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Intelligent Living Application Group (Intelligent Living Application Group) Change In Receivables : $1.14 Mil (TTM As of Dec. 2023)


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What is Intelligent Living Application Group Change In Receivables?

Intelligent Living Application Group's change in receivables for the quarter that ended in Dec. 2023 was $-0.02 Mil. It means Intelligent Living Application Group's Accounts Receivable increased by $0.02 Mil from Jun. 2023 to Dec. 2023 .

Intelligent Living Application Group's change in receivables for the fiscal year that ended in Dec. 2023 was $1.14 Mil. It means Intelligent Living Application Group's Accounts Receivable declined by $1.14 Mil from Dec. 2022 to Dec. 2023 .

Intelligent Living Application Group's Accounts Receivable for the quarter that ended in Dec. 2023 was $0.45 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. Intelligent Living Application Group's Days Sales Outstanding for the six months ended in Dec. 2023 was 18.06.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Intelligent Living Application Group's liquidation value for the six months ended in Dec. 2023 was $5.45 Mil.

Intelligent Living Application Group Change In Receivables Historical Data

The historical data trend for Intelligent Living Application 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.

* Premium members only.

Intelligent Living Application Group Change In Receivables Chart

Intelligent Living Application Group Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Change In Receivables
Get a 7-Day Free Trial 0.18 -0.16 -0.33 -0.43 1.14

Intelligent Living Application Group Semi-Annual Data
Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Change In Receivables Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only -0.76 -1.33 0.90 1.16 -0.02

Intelligent Living Application 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 Dec. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was $1.14 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.

Intelligent Living Application Group  (NAS:ILAG) 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.

Intelligent Living Application Group's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0.446/4.508*91
=18.06

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

Intelligent Living Application Group'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)
=4.484-1.881+0.75 * 0.446+0.5 * 5.028
=5.45

* 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.

Intelligent Living Application Group Change In Receivables Related Terms

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Intelligent Living Application Group (Intelligent Living Application Group) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Intelligent Living Application Group Inc (NAS:ILAG) » Definitions » Change In Receivables
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Traded in Other Exchanges
N/A
Address
1-15 Kwai Fung Crescent, Unit 2, 5th Floor, Block A, Profit Industrial Building, Kwai Chung New Territories, Hong Kong, HKG
Website
http://www.i-l-a-g.com
Intelligent Living Application Group Inc is engaged in the business of manufacturing and selling mechanical locksets. The business is spread across the Unites States, Canada, Australia, and China. Majority of the revenue is generated from the United States.