LMGIF (Lumine Group) Change In Receivables: $-4.5 Mil (TTM As of Mar. 2026)

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LMGIF Lumine Group Inc LMGIF
52 GF Score
Price $16.46
GF Value $32.61
Valuation Significantly Undervalued
! 1 Warning Sign
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What is Lumine Group Change In Receivables?

Lumine Group LMGIF +2.43% 52 Change In Receivables is $-4.5 Mil as of Mar. 2026. GuruFocus rates LMGIF with a GF Score™ of 52/100 and a GF Value™ of $32.61 (Significantly Undervalued). The stock has 1 warning sign investors should review.

Lumine Group's change in receivables for the quarter that ended in Mar. 2026 was $-19.9 Mil. It means Lumine Group's Accounts Receivable increased by $19.9 Mil from Dec. 2025 to Mar. 2026 .

Lumine Group's change in receivables for the fiscal year that ended in Dec. 2025 was $3.9 Mil. It means Lumine Group's Accounts Receivable declined by $3.9 Mil from Dec. 2024 to Dec. 2025 .

Lumine Group's Accounts Receivable for the quarter that ended in Mar. 2026 was $200.7 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. Lumine Group's Days Sales Outstanding for the three months ended in Mar. 2026 was 87.91.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Lumine Group's liquidation value for the three months ended in Mar. 2026 was $-387.9 Mil.

Lumine Group  (OTCPK:LMGIF) 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.

Lumine Group's Days Sales Outstanding for the quarter that ended in Mar. 2026 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=200.728/208.347*91
=87.91

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

Lumine Group's liquidation value for the quarter that ended in Mar. 2026 is calculated as:

Liquidation Value
=Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=248.192-786.896+0.75 * 200.728+0.5 * 0.559
=-387.9

* 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.

Lumine Group Change In Receivables Related Terms

Lumine Group Change In Receivables Historical Data

* Premium members only.

The historical data trend for Lumine Group'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.

Lumine Group Change In Receivables Chart

Lumine Group Annual Data
Trend Dec21 Dec22 Dec23 Dec24 Dec25
Change In Receivables
6.73 -8.10 -9.16 -54.52 3.88

Lumine Group Quarterly Data
Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 -11.49 24.94 9.68 -19.25 -19.87
LMGIF
52GF Score
Lumine Group Inc LMGIF
Change In Receivables is just one metric. See GF Score™, valuation, warning signs, and more.
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Lumine Group 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. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $-4.5 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 $-4.5 Mil mean?
Lumine Group (LMGIF) has a Change In Receivables of $-4.5 Mil as of Mar. 2026. Change in Receivables is the difference between current-period receivables and past-period receivables. View historical data for Lumine Group and its competitors.
Is Lumine Group's Change In Receivables too high?
Lumine Group's current Change In Receivables is $-4.5 Mil. Overall, Lumine Group has a GF Score™ of 52/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Lumine Group's Change In Receivables compare to UBER and SHOP?
Lumine Group's Change In Receivables of $-4.5 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 Lumine Group and its competitors. Lumine Group's current Change In Receivables is $-4.5 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Lumine Group stock overvalued right now?
Based on GuruFocus' analysis, Lumine Group (LMGIF) is currently considered Significantly Undervalued. The stock's GF Value™ is $32.61, compared to a current price of $16.46 — trading 49.5% below its estimated fair value. The current Change In Receivables is $-4.5 Mil. Lumine Group's overall GF Score™ is 52/100 with 1 warning sign to review. 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 Lumine Group (LMGIF), the current Change In Receivables is $-4.5 Mil as of Mar. 2026. 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.

Is Lumine Group (LMGIF) Overvalued in 2026?

Based on GuruFocus' analysis, Lumine Group stock appears to be undervalued. The current stock price of $16.46 is trading 49.5% below its estimated GF Value™ of $32.61. GuruFocus considers Lumine Group to be Significantly Undervalued.

Key valuation signals for LMGIF:

  • Change In Receivables: $-4.5 Mil
  • GF Value™: $32.61 vs. price of $16.46 (49.5% below fair value)
  • GF Score™: 52/100 with 1 warning sign

No single metric tells the full story. See the LMGIF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Lumine Group Business Description

Other Exchanges Z76:GermanyLMN:Canada
Address 5060 Spectrum Way, Suite 100, Mississauga, ON, CAN, L4W 5N5
Lumine Group Inc is principally engaged in the acquisition and strengthening of businesses in the communications and media industry. These businesses provide software development, installation, and customization services, along with related professional services and support for customers across various regions.
52GF Score

Get the complete analysis for LMGIF

Change In Receivables is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$16.46
Price
$32.61
GF Value