LCHD (Leader Capital Holdings) Change In Receivables: $0.00 Mil (TTM As of May. 2023)

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What is Leader Capital Holdings Change In Receivables?

Leader Capital Holdings LCHD Change In Receivables is $0.00 Mil as of May. 2023.

Leader Capital Holdings's change in receivables for the quarter that ended in May. 2023 was $0.00 Mil. It means Leader Capital Holdings's Accounts Receivable stayed the same from Feb. 2023 to May. 2023 .

Leader Capital Holdings's change in receivables for the fiscal year that ended in Aug. 2022 was $-0.00 Mil. It means Leader Capital Holdings's Accounts Receivable increased by $0.00 Mil from Aug. 2021 to Aug. 2022 .

Leader Capital Holdings's Accounts Receivable for the quarter that ended in May. 2023 was $0.00 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. Leader Capital Holdings's Days Sales Outstanding for the three months ended in May. 2023 was 17.11.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Leader Capital Holdings's liquidation value for the three months ended in May. 2023 was $-2.79 Mil.

Leader Capital Holdings  (OTCPK:LCHD) 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.

Leader Capital Holdings's Days Sales Outstanding for the quarter that ended in May. 2023 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0.003/0.016*91
=17.11

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

Leader Capital Holdings's liquidation value for the quarter that ended in May. 2023 is calculated as:

Liquidation Value
=Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=0.163-2.956+0.75 * 0.003+0.5 * 0
=-2.79

* 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.

Leader Capital Holdings Change In Receivables Related Terms

Leader Capital Holdings Change In Receivables Historical Data

* Premium members only.

The historical data trend for Leader Capital Holdings'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.

Leader Capital Holdings Change In Receivables Chart

Leader Capital Holdings Annual Data
Trend Aug17 Aug18 Aug19 Aug20 Aug21 Aug22
Change In Receivables
Get a 7-Day Free Trial 0.00 0.00 -0.19 0.19 -0.00

Leader Capital Holdings Quarterly Data
Aug18 Nov18 Feb19 May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23
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 -0.00 -0.00 0.03 -0.02 0.00

Leader Capital Holdings 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 May. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.00 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 $0.00 Mil mean?
Leader Capital Holdings (LCHD) has a Change In Receivables of $0.00 Mil as of May. 2023. Change in Receivables is the difference between current-period receivables and past-period receivables. View historical data for Leader Capital Holdings and its competitors.
Is Leader Capital Holdings' Change In Receivables too high?
Leader Capital Holdings' current Change In Receivables is $0.00 Mil.
How does Leader Capital Holdings' Change In Receivables compare to MAPS and UPLD?
Leader Capital Holdings' Change In Receivables of $0.00 Mil can be compared against companies in the Software 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 Software company?
A good Change In Receivables depends on the Software 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 Leader Capital Holdings and its competitors. Leader Capital Holdings's current Change In Receivables is $0.00 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Leader Capital Holdings stock overvalued right now?
Leader Capital Holdings (LCHD) has a current Change In Receivables of $0.00 Mil. The current Change In Receivables is $0.00 Mil. 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 Leader Capital Holdings (LCHD), the current Change In Receivables is $0.00 Mil as of May. 2023. 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.

Leader Capital Holdings Business Description

Address 418 Kwan Tong Road, Suite 2311, 23rd Floor, Millennium City 5 - BEA Tower, Kwun Tong, Kowloon, Hong Kong, HKG
Leader Capital Holdings Corp through its subsidiaries owns and operates a mobile application platform that connects the investor with other financial service providers. The company's application helps to meet the generic needs of financial service providers mainly for trust and insurance companies. The Company operates in the provision of investment platform services and Provision of software development service and maintenance service through mobile application.