Luna Innovations (FRA:LRD) Change In Receivables : €-9.6 Mil (TTM As of Sep. 2023)

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What is Luna Innovations Change In Receivables?

Luna Innovations's change in receivables for the quarter that ended in Sep. 2023 was €-2.8 Mil. It means Luna Innovations's Accounts Receivable increased by €2.8 Mil from Jun. 2023 to Sep. 2023 .

Luna Innovations's change in receivables for the fiscal year that ended in Dec. 2022 was €-13.4 Mil. It means Luna Innovations's Accounts Receivable increased by €13.4 Mil from Dec. 2021 to Dec. 2022 .

Luna Innovations's Accounts Receivable for the quarter that ended in Sep. 2023 was €36.8 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. Luna Innovations's Days Sales Outstanding for the three months ended in Sep. 2023 was 116.81.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Luna Innovations's liquidation value for the three months ended in Sep. 2023 was €-12.5 Mil.

Luna Innovations Change In Receivables Historical Data

The historical data trend for Luna Innovations'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.

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Luna Innovations Change In Receivables Chart

Luna Innovations Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Change In Receivables

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-6.16

-2.43

-3.94

-1.38

-13.37

Luna Innovations Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Change In Receivables	Get a 7-Day Free Trial															-2.52	-4.96	0.32	-2.15	-2.78

Luna Innovations 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 Sep. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was €-9.6 Mil.

Luna Innovations (FRA:LRD) 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.

Luna Innovations's Days Sales Outstanding for the quarter that ended in Sep. 2023 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	36.828	/	28.769	*	91
=	116.81

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

Luna Innovations's liquidation value for the quarter that ended in Sep. 2023 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	5.648	-	66.042	+	0.75 * 36.828	+	0.5 * 40.589
=	-12.5

Luna Innovations Change In Receivables Related Terms

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Luna Innovations (FRA:LRD) Business Description

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LUNA:USA

Address

301 1st Street South West, Suite 200, Roanoke, VA, USA, 24011

Website

https://www.lunainc.com

Luna Innovations Inc is engaged in optical technology, providing high-performance fiber optic test, measurement, and control products for the telecommunications, and photonics industries, and distributed fiber optic sensing solutions that measure and monitor materials and structures for applications in aerospace, automotive, oil, and gas, security, and infrastructure. Its Lightwave segment develops, manufactures, and markets optical measurements technologies like Sensing including short, medium, and long-range distributed fiber optic sensing solutions and Terahertz measurement products, and Communications test and photonic control including test equipment for communications devices and networks and specialty laser and photonic components. It derives a majority of its revenue from the U.S.

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