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Frequently Asked Questions
How did La-Z-Boy Incorporated do last quarter? What was its Total Revenue and Cost of Revenue?
A company's Total Revenue reveals how much money it generates before any expenses or deductions are made. As a result, this metric informs investors/stakeholders how much money the business makes. Tracking and understanding it is essential for evaluating a company's growth. As opposed to revenue, Cost of Revenue is any expenses a business incur to generate revenue. There can be high revenue in a business, but if the costs are high, it won't make a profit and will go out of business when money runs out. Therefore, LZB generated $611.33 Million in revenue last quarter, while its costs came in at $350.6 Million.
Last quarter, how much Gross Profit did La-Z-Boy Incorporated report?
A business's Gross Profit is a key indicator of its profitability and financial performance. In other words, it reflects how efficiently a business uses labor, raw materials, and other resources. La-Z-Boy Incorporated reported a $260.74 Million Gross Profit for the quarter ended Oct. 2022.
Have LZB's Total Operating Expenses and Operating Income been favorable recently?
Operational Expenses represent the costs a company must incur to generate revenue, which is the ultimate goal of a business, whereas Operating Income shows the revenue left after operational direct and indirect costs have been deducted. LZB incurred $549.45 Million worth of Operating Expenses, while it generated $61.88 Million worth of Operating Income.
How much Net Income has LZB posted recently?
The Net Income of a company is one of the factors investors consider when investing in the company. According to recent earnings report from La-Z-Boy Incorporated, the company generated 46.08 Million i Net Income. When a company has a history of consistent net income, investors are more likely to invest in it since they know they will get a return.
At the end of the last quarter, how much Cash and Equivalents did La-Z-Boy Incorporated have?
The amount of Cash and Cash Equivalents is an effective indicator of the financial strength and well-being of a company. An excess cash situation occurs when a company has more cash and cash equivalents than it needs for operating activities. The amount of Cash and Cash Equivalents available to La-Z-Boy Incorporated as of the end of the last quarter was $204.63 Million.
What are LZB's Total Net Receivables for the last quarter?
Total Net Receivables are a company's outstanding debts to its customers. Therefore, it refers to the amount that a company expects to collect from its customers. The higher a company's net receivables are, the more confident it is that it can collect money from its debtors. As of the end of the last quarter, LZB had Total Net Receivables of $160.03 Million.
In terms of Total Assets and Current Assets, where did La-Z-Boy Incorporated stand at?
An asset with an economic value within a year is considered a current asset. Total assets, however, also include long-term fixed assets, intangible assets, and other non-current assets. The current Assets of LZB total $857.31 Million, while the Total Assets are $1.86 Billion.
As of the last quarter, how much Total Debt did La-Z-Boy Incorporated have?
The total debt of a business refers to how much it borrows. A company's current and long-term liabilities are added together to calculate its Total Debt. A debt ratio may be taken into account on a balance sheet by financial lenders, investors, and business leaders when making informed decisions about future loans or investments. The total amount of LZB's debt was $0 at the end of the last quarter.
What were LZB's Total Liabilities during the last reported quarter?
A company's total liabilities are the sum of all debts it is liable for, including any off-balance shee liabilities it may incur. This can be calculated by adding up all short-term and long-term liabilities. In its last quarter, LZB reported total liabilities of $982.88 Million.
How much did LZB's Working Capital change over the last quarter?
Working Capital Change for LZB was -$79.9 Million over the last quarter. Working Capital Change refers to the difference between net working capital amounts at the end of one accounting period and the end of another. It tells investors/stakeholders how much the company's cash flow will differ from its Net Income (i.e., after-tax profits). More powerful companies often have positive Change in Working Capital numbers as they have increased control over collecting cash from customers and delaying payments to suppliers.
LZB generated how much cash from operating activities?
An operating cash flow statement usually contains cash from operating activities in the first section. An organization's cash from operating activities refers to the money it takes in and takes out as a result of its regular business operations. LZB generated $30.95 Million of Cash from Operating Activities during its recently reported quarter.
What was LZB's latest reported Net Change in Cash?
An increase or decrease in cash and cash equivalent balances within a specified period is considered the net change in cash in a cash flow statement. Furthermore, it takes into account cash changes as a result of investments, financing, and operating activities. LZB reported a -$40.96 Million Net Change in Cash in the most recent quarter.