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Lorne Park Capital Partners (TSXV:LPC) Accounts Receivable : C$4.64 Mil (As of Dec. 2024)


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What is Lorne Park Capital Partners Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Lorne Park Capital Partners's accounts receivables for the quarter that ended in Dec. 2024 was C$4.64 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Lorne Park Capital Partners's Days Sales Outstanding for the quarter that ended in Dec. 2024 was 40.14.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Lorne Park Capital Partners's Net-Net Working Capital per share for the quarter that ended in Dec. 2024 was C$-0.57.


Lorne Park Capital Partners Accounts Receivable Historical Data

The historical data trend for Lorne Park Capital Partners'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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Lorne Park Capital Partners Accounts Receivable Chart

Lorne Park Capital Partners Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.05 4.90 2.54 3.03 4.64

Lorne Park Capital Partners Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 3.03 2.99 3.08 3.27 4.64

Lorne Park Capital Partners Accounts Receivable Calculation

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


Lorne Park Capital Partners 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.

Lorne Park Capital Partners's Days Sales Outstanding for the quarter that ended in Dec. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=4.643/10.556*91
=40.14

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

Lorne Park Capital Partners'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)
=(1.575+0.75 * 4.643+0.5 * 0-18.883
-0-17.45)/54.654
=-0.57

* 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.


Lorne Park Capital Partners Accounts Receivable Related Terms

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Lorne Park Capital Partners Business Description

Traded in Other Exchanges
N/A
Address
1295 Cornwall Road, Unit A3, Oakville, ON, CAN, L6J 7T5
Lorne Park Capital Partners Inc is a Canada-based company engaged in building a network of boutique investment managers and wealth advisors. The company provides asset management services to investors, estates, trusts, and foundations. Geographically, the company derives maximum revenue from its business in Canada and also has a presence in the United States of America.
Executives
Christopher James Dingle Director
Stephen J. Meehan Director, Senior Officer
Carlo Pannella Senior Officer
Robert Darrell Sewell Director, Senior Officer
Julianna Varpalotai-xavier Senior Officer
Craig William James Ellis Senior Officer

Lorne Park Capital Partners Headlines

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