Lightning eMotors (Lightning eMotors) Change In Receivables : $-5.58 Mil (TTM As of Sep. 2023)

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What is Lightning eMotors Change In Receivables?

Lightning eMotors's change in receivables for the quarter that ended in Sep. 2023 was $-1.13 Mil. It means Lightning eMotors's Accounts Receivable increased by $1.13 Mil from Jun. 2023 to Sep. 2023 .

Lightning eMotors's change in receivables for the fiscal year that ended in Dec. 2022 was $-4.60 Mil. It means Lightning eMotors's Accounts Receivable increased by $4.60 Mil from Dec. 2021 to Dec. 2022 .

Lightning eMotors's Accounts Receivable for the quarter that ended in Sep. 2023 was $9.75 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. Lightning eMotors's Days Sales Outstanding for the three months ended in Sep. 2023 was 71.92.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Lightning eMotors's liquidation value for the three months ended in Sep. 2023 was $-57.36 Mil.

Lightning eMotors Change In Receivables Historical Data

The historical data trend for Lightning eMotors'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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Lightning eMotors Change In Receivables Chart

Lightning eMotors Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Change In Receivables

-0.66

-3.02

-8.40

-4.60

Lightning eMotors Quarterly Data
	Dec19	Mar20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Change In Receivables	Get a 7-Day Free Trial										-6.64	0.20	-1.96	-2.68	-1.13

Lightning eMotors 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 Sep. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $-5.58 Mil.

Lightning eMotors (OTCPK:ZEVY) 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.

Lightning eMotors's Days Sales Outstanding for the quarter that ended in Sep. 2023 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	9.747	/	12.366	*	91
=	71.92

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

Lightning eMotors's liquidation value for the quarter that ended in Sep. 2023 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	6.022	-	80.3	+	0.75 * 9.747	+	0.5 * 19.214
=	-57.36

Lightning eMotors Change In Receivables Related Terms

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Lightning eMotors (Lightning eMotors) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Farm & Heavy Construction Machinery » Lightning eMotors Inc (OTCPK:ZEVY) » Definitions » Change In Receivables

Comparable Companies

Traded in Other Exchanges

N/A

Address

815 14th Street South West, Suite A100, Loveland, CO, USA, 80537

Website

https://www.lightningemotors.com

Lightning eMotors Inc is engaged in designing and manufacturing zero-emission commercial trucks and buses and charging infrastructure solutions for fleets, large enterprises, original equipment manufacturers, and governments. Its product offerings range from cargo vans, transit and shuttle buses, school buses, specialty work trucks, ambulances, and electric powertrains for school buses, transit buses, and motor coaches. Its product solutions help its customers reduce their greenhouse gas emissions, lower operating costs and improve energy efficiency.

Executives

Rosella Holdings Ltd	10 percent owner	TRAFALGAR COURT, 3RD FLOOR, WEST WING, LES BANQUES, ST PETER PORT Y7 GY1 2JA
David Agatston	officer: Chief Financial Officer	C/O LIGHTNING EMOTORS, INC., 815 14TH STREET SW, SUITE A100, LOVELAND CO 80537
Wanda Jackson-davis	director	C/O LIGHTNING EMOTORS, INC., 815 14TH STREET SW, SUITE A100, LOVELAND CO 80537
Shashi Seth	officer: Chief Revenue Officer	3080 SOUTH CT, PALO ALTO CA 94306
Jack Kenneth P. Jr.	director	815 14TH STREET SW, SUITE A100, LOVELAND CO 80537
Robert Fenwick-smith	director	C/O LIGHTNING EMOTORS, INC., 815 14TH STREET SW, SUITE A100, LOVELAND CO 80537
Bruce Coventry	director	C/O LIGHTNING EMOTORS, INC., 815 14TH STREET SW, SUITE A100, LOVELAND CO 80537
Timothy Reeser	director, officer: Chief Executive Officer	C/O LIGHTNING EMOTORS, INC., 815 14TH STREET SW, SUITE A100, LOVELAND CO 80537
Teresa Covington	officer: Chief Financial Officer	C/O AEROVIRONMENT, INC., 181 W. HUNTINGTON DR., SUITE 202, MONROVIA CA 91016
Raluca Dinu	director	C/O GIGCAPITAL2, INC., 2479 E. BAYSHORE RD., SUITE 200, PALO ALTO CA 94303
Diana D Tremblay	director	2111 NORTH MOLTER ROAD, LIBERTY LAKE WA 99019
Thaddeus Senko	director	C/O AUTOLIV, INC., KLARABERGSVIADUKTEN 70, SECTION B7, STOCKHOLM V7 SE-11164
Andrea Betti-berutto	other: former director	C/O GIGCAPITAL3, INC., 1731 EMBARCADERO RD., SUITE 200, PALO ALTO CA 94303
Peter S Wang	other: former director	GIGCAPITAL, INC., 3000 EL CAMINO REAL, BLDG 4, SUITE 232, PALO ALTO CA 94306
John J Mikulsky	other: former director	C/O KALEYRA, INC., 1731 EMBARCADERO ROAD, SUITE 200, PALO ALTO CA 94303