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Lombard Medical Technologies (LSE:LMT) Change In Receivables : £0.33 Mil (TTM As of Dec. 2012)


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What is Lombard Medical Technologies Change In Receivables?

Lombard Medical Technologies's change in receivables for the quarter that ended in Dec. 2012 was £0.33 Mil. It means Lombard Medical Technologies's Accounts Receivable declined by £0.33 Mil from Dec. 2011 to Dec. 2012 .

Lombard Medical Technologies's change in receivables for the fiscal year that ended in Dec. 2012 was £0.33 Mil. It means Lombard Medical Technologies's Accounts Receivable declined by £0.33 Mil from Dec. 2011 to Dec. 2012 .

Lombard Medical Technologies's Accounts Receivable for the quarter that ended in Dec. 2012 was £0.90 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. Lombard Medical Technologies's Days Sales Outstanding for the six months ended in Dec. 2012 was 42.04.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Lombard Medical Technologies's liquidation value for the six months ended in Dec. 2012 was £-0.69 Mil.


Lombard Medical Technologies Change In Receivables Historical Data

The historical data trend for Lombard Medical 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.

* Premium members only.

Lombard Medical Technologies Change In Receivables Chart

Lombard Medical Technologies Annual Data
Trend Sep02 Dec04 Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12
Change In Receivables
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.08 0.10 -0.35 -0.40 0.33

Lombard Medical Technologies Semi-Annual Data
Sep02 Dec04 Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12
Change In Receivables Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.08 0.10 -0.35 -0.40 0.33

Lombard Medical 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.

For stock reported annually, GuruFocus uses latest annual data as the TTM data. Change In Receivables for the trailing twelve months (TTM) ended in Dec. 2012 was £0.33 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.


Lombard Medical Technologies  (LSE:LMT) 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.

Lombard Medical Technologies's Days Sales Outstanding for the quarter that ended in Dec. 2012 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0.896/3.89*91
=42.04

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

Lombard Medical Technologies's liquidation value for the quarter that ended in Dec. 2012 is calculated as:

Liquidation Value
=Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=2.748-5.086+0.75 * 0.896+0.5 * 1.96
=-0.69

* 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.


Lombard Medical Technologies Change In Receivables Related Terms

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Lombard Medical Technologies (LSE:LMT) Business Description

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Lombard Medical Technologies PLC is engaged in the design and development of endovascular stent grafts, their manufacture, and commercialization either directly through the group's own sales force or through a network of local distributors supported by clinical specialists from Lombard Medical. The principal product, the AorfixT AAA stent graft has European CE mark approval for use in patients with high-angle-neck aneurysms of up to 90 degrees. The group has operations in United Kingdom and United States of America.