Lamar Advertising Co (FRA:6LA) Days Sales Outstanding : 54.84 (As of Mar. 2024)

View and export this data going back to 2000. Start your Free Trial

What is Lamar Advertising Co Days Sales Outstanding?

Lamar Advertising Co's average Accounts Receivable for the three months ended in Mar. 2024 was €275 Mil. Lamar Advertising Co's Revenue for the three months ended in Mar. 2024 was €458 Mil. Hence, Lamar Advertising Co's Days Sales Outstanding for the three months ended in Mar. 2024 was 54.84.

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

FRA:6LA' s Days Sales Outstanding Range Over the Past 10 Years
Min: 44.32 Med: 49.44 Max: 57.67
Current: 50.93

During the past 13 years, Lamar Advertising Co's highest Days Sales Outstanding was 57.67. The lowest was 44.32. And the median was 49.44.

FRA:6LA's Days Sales Outstanding is ranked worse than
73.17% of 615 companies
in the REITs industry
Industry Median: 22.66 vs FRA:6LA: 50.93

Lamar Advertising Co's Days Sales Outstanding increased from Mar. 2023 (53.00) to Mar. 2024 (54.84).

Lamar Advertising Co Days Sales Outstanding Historical Data

The historical data trend for Lamar Advertising Co'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.

* Premium members only.

Lamar Advertising Co Days Sales Outstanding Chart

Lamar Advertising Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

Get a 7-Day Free Trial

50.47

60.49

50.40

48.32

51.41

Lamar Advertising Co Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Sales Outstanding	Get a 7-Day Free Trial															53.00	49.30	52.77	50.73	54.84

Competitive Comparison of Lamar Advertising Co's Days Sales Outstanding

For the REIT - Specialty subindustry, Lamar Advertising Co'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.

Lamar Advertising Co's Days Sales Outstanding Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Lamar Advertising Co's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Lamar Advertising Co's Days Sales Outstanding falls into.

Lamar Advertising Co 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.

Lamar Advertising Co'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
=	( (269.077	+	276.19)	/	2 )	/	1935.775	*	365
=	272.6335					/	1935.775	*	365
=	51.41

Lamar Advertising Co'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
=	( (276.19	+	274.628)	/	2 )	/	458.298	*	365 / 4
=	275.409					/	458.298	*	365 / 4
=	54.84

Lamar Advertising Co (FRA:6LA) Days Sales Outstanding Explanation

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

Lamar Advertising Co Days Sales Outstanding Related Terms

Thank you for viewing the detailed overview of Lamar Advertising Co's Days Sales Outstanding provided by GuruFocus.com. Please click on the following links to see related term pages.

Lamar Advertising Co (FRA:6LA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Lamar Advertising Co (FRA:6LA) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

LAMR:USA

Address

5321 Corporate Boulevard, Baton Rouge, LA, USA, 70808

Website

https://www.lamar.com

Lamar Advertising Co is an outdoor advertising company organized as a real estate investment trust for U.S. federal income tax purposes. Lamar's core revenue-generating activity is leasing space for advertising on billboards, buses, shelters, benches, logo plates, and airport terminals through short-term agreements. The company is involved in this process from ad copy production to the placement and maintenance of physical advertisements. The vast majority of Lamar's revenue comes from renting ad space on its portfolio of static and digital roadside billboard displays in the U.S. The states of Pennsylvania and Texas house a proportion of these. The company's customers are restaurant, service, healthcare, and retail firms in terms of total revenue.

Lamar Advertising Co (FRA:6LA) Headlines

No Headlines