LBTI (Lithium & Boron Technology) Change In Receivables: $-0.15 Mil (TTM As of Jun. 2022)

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LBTI Lithium & Boron Technology Inc LBTI
12 GF Score
Price $0.00
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What is Lithium & Boron Technology Change In Receivables?

Lithium & Boron Technology LBTI 12 Change In Receivables is $-0.15 Mil as of Jun. 2022. GuruFocus rates LBTI with a GF Score™ of 12/100.

Lithium & Boron Technology's change in receivables for the quarter that ended in Jun. 2022 was $-0.10 Mil. It means Lithium & Boron Technology's Accounts Receivable increased by $0.10 Mil from Mar. 2022 to Jun. 2022 .

Lithium & Boron Technology's change in receivables for the fiscal year that ended in Dec. 2021 was $0.06 Mil. It means Lithium & Boron Technology's Accounts Receivable declined by $0.06 Mil from Dec. 2020 to Dec. 2021 .

Lithium & Boron Technology's Accounts Receivable for the quarter that ended in Jun. 2022 was $0.03 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. Lithium & Boron Technology's Days Sales Outstanding for the three months ended in Jun. 2022 was 7.95.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Lithium & Boron Technology's liquidation value for the three months ended in Jun. 2022 was $-5.69 Mil.

Lithium & Boron Technology  (OTCPK:LBTI) 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.

Lithium & Boron Technology's Days Sales Outstanding for the quarter that ended in Jun. 2022 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0.027/0.31*91
=7.95

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

Lithium & Boron Technology's liquidation value for the quarter that ended in Jun. 2022 is calculated as:

Liquidation Value
=Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=0.635-6.483+0.75 * 0.027+0.5 * 0.284
=-5.69

* 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.

Lithium & Boron Technology Change In Receivables Related Terms

Lithium & Boron Technology Change In Receivables Historical Data

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The historical data trend for Lithium & Boron Technology'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.

Lithium & Boron Technology Change In Receivables Chart

Lithium & Boron Technology Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Change In Receivables
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.14 -0.07 0.05 0.29 0.06

Lithium & Boron Technology Quarterly Data
Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22
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 0.15 0.01 -0.03 -0.03 -0.10
LBTI
12GF Score
Lithium & Boron Technology Inc LBTI
Change In Receivables is just one metric. See GF Score™, valuation, warning signs, and more.
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Lithium & Boron Technology 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 Jun. 2022 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.15 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.

Frequently Asked Questions Learn more about Change In Receivables →
What does a Change In Receivables of $-0.15 Mil mean?
Lithium & Boron Technology (LBTI) has a Change In Receivables of $-0.15 Mil as of Jun. 2022. Change in Receivables is the difference between current-period receivables and past-period receivables. View historical data for Lithium & Boron Technology and its competitors.
Is Lithium & Boron Technology's Change In Receivables too high?
Lithium & Boron Technology's current Change In Receivables is $-0.15 Mil. Overall, Lithium & Boron Technology has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does Lithium & Boron Technology's Change In Receivables compare to ATYG and GRST?
Lithium & Boron Technology's Change In Receivables of $-0.15 Mil can be compared against companies in the Chemicals industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Change In Receivables for a Chemicals company?
A good Change In Receivables depends on the Chemicals industry context. However, Change In Receivables should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Change In Receivables mean?
A high Change In Receivables can signal that a stock is expensive relative to its fundamentals. Change in Receivables is the difference between current-period receivables and past-period receivables. View historical data for Lithium & Boron Technology and its competitors. Lithium & Boron Technology's current Change In Receivables is $-0.15 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Lithium & Boron Technology stock overvalued right now?
Lithium & Boron Technology (LBTI) has a current Change In Receivables of $-0.15 Mil. The current Change In Receivables is $-0.15 Mil. Lithium & Boron Technology's overall GF Score™ is 12/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Change In Receivables calculated?
Change In Receivables is calculated from a company's financial statements. For Lithium & Boron Technology (LBTI), the current Change In Receivables is $-0.15 Mil as of Jun. 2022. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Lithium & Boron Technology Business Description

Address 60 East Ren-Min Road, Xai Xi County, Qing Hai Province, Da-Chai Dan, CHN, 817000
Lithium & Boron Technology Inc is a Chinese boric acid manufacturing company. The company focuses on the comprehensive development and utilization of salt lake resources and product research and development, and is a resource-based enterprise integrating boron ore mining, boric acid production, deep processing of borate compounds, and production and sales of industrial salt.
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Change In Receivables is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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