Lanka Milk Foods (CWE) (COL:LMF.N0000) Change In Receivables : රු-711 Mil (TTM As of Dec. 2023)

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What is Lanka Milk Foods (CWE) Change In Receivables?

Lanka Milk Foods (CWE)'s change in receivables for the quarter that ended in Dec. 2023 was රු-475 Mil. It means Lanka Milk Foods (CWE)'s Accounts Receivable increased by රු475 Mil from Sep. 2023 to Dec. 2023 .

Lanka Milk Foods (CWE)'s change in receivables for the fiscal year that ended in Mar. 2023 was රු-206 Mil. It means Lanka Milk Foods (CWE)'s Accounts Receivable increased by රු206 Mil from Mar. 2022 to Mar. 2023 .

Lanka Milk Foods (CWE)'s Accounts Receivable for the quarter that ended in Dec. 2023 was රු1,839 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. Lanka Milk Foods (CWE)'s Days Sales Outstanding for the three months ended in Dec. 2023 was 39.32.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Lanka Milk Foods (CWE)'s liquidation value for the three months ended in Dec. 2023 was රු-4,423 Mil.

Lanka Milk Foods (CWE) Change In Receivables Historical Data

The historical data trend for Lanka Milk Foods (CWE)'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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Lanka Milk Foods (CWE) Change In Receivables Chart

Lanka Milk Foods (CWE) Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Change In Receivables

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-34.44

-267.09

168.18

-129.46

-206.20

Lanka Milk Foods (CWE) Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Change In Receivables	Get a 7-Day Free Trial															-166.64	361.64	-311.40	-286.04	-475.23

Lanka Milk Foods (CWE) 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 රු-711 Mil.

Lanka Milk Foods (CWE) (COL:LMF.N0000) 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.

Lanka Milk Foods (CWE)'s Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	1839.196	/	4267.928	*	91
=	39.32

2. In Ben Graham's calculation of liquidation value, Lanka Milk Foods (CWE)'s accounts receivable are only considered to be worth 75% of book value:

Lanka Milk Foods (CWE)'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)
=	291.212	-	8360.705	+	0.75 * 1839.196	+	0.5 * 4535.131
=	-4,423

Lanka Milk Foods (CWE) Change In Receivables Related Terms

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Lanka Milk Foods (CWE) (COL:LMF.N0000) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Lanka Milk Foods (CWE) PLC (COL:LMF.N0000) » Definitions » Change In Receivables

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 579/1, Welisara, Ragama, LKA

Website

https://www.lmfgroup.lk

Lanka Milk Foods (CWE) PLC is engaged in the business of importing, packing, manufacturing, marketing, and distributing milk allied products. The company's operating segment includes Powdered Milk; Liquid Milk and Others, Agriculture and Trading. It generates maximum revenue from the Liquid Milk and Others segment. The Liquid Milk and Others segment includes the operating chain of packing and selling of UHT products, Daily, Ambewela Farm Fresh Milk, and fruit juice.

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