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Lotte Chemical Pakistan (KAR:LOTCHEM) Change In Receivables : ₨-1,466 Mil (TTM As of Mar. 2024)


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What is Lotte Chemical Pakistan Change In Receivables?

Lotte Chemical Pakistan's change in receivables for the quarter that ended in Mar. 2024 was ₨-4,128 Mil. It means Lotte Chemical Pakistan's Accounts Receivable increased by ₨4,128 Mil from Dec. 2023 to Mar. 2024 .

Lotte Chemical Pakistan's change in receivables for the fiscal year that ended in Dec. 2023 was ₨-3,299 Mil. It means Lotte Chemical Pakistan's Accounts Receivable increased by ₨3,299 Mil from Dec. 2022 to Dec. 2023 .

Lotte Chemical Pakistan's Accounts Receivable for the quarter that ended in Mar. 2024 was ₨12,117 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. Lotte Chemical Pakistan's Days Sales Outstanding for the three months ended in Mar. 2024 was 34.26.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Lotte Chemical Pakistan's liquidation value for the three months ended in Mar. 2024 was ₨-1,009 Mil.


Lotte Chemical Pakistan Change In Receivables Historical Data

The historical data trend for Lotte Chemical Pakistan'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.

Lotte Chemical Pakistan Change In Receivables Chart

Lotte Chemical Pakistan Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Change In Receivables
Get a 7-Day Free Trial Premium Member Only Premium Member Only -112.47 987.95 -2,198.09 -2,974.89 -3,299.46

Lotte Chemical Pakistan 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 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 -5,961.80 4,123.99 1,483.26 -2,944.92 -4,128.08

Lotte Chemical Pakistan 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 ₨-1,466 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.


Lotte Chemical Pakistan  (KAR:LOTCHEM) 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.

Lotte Chemical Pakistan's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=12117.402/32276.924*91
=34.26

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

Lotte Chemical Pakistan'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)
=7397.083-24423.322+0.75 * 12117.402+0.5 * 13859.138
=-1,009

* 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.


Lotte Chemical Pakistan Change In Receivables Related Terms

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Lotte Chemical Pakistan (KAR:LOTCHEM) Business Description

Traded in Other Exchanges
N/A
Address
EZ/1/P-4, Eastern Industrial Zone, P.O. Box 723, Port Qasim, Karachi, SD, PAK, 74200
Lotte Chemical Pakistan Ltd is a Pakistan-based manufacturer and supplier of Purified Terephthalic Acid (PTA). The business activity of the firm is operated through the manufacture and sale of chemicals segments. The organization supplies products to the textile, domestic polyester, and polyethylene terephthalate packaging industries.

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