Loar Holdings (Loar Holdings) Days Sales Outstanding : 57.05 (As of Mar. 2024)

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What is Loar Holdings Days Sales Outstanding?

Loar Holdings's average Accounts Receivable for the three months ended in Mar. 2024 was $57.42 Mil. Loar Holdings's Revenue for the three months ended in Mar. 2024 was $91.84 Mil. Hence, Loar Holdings's Days Sales Outstanding for the three months ended in Mar. 2024 was 57.05.

The historical rank and industry rank for Loar Holdings's Days Sales Outstanding or its related term are showing as below:

LOAR' s Days Sales Outstanding Range Over the Past 10 Years
Min: 57.43 Med: 59.89 Max: 228.21
Current: 228.21

During the past 2 years, Loar Holdings's highest Days Sales Outstanding was 228.21. The lowest was 57.43. And the median was 59.89.

LOAR's Days Sales Outstanding is ranked worse than
88.41% of 302 companies
in the Aerospace & Defense industry
Industry Median: 63.15 vs LOAR: 228.21

Loar Holdings's Days Sales Outstanding increased from . 20 (0.00) to Mar. 2024 (57.05).

Loar Holdings Days Sales Outstanding Historical Data

The historical data trend for Loar Holdings's Days Sales Outstanding 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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Loar Holdings Days Sales Outstanding Chart

Loar Holdings Annual Data

Trend

Dec22

Dec23

Days Sales Outstanding

62.34

57.43

Loar Holdings Quarterly Data
	Dec22	Mar23	Dec23	Mar24
Days Sales Outstanding	-	50.26	-	57.05

Competitive Comparison of Loar Holdings's Days Sales Outstanding

For the Aerospace & Defense subindustry, Loar Holdings's Days Sales Outstanding, along with its competitors' market caps and Days Sales Outstanding data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Loar Holdings's Days Sales Outstanding Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Loar Holdings's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Loar Holdings's Days Sales Outstanding falls into.

Loar Holdings Days Sales Outstanding Calculation

Days Sales Outstanding measures 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.

Accounts Receivable can be measured by Days Sales Outstanding.

Loar Holdings's Days Sales Outstanding for the fiscal year that ended in Dec. 2023 is calculated as

	Days Sales Outstanding (A: Dec. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Dec. 2022 )	+	Accounts Receivable (A: Dec. 2023 ))	/	count )	/	Revenue (A: Dec. 2023 )	*	Days in Period
=	( (40.897	+	59.002)	/	2 )	/	317.477	*	365
=	49.9495					/	317.477	*	365
=	57.43

Loar Holdings's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

	Days Sales Outstanding (Q: Mar. 2024 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Dec. 2023 )	+	Accounts Receivable (A: Mar. 2024 ))	/	count )	/	Revenue (A: Mar. 2024 )	*	Days in Period
=	( (59.002	+	55.844)	/	2 )	/	91.844	*	365 / 4
=	57.423					/	91.844	*	365 / 4
=	57.05

Loar Holdings (NYSE:LOAR) Days Sales Outstanding Explanation

For retailers, when we compare Days Sales Outstanding, it is important to compare the same period in the previous years.

Loar Holdings Days Sales Outstanding 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 » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

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

From GuruFocus

Director M Crow Acquires 71,429 Shares of Loar Holdings Inc (LOAR)

By GuruFocus Research • 04-29-2024