LMPX (LMP Automotive Holdings) Change In Receivables: $-9.9 Mil (TTM As of Sep. 2021)

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LMPX LMP Automotive Holdings Inc LMPX
18 GF Score
Price $0.08
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What is LMP Automotive Holdings Change In Receivables?

LMP Automotive Holdings LMPX 18 Change In Receivables is $-9.9 Mil as of Sep. 2021. GuruFocus rates LMPX with a GF Score™ of 18/100.

LMP Automotive Holdings's change in receivables for the quarter that ended in Sep. 2021 was $1.0 Mil. It means LMP Automotive Holdings's Accounts Receivable declined by $1.0 Mil from Jun. 2021 to Sep. 2021 .

LMP Automotive Holdings's change in receivables for the fiscal year that ended in Dec. 2020 was $0.7 Mil. It means LMP Automotive Holdings's Accounts Receivable declined by $0.7 Mil from Dec. 2019 to Dec. 2020 .

LMP Automotive Holdings's Accounts Receivable for the quarter that ended in Sep. 2021 was $12.1 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. LMP Automotive Holdings's Days Sales Outstanding for the three months ended in Sep. 2021 was 7.80.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. LMP Automotive Holdings's liquidation value for the three months ended in Sep. 2021 was $-123.3 Mil.

LMP Automotive Holdings  (OTCPK:LMPX) 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.

LMP Automotive Holdings's Days Sales Outstanding for the quarter that ended in Sep. 2021 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=12.091/141.433*91
=7.80

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

LMP Automotive Holdings's liquidation value for the quarter that ended in Sep. 2021 is calculated as:

Liquidation Value
=Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=22.283-177.319+0.75 * 12.091+0.5 * 45.24
=-123.3

* 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.

LMP Automotive Holdings Change In Receivables Related Terms

LMP Automotive Holdings Change In Receivables Historical Data

* Premium members only.

The historical data trend for LMP Automotive 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.

LMP Automotive Holdings Change In Receivables Chart

LMP Automotive Holdings Annual Data
Trend Dec17 Dec18 Dec19 Dec20
Change In Receivables
-0.09 -0.20 0.23 0.75

LMP Automotive Holdings Quarterly Data
Dec17 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21
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 -0.23 1.69 -13.44 0.91 0.96
LMPX
18GF Score
LMP Automotive Holdings Inc LMPX
Change In Receivables is just one metric. See GF Score™, valuation, warning signs, and more.
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LMP Automotive 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 Sep. 2021 adds up the quarterly data reported by the company within the most recent 12 months, which was $-9.9 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 $-9.9 Mil mean?
LMP Automotive Holdings (LMPX) has a Change In Receivables of $-9.9 Mil as of Sep. 2021. Change in Receivables is the difference between current-period receivables and past-period receivables. View historical data for LMP Automotive Holdings and its competitors.
Is LMP Automotive Holdings' Change In Receivables too high?
LMP Automotive Holdings' current Change In Receivables is $-9.9 Mil. Overall, LMP Automotive Holdings has a GF Score™ of 18/100, reflecting its overall financial health beyond just this single metric.
How does LMP Automotive Holdings' Change In Receivables compare to LOTZ and JZXN?
LMP Automotive Holdings' Change In Receivables of $-9.9 Mil can be compared against companies in the Vehicles & Parts 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 Vehicles & Parts company?
A good Change In Receivables depends on the Vehicles & Parts 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 LMP Automotive Holdings and its competitors. LMP Automotive Holdings's current Change In Receivables is $-9.9 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is LMP Automotive Holdings stock overvalued right now?
LMP Automotive Holdings (LMPX) has a current Change In Receivables of $-9.9 Mil. The current Change In Receivables is $-9.9 Mil. LMP Automotive Holdings' overall GF Score™ is 18/100. 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 LMP Automotive Holdings (LMPX), the current Change In Receivables is $-9.9 Mil as of Sep. 2021. 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.

LMP Automotive Holdings Business Description

Address 500 East Broward Boulevard, Suite 1900, Fort Lauderdale, FL, USA, 33394
LMP Automotive Holdings Inc is an e-commerce and facilities-based retail platform for consumers who desire to buy, sell, rent, subscribe for or finance pre-owned and new automobiles. Its business model is described as Buy, Rent or Subscribe, Sell and Repeat. The company offer sales of pre-owned automobiles, and rentals and subscriptions for both pre-owned and new automobiles.
18GF Score

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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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