Li-Cycle Holdings (Li-Cycle Holdings) Change In Receivables : $4.20 Mil (TTM As of Mar. 2024)

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What is Li-Cycle Holdings Change In Receivables?

Li-Cycle Holdings's change in receivables for the quarter that ended in Mar. 2024 was $-1.60 Mil. It means Li-Cycle Holdings's Accounts Receivable increased by $1.60 Mil from Dec. 2023 to Mar. 2024 .

Li-Cycle Holdings's change in receivables for the fiscal year that ended in Dec. 2023 was $10.50 Mil. It means Li-Cycle Holdings's Accounts Receivable declined by $10.50 Mil from Oct. 2022 to Dec. 2023 .

Li-Cycle Holdings's Accounts Receivable for the quarter that ended in Mar. 2024 was $2.90 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. Li-Cycle Holdings's Days Sales Outstanding for the three months ended in Mar. 2024 was 63.01.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Li-Cycle Holdings's liquidation value for the three months ended in Mar. 2024 was $-573.78 Mil.

Li-Cycle Holdings Change In Receivables Historical Data

The historical data trend for Li-Cycle Holdings'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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Li-Cycle Holdings Change In Receivables Chart

Li-Cycle Holdings Annual Data

Trend

Oct19

Oct20

Oct21

Oct22

Dec23

Change In Receivables

-0.50

-0.07

-4.20

10.50

Li-Cycle Holdings Quarterly Data
	Oct19	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Mar23	Jun23	Sep23	Dec23	Mar24
Change In Receivables	Get a 7-Day Free Trial												4.00	3.00	-0.80	3.60	-1.60

Li-Cycle Holdings 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 Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $4.20 Mil.

Li-Cycle Holdings (NYSE:LICY) 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.

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 liquidation value, Li-Cycle Holdings's accounts receivable are only considered to be worth 75% of book value:

Li-Cycle Holdings's liquidation value for the quarter that ended in Mar. 2024 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	109.1	-	689.3	+	0.75 * 2.9	+	0.5 * 8.5
=	-573.78

Li-Cycle Holdings Change In Receivables Related Terms

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

Industry

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

Comparable Companies

Traded in Other Exchanges

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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.