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Laser Photonics (Laser Photonics) Accounts Receivable : $0.44 Mil (As of Mar. 2024)


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What is Laser Photonics Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Laser Photonics's accounts receivables for the quarter that ended in Mar. 2024 was $0.44 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Laser Photonics's Days Sales Outstanding for the quarter that ended in Mar. 2024 was 54.41.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Laser Photonics's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was $0.53.


Laser Photonics Accounts Receivable Historical Data

The historical data trend for Laser Photonics'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.

Laser Photonics Accounts Receivable Chart

Laser Photonics Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Accounts Receivable
- 0.76 0.08 0.42 0.82

Laser Photonics 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 1.75 1.41 1.66 0.82 0.44

Laser Photonics Accounts Receivable Calculation

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


Laser Photonics 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.

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

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0.443/0.743*91
=54.41

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

Laser Photonics'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)
=(5.173+0.75 * 0.443+0.5 * 2.167-1.635
-0-0)/9.27042
=0.53

* 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.


Laser Photonics Accounts Receivable Related Terms

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Laser Photonics (Laser Photonics) Business Description

Traded in Other Exchanges
N/A
Address
1101 N. Keller Road, Suite G, Orlando, FL, USA, 32810
Laser Photonics Corp is an integrated manufacturing company for photonics-based industrial products and solutions, primarily laser cleaning technologies. Its laser-blasting technologies are focused on disrupting the sandblasting and abrasives blasting markets. The company offers a portfolio of integrated laser-blasting solutions for corrosion control, rust removal, de-coating, pre-welding and post-welding, laser cleaning, and surface conditioning. Its laser-blasting solutions are applicable in every industry dealing with materials processing, including automotive, aerospace, healthcare, consumer products, shipbuilding, aerospace, heavy industry, machine manufacturing, nuclear maintenance and de-commissioning, and surface coating.
Executives
Dmitriy Nikitin 10 percent owner 400 RINEHART ROAD #1000, LAKE MARY FL 32746
Tatiana Nikitina director, officer: Secretary, Marketing Director 3217 YATTIKA PLACE, LONGWOOD FL 32779
Arnold Bykov director, officer: Chief Design Engineer 400 RINEHART ROAD #1000, LAKE MARY FL 32746
Wayne Tupuola director, officer: Chief Executive Officer C/O MABWE MINERALS INC, 400 RINEHART ROAD, #1000, LAKE MARY FL 32746
Ict Investments Llc 10 percent owner 3217 YUTTKA PLACE, LONGWOOD FL 32779
Tim Schick officer: VP Finance 1101 N. KELLER ROAD, SUITE G, ORLANDO FL 32810
Ryan Tennyson director 1101 N. KELLER ROAD, SUITE G, ORLANDO FL 32810
Glenn Peterson director 1101 N. KELLER ROAD, SUITE G, ORLANDO FL 32810
Igor Vodopiyanov officer: VP R&D and Product Development 1101 N. KELLER ROAD, SUITE G, ORLANDO FL 32810
Shara Pathak director 1101 N. KELLER ROAD, SUITE G, ORLANDO FL 32810