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Lotus Technology (Lotus Technology) Accounts Receivable : $99.1 Mil (As of Dec. 2023)


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What is Lotus Technology Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Lotus Technology's accounts receivables for the quarter that ended in Dec. 2023 was $99.1 Mil.

Accounts receivable can be measured by Days Sales Outstanding.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Lotus Technology's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was $-3.21.


Lotus Technology Accounts Receivable Historical Data

The historical data trend for Lotus Technology'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.

Lotus Technology Accounts Receivable Chart

Lotus Technology Annual Data
Trend Dec21 Dec22 Dec23
Accounts Receivable
5.88 8.66 99.09

Lotus Technology Semi-Annual Data
Dec21 Jun22 Dec22 Jun23 Dec23
Accounts Receivable 5.88 - 8.66 13.58 99.09

Lotus Technology Accounts Receivable Calculation

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


Lotus Technology 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.

Lotus Technology's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=99.094/0*91
=

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

Lotus Technology's Net-Net Working Capital Per Share for the quarter that ended in Dec. 2023 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)
=(418.941+0.75 * 99.094+0.5 * 265.19-2795.38
-0--5.404)/673.482
=-3.21

* 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.


Lotus Technology Accounts Receivable Related Terms

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Lotus Technology (Lotus Technology) Business Description

Comparable Companies
Traded in Other Exchanges
Address
No. 800 Century Avenue, Pudong District, Shanghai, CHN, 200120
Lotus Technology Inc is a battery electric vehicle (BEV) maker that designs, develops, and sells BEV lifestyle vehicles under the Lotus brand. The Group is also a distributor that sells luxury sports cars under the Lotus brand.

Lotus Technology (Lotus Technology) Headlines

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