Universal Display (LTS:0LJE) Days Sales Outstanding : 59.87 (As of Sep. 2024)

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What is Universal Display Days Sales Outstanding?

Universal Display's average Accounts Receivable for the three months ended in Sep. 2024 was $106.0 Mil. Universal Display's Revenue for the three months ended in Sep. 2024 was $161.6 Mil. Hence, Universal Display's Days Sales Outstanding for the three months ended in Sep. 2024 was 59.87.

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

LTS:0LJE' s Days Sales Outstanding Range Over the Past 10 Years
Min: 36.05 Med: 52.97 Max: 73.61
Current: 67.33

During the past 13 years, Universal Display's highest Days Sales Outstanding was 73.61. The lowest was 36.05. And the median was 52.97.

LTS:0LJE's Days Sales Outstanding is ranked better than
58.63% of 2439 companies
in the Hardware industry
Industry Median: 74.92 vs LTS:0LJE: 67.33

Universal Display's Days Sales Outstanding declined from Sep. 2023 (74.89) to Sep. 2024 (59.87).

Universal Display Days Sales Outstanding Historical Data

The historical data trend for Universal Display'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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Universal Display Days Sales Outstanding Chart

Universal Display Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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46.65

60.73

62.61

59.28

73.61

Universal Display Quarterly Data
	Dec19	Mar20	Jun20	Sep20	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															74.89	75.52	71.63	70.23	59.87

Competitive Comparison of Universal Display's Days Sales Outstanding

For the Electronic Components subindustry, Universal Display'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.

Universal Display's Days Sales Outstanding Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Universal Display's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Universal Display's Days Sales Outstanding falls into.

Universal Display 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.

Universal Display'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
=	( (92.664	+	139.85)	/	2 )	/	576.429	*	365
=	116.257					/	576.429	*	365
=	73.61

Universal Display'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
=	( (124.386	+	87.693)	/	2 )	/	161.627	*	365 / 4
=	106.0395					/	161.627	*	365 / 4
=	59.87

Universal Display (LTS:0LJE) Days Sales Outstanding Explanation

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

Universal Display Days Sales Outstanding Related Terms

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Universal Display Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Universal Display Corp (LTS:0LJE) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

OLED:USA OLED:Mexico UVD:Germany

Address

250 Phillips Boulevard, Ewing, NJ, USA, 08618

Website

https://www.oled.com

Universal Display Corp researches, develops, and manufactures organic light-emitting diode, or OLED, technologies for use in displays for mobile phones, tablets, televisions, wearables, personal computers, automotive interiors, and the solid-state lighting market. OLED technologies are an alternative to light-emitting diode, or LED, technologies, in the solid-state lighting market, and liquid crystal displays in the flat-panel-display market. A large majority of the firm's revenue is generated in South Korea, with the rest coming from Japan, China, the United States, and other countries across the world.

Universal Display Headlines

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