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Lightning eMotors (FRA:9LK) Days Sales Outstanding : 67.44 (As of Sep. 2023)


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What is Lightning eMotors Days Sales Outstanding?

Lightning eMotors's average Accounts Receivable for the three months ended in Sep. 2023 was €8.56 Mil. Lightning eMotors's Revenue for the three months ended in Sep. 2023 was €11.59 Mil. Hence, Lightning eMotors's Days Sales Outstanding for the three months ended in Sep. 2023 was 67.44.

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

FRA:9LK' s Days Sales Outstanding Range Over the Past 10 Years
Min: 104.99   Med: 121.59   Max: 142.57
Current: 139.46

During the past 4 years, Lightning eMotors's highest Days Sales Outstanding was 142.57. The lowest was 104.99. And the median was 121.59.

FRA:9LK's Days Sales Outstanding is ranked worse than
77.51% of 209 companies
in the Farm & Heavy Construction Machinery industry
Industry Median: 73.51 vs FRA:9LK: 139.46

Lightning eMotors's Days Sales Outstanding declined from Sep. 2022 (68.54) to Sep. 2023 (67.44).

Warning Sign:

If a company's sales outstanding increases, it means it has difficulty collecting payments from its customers.


Lightning eMotors Days Sales Outstanding Historical Data

The historical data trend for Lightning eMotors'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.

Lightning eMotors Days Sales Outstanding Chart

Lightning eMotors Annual Data
Trend Dec19 Dec20 Dec21 Dec22
Days Sales Outstanding
127.52 107.08 113.02 138.28

Lightning eMotors Quarterly Data
Dec19 Mar20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
Days Sales Outstanding Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 68.54 220.51 727.88 113.50 67.44

Competitive Comparison of Lightning eMotors's Days Sales Outstanding

For the Farm & Heavy Construction Machinery subindustry, Lightning eMotors'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.


Lightning eMotors's Days Sales Outstanding Distribution in the Farm & Heavy Construction Machinery Industry

For the Farm & Heavy Construction Machinery industry and Industrials sector, Lightning eMotors's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Lightning eMotors's Days Sales Outstanding falls into.



Lightning eMotors 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.

Lightning eMotors's Days Sales Outstanding for the fiscal year that ended in Dec. 2022 is calculated as

Days Sales Outstanding (A: Dec. 2022 )
=Average Accounts Receivable /Revenue*Days in Period
=( (Accounts Receivable (A: Dec. 2021 ) + Accounts Receivable (A: Dec. 2022 )) / count ) / Revenue (A: Dec. 2022 )*Days in Period
=( (8.117 + 9.345) / 2 ) / 23.046*365
=8.731 / 23.046*365
=138.28

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

Days Sales Outstanding (Q: Sep. 2023 )
=Average Accounts Receivable /Revenue*Days in Period
=( (Accounts Receivable (A: Jun. 2023 ) + Accounts Receivable (A: Sep. 2023 )) / count ) / Revenue (A: Sep. 2023 )*Days in Period
=( (7.993 + 9.133) / 2 ) / 11.587*365 / 4
=8.563 / 11.587*365 / 4
=67.44

* 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.


Lightning eMotors  (FRA:9LK) Days Sales Outstanding Explanation

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


Lightning eMotors Days Sales Outstanding Related Terms

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Lightning eMotors (FRA:9LK) Business Description

Traded in Other Exchanges
Address
815 14th Street South West, Suite A100, Loveland, CO, USA, 80537
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.

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