The Lion Electric Co (The Lion Electric Co) Change In Receivables : $-2.0 Mil (TTM As of Mar. 2024)

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What is The Lion Electric Co Change In Receivables?

The Lion Electric Co's change in receivables for the quarter that ended in Mar. 2024 was $-9.4 Mil. It means The Lion Electric Co's Accounts Receivable increased by $9.4 Mil from Dec. 2023 to Mar. 2024 .

The Lion Electric Co's change in receivables for the fiscal year that ended in Dec. 2023 was $-13.4 Mil. It means The Lion Electric Co's Accounts Receivable increased by $13.4 Mil from Dec. 2022 to Dec. 2023 .

The Lion Electric Co's Accounts Receivable for the quarter that ended in Mar. 2024 was $82.5 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. The Lion Electric Co's Days Sales Outstanding for the three months ended in Mar. 2024 was 135.64.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. The Lion Electric Co's liquidation value for the three months ended in Mar. 2024 was $-289.0 Mil.

The Lion Electric Co Change In Receivables Historical Data

The historical data trend for The Lion Electric Co'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.

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The Lion Electric Co Change In Receivables Chart

The Lion Electric Co Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

-8.90

-1.14

-17.36

-24.37

-13.35

The Lion Electric Co Quarterly Data
	Dec19	May20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Change In Receivables	Get a 7-Day Free Trial												-25.40	7.44	-	-	-9.45

The Lion Electric Co 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 $-2.0 Mil.

The Lion Electric Co (NYSE:LEV) 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.

The Lion Electric Co's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	82.472	/	55.481	*	91
=	135.64

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

The Lion Electric Co'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)
=	4.8	-	474.403	+	0.75 * 82.472	+	0.5 * 237.454
=	-289.0

The Lion Electric Co Change In Receivables Related Terms

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The Lion Electric Co (The Lion Electric Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Farm & Heavy Construction Machinery » The Lion Electric Co (NYSE:LEV) » Definitions » Change In Receivables

Comparable Companies

Traded in Other Exchanges

70U:Germany LEV:Canada

Address

921 chemin de la Riviere-du-Nord, Saint-Jerome, QC, CAN, J7Y 5G2

Website

https://www.thelionelectric.com

The Lion Electric Co. includes designing, developing, manufacturing and distributing purpose-built all-electric medium and heavy-duty urban vehicles including battery systems, chassis, bus bodies and truck cabins. The Group also distributes truck and bus parts and accessories. The Group has one reportable operating segment, the manufacturing and sales of electric vehicles in Canada and in the United States. Geographically, the majority of revenue is generated from Canada.