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Loar Holdings (Loar Holdings) Change In Receivables : $3.10 Mil (TTM As of Mar. 2024)


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What is Loar Holdings Change In Receivables?

Loar Holdings's change in receivables for the quarter that ended in Mar. 2024 was $3.10 Mil. It means Loar Holdings's Accounts Receivable declined by $3.10 Mil from Dec. 2023 to Mar. 2024 .

Loar Holdings's change in receivables for the fiscal year that ended in Dec. 2023 was $-13.73 Mil. It means Loar Holdings's Accounts Receivable increased by $13.73 Mil from Dec. 2022 to Dec. 2023 .

Loar Holdings's Accounts Receivable for the quarter that ended in Mar. 2024 was $55.84 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. Loar Holdings's Days Sales Outstanding for the three months ended in Mar. 2024 was 55.48.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Loar Holdings's liquidation value for the three months ended in Mar. 2024 was $-522.00 Mil.

Loar Holdings Change In Receivables Historical Data

The historical data trend for Loar 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.

* Premium members only.

Loar Holdings Change In Receivables Chart

Loar Holdings Annual Data
Trend Dec22 Dec23
Change In Receivables
-8.53 -13.73

Loar Holdings Quarterly Data
Dec22 Mar23 Dec23 Mar24
Change In Receivables - -5.92 - 3.10

Loar 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 $3.10 Mil.

* 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.

Loar Holdings  (NYSE:LOAR) 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.

Loar 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
=55.844/91.844*91
=55.48

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

Loar 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)
=28.152-633.315+0.75 * 55.844+0.5 * 82.57
=-522.00

* 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.

Loar Holdings Change In Receivables Related Terms

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Loar Holdings (Loar Holdings) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » Loar Holdings Inc (NYSE:LOAR) » Definitions » Change In Receivables
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Traded in Other Exchanges
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Address
20 New King Street, White Plains, New York, NY, USA, 10604
Website
https://www.loargroup.com
Loar Holdings Inc in the design, manufacture, and sale of niche aerospace and defense components that are essential for today's aircraft and aerospace and defense systems. Its manufactured products includes auto throttles, lap-belt airbags, two- and three-point seat belts, water purification systems, fire barriers, polyimide washers and bushings, latches, hold-open and tie rods, temperature and fluid sensors and switches, carbon and metallic brake discs, fluid and pneumatic-based ice protection, RAM air components, sealing solutions and motion and actuation devices, among others. It operate across ten manufacturing facilities located in the United States, one manufacturing facility in Germany and one manufacturing facility in the United Kingdom (UK).

Loar Holdings (Loar Holdings) Headlines

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