Lb-shell (LSE:LBP) Change In Receivables: £0.06 Mil (TTM As of May. 2018)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

What is Lb-shell Change In Receivables?

Lb-shell LSE:LBP -22.22% Change In Receivables is £0.06 Mil as of May. 2018. The stock has 5 warning signs investors should review.

Lb-shell's change in receivables for the quarter that ended in May. 2018 was £0.06 Mil. It means Lb-shell's Accounts Receivable declined by £0.06 Mil from Mar. 2017 to May. 2018 .

Lb-shell's change in receivables for the fiscal year that ended in Sep. 2015 was £-0.40 Mil. It means Lb-shell's Accounts Receivable increased by £0.40 Mil from Sep. 2014 to Sep. 2015 .

Lb-shell's Accounts Receivable for the quarter that ended in May. 2018 was £0.00 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.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Lb-shell's liquidation value for the six months ended in May. 2018 was £-0.18 Mil.

Lb-shell  (LSE:LBP) 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.

Lb-shell's Days Sales Outstanding for the quarter that ended in May. 2018 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0/0*91
=

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

Lb-shell's liquidation value for the quarter that ended in May. 2018 is calculated as:

Liquidation Value
=Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=0.303-0.48+0.75 * 0+0.5 * 0
=-0.18

* 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.

Lb-shell Change In Receivables Related Terms

Lb-shell Change In Receivables Historical Data

* Premium members only.

The historical data trend for Lb-shell'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.

Lb-shell Change In Receivables Chart

Lb-shell Annual Data
Trend Sep11 Sep12 Sep13 Sep14 Sep15
Change In Receivables
-2.81 -0.93 0.95 -6.20 -0.40

Lb-shell Semi-Annual Data
Sep11 Sep12 Sep13 Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 May18
Change In Receivables Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 1.60 2.90 -29.05 4.20 0.06

Lb-shell 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 May. 2018 adds up the semi-annually data reported by the company within the most recent 12 months, which was £0.06 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 £0.06 Mil mean?
Lb-shell (LSE:LBP) has a Change In Receivables of £0.06 Mil as of May. 2018. Change in Receivables is the difference between current-period receivables and past-period receivables. View historical data for Lb-shell and its competitors.
Is Lb-shell's Change In Receivables too high?
Lb-shell's current Change In Receivables is £0.06 Mil.
How does Lb-shell's Change In Receivables compare to APGI?
Lb-shell's Change In Receivables of £0.06 Mil can be compared against companies in the Industrial Products 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 an Industrial Products company?
A good Change In Receivables depends on the Industrial Products 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 Lb-shell and its competitors. Lb-shell's current Change In Receivables is £0.06 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Lb-shell stock overvalued right now?
Lb-shell (LSE:LBP) has a current Change In Receivables of £0.06 Mil. The current Change In Receivables is £0.06 Mil. 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 Lb-shell (LSE:LBP), the current Change In Receivables is £0.06 Mil as of May. 2018. 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.

Lb-shell Business Description

Address Holywell Park, Ashby Road, Charnwood Building, Loughborough, Leicestershire, GBR, LE11 3GB
Lb-shell PLC operates through its subsidiary and is engaged in the fuel cell engineering business. It develops proton-exchange membrane hydrogen fuel cells as a clean energy solution for the distributed energy, diesel replacement, automotive and aerial drone markets. Some of the company's products are Fuel cell power for UAVS, Automotive products, and others.