LC Logistics (HKSE:02490) Days Sales Outstanding : 35.59 (As of Dec. 2023)

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What is LC Logistics Days Sales Outstanding?

LC Logistics's average Accounts Receivable for the six months ended in Dec. 2023 was HK$132 Mil. LC Logistics's Revenue for the six months ended in Dec. 2023 was HK$1,355 Mil. Hence, LC Logistics's Days Sales Outstanding for the six months ended in Dec. 2023 was 17.80.

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

HKSE:02490' s Days Sales Outstanding Range Over the Past 10 Years
Min: 18.48 Med: 27.51 Max: 54.79
Current: 35.59

During the past 4 years, LC Logistics's highest Days Sales Outstanding was 54.79. The lowest was 18.48. And the median was 27.51.

HKSE:02490's Days Sales Outstanding is ranked better than
64.03% of 959 companies
in the Transportation industry
Industry Median: 46.08 vs HKSE:02490: 35.59

LC Logistics's Days Sales Outstanding increased from Dec. 2021 (18.48) to Dec. 2023 (35.59).

LC Logistics Days Sales Outstanding Historical Data

The historical data trend for LC Logistics'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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LC Logistics Days Sales Outstanding Chart

LC Logistics Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

54.79

18.48

19.43

35.59

LC Logistics Semi-Annual Data
	Dec20	Dec21	Dec22	Dec23
Days Sales Outstanding	54.79	18.48	19.43	35.59

Competitive Comparison of LC Logistics's Days Sales Outstanding

For the Integrated Freight & Logistics subindustry, LC Logistics'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.

LC Logistics's Days Sales Outstanding Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, LC Logistics's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where LC Logistics's Days Sales Outstanding falls into.

LC Logistics 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.

LC Logistics'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
=	( (166.547	+	97.631)	/	2 )	/	1354.613	*	365
=	132.089					/	1354.613	*	365
=	35.59

LC Logistics's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

	Days Sales Outstanding (Q: 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
=	( (166.547	+	97.631)	/	2 )	/	1354.613	*	365 / 2
=	132.089					/	1354.613	*	365 / 2
=	17.80

LC Logistics (HKSE:02490) Days Sales Outstanding Explanation

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

LC Logistics Days Sales Outstanding Related Terms

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LC Logistics (HKSE:02490) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » LC Logistics Inc (HKSE:02490) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

9/F, China Stone Building, 37 Hong Kong Middle Road, Shinan District, Shandong Province, Qingdao, CHN

Website

http://www.burnasia.cn

LC Logistics Inc is a company involved in cross-border logistics services. The company provides services cover all major aspects of the cross-border logistics process, including cargo pick-up and sorting, customs clearance, cross-border seaborne transportation, warehouse transit and last-mile delivery.

Executives

Li Yan	2201 Interest of corporation controlled by you
Liu Quanxiang	2201 Interest of corporation controlled by you
Xu Xin	2201 Interest of corporation controlled by you
Grand Sailing Limited	2201 Interest of corporation controlled by you
Lecang Altitude Limited	2101 Beneficial owner
Glorious Sailing Limited	2101 Beneficial owner
Lecang Flourishing Limited	2101 Beneficial owner
Spring Wealth Limited	2201 Interest of corporation controlled by you
Lecang Shining Limited	2101 Beneficial owner
Peace Seaworld Limited	2201 Interest of corporation controlled by you

LC Logistics (HKSE:02490) Headlines

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