Lifeloc Technologies (Lifeloc Technologies) Change In Receivables : $-0.08 Mil (TTM As of Dec. 2023)

View and export this data going back to 2012. Start your Free Trial

What is Lifeloc Technologies Change In Receivables?

Lifeloc Technologies's change in receivables for the quarter that ended in Dec. 2023 was $-0.10 Mil. It means Lifeloc Technologies's Accounts Receivable increased by $0.10 Mil from Sep. 2023 to Dec. 2023 .

Lifeloc Technologies's change in receivables for the fiscal year that ended in Dec. 2023 was $-0.08 Mil. It means Lifeloc Technologies's Accounts Receivable increased by $0.08 Mil from Dec. 2022 to Dec. 2023 .

Lifeloc Technologies's Accounts Receivable for the quarter that ended in Dec. 2023 was $0.81 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. Lifeloc Technologies's Days Sales Outstanding for the three months ended in Dec. 2023 was 33.85.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Lifeloc Technologies's liquidation value for the three months ended in Dec. 2023 was $1.56 Mil.

Lifeloc Technologies Change In Receivables Historical Data

The historical data trend for Lifeloc Technologies'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.

Lifeloc Technologies Change In Receivables Chart

Lifeloc Technologies Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

Get a 7-Day Free Trial

0.12

-0.12

0.23

-0.17

-0.08

Lifeloc Technologies Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Change In Receivables	Get a 7-Day Free Trial															-0.08	0.08	-0.11	0.05	-0.10

Lifeloc Technologies 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 Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.08 Mil.

Lifeloc Technologies (OTCPK:LCTC) 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.

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

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	0.812	/	2.189	*	91
=	33.85

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

Lifeloc Technologies'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)
=	1.767	-	2.331	+	0.75 * 0.812	+	0.5 * 3.025
=	1.56

Lifeloc Technologies Change In Receivables Related Terms

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

Lifeloc Technologies (Lifeloc Technologies) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Lifeloc Technologies Inc (OTCPK:LCTC) » Definitions » Change In Receivables

Comparable Companies

Traded in Other Exchanges

N/A

Address

12441 West 49th Avenue, Wheat Ridge, CO, USA, 80033

Website

https://www.lifeloc.com

Lifeloc Technologies Inc is a Colorado-based developer, manufacturer, and marketer of portable hand-held and fixed station breathalyzers and related accessories, supplies and education. It offers fuel-cell based breath alcohol testing equipment. In addition, it also offers a line of supplies, accessories, services, and training to support customers' alcohol testing programs. The company operates through two segments: Product Sales and Rentals. The Product Sales segment is a key revenue driver, includes the sale of physical products, including portable hand-held breathalyzers and related accessories and the Rentals segment includes rental of a portion of the company's building.

Executives

Wayne Willkomm	director	12441 W 49TH AVENUE, UNIT #4, WHEAT RIDGE CO 80033
Donald E. Siecke	director	12441 W 49TH AVE., UNIT 4, WHEAT RIDGE CO 80033
Michael Kornelsen	director	700 N. WASHINGTON STREET, #1007, DENVER CO 80203
Gurumurthi Ravishankar	director, officer: Executive Vice President	12441 W. 49TH STREET, SUITE 4, WHEAT RIDGE CO 80033
Vern D Kornelsen	director, 10 percent owner, officer: Secretary and CFO	4605 S. DENICE DR, ENGLEWOOD CO 80111
Partners Lllp Edco	10 percent owner	4605 S DENICE DR, ENGLEWOOD CO 80111
Robert D Greenlee	director	2060 BROADWAY, BOULDER CO 80302
Kristie L. Larose	officer: Vice President, Finance	12441 W. 49TH AVE., STE 4, WHEAT RIDGE CO 80033
Barry R. Knott	director, officer: President, CEO and Treasurer	12441 W. 49TH AVE., STE 4, WHEAT RIDGE CO 80033
Mark A. Lary	officer: Vice President, Operations	12441 W. 49TH AVE., STE 4, WHEAT RIDGE CO 80033
Robert H. Summers	director	5816 S LUPINE DR, LITTLETON CO 80123
Alan C. Castrodale	director	12441 . 49TH AVE., STE 4, WHEAT RIDGE CO 80033

Lifeloc Technologies (Lifeloc Technologies) Headlines

From GuruFocus

Lifeloc Reports Second Quarter 2023 Results

By ACCESSWIRE • 08-04-2023