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LOLC Finance (COL:LOFC.N0000) Change In Receivables : රු6,919 Mil (TTM As of Dec. 2023)


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What is LOLC Finance Change In Receivables?

LOLC Finance's change in receivables for the quarter that ended in Dec. 2023 was රු-22 Mil. It means LOLC Finance's Accounts Receivable increased by රු22 Mil from Sep. 2023 to Dec. 2023 .

LOLC Finance's change in receivables for the fiscal year that ended in Mar. 2023 was රු1,342 Mil. It means LOLC Finance's Accounts Receivable declined by රු1,342 Mil from Mar. 2022 to Mar. 2023 .

LOLC Finance's Accounts Receivable for the quarter that ended in Dec. 2023 was රු0 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. LOLC Finance's Days Sales Outstanding for the three months ended in Dec. 2023 was 0.00.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. LOLC Finance's liquidation value for the three months ended in Dec. 2023 was රු-239,141 Mil.


LOLC Finance Change In Receivables Historical Data

The historical data trend for LOLC Finance'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.

* Premium members only.

LOLC Finance Change In Receivables Chart

LOLC Finance Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Change In Receivables
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6,015.08 280.59 2,060.92 2,398.40 1,341.88

LOLC Finance 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 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 841.34 4,735.74 -829.17 3,033.96 -21.99

LOLC Finance 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 රු6,919 Mil.

* 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.


LOLC Finance  (COL:LOFC.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.

LOLC Finance's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0/18334.823*91
=0.00

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

LOLC Finance'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)
=16844.828-255985.94+0.75 * 0+0.5 * 0
=-239,141

* 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.


LOLC Finance Change In Receivables Related Terms

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LOLC Finance (COL:LOFC.N0000) Business Description

Traded in Other Exchanges
N/A
Address
No. 100/1 Sri Jayewardenepura Mawatha, Rajagiriya, Colombo, LKA
LOLC Finance PLC is a finance company. The company provides leasing, hire purchase, margin trading, loans, property development, mobilization of public deposits, and Islamic financing services. It has three reportable segments namely SME Finance; Development Finance and Alternative Financial Services. It generates maximum revenue from the SME Finance segment.

LOLC Finance (COL:LOFC.N0000) Headlines

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