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Trans-Lux's change in receivables for the quarter that ended in Sep. 2024 was $0.52 Mil. It means Trans-Lux's Accounts Receivable declined by $0.52 Mil from Jun. 2024 to Sep. 2024 .
Trans-Lux's change in receivables for the fiscal year that ended in Dec. 2023 was $1.39 Mil. It means Trans-Lux's Accounts Receivable declined by $1.39 Mil from Dec. 2022 to Dec. 2023 .
Trans-Lux's Accounts Receivable for the quarter that ended in Sep. 2024 was $1.46 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. Trans-Lux's Days Sales Outstanding for the three months ended in Sep. 2024 was 49.82.
In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Trans-Lux's liquidation value for the three months ended in Sep. 2024 was $-23.05 Mil.
The historical data trend for Trans-Lux'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.
Trans-Lux Annual Data | |||||||||||||||||||||
Trend | Dec14 | Dec15 | Dec16 | Dec17 | Dec18 | Dec19 | Dec20 | Dec21 | Dec22 | Dec23 | |||||||||||
Change In Receivables | Get a 7-Day Free Trial |
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-0.02 | 0.88 | -0.83 | -0.57 | 1.39 |
Trans-Lux Quarterly Data | ||||||||||||||||||||
Dec19 | Mar20 | Jun20 | Sep20 | Dec20 | Mar21 | Jun21 | Sep21 | Dec21 | Mar22 | Jun22 | Sep22 | Dec22 | Mar23 | Jun23 | Sep23 | Dec23 | Mar24 | Jun24 | Sep24 | |
Change In Receivables | Get a 7-Day Free Trial |
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-0.77 | 0.97 | 0.14 | -0.58 | 0.52 |
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 $1.05 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.
Trans-Lux (OTCPK:TNLX) 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.
Trans-Lux's Days Sales Outstanding for the quarter that ended in Sep. 2024 is calculated as:
Days Sales Outstanding | |||||
= | Accounts Receivable | / | Revenue | * | Days in Period |
= | 1.455 | / | 2.665 | * | 91 |
= | 49.82 |
2. In Ben Graham's calculation of liquidation value, Trans-Lux's accounts receivable are only considered to be worth 75% of book value:
Trans-Lux'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) |
= | 0.076 | - | 25.279 | + | 0.75 * 1.455 | + | 0.5 * 2.122 |
= | -23.05 |
* 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.
Thank you for viewing the detailed overview of Trans-Lux's Change In Receivables provided by GuruFocus.com. Please click on the following links to see related term pages.
Durkin Thomas E Iii | officer: EVP & General Counsel | |
Yantao Yu | director | C/O TRANS-LUX CORPORATION, 135 EAST 57TH STREET, 14TH FLOOR, NEW YORK NY 10022 |
Nicholas J Fazio | director, 10 percent owner | C/O TRANS-LUX CORPORATION, 135 EAST 57TH STREET, 14TH FLOOR, NEW YORK NY 10022 |
Unilumin North America, Inc. | 10 percent owner | C/O UNILUMIN LED TECHNOLOGY FL LLC, 254 WEST 31ST STREET, NEW YORK NY 10001 |
Trans Lux Corp | officer: Vice President | 135 EAST 57TH STREET, 14TH FLOOR, NEW YORK NY 10022 |
Todd Dupee | officer: Vice President | 216 EAST 36TH ST, APT 2R, NEW YORK NY 10016 |
George W Schiele | director | 19 HILL ROAD, GREENWICH CT 06830 |
David Pavlik | officer: President of TL Energy | 3301 N HAMILTON AVE, CHICAGO IL 60618 |
Marco M Elser | director | VIA SISTINA 121, ROME L6 00187 |
Ryan J. Morris | director | 531 E. STATE ST., ITHACA NY 14850 |
Yaozhong Shi | director | 950 THIRD AVENUE, SUITE 2804, NEW YORK NY 10022 |
David Joseph Osher | officer: Chief Operating Officer | 950 THIRD AVE SUITE 2804, NEW YORK NY 10022 |
Robert J Conologue | officer: Chief Financial Officer | 216 LEROY AVENUE, DARIEN CT 06820 |
Alberto Shaio | director | |
Alan K Greene | director |
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