LZGI (LZG International) Change In Receivables: $11.33 Mil (TTM As of Feb. 2023)

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What is LZG International Change In Receivables?

LZG International LZGI Change In Receivables is $11.33 Mil as of Feb. 2023.

LZG International's change in receivables for the quarter that ended in Feb. 2023 was $-3.04 Mil. It means LZG International's Accounts Receivable increased by $3.04 Mil from Nov. 2022 to Feb. 2023 .

LZG International's change in receivables for the fiscal year that ended in May. 2022 was $-9.95 Mil. It means LZG International's Accounts Receivable increased by $9.95 Mil from May. 2021 to May. 2022 .

LZG International's Accounts Receivable for the quarter that ended in Feb. 2023 was $2.48 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. LZG International's Days Sales Outstanding for the three months ended in Feb. 2023 was 23.67.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. LZG International's liquidation value for the three months ended in Feb. 2023 was $-24.01 Mil.

LZG International  (OTCPK:LZGI) 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.

LZG International's Days Sales Outstanding for the quarter that ended in Feb. 2023 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=2.481/9.563*91
=23.67

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

LZG International's liquidation value for the quarter that ended in Feb. 2023 is calculated as:

Liquidation Value
=Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=0.258-26.124+0.75 * 2.481+0.5 * 0
=-24.01

* 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.

LZG International Change In Receivables Related Terms

LZG International Change In Receivables Historical Data

* Premium members only.

The historical data trend for LZG International'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.

LZG International Change In Receivables Chart

LZG International Annual Data
Trend May13 May14 May15 May16 May17 May18 May19 May20 May21 May22
Change In Receivables
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 -9.95

LZG International Quarterly Data
May18 Aug18 Nov18 Feb19 May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23
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 Premium Member Only Premium Member Only 0.00 0.00 12.00 2.38 -3.04

LZG International 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 Feb. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $11.33 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 $11.33 Mil mean?
LZG International (LZGI) has a Change In Receivables of $11.33 Mil as of Feb. 2023. Change in Receivables is the difference between current-period receivables and past-period receivables. View historical data for LZG International and its competitors.
Is LZG International's Change In Receivables too high?
LZG International's current Change In Receivables is $11.33 Mil.
How does LZG International's Change In Receivables compare to QGSI and BMTX?
LZG International's Change In Receivables of $11.33 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 LZG International and its competitors. LZG International's current Change In Receivables is $11.33 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is LZG International stock overvalued right now?
LZG International (LZGI) has a current Change In Receivables of $11.33 Mil. The current Change In Receivables is $11.33 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 LZG International (LZGI), the current Change In Receivables is $11.33 Mil as of Feb. 2023. 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.

LZG International Business Description

Address 135 West 41st Street, Suite 5-104, New York, NY, USA, 10036
LZG International Inc is a provider of AI solutions to businesses. Its AI Solutions are supported by the Outcomes software platform and various team members focused on helping SMEs be more effective and efficient. The company is also engaged in marketing the FatBrain technology, which transforms continuous learning, narrative reasoning, cloud, blockchain, and Web3 technologies into auditable, explainable, and easy-to-integrate products. The FatBrain's subscription model allows all companies to deploy its AI solutions quickly and easily, securely utilizing them on premises behind their firewalls or via the cloud.