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Lobo EV Technologies (Lobo EV Technologies) Change In Receivables : $0.00 Mil (TTM As of Dec. 2023)


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What is Lobo EV Technologies Change In Receivables?

Lobo EV Technologies's change in receivables for the quarter that ended in Dec. 2023 was $0.00 Mil. It means Lobo EV Technologies's Accounts Receivable stayed the same from Jun. 2023 to Dec. 2023 .

Lobo EV Technologies's change in receivables for the fiscal year that ended in Dec. 2023 was $0.44 Mil. It means Lobo EV Technologies's Accounts Receivable declined by $0.44 Mil from Dec. 2022 to Dec. 2023 .

Lobo EV Technologies's Accounts Receivable for the quarter that ended in Dec. 2023 was $2.53 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.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Lobo EV Technologies's liquidation value for the three months ended in Dec. 2023 was $-8.50 Mil.

Lobo EV Technologies Change In Receivables Historical Data

The historical data trend for Lobo EV Technologies'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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Lobo EV Technologies Change In Receivables Chart

Lobo EV Technologies Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Change In Receivables
-0.05 -1.13 -1.75 0.44

Lobo EV Technologies Quarterly Data
Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Change In Receivables Get a 7-Day Free Trial - - - - -

Lobo EV Technologies 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 $0.00 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.

Lobo EV Technologies  (NAS:LOBO) 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.

Lobo EV Technologies's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=2.533/0*91
=

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

Lobo EV Technologies'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)
=0.527-13.793+0.75 * 2.533+0.5 * 5.738
=-8.50

* 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.

Lobo EV Technologies Change In Receivables Related Terms

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Lobo EV Technologies (Lobo EV Technologies) Business Description

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https://www.loboebike.com
Lobo EV Technologies Ltd is an electric vehicles manufacturer and seller company. It design, develop, manufacture and sell e-bicycles, e-mopeds, e-tricycles, and electric off-highway four-wheeled shuttles such as golf carts and mobility scooters for the elderly and disabled persons, also provide automobile information and entertainment software development and design services to customers. The company operates in two operating segments: Electric vehicles and accessories sales, and software royalties and development and design services.

Lobo EV Technologies (Lobo EV Technologies) Headlines

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