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Lotus Technology (Lotus Technology) Change In Receivables : $0.0 Mil (TTM As of Dec. 2023)


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What is Lotus Technology Change In Receivables?

Lotus Technology's change in receivables for the quarter that ended in Dec. 2023 was $0.0 Mil. It means Lotus Technology's Accounts Receivable stayed the same from Jun. 2023 to Dec. 2023 .

Lotus Technology's change in receivables for the fiscal year that ended in Dec. 2023 was $-89.6 Mil. It means Lotus Technology's Accounts Receivable increased by $89.6 Mil from Dec. 2022 to Dec. 2023 .

Lotus Technology's Accounts Receivable for the quarter that ended in Dec. 2023 was $99.1 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.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Lotus Technology's liquidation value for the six months ended in Dec. 2023 was $-2,169.5 Mil.

Lotus Technology Change In Receivables Historical Data

The historical data trend for Lotus Technology'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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Lotus Technology Change In Receivables Chart

Lotus Technology Annual Data
Trend Dec21 Dec22 Dec23
Change In Receivables
-0.09 -3.09 -89.62

Lotus Technology Semi-Annual Data
Dec21 Jun22 Dec22 Jun23 Dec23
Change In Receivables - - - - -

Lotus Technology 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 semi-annually data reported by the company within the most recent 12 months, which was $0.0 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.

Lotus Technology  (NAS:LOT) 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.

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 liquidation value, Lotus Technology's accounts receivable are only considered to be worth 75% of book value:

Lotus Technology'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)
=418.941-2795.38+0.75 * 99.094+0.5 * 265.19
=-2,169.5

* 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.

Lotus Technology Change In Receivables Related Terms

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Lotus Technology (Lotus Technology) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Lotus Technology Inc (NAS:LOT) » Definitions » Change In Receivables
Comparable Companies
Traded in Other Exchanges
5EP:Germany
Address
No. 800 Century Avenue, Pudong District, Shanghai, CHN, 200120
Website
https://www.group-lotus.com
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.

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