Lever Style (Lever Style) Change In Receivables : $-22.1 Mil (TTM As of Dec. 2023)

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What is Lever Style Change In Receivables?

Lever Style's change in receivables for the quarter that ended in Dec. 2023 was $-13.3 Mil. It means Lever Style's Accounts Receivable increased by $13.3 Mil from Jun. 2023 to Dec. 2023 .

Lever Style's change in receivables for the fiscal year that ended in Dec. 2023 was $-22.1 Mil. It means Lever Style's Accounts Receivable increased by $22.1 Mil from Dec. 2022 to Dec. 2023 .

Lever Style's Accounts Receivable for the quarter that ended in Dec. 2023 was $38.7 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. Lever Style's Days Sales Outstanding for the six months ended in Dec. 2023 was 65.20.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Lever Style's liquidation value for the six months ended in Dec. 2023 was $19.7 Mil.

Lever Style Change In Receivables Historical Data

The historical data trend for Lever Style'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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Lever Style Change In Receivables Chart

Lever Style Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

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-5.13

9.86

-8.61

-28.46

-22.10

Lever Style Semi-Annual Data
	Dec16	Dec17	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Change In Receivables	Get a 7-Day Free Trial								-8.44	-1.76	-26.71	-8.84	-13.26

Lever Style 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 Dec. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was $-22.1 Mil.

Lever Style (OTCPK:LVSYF) 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.

Lever Style's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	38.699	/	108.322	*	91
=	65.20

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

Lever Style's liquidation value for the quarter that ended in Dec. 2023 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	18.12	-	35.539	+	0.75 * 38.699	+	0.5 * 16.289
=	19.7

Lever Style Change In Receivables Related Terms

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Lever Style (Lever Style) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Lever Style Corp (OTCPK:LVSYF) » Definitions » Change In Receivables

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Traded in Other Exchanges

01346:Hong Kong

Address

12 Hing Yip Street, Wing Tai Centre, 7th Floor, Room 76, Flat A, Kwun Tong, Kowloon, Hong Kong, HKG

Website

https://www.leverstyle.com

Lever Style Corp engages in apparel manufacturing. The firm offers a wide range of product categories for both men and women. Its product line comprises shirts, bottoms, suits, outwear, and other products out of which sale of shirts derives the majority revenue. Geographically, the United States of America contributes majority of the firm's revenue.

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