LTRE (Learning Tree International) Accounts Receivable: $8.65 Mil (As of Sep. 2018)

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What is Learning Tree International Accounts Receivable?

Learning Tree International LTRE Accounts Receivable is $8.65 Mil as of Sep. 2018.

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Learning Tree International's accounts receivables for the quarter that ended in Sep. 2018 was $8.65 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Learning Tree International's Days Sales Outstanding for the quarter that ended in Sep. 2018 was 45.54.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Learning Tree International's Net-Net Working Capital per share for the quarter that ended in Sep. 2018 was $-1.92.

Learning Tree International 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.

Learning Tree International's Days Sales Outstanding for the quarter that ended in Sep. 2018 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=8.645/17.324*91
=45.54

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

Learning Tree International's Net-Net Working Capital Per Share for the quarter that ended in Sep. 2018 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)
=(4.732+0.75 * 8.645+0.5 * 0-36.564
-0-0)/13.224
=-1.92

* 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.

Learning Tree International Accounts Receivable Related Terms

Learning Tree International Accounts Receivable Historical Data

* Premium members only.

The historical data trend for Learning Tree International'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.

Learning Tree International Accounts Receivable Chart

Learning Tree International Annual Data
Trend Sep09 Sep10 Sep11 Sep12 Sep13 Sep14 Sep15 Sep16 Sep17 Sep18
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 13.52 10.48 9.54 9.73 8.65

Learning Tree International Quarterly Data
Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18
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 9.73 9.12 7.98 9.79 8.65

Learning Tree International 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 $8.65 Mil mean?
Learning Tree International (LTRE) has a Accounts Receivable of $8.65 Mil as of Sep. 2018. Accounts receivable is the amount a company expects to receive from credit-extending customers. View historical data on Learning Tree International and its competitors.
Is Learning Tree International's Accounts Receivable too high?
Learning Tree International's current Accounts Receivable is $8.65 Mil.
How does Learning Tree International's Accounts Receivable compare to WAFU?
Learning Tree International's Accounts Receivable of $8.65 Mil can be compared against companies in the Education 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 Education company?
A good Accounts Receivable depends on the Education 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 Learning Tree International and its competitors. Learning Tree International's current Accounts Receivable is $8.65 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Learning Tree International stock overvalued right now?
Learning Tree International (LTRE) has a current Accounts Receivable of $8.65 Mil. The current Accounts Receivable is $8.65 Mil. 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 Learning Tree International (LTRE), the current Accounts Receivable is $8.65 Mil as of Sep. 2018. 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.

Learning Tree International Business Description

Address 13650 Dulles Technology Drive, Suite 400, Herndon, VA, USA, 20171
Learning Tree International Inc provides education and training in information technology. Its proprietary library of course titles focuses on client-server systems, computer networks, operating systems, databases, programming, graphical user interfaces, object-oriented technology, and IT management. Its courses are offered in hotels, conference facilities, and customer sites.