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Lincoln Electric Holdings (Lincoln Electric Holdings) Days Sales Outstanding : 46.40 (As of Dec. 2023)


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What is Lincoln Electric Holdings Days Sales Outstanding?

Lincoln Electric Holdings's average Accounts Receivable for the three months ended in Dec. 2023 was $538 Mil. Lincoln Electric Holdings's Revenue for the three months ended in Dec. 2023 was $1,059 Mil. Hence, Lincoln Electric Holdings's Days Sales Outstanding for the three months ended in Dec. 2023 was 46.40.

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

LECO' s Days Sales Outstanding Range Over the Past 10 Years
Min: 43.22   Med: 46.71   Max: 51.42
Current: 48.1

During the past 13 years, Lincoln Electric Holdings's highest Days Sales Outstanding was 51.42. The lowest was 43.22. And the median was 46.71.

LECO's Days Sales Outstanding is ranked better than
83.3% of 2958 companies
in the Industrial Products industry
Industry Median: 79.14 vs LECO: 48.10

Lincoln Electric Holdings's Days Sales Outstanding declined from Dec. 2022 (49.24) to Dec. 2023 (46.40).


Lincoln Electric Holdings Days Sales Outstanding Historical Data

The historical data trend for Lincoln Electric Holdings'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.

Lincoln Electric Holdings Days Sales Outstanding Chart

Lincoln Electric Holdings Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Sales Outstanding
Get a 7-Day Free Trial Premium Member Only Premium Member Only 46.88 51.42 45.29 47.10 47.04

Lincoln Electric Holdings 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 49.24 48.95 49.20 48.92 46.40

Competitive Comparison of Lincoln Electric Holdings's Days Sales Outstanding

For the Tools & Accessories subindustry, Lincoln Electric Holdings'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.


Lincoln Electric Holdings's Days Sales Outstanding Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Lincoln Electric Holdings's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Lincoln Electric Holdings's Days Sales Outstanding falls into.



Lincoln Electric Holdings 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.

Lincoln Electric Holdings'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
=( (541.529 + 538.83) / 2 ) / 4191.636*365
=540.1795 / 4191.636*365
=47.04

Lincoln Electric Holdings'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
=( (537.637 + 538.83) / 2 ) / 1058.514*365 / 4
=538.2335 / 1058.514*365 / 4
=46.40

* 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.


Lincoln Electric Holdings  (NAS:LECO) Days Sales Outstanding Explanation

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


Lincoln Electric Holdings Days Sales Outstanding Related Terms

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Lincoln Electric Holdings (Lincoln Electric Holdings) Business Description

Traded in Other Exchanges
Address
22801 Street Clair Avenue, Cleveland, OH, USA, 44117
Lincoln Electric is a leading manufacturer of welding, cutting, and brazing products. The firm's portfolio of products includes arc-welding solutions, plasma and oxy-fuel cutting systems, and brazing and soldering alloys, as well as automation solutions. Lincoln Electric serves clients in the general fabrication, heavy industries, automotive, construction, shipbuilding, energy and process industries, among other end markets. Based in Cleveland, Ohio, Lincoln Electric has operations in 19 countries and has 11,000 employees worldwide. The company generated roughly $3.8 billion in sales in 2022.
Executives
Michael J Whitehead officer: SVP, Strat. & Business Dev. 22801 SAINT CLAIR AVENUE, CLEVELAND OH 44117
Christopher L Mapes director REGAL BELOIT CORP, 200 STATE STREET, BELOIT WI 53511
Steven B Hedlund officer: V. P. Strategy & Bus. Dev. 22801 ST. CLAIR AVENUE, CLEVELAND OH 44117
Geoffrey P Allman officer: Sr. V.P., Corporate Controller 22801 ST. CLAIR AVENUE, CLEVELAND OH 44117
Michele R Kuhrt officer: Ex. V.P., CIO 22801 SAINT CLAIR AVENUE, CLEVELAND OH 44117
Marc A Howze director DEERE & COMPANY, ONE JOHN DEERE PLACE, MOLINE IL 61265
Jennifer I Ansberry officer: Ex.V.P. General Counsel & Secy 22801 SAINT CLAIR AVENUE, CLEVELAND OH 44117
Bonnie J Fetch director 500 JACKSON STREET, COLUMBUS IN 47201
Kathryn Jo Lincoln director 1741 EAST MORTEN AVE, PHOENIX AZ 85020
Peter M. Pletcher officer: SVP, President International 22801 SAINT CLAIR AVENUE, CLEVELAND OH 44117
Gregory Doria officer: SVP, Pres Harris Products Gr. 22801 SAINT CLAIR AVENUE, CLEVELAND OH 44117
Gabriel Bruno officer: V.P., Corporate Controller 22801 ST. CLAIR AVENUE, CLEVELAND OH 44117
Lisa Dietrich officer: EVP, CIO 22801 SAINT CLAIR AVENUE, CLEVELAND OH 44117
Brian Chambers director ONE OWENS CORNING PARKWAY, TOLEDO OH 43659
Thomas A Flohn officer: VP; Pres. (Asia Pac.) 22801 ST. CLAIR AVENUE, CLEVELAND OH 44117