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LQR House (LQR House) Days Sales Outstanding : 23.45 (As of Dec. 2023)


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What is LQR House Days Sales Outstanding?

LQR House's average Accounts Receivable for the three months ended in Dec. 2023 was $0.16 Mil. LQR House's Revenue for the three months ended in Dec. 2023 was $0.61 Mil. Hence, LQR House's Days Sales Outstanding for the three months ended in Dec. 2023 was 23.45.

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

LQR' s Days Sales Outstanding Range Over the Past 10 Years
Min: 39.82   Med: 96.87   Max: 108.92
Current: 39.82

During the past 3 years, LQR House's highest Days Sales Outstanding was 108.92. The lowest was 39.82. And the median was 96.87.

LQR's Days Sales Outstanding is ranked better than
53.55% of 211 companies
in the Beverages - Alcoholic industry
Industry Median: 43.37 vs LQR: 39.82

LQR House's Days Sales Outstanding declined from Dec. 2022 (55.79) to Dec. 2023 (23.45).


LQR House Days Sales Outstanding Historical Data

The historical data trend for LQR House'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.

LQR House Days Sales Outstanding Chart

LQR House Annual Data
Trend Dec21 Dec22 Dec23
Days Sales Outstanding
108.92 96.87 64.63

LQR House Quarterly Data
Jun21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Days Sales Outstanding Get a 7-Day Free Trial Premium Member Only Premium Member Only 55.79 70.70 17.68 54.96 23.45

Competitive Comparison of LQR House's Days Sales Outstanding

For the Beverages - Wineries & Distilleries subindustry, LQR House'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.


LQR House's Days Sales Outstanding Distribution in the Beverages - Alcoholic Industry

For the Beverages - Alcoholic industry and Consumer Defensive sector, LQR House's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where LQR House's Days Sales Outstanding falls into.



LQR House 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.

LQR House'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
=( (0.225 + 0.172) / 2 ) / 1.121*365
=0.1985 / 1.121*365
=64.63

LQR House'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
=( (0.141 + 0.172) / 2 ) / 0.609*365 / 4
=0.1565 / 0.609*365 / 4
=23.45

* 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.


LQR House  (NAS:LQR) Days Sales Outstanding Explanation

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


LQR House Days Sales Outstanding Related Terms

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LQR House (LQR House) Business Description

Traded in Other Exchanges
N/A
Address
6800 Indian Creek Drive, Suite 1E, Miami Beach, FL, USA, 33141
LQR House Inc intends to become the full-service digital marketing and brand development face of the alcoholic beverage space. It also intends to integrate the supply, sales, and marketing facets of the alcoholic beverage space into one easy-to-use platform and become the one-stop shop for everything related to alcohol. The company's primary business includes the development of premium limited-batch spirit brands, establishing an exclusive wine club, and marketing internal and external brands through an exclusive agreement with a U.S.-based e-commerce portal. It believes that the marketing and brand management services it provides to its wholly owned and third-party clients will increase brand recognition thereof, and drive sales thereof through its e-commerce platform partner.
Executives
Sean Dollinger director, 10 percent owner, officer: Chief Executive Officer 6800 INDIAN CREEK DRIVE, SUITE 1E, MIAMI BEACH FL 33141
Gary L Herman director 720 FIFTH AVE, 10TH FLOOR, NEW YORK NY 10019
James C. Huber director 127 FLORENCE DRIVE, JUPITER FL 33458
Kbros, Llc 10 percent owner 23658 SAN VICENTE ROAD, RAMONA CA 92065
Guy Dollinger director 283 RUE PICASSO, DOLLARD-DES-ORMEAUX A8 H9A 3K2
Jaclyn Hoffman officer: Chief Marketing Officer 166 2ND AVENUE, APT 2A, NEW YORK NY 10003
Kumar Abhishek officer: Chief Financial Officer 25/3A, RAIL VIHAR, SECTOR 56, GURGAON K7 122002
Darren Collins director 22 RIVERVIEW ROAD, ALLISTON A6 L9M 1R2
Alexandra Hoffman director 6800 INDIAN CREEK DRIVE, APT 101, MIAMI BEACH FL 33141
James P. O'brien director 3000-360 MAIN STREET, WINNIPEG A2 R3C 4G1