobo EV Technologies Accounts Receivable Calculation

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

Lobo EV Technologies 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.

Lobo EV Technologies's Days Sales Outstanding for the quarter that ended in Dec. 2024 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	1.507	/	9.056	*	91
=	30.37

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

Lobo EV Technologies's Net-Net Working Capital Per Share for the quarter that ended in Dec. 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)
=	(1.379	+	0.75 * 1.507	+	0.5 * 8.593	-	14.698
-	0	-	0)	/	8.630
=	-0.91

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.

Lobo EV Technologies Accounts Receivable Related Terms

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Lobo EV Technologies Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Lobo EV Technologies Ltd (NAS:LOBO) » Definitions » Accounts Receivable

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 18-17 Zhenze Road, Gemini Mansion B 901, i Park, Xinwu District, Jiangsu, Wuxi, CHN, 214111

Website

https://www.loboebike.com

Lobo EV Technologies Ltd is an electric vehicle manufacturer and seller company. It designs, develops, manufactures, and sells e-bicycles, e-mopeds, e-tricycles, and electric off-highway four-wheeled shuttles such as golf carts and mobility scooters for the elderly and disabled persons, also provides automobile information and entertainment software development and design services to customers. The company operates in two operating segments: Electric vehicles and accessories sales which generates key revenue, and software royalties and development and design services. It generates all of its revenue within the People's Republic of China.