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LHN Logistics (SGX:GIH) Change In Receivables : S$1.90 Mil (TTM As of Mar. 2023)


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What is LHN Logistics Change In Receivables?

LHN Logistics's change in receivables for the quarter that ended in Mar. 2023 was S$0.36 Mil. It means LHN Logistics's Accounts Receivable declined by S$0.36 Mil from Sep. 2022 to Mar. 2023 .

LHN Logistics's change in receivables for the fiscal year that ended in Sep. 2022 was S$-0.53 Mil. It means LHN Logistics's Accounts Receivable increased by S$0.53 Mil from Sep. 2021 to Sep. 2022 .

LHN Logistics's Accounts Receivable for the quarter that ended in Mar. 2023 was S$5.23 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. LHN Logistics's Days Sales Outstanding for the six months ended in Mar. 2023 was 74.95.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. LHN Logistics's liquidation value for the six months ended in Mar. 2023 was S$-15.43 Mil.


LHN Logistics Change In Receivables Historical Data

The historical data trend for LHN Logistics'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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LHN Logistics Change In Receivables Chart

LHN Logistics Annual Data
Trend Sep19 Sep20 Sep21 Sep22
Change In Receivables
0.66 0.65 -0.22 -0.53

LHN Logistics Semi-Annual Data
Sep19 Sep20 Sep21 Mar22 Sep22 Mar23
Change In Receivables Get a 7-Day Free Trial - - -2.08 1.54 0.36

LHN Logistics 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 Mar. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was S$1.90 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.


LHN Logistics  (SGX:GIH) 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.

LHN Logistics's Days Sales Outstanding for the quarter that ended in Mar. 2023 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=5.23/12.735*91
=74.95

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

LHN Logistics's liquidation value for the quarter that ended in Mar. 2023 is calculated as:

Liquidation Value
=Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=3.365-22.794+0.75 * 5.23+0.5 * 0.16
=-15.43

* 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.


LHN Logistics Change In Receivables Related Terms

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LHN Logistics (SGX:GIH) Business Description

Traded in Other Exchanges
N/A
Address
10 Raeburn Park No. 02-15B, Singapore, SGP, 088702
LHN Logistics Ltd is a logistics services group with two principal business segments, namely, transportation and container depot services. Geographically it derives a majority of its revenue from Singapore.

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