Lotus Bakeries NV (LTS:0F4O) Change In Receivables : €-30 Mil (TTM As of Jun. 2024)

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What is Lotus Bakeries NV Change In Receivables?

Lotus Bakeries NV's change in receivables for the quarter that ended in Jun. 2024 was €-26 Mil. It means Lotus Bakeries NV's Accounts Receivable increased by €26 Mil from Dec. 2023 to Jun. 2024 .

Lotus Bakeries NV's change in receivables for the fiscal year that ended in Dec. 2023 was €-31 Mil. It means Lotus Bakeries NV's Accounts Receivable increased by €31 Mil from Dec. 2022 to Dec. 2023 .

Lotus Bakeries NV's Accounts Receivable for the quarter that ended in Jun. 2024 was €179 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. Lotus Bakeries NV's Days Sales Outstanding for the six months ended in Jun. 2024 was 54.53.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Lotus Bakeries NV's liquidation value for the six months ended in Jun. 2024 was €-319 Mil.

Lotus Bakeries NV Change In Receivables Historical Data

The historical data trend for Lotus Bakeries NV'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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Lotus Bakeries NV Change In Receivables Chart

Lotus Bakeries NV Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

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-6.87

-5.09

-4.78

-15.68

-31.27

Lotus Bakeries NV Semi-Annual Data
	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Change In Receivables	Get a 7-Day Free Trial															-8.96	-6.72	-26.53	-4.73	-25.68

Lotus Bakeries NV 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 Jun. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was €-30 Mil.

Lotus Bakeries NV (LTS:0F4O) 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.

Lotus Bakeries NV's Days Sales Outstanding for the quarter that ended in Jun. 2024 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	179.062	/	599.255	*	91
=	54.53

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

Lotus Bakeries NV's liquidation value for the quarter that ended in Jun. 2024 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	95.658	-	594.102	+	0.75 * 179.062	+	0.5 * 90.873
=	-319

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Lotus Bakeries NV Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Lotus Bakeries NV (LTS:0F4O) » Definitions » Change In Receivables

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Traded in Other Exchanges

LOTBY:USA LOTB:Belgium

Address

Gentstraat 1, Lembeke, BEL, B-9971

Website

https://www.lotusbakeries.com

Lotus Bakeries NV produces and sells snacks under a range of brands. Under the Peijnenburg and Snelle Jelle brands, the company supplies gingerbread in Netherlands. With the Nakd, Trek, Bear, and Urban Fruit brands, the company offers snacks made from natural ingredients and no added sugar. Lotus Bakeries operates in Belgium, with production facilities in Belgium, the Netherlands, France, and Sweden, and a number of sales units in Europe, the U.S., and Asia. The company's product portfolio is divided into six product lines: the caramelized biscuits line, the waffles and galettes line, the cake specialties line, the gingerbread line, the pepparkakor biscuits line, and the Dinosaurs biscuits line. Lotus Bakeries distributes its products through retail, catering, and food services.

Lotus Bakeries NV Headlines

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