GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » LC Logistics Inc (HKSE:02490) » Definitions » Change In Receivables

LC Logistics (HKSE:02490) Change In Receivables : HK$64 Mil (TTM As of Dec. 2023)


View and export this data going back to 2023. Start your Free Trial

What is LC Logistics Change In Receivables?

LC Logistics's change in receivables for the quarter that ended in Dec. 2023 was HK$64 Mil. It means LC Logistics's Accounts Receivable declined by HK$64 Mil from Dec. 2022 to Dec. 2023 .

LC Logistics's change in receivables for the fiscal year that ended in Dec. 2023 was HK$64 Mil. It means LC Logistics's Accounts Receivable declined by HK$64 Mil from Dec. 2022 to Dec. 2023 .

LC Logistics's Accounts Receivable for the quarter that ended in Dec. 2023 was HK$98 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. LC Logistics's Days Sales Outstanding for the six months ended in Dec. 2023 was 13.15.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. LC Logistics's liquidation value for the six months ended in Dec. 2023 was HK$2 Mil.

LC Logistics Change In Receivables Historical Data

The historical data trend for LC Logistics'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.

LC Logistics Change In Receivables Chart

LC Logistics Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Change In Receivables
-20.08 -260.61 170.50 63.77

LC Logistics Semi-Annual Data
Dec20 Dec21 Dec22 Dec23
Change In Receivables -20.08 -260.61 170.50 63.77

LC Logistics 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.

For stock reported annually, GuruFocus uses latest annual data as the TTM data. Change In Receivables for the trailing twelve months (TTM) ended in Dec. 2023 was HK$64 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.

LC Logistics  (HKSE:02490) 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.

LC Logistics's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=97.631/1354.613*91
=13.15

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

LC Logistics's liquidation value for the quarter that ended in Dec. 2023 is calculated as:

Liquidation Value
=Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=233.678-307.444+0.75 * 97.631+0.5 * 5.888
=2

* 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.

LC Logistics Change In Receivables Related Terms

Thank you for viewing the detailed overview of LC Logistics's Change In Receivables provided by GuruFocus.com. Please click on the following links to see related term pages.

LC Logistics (HKSE:02490) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » LC Logistics Inc (HKSE:02490) » Definitions » Change In Receivables
Comparable Companies
HKSE:02130 HKSE:03399 HKSE:02482 HKSE:01442 HKSE:00500 HKSE:08310 HKSE:06123 HKSE:08047 HKSE:01292 HKSE:01732 UPS FDX XTER:DHL XSWX:KNIN OCSE:DSV SZSE:002352 ZTO JBHT EXPD HKSE:01519
Traded in Other Exchanges
N/A
Address
9/F, China Stone Building, 37 Hong Kong Middle Road, Shinan District, Shandong Province, Qingdao, CHN
Website
http://www.burnasia.cn
LC Logistics Inc is a company involved in cross-border logistics services. The company provides services cover all major aspects of the cross-border logistics process, including cargo pick-up and sorting, customs clearance, cross-border seaborne transportation, warehouse transit and last-mile delivery.
Executives
Li Yan 2201 Interest of corporation controlled by you
Liu Quanxiang 2201 Interest of corporation controlled by you
Xu Xin 2201 Interest of corporation controlled by you
Grand Sailing Limited 2201 Interest of corporation controlled by you
Lecang Altitude Limited 2101 Beneficial owner
Glorious Sailing Limited 2101 Beneficial owner
Lecang Flourishing Limited 2101 Beneficial owner
Spring Wealth Limited 2201 Interest of corporation controlled by you
Lecang Shining Limited 2101 Beneficial owner
Peace Seaworld Limited 2201 Interest of corporation controlled by you

LC Logistics (HKSE:02490) Headlines

No Headlines