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La-Z-Boy (FRA:LAZ) Change In Receivables : €3 Mil (TTM As of Oct. 2024)


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What is La-Z-Boy Change In Receivables?

La-Z-Boy's change in receivables for the quarter that ended in Oct. 2024 was €-7 Mil. It means La-Z-Boy's Accounts Receivable increased by €7 Mil from Jul. 2024 to Oct. 2024 .

La-Z-Boy's change in receivables for the fiscal year that ended in Apr. 2024 was €-16 Mil. It means La-Z-Boy's Accounts Receivable increased by €16 Mil from Apr. 2023 to Apr. 2024 .

La-Z-Boy's Accounts Receivable for the quarter that ended in Oct. 2024 was €118 Mil.

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 Receivable are being managed. La-Z-Boy's Days Sales Outstanding for the three months ended in Oct. 2024 was 22.51.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. La-Z-Boy's liquidation value for the three months ended in Oct. 2024 was €-334 Mil.

La-Z-Boy Change In Receivables Historical Data

The historical data trend for La-Z-Boy's Change In Receivables 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.

* Premium members only.

La-Z-Boy Change In Receivables Chart

La-Z-Boy Annual Data
Trend Apr15 Apr16 Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23 Apr24
Change In Receivables
Get a 7-Day Free Trial Premium Member Only Premium Member Only 27.31 -32.01 -38.73 48.95 -15.67

La-Z-Boy Quarterly Data
Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24
Change In Receivables 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 -23.31 12.96 -19.65 16.40 -7.15

La-Z-Boy Change In Receivables Calculation

Change In Accounts Receivable relative to the previous period. It is any increase or decrease in the cash a company is owed by its customers.

Change In Receivables for the trailing twelve months (TTM) ended in Oct. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was €3 Mil.

* 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.

La-Z-Boy  (FRA:LAZ) Change In Receivables 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 Receivable are being managed.

La-Z-Boy's Days Sales Outstanding for the quarter that ended in Oct. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=117.98/478.303*91
=22.51

2. In Ben Graham's calculation of liquidation value, La-Z-Boy's accounts receivable are only considered to be worth 75% of book value:

La-Z-Boy's liquidation value for the quarter that ended in Oct. 2024 is calculated as:

Liquidation Value
=Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=278.211-833.464+0.75 * 117.98+0.5 * 265.494
=-334

* 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.

La-Z-Boy Change In Receivables Related Terms

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La-Z-Boy Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Furnishings, Fixtures & Appliances » La-Z-Boy Inc (FRA:LAZ) » Definitions » Change In Receivables
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Traded in Other Exchanges
LZB:USA LAZ:Germany
Address
One La-Z-Boy Drive, Monroe, MI, USA, 48162-5138
Website
https://www.la-z-boy.com
La-Z-Boy Inc is a U.S.-based company that manufactures, distributes, and retails upholstery furniture products. It is a producer of reclining chairs and distributors of residential furniture in the U.S. The company chiefly operates in the United States but also has secondary operations in Canada and other countries. The company's reportable segments include the Wholesale segment, which manufactures and imports upholstered furniture; and Retail, which sells upholstered and case goods furniture to the end consumer. The majority of the company's revenue is derived from its Wholesale segment.