Landstar System's average Accounts Receivable for the
three
months ended in Dec. 2023 was $777 Mil. Landstar System's Revenue for the
three
months ended in Dec. 2023 was $1,204 Mil.
Hence, Landstar System's Days Sales Outstanding for the
three
months ended in Dec. 2023 was 58.89.
The historical rank and industry rank for Landstar System's Days Sales Outstanding or its related term are showing as below:
LSTR'
s Days Sales Outstanding Range Over the Past 10 Years
Min: 49.93 Med: 53.45 Max: 59.73
Current: 58.79
During the past 13 years, Landstar System's highest Days Sales Outstanding was 59.73. The lowest was 49.93. And the median was 53.45.
LSTR's Days Sales Outstanding is ranked worse than 64.18% of 966
companies
in the Transportation industry
Industry Median: 45.73
vs LSTR: 58.79
Landstar System's Days Sales Outstanding
increased
from Dec. 2022 (57.25) to Dec. 2023 (58.89).
Landstar System Days Sales Outstanding Historical Data
The historical data trend for Landstar System'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.
For the Integrated Freight & Logistics subindustry, Landstar System'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.
Landstar System Days Sales Outstanding Distribution
For the Transportation industry and Industrials sector, Landstar System's Days Sales Outstanding distribution charts can be found below:
* The bar in red indicates where Landstar System's Days Sales Outstanding falls into.
Landstar System 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.
* 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.
Landstar System (NAS:LSTR) Days Sales Outstanding Explanation
For retailers, when we compare Days Sales Outstanding, it is important to compare the same period in the previous years.
Landstar System Days Sales Outstanding Related Terms
Thank you for viewing the detailed overview of Landstar System's Days Sales Outstanding provided by GuruFocus.com. Please click on the following links to see related term pages.
Landstar System (Landstar System) Business Description
Landstar System is an agent based asset-light third-party logistics provider focused on domestic truck brokerage (90% of revenue). Historically, roughly half of its truck transportation freight is hauled by leased owner-operators with the remainder hauled by third-party broker-carriers. To a smaller degree, it offers intermodal, global air and ocean forwarding, and warehousing services. Landstar also runs a small business that offers insurance programs to captive owner-operators. It has a long history of industry-leading execution and operating profitability.
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