Li-Cycle Holdings (Li-Cycle Holdings) Accounts Receivable : $2.90 Mil (As of Mar. 2024)

View and export this data going back to 2021. Start your Free Trial

What is Li-Cycle Holdings Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Li-Cycle Holdings's accounts receivables for the quarter that ended in Mar. 2024 was $2.90 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Li-Cycle Holdings's Days Sales Outstanding for the quarter that ended in Mar. 2024 was 63.01.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Li-Cycle Holdings's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was $-3.21.

Li-Cycle Holdings Accounts Receivable Historical Data

The historical data trend for Li-Cycle 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.

Li-Cycle Holdings Accounts Receivable Chart

Li-Cycle Holdings Annual Data

Trend

Oct19

Oct20

Oct21

Oct22

Dec23

Accounts Receivable

0.57

4.10

1.50

1.00

Li-Cycle Holdings Quarterly Data
	Oct19	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Mar23	Jun23	Sep23	Dec23	Mar24
Accounts Receivable	Get a 7-Day Free Trial												3.70	0.90	2.30	1.00	2.90

Li-Cycle Holdings Accounts Receivable Calculation

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

Li-Cycle 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.

Li-Cycle 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
=	2.9	/	4.2	*	91
=	63.01

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

Li-Cycle 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)
=	(109.1	+	0.75 * 2.9	+	0.5 * 8.5	-	689.3
-	0	-	0)	/	178.800
=	-3.21

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.

Li-Cycle Holdings Accounts Receivable Related Terms

Thank you for viewing the detailed overview of Li-Cycle Holdings's Accounts Receivable provided by GuruFocus.com. Please click on the following links to see related term pages.

Li-Cycle Holdings (Li-Cycle Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Waste Management » Li-Cycle Holdings Corp (NYSE:LICY) » Definitions » Accounts Receivable

Comparable Companies

Traded in Other Exchanges

N/A

Address

207 Queen’s Quay West, Suite 590, Toronto, ON, CAN, M5J 1A7

Website

https://www.li-cycle.com

Li-Cycle Holdings Corp is a lithium-ion battery resource recovery and the leading lithium-ion battery recycler. Its proprietary "Spoke and Hub" recycling process is designed at its Spokes, to process battery manufacturing scrap and end-of-life batteries to produce "black mass" and other intermediate products, and at its Hubs, to process black mass to recover raw materials, including but not limited to lithium carbonate, cobalt sulphate and nickel sulphate.