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Luxfer Holdings (Luxfer Holdings) Accounts Receivable : $52.5 Mil (As of Mar. 2024)


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What is Luxfer Holdings Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Luxfer Holdings's accounts receivables for the quarter that ended in Mar. 2024 was $52.5 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Luxfer Holdings's Days Sales Outstanding for the quarter that ended in Mar. 2024 was 53.59.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Luxfer Holdings's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was $-3.17.


Luxfer Holdings Accounts Receivable Historical Data

The historical data trend for Luxfer Holdings's Accounts Receivable 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.

Luxfer Holdings Accounts Receivable Chart

Luxfer Holdings Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 40.80 33.60 45.80 56.40 52.30

Luxfer Holdings Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Accounts Receivable 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 62.00 62.60 57.60 52.30 52.50

Luxfer Holdings Accounts Receivable Calculation

Accounts Receivable is money owed to a business by customers and shown on its Balance Sheet as an asset.


Luxfer Holdings Accounts Receivable 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 receivables are being managed.

Luxfer Holdings's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=52.5/89.4*91
=53.59

2. In Ben Graham's calculation of Net-Net Working Capital (NNWC), Luxfer Holdings's accounts receivable are only considered to be worth 75% of book value:

Luxfer Holdings's Net-Net Working Capital Per Share for the quarter that ended in Mar. 2024 is calculated as:

Net-Net Working Capital Per Share
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(6.8+0.75 * 52.5+0.5 * 88.9-175.7
-0-0)/26.8421
=-3.17

* 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.


Be Aware

Net receivables tells us a great deal about the different competitors in the same industry. In competitive industries, some attempt to gain advantage by offering better credit terms, causing increase in sales and receivables.

If company consistently shows lower % Net receivables to gross sales than competitors, then it usually has some kind of competitive advantage which requires further digging.

Average Days Sales Outstanding is a good indicator for measuring a company's sales channel and customers. A company may book great revenue and earnings growth but never receive payment from their customers. This may force a write-off in the future and depress future earnings.


Luxfer Holdings Accounts Receivable Related Terms

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Luxfer Holdings (Luxfer Holdings) Business Description

Traded in Other Exchanges
Address
8989 North Port Washington Road, Suite 211, Milwaukee, WI, USA, 53217
Luxfer Holdings PLC is a global manufacturer of highly-engineered industrial materials which focuses on value creation by using its broad array of technical know-how and proprietary technologies. Its high-performance materials, components and high-pressure gas containment devices are used in defense and emergency response, healthcare, transportation and general industrial applications. It focuses primarily on product lines related to magnesium alloys, zirconium chemicals and carbon composites. Its product areas, include magnesium aerospace alloys, photo-engraving plates, zirconium chemicals for automotive catalytic converters and high-pressure composite cylinders for breathing applications and a wide variety of other uses. Its segments are Elektron and Gas Cylinders.
Executives
Stephen Webster officer: Group Financial Controller LUXFER HOLDINGS PLC, LUMNS LANE, MANCHESTER X0 M27 8LN
Andrew Butcher officer: See Remarks LUXFER HOLDINGS PLC, LUMNS LANE, MANCHESTER X0 M27 8LN
Patrick K Mullen director LUXFER HOLDINGS PLC, LUMNS LANE, MANCHESTER X0 M27 8LN
Howard Ioan Mead officer: See Remarks LUXFER HOLDINGS PLC, LUMNS LANE, MANCHESTER X0 M27 8LN
Mark James Lawday officer: See Remarks LUXFER HOLDINGS PLC, LUMNS LANE, MANCHESTER X0 M27 8LN
Richard J Hipple director 10035 HUNTING DRIVE, BRECKSVILLE OH 44141
Sylvia Ann Stein director 1500 DEKOVEN AVE., RACINE WI 53403
Jeffrey C. Moorefield officer: See Remarks C/O LUXFER HOLDINGS PLC, LUMNS LANE, MANCHESTER X0 M27 8LN
Lisa G Trimberger director C/O CORPORATE OFFICE PROPERTIES TRUST, 6711 COLUMBIA GATEWAY DRIVE, SUITE 300, COLUMBIA MD 21046
Mark Chivers officer: See Remarks LUXFER HOLDINGS PLC, LUMNS LANE, MANCHESTER X0 M27 8LN
David Landless director 8310 S. VALLEY HWY, SUITE 350, DENVER CO 80112
Graham Wardlow officer: See Remarks LUXFER HOLDINGS PLC, LUMNS LANE, MANCHESTER X0 M27 8LN
James Gardella officer: President, Luxfer Magtech LUXFER HOLDINGS PLC, LUMNS LANE, MANCHESTER X0 M27 8LN
Megan Elizabeth Glise officer: Associate General Counsel LUMNS LANE, MANCHESTER X0 M27 8LN
Alok Maskara director, officer: Chief Executive Officer 2140 LAKE PARK BLVD, RICHARDSON TX 75080

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