Lee Enterprises (Lee Enterprises) Days Sales Outstanding : 40.21 (As of Dec. 2023)

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What is Lee Enterprises Days Sales Outstanding?

Lee Enterprises's average Accounts Receivable for the three months ended in Dec. 2023 was $68.6 Mil. Lee Enterprises's Revenue for the three months ended in Dec. 2023 was $155.7 Mil. Hence, Lee Enterprises's Days Sales Outstanding for the three months ended in Dec. 2023 was 40.21.

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

LEE' s Days Sales Outstanding Range Over the Past 10 Years
Min: 27.02 Med: 31.95 Max: 38.55
Current: 38.55

During the past 13 years, Lee Enterprises's highest Days Sales Outstanding was 38.55. The lowest was 27.02. And the median was 31.95.

LEE's Days Sales Outstanding is ranked better than
78.18% of 1022 companies
in the Media - Diversified industry
Industry Median: 69.425 vs LEE: 38.55

Lee Enterprises's Days Sales Outstanding increased from Dec. 2022 (35.72) to Dec. 2023 (40.21).

Lee Enterprises Days Sales Outstanding Historical Data

The historical data trend for Lee Enterprises'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.

Lee Enterprises Days Sales Outstanding Chart

Lee Enterprises Annual Data

Trend

Sep14

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Days Sales Outstanding

Get a 7-Day Free Trial

30.87

28.09

27.02

31.45

36.61

Lee Enterprises Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Sales Outstanding	Get a 7-Day Free Trial															35.72	38.22	36.43	38.47	40.21

Competitive Comparison of Lee Enterprises's Days Sales Outstanding

For the Publishing subindustry, Lee Enterprises'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.

Lee Enterprises's Days Sales Outstanding Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Lee Enterprises's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Lee Enterprises's Days Sales Outstanding falls into.

Lee Enterprises 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.

Lee Enterprises's Days Sales Outstanding for the fiscal year that ended in Sep. 2023 is calculated as

	Days Sales Outstanding (A: Sep. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Sep. 2022 )	+	Accounts Receivable (A: Sep. 2023 ))	/	count )	/	Revenue (A: Sep. 2023 )	*	Days in Period
=	( (69.522	+	69.104)	/	2 )	/	691.138	*	365
=	69.313					/	691.138	*	365
=	36.61

Lee Enterprises'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: Sep. 2023 )	+	Accounts Receivable (A: Dec. 2023 ))	/	count )	/	Revenue (A: Dec. 2023 )	*	Days in Period
=	( (69.104	+	68.103)	/	2 )	/	155.678	*	365 / 4
=	68.6035					/	155.678	*	365 / 4
=	40.21

Lee Enterprises (NAS:LEE) Days Sales Outstanding Explanation

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

Lee Enterprises Days Sales Outstanding Related Terms

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Lee Enterprises (Lee Enterprises) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Lee Enterprises Inc (NAS:LEE) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

LE70:Germany

Address

4600 E 53rd Street, Davenport, IA, USA, 52807

Website

https://www.lee.net

Lee Enterprises Inc is a local news publication company in the United States. It is a digital-first subscription business providing local markets with valuable, high quality, trusted, intensely local news, information, advertising and marketing services. Its product portfolio includes digital subscription platforms, daily, weekly and monthly newspapers and niche products, all delivering original local news and information as well as national and international news. The products offer digital and print editions, and its content and advertising is available in real time through the websites and mobile apps.

Executives

Shaun Mcalmont	director	C/O LINCOLN EDUCATIONAL SERVICES CORP., 200 EXECUTIVE DRIVE, SUITE 340, WEST ORANGE NJ 07052
Moloney Herbert W Iii	director	215 N MAIN STREET, SUITE 400, DAVENPORT IA 52801
Steven C. Fletcher	director	C/O LEE ENTERPRISES, INCORPORATED, 4600 EAST 53RD STREET, DAVENPORT IA 52807
Margaret R. Liberman	director	C/O LEE ENTERPRISES, INCORPORATED, 201 N. HARRISON STREET, STE. 600, DAVENPORT IA 52801
David T. Pearson	director	C/O VONAGE HOLDINGS CORP, 23 MAIN STREET, HOLMDEL NJ 07733
Jolene N. Sherman	officer: V.P. - Business Development	C/O LEE ENTERPRISES, INCORPORATED, 4600 E. 53RD STREET, DAVENPORT IA 52807
Joseph J Battistoni	officer: VP - Local Advertising	C/O LEE ENTERPRISES, INCORPORATED, 4600 E. 53RD STREET, DAVENPORT IA 52807
Astrid J Garcia	officer: VP - Human Resources & Legal	C/O LEE ENTERPRISES, INCORPORATED, 4600 E. 53RD STREET, DAVENPORT IA 52807
Cannell Capital Llc	10 percent owner	245 MERIWETHER CIRCLE, ALTA WY 83414
Nancy S Donovan	director
William E Mayer	director	C/O LEE ENTERPRISES INC, 201 N. HARRISON ST., STE. 600, DAVENPORT IA 52801
Ray G Farris	officer: V.P. & Group Publisher	C/O LEE ENTERPRISES, INCORPORATED, 201 N HARRISON STREET, STE. 600, DAVENPORT IA 52801
Gregory P Schermer	director, 10 percent owner, officer: Vice Pres.-Interactive Media	C/O LEE ENTERPRISES INCORPORATED, 215 N MAIN STREET STE 400, DAVENPORT IA 52801
Timothy R. Millage	officer: V.P., CFO and Treasurer	C/O LEE ENTERPRISES, INCORPORATED, 201 N HARRISON STREET, STE. 600, DAVENPORT IA 52801
Michael R Gulledge	officer: Vice President - Publishing	C/O LEE ENTERPRISES, INCORPORATED, 201 N. HARRISON STREET, DAVENPORT IA 52801-1939