LG Energy Solution (XKRX:373220) Change In Receivables : ₩-305,106 Mil (TTM As of Dec. 2023)

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What is LG Energy Solution Change In Receivables?

LG Energy Solution's change in receivables for the quarter that ended in Dec. 2023 was ₩656,983 Mil. It means LG Energy Solution's Accounts Receivable declined by ₩656,983 Mil from Sep. 2023 to Dec. 2023 .

LG Energy Solution's change in receivables for the fiscal year that ended in Dec. 2023 was ₩-305,106 Mil. It means LG Energy Solution's Accounts Receivable increased by ₩305,106 Mil from Dec. 2022 to Dec. 2023 .

LG Energy Solution's Accounts Receivable for the quarter that ended in Dec. 2023 was ₩5,128,474 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. LG Energy Solution's Days Sales Outstanding for the three months ended in Dec. 2023 was 58.49.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. LG Energy Solution's liquidation value for the three months ended in Dec. 2023 was ₩-9,445,329 Mil.

LG Energy Solution Change In Receivables Historical Data

The historical data trend for LG Energy Solution'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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LG Energy Solution Change In Receivables Chart

LG Energy Solution Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Change In Receivables

-12,671.00

-573,833.00

-1,737,638.00

-305,106.00

LG Energy Solution Quarterly Data
	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Change In Receivables	Get a 7-Day Free Trial							77,399.00	-526,758.00	-21,310.00	-414,021.00	656,983.00

LG Energy Solution 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. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was ₩-305,106 Mil.

LG Energy Solution (XKRX:373220) 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.

LG Energy Solution's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	5128474	/	8001324	*	91
=	58.49

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

LG Energy Solution's liquidation value for the quarter that ended in Dec. 2023 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	5073783	-	21063635	+	0.75 * 5128474	+	0.5 * 5396336
=	-9,445,329

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LG Energy Solution (XKRX:373220) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » LG Energy Solution Ltd (XKRX:373220) » Definitions » Change In Receivables

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Traded in Other Exchanges

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Address

Yeongdeungpo-gu, Yeoui-daero, Seoul, KOR

Website

https://www.lgensol.com

LG Energy Solution, or LGES, is the third-largest battery maker for electric vehicles, or EVs, with about 14% global share in the first half of 2023, according to SNE Research. The EV battery segment is the largest revenue contributor, which accounted for close to 60% of total revenue in 2022. Besides EV batteries, LGES also manufactures batteries for mobility, mobile phones, laptops, electrical devices, and energy storage systems. The company was spun off from LG Chem's battery division in December 2020 and listed on the Korea Exchange in January 2022. It has global manufacturing facilities in Korea, China, Poland and the United States. Key customers include General Motors, Tesla, Volkswagen, Hyundai Motors and Stellantis.

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