GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Lion Selection Group Ltd (ASX:LSX) » Definitions » Accounts Receivable

Lion Selection Group (ASX:LSX) Accounts Receivable : A$0.44 Mil (As of Jan. 2023)


View and export this data going back to 2013. Start your Free Trial

What is Lion Selection Group Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Lion Selection Group's accounts receivables for the quarter that ended in Jan. 2023 was A$0.44 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Lion Selection Group's Days Sales Outstanding for the quarter that ended in Jan. 2023 was 41.88.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Lion Selection Group's Net-Net Working Capital per share for the quarter that ended in Jan. 2023 was A$0.56.


Lion Selection Group Accounts Receivable Historical Data

The historical data trend for Lion Selection Group's Accounts Receivable 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.

* Premium members only.

Lion Selection Group Accounts Receivable Chart

Lion Selection Group Annual Data
Trend Jul13 Jul14 Jul15 Jul16 Jul17 Jul18 Jul19 Jul20 Jul21
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only - - 1.21 - 0.23

Lion Selection Group Semi-Annual Data
Jul13 Jan14 Jul14 Jan15 Jul15 Jan16 Jul16 Jan17 Jul17 Jan18 Jul18 Jan19 Jul19 Jan20 Jul20 Jan21 Jul21 Jan22 Jul22 Jan23
Accounts Receivable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.03 0.23 0.11 - 0.44

Lion Selection Group Accounts Receivable Calculation

Accounts Receivable is money owed to a business by customers and shown on its Balance Sheet as an asset.


Lion Selection Group Accounts Receivable 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 receivables are being managed.

Lion Selection Group's Days Sales Outstanding for the quarter that ended in Jan. 2023 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0.439/1.913*91
=41.88

2. In Ben Graham's calculation of Net-Net Working Capital (NNWC), Lion Selection Group's accounts receivable are only considered to be worth 75% of book value:

Lion Selection Group's Net-Net Working Capital Per Share for the quarter that ended in Jan. 2023 is calculated as:

Net-Net Working Capital Per Share
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(79.983+0.75 * 0.439+0.5 * 0-0.692
-0-0)/141.894
=0.56

* 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.


Be Aware

Net receivables tells us a great deal about the different competitors in the same industry. In competitive industries, some attempt to gain advantage by offering better credit terms, causing increase in sales and receivables.

If company consistently shows lower % Net receivables to gross sales than competitors, then it usually has some kind of competitive advantage which requires further digging.

Average Days Sales Outstanding is a good indicator for measuring a company's sales channel and customers. A company may book great revenue and earnings growth but never receive payment from their customers. This may force a write-off in the future and depress future earnings.


Lion Selection Group Accounts Receivable Related Terms

Thank you for viewing the detailed overview of Lion Selection Group's Accounts Receivable provided by GuruFocus.com. Please click on the following links to see related term pages.


Lion Selection Group (ASX:LSX) Business Description

Traded in Other Exchanges
N/A
Address
175 Flinders Street, Level 2, Melbourne, VIC, AUS, 3000
Lion Selection Group Ltd is a mining investment company. The company invests in junior resource companies providing venture capital to carefully selected mining and exploration companies with outstanding management and development projects. Lion invests only in mining and exploration companies and projects with gold and base metal activities in Australia, Africa, Asia, and the Americas. Its project includes Pani Gold Project.

Lion Selection Group (ASX:LSX) Headlines

No Headlines