Leatt (LEAT) Change In Receivables : $4.99 Mil (TTM As of Dec. 2023)

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What is Leatt Change In Receivables?

Leatt's change in receivables for the quarter that ended in Dec. 2023 was $2.99 Mil. It means Leatt's Accounts Receivable declined by $2.99 Mil from Sep. 2023 to Dec. 2023 .

Leatt's change in receivables for the fiscal year that ended in Dec. 2023 was $4.99 Mil. It means Leatt's Accounts Receivable declined by $4.99 Mil from Dec. 2022 to Dec. 2023 .

Leatt's Accounts Receivable for the quarter that ended in Dec. 2023 was $6.97 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. Leatt's Days Sales Outstanding for the three months ended in Dec. 2023 was 64.88.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Leatt's liquidation value for the three months ended in Dec. 2023 was $19.44 Mil.

Leatt Change In Receivables Historical Data

The historical data trend for Leatt'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.

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Leatt Change In Receivables Chart

Leatt Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

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-0.93

-4.22

-5.67

-0.63

4.99

Leatt Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Change In Receivables	Get a 7-Day Free Trial															9.30	3.27	-0.58	-0.69	2.99

Leatt 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.

Change In Receivables for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $4.99 Mil.

Leatt (OTCPK:LEAT) 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.

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

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	6.97	/	9.803	*	91
=	64.88

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

Leatt's liquidation value for the quarter that ended in Dec. 2023 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	11.347	-	7.327	+	0.75 * 6.97	+	0.5 * 20.392
=	19.44

Leatt Change In Receivables Related Terms

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Leatt (LEAT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Leatt Corp (OTCPK:LEAT) » Definitions » Change In Receivables

Comparable Companies

Traded in Other Exchanges

N/A

Address

Atlas Gardens, Contermanskloof Road, 12 Kiepersol Drive, Durbanville, WC, ZAF, 7550

Website

https://www.leatt.com

Leatt Corp designs, develops, markets, and distributes personal protective equipment for participants in all forms of motorsports and leisure activities, including riders of motorcycles, bicycles, snowmobiles, and ATVs, as well as racing car drivers. It operates through the Leatt-Brace brand which offers a patented injection molded neck protection system designed to prevent potentially devastating injuries to the cervical spine and neck. Leatt also acts as the original equipment manufacturer for neck braces sold by other international brands. Geographically all the operations function through the region of the US.

Executives

Christopher James Leatt	director, 10 percent owner	C/O LEATT CORP., 50 KIEPERSOL CRESCENT, ATLAS GARDENS, CONTERMANSKLOOF, DURBANVILLE, CAPE TOWN T3 7550
Sean Macdonald	director, officer: CEO, CFO	C/O LEATT CORP., 50 KIEPERSOL CRESCENT, ATLAS GARDENS, CONTERMANSKLOOF, DURBANVILLE, CAPE TOWN T3 7550
Jeffrey J Guzy	director	3130 19TH STREET, NORTH, ARLINGTON VA 22201
Villiers Jean-pierre De	10 percent owner	GOEDEMOED FARM, KEISIE VALLEY, MONTAGU T3 6720
Zafiris M. Zafiropoulos	director	C/P LEATT CORP., 50 KIEPERSOL CRESCENT, ATLAS GARDEN, CONTERMANSKLOOF, DURBANVILLE, CAPE TOWN T3 7550