NCL (Northann) Change In Receivables : $-0.46 Mil (TTM As of Sep. 2024)

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What is Northann Change In Receivables?

Northann's change in receivables for the quarter that ended in Sep. 2024 was $0.58 Mil. It means Northann's Accounts Receivable declined by $0.58 Mil from Jun. 2024 to Sep. 2024 .

Northann's change in receivables for the fiscal year that ended in Dec. 2023 was $-1.20 Mil. It means Northann's Accounts Receivable increased by $1.20 Mil from Dec. 2022 to Dec. 2023 .

Northann's Accounts Receivable for the quarter that ended in Sep. 2024 was $1.94 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. Northann's Days Sales Outstanding for the three months ended in Sep. 2024 was 69.24.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Northann's liquidation value for the three months ended in Sep. 2024 was $-9.73 Mil.

Northann Change In Receivables Historical Data

The historical data trend for Northann'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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Northann Change In Receivables Chart

Northann Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Change In Receivables

0.54

-1.17

-0.21

-1.20

Northann Quarterly Data
	Dec20	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Change In Receivables	Get a 7-Day Free Trial									-0.53	-1.18	0.16	-0.01	0.58

Northann 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. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.46 Mil.

Northann (AMEX:NCL) 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.

Northann's Days Sales Outstanding for the quarter that ended in Sep. 2024 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	1.941	/	2.558	*	91
=	69.24

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

Northann's liquidation value for the quarter that ended in Sep. 2024 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	0.084	-	13.17	+	0.75 * 1.941	+	0.5 * 3.808
=	-9.73

Northann Change In Receivables Related Terms

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Northann Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Furnishings, Fixtures & Appliances » Northann Corp (AMEX:NCL) » Definitions » Change In Receivables

Comparable Companies

Traded in Other Exchanges

N/A

Address

c/o Northann Distribution Center Inc, 9820 Dino Drive, Suite 110, Elk Grove, CA, USA, 95624

Website

https://www.northann.com

Northann Corp specialized in 3D-printed flooring solutions under its flagship brand, "Benchwick." The company's operations span the full spectrum of additive manufacturing, from sourcing recycled ocean plastics to the final production of intricate flooring designs. Northann offers an extensive range of proprietary solutions, including Infinite Glass, DSE, TruBevel, and MattMaster, primarily through its sales network in North America and Europe.

Executives

Scott Brady Powell	director	700 1ST STREET, #17J, HOBOKEN NJ 07030
Schaefer Charles James Iv	director	C/O NORTHANN DISTRIBUTION CENTER INC., 9820 DINO DRIVE, SUITE 110, ELK GROVE CA 95624
Kurt W. Winn	director, officer: Chief Operating Officer	C/O NORTHANN DISTRIBUTION CENTER INC., 9820 DINO DRIVE, SUITE 110, ELK GROVE CA 95624
Bradley Charles Lalonde	director	C/O NORTHANN DISTRIBUTION CENTER INC., 9820 DINO DRIVE, SUITE 110, ELK GROVE CA 95624

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