LOCL (Local Bounti) Days Sales Outstanding : 20.25 (As of Sep. 2024)

View and export this data going back to 2021. Start your Free Trial

What is Local Bounti Days Sales Outstanding?

Local Bounti's average Accounts Receivable for the three months ended in Sep. 2024 was $2.27 Mil. Local Bounti's Revenue for the three months ended in Sep. 2024 was $10.24 Mil. Hence, Local Bounti's Days Sales Outstanding for the three months ended in Sep. 2024 was 20.25.

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

LOCL' s Days Sales Outstanding Range Over the Past 10 Years
Min: 26.25 Med: 82.47 Max: 1482.26
Current: 28.52

During the past 4 years, Local Bounti's highest Days Sales Outstanding was 1482.26. The lowest was 26.25. And the median was 82.47.

LOCL's Days Sales Outstanding is ranked better than
67.15% of 1863 companies
in the Consumer Packaged Goods industry
Industry Median: 39.73 vs LOCL: 28.52

Local Bounti's Days Sales Outstanding declined from Sep. 2023 (36.57) to Sep. 2024 (20.25).

Local Bounti Days Sales Outstanding Historical Data

The historical data trend for Local Bounti'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.

Local Bounti Days Sales Outstanding Chart

Local Bounti Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

1,482.26

126.72

26.25

38.21

Local Bounti Quarterly Data
	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Days Sales Outstanding	Get a 7-Day Free Trial											36.57	38.17	35.04	28.32	20.25

Competitive Comparison of Local Bounti's Days Sales Outstanding

For the Farm Products subindustry, Local Bounti'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.

Local Bounti's Days Sales Outstanding Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Local Bounti's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Local Bounti's Days Sales Outstanding falls into.

Local Bounti 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.

Local Bounti'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
=	( (2.691	+	3.078)	/	2 )	/	27.557	*	365
=	2.8845					/	27.557	*	365
=	38.21

Local Bounti's Days Sales Outstanding for the quarter that ended in Sep. 2024 is calculated as:

	Days Sales Outstanding (Q: Sep. 2024 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Jun. 2024 )	+	Accounts Receivable (A: Sep. 2024 ))	/	count )	/	Revenue (A: Sep. 2024 )	*	Days in Period
=	( (2.501	+	2.044)	/	2 )	/	10.242	*	365 / 4
=	2.2725					/	10.242	*	365 / 4
=	20.25

Local Bounti (NYSE:LOCL) Days Sales Outstanding Explanation

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

Local Bounti Days Sales Outstanding Related Terms

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

Local Bounti Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Local Bounti Corp (NYSE:LOCL) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

400 W. Main Street, Hamilton, MT, USA, 59840

Website

https://www.localbounti.com

Local Bounti Corp is a controlled environment agriculture company. Its business model is based on building local facilities, operated by local teams, to deliver fresh and quality produce to local communities while maintaining a limited carbon footprint. Using proprietary technology to grow leafy greens and herbs in smart greenhouses with a cultivation process that uses less water and land than conventional agriculture, free from herbicides or pesticides, it delivers products that have a longer shelf life, and are good in taste.

Executives

Mark Joseph Nelson	director	LOCAL BOUNTI CORPORATION, 220 W MAIN STREET, HAMILTON MT 59840
Kathleen Valiasek	officer: Chief Financial Officer	AMYRIS, INC., 5850 HOLLIS STREET SUITE 100, EMERYVILLE CA 94608
B. David Vosburg	officer: Chief Innovation Officer	C/O LOCAL BOUNTI CORPORATION, 490 FOLEY LANE, HAMILTON MT 59840
Travis M. Joyner	director, officer: Co-Chief Executive Officer	C/O LOCAL BOUNTI CORPORATION, 490 FOLEY LANE, HAMILTON MT 59840
Anna M. Fabrega	officer: Chief Executive Officer	C/O AMERICAN PUBLIC EDUCATION, INC., 111 WEST CONGRESS STREET, CHARLES TOWN WV 25414
Edward C Forst	director	85 BROAD STREET, NEW YORK NY 10004
Matthew Nordby	director	C/O LOCAL BOUNTI CORPORATION, 490 FOLEY LANE, HAMILTON MT 59840
Craig M. Hurlbert	director, officer: Co-Chief Executive Officer	C/O LOCAL BOUNTI CORPORATION, 490 FOLEY LANE, HAMILTON MT 59840
Jennifer Carr-smith	director	28 LIBERTY STREET, NEW YORK NY 10005
Brian C. Cook	officer: President	C/O LOCAL BOUNTI CORPORATION, 490 FOLEY LANE, HAMILTON MT 59840
Margaret Mccandless	officer: General Counsel & Secretary	C/O ROYAL GOLD, 1144 15TH STREET, SUITE 2500, DENVER CO 80202
Charles R. Schwab	10 percent owner	PO BOX 2226, PALM BEACH FL 33480
Mark Alan Mckinney	officer: Chief Operating Officer	C/O LOCAL BOUNTI CORPORATION, 490 FOLEY LANE, HAMILTON MT 59840
Gary Hilberg	officer: Chief Sustainability Officer	C/O LOCAL BOUNTI CORPORATION, 490 FOLEY LANE, HAMILTON MT 59840
Pamela Brewster	director	C/O LOCAL BOUNTI CORPORATION, 490 FOLEY LANE, HAMILTON MT 59840