Largo (TSX:LGO) Change In Receivables : C$19.2 Mil (TTM As of Dec. 2024)

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What is Largo Change In Receivables?

Largo's change in receivables for the quarter that ended in Dec. 2024 was C$3.7 Mil. It means Largo's Accounts Receivable declined by C$3.7 Mil from Sep. 2024 to Dec. 2024 .

Largo's change in receivables for the fiscal year that ended in Dec. 2024 was C$20.1 Mil. It means Largo's Accounts Receivable declined by C$20.1 Mil from Dec. 2023 to Dec. 2024 .

Largo's Accounts Receivable for the quarter that ended in Dec. 2024 was C$7.8 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. Largo's Days Sales Outstanding for the three months ended in Dec. 2024 was 20.57.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Largo's liquidation value for the three months ended in Dec. 2024 was C$-138.9 Mil.

Largo Change In Receivables Historical Data

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

Largo Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Change In Receivables

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-18.42

-6.97

4.85

-5.18

20.08

Largo Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Change In Receivables	Get a 7-Day Free Trial															3.94	13.85	-2.63	4.28	3.74

Largo 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. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was C$19.2 Mil.

Largo (TSX:LGO) 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.

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

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	7.795	/	34.575	*	91
=	20.57

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

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

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	31.494	-	210.058	+	0.75 * 7.795	+	0.5 * 67.727
=	-138.9

Largo Change In Receivables Related Terms

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Largo Business Description

Industry

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Traded in Other Exchanges

LGO:USA LR8:Germany

Address

100 King Street West, Suite 1600, First Canadian Place, Toronto, ON, CAN, M5X 1G5

Website

https://www.largoinc.com

Largo Inc is committed to the production and supply of high-quality vanadium products. The company is also focused on the advancement of renewable energy storage solutions through Largo Clean Energy and its vanadium redox flow battery technology. The Company is engaged in the mining, exploration, and development of mineral properties, predominantly in Brazil, through which it produces and supplies vanadium products VPURE Flake, VPURE+ Flake, and VPURE+ Powder. The company has operating segments: sales & trading, mine properties, which generates key revenue, corporate, exploration and evaluation properties, Clean Energy, and Largo Physical Vanadium.

Executives

Nilson Luciano Helio Chaves	Director or Senior Officer of Insider or Subsidiary (other than in 4,5,6)
Koko Yamamoto	Director
Ernest Michael Cleave	Senior Officer
Paul Dalglish	Senior Officer