LEVGQ (The Lion Electric Co) Change In Receivables: $47.0 Mil (TTM As of Sep. 2024)

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LEVGQ The Lion Electric Co LEVGQ
12 GF Score
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What is The Lion Electric Co Change In Receivables?

The Lion Electric Co LEVGQ 12 Change In Receivables is $47.0 Mil as of Sep. 2024. GuruFocus rates LEVGQ with a GF Score™ of 12/100.

The Lion Electric Co's change in receivables for the quarter that ended in Sep. 2024 was $9.4 Mil. It means The Lion Electric Co's Accounts Receivable declined by $9.4 Mil from Jun. 2024 to Sep. 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 Sep. 2024 was $48.7 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 Sep. 2024 was 145.17.

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 Sep. 2024 was $-329.4 Mil.

The Lion Electric Co  (OTCPK:LEVGQ) 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 Sep. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=48.725/30.627*91
=145.17

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 Sep. 2024 is calculated as:

Liquidation Value
=Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=26.288-499.765+0.75 * 48.725+0.5 * 215.103
=-329.4

* 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.

The Lion Electric Co Change In Receivables Related Terms

The Lion Electric Co Change In Receivables Historical Data

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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.

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
May20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 -19.53 24.13 -9.45 22.95 9.40
LEVGQ
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The Lion Electric Co LEVGQ
Change In Receivables is just one metric. See GF Score™, valuation, warning signs, and more.
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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 Sep. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $47.0 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 $47.0 Mil mean?
The Lion Electric Co (LEVGQ) has a Change In Receivables of $47.0 Mil as of Sep. 2024. Change in Receivables is the difference between current-period receivables and past-period receivables. View historical data for The Lion Electric Co and its competitors.
Is The Lion Electric Co's Change In Receivables too high?
The Lion Electric Co's current Change In Receivables is $47.0 Mil. Overall, The Lion Electric Co has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does The Lion Electric Co's Change In Receivables compare to UGRO and NKLAQ?
The Lion Electric Co's Change In Receivables of $47.0 Mil can be compared against companies in the Farm & Heavy Construction Machinery 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 Farm & Heavy Construction Machinery company?
A good Change In Receivables depends on the Farm & Heavy Construction Machinery 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 The Lion Electric Co and its competitors. The Lion Electric Co's current Change In Receivables is $47.0 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is The Lion Electric Co stock overvalued right now?
The Lion Electric Co (LEVGQ) has a current Change In Receivables of $47.0 Mil. The current Change In Receivables is $47.0 Mil. The Lion Electric Co'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 The Lion Electric Co (LEVGQ), the current Change In Receivables is $47.0 Mil as of Sep. 2024. 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.

The Lion Electric Co Business Description

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