Legend Power Systems (FRA:XLE1) Change In Receivables : €0.17 Mil (TTM As of Mar. 2024)

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What is Legend Power Systems Change In Receivables?

Legend Power Systems's change in receivables for the quarter that ended in Mar. 2024 was €-0.02 Mil. It means Legend Power Systems's Accounts Receivable increased by €0.02 Mil from Dec. 2023 to Mar. 2024 .

Legend Power Systems's change in receivables for the fiscal year that ended in Sep. 2023 was €0.65 Mil. It means Legend Power Systems's Accounts Receivable declined by €0.65 Mil from Sep. 2022 to Sep. 2023 .

Legend Power Systems's Accounts Receivable for the quarter that ended in Mar. 2024 was €0.11 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. Legend Power Systems's Days Sales Outstanding for the three months ended in Mar. 2024 was 123.84.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Legend Power Systems's liquidation value for the three months ended in Mar. 2024 was €0.34 Mil.

Legend Power Systems Change In Receivables Historical Data

The historical data trend for Legend Power Systems'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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Legend Power Systems Change In Receivables Chart

Legend Power Systems Annual Data

Trend

Sep14

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Change In Receivables

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0.92

0.35

0.24

-0.37

0.65

Legend Power Systems Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Change In Receivables	Get a 7-Day Free Trial															0.29	-0.18	0.34	0.03	-0.02

Legend Power Systems 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 Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was €0.17 Mil.

Legend Power Systems (FRA:XLE1) 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.

Legend Power Systems's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	0.114	/	0.084	*	91
=	123.84

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

Legend Power Systems's liquidation value for the quarter that ended in Mar. 2024 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	0.35	-	0.759	+	0.75 * 0.114	+	0.5 * 1.329
=	0.34

Legend Power Systems Change In Receivables Related Terms

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Legend Power Systems (FRA:XLE1) Business Description

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LPSIF:USA LPS:Canada

Address

1480 Frances Street, Vancouver, BC, CAN, V5L 1Y9

Website

https://www.legendpower.com

Legend Power Systems Inc together with its subsidiaries provides electrical energy conservation solutions to commercial and industrial customers in Canada. The Company's principal business activities are the assembly, marketing and sale of a patented device which is the SmartGATE, which enables dynamic power management of an entire commercial or industrial building. Business operating segments are based on geographical location of sale and installation of the SmartGATE products: Legend Power Systems Canada and Legend Power Systems Corp - U.S. Geographically, it derives a majority of revenue from Canada and also has a presence in the United States.

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