Lumine Group (TSXV:LMN) Change In Receivables : C$-74.8 Mil (TTM As of Sep. 2024)

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What is Lumine Group Change In Receivables?

Lumine Group's change in receivables for the quarter that ended in Sep. 2024 was C$-18.4 Mil. It means Lumine Group's Accounts Receivable increased by C$18.4 Mil from Jun. 2024 to Sep. 2024 .

Lumine Group's change in receivables for the fiscal year that ended in Dec. 2023 was C$-12.3 Mil. It means Lumine Group's Accounts Receivable increased by C$12.3 Mil from Dec. 2022 to Dec. 2023 .

Lumine Group's Accounts Receivable for the quarter that ended in Sep. 2024 was C$193.4 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. Lumine Group's Days Sales Outstanding for the three months ended in Sep. 2024 was 73.45.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Lumine Group's liquidation value for the three months ended in Sep. 2024 was C$-448.3 Mil.

Lumine Group Change In Receivables Historical Data

The historical data trend for Lumine Group'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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Lumine Group Change In Receivables Chart

Lumine Group Annual Data

Trend

Dec21

Dec22

Dec23

Change In Receivables

8.61

-11.00

-12.29

Lumine Group Quarterly Data
	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Change In Receivables	Get a 7-Day Free Trial							7.87	-25.35	-0.10	-30.92	-18.41

Lumine Group 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 C$-74.8 Mil.

Lumine Group (TSXV:LMN) 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.

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

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	193.357	/	240.217	*	91
=	73.45

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

Lumine Group'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)
=	244.312	-	838.003	+	0.75 * 193.357	+	0.5 * 0.706
=	-448.3

Lumine Group Change In Receivables Related Terms

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Lumine Group Business Description

Industry

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Traded in Other Exchanges

LMGIF:USA Z76:Germany

Address

5060 Spectrum Way, Suite 100, Mississauga, ON, CAN, L4W 5N5

Website

https://www.luminegroup.com

Lumine Group Inc acquires, strengthens, and grows vertical market software businesses in the Communications and Media industry. The company's software solutions are designed to enable customers to boost productivity and operate more cost effectively, innovate more rapidly to address rapidly changing market needs and opportunities, grow top-line sales, improve customer service, and reduce customer churn.

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