Life Storage's average Accounts Receivable for the
three
months ended in Mar. 2023 was $24 Mil. Life Storage's Revenue for the
three
months ended in Mar. 2023 was $261 Mil.
Hence, Life Storage's Days Sales Outstanding for the
three
months ended in Mar. 2023 was 8.30.
The historical rank and industry rank for Life Storage's Days Sales Outstanding or its related term are showing as below:
LSI'
s Days Sales Outstanding Range Over the Past 10 Years
Min: 4.81 Med: 6.64 Max: 8.65
Current: 7.78
During the past 13 years, Life Storage's highest Days Sales Outstanding was 8.65. The lowest was 4.81. And the median was 6.64.
LSI's Days Sales Outstanding is not ranked
in the REITs industry.
Industry Median: 22.29
vs LSI: 7.78
Life Storage's Days Sales Outstanding
increased
from Mar. 2022 (7.37) to Mar. 2023 (8.30).
Life Storage Days Sales Outstanding Historical Data
The historical data trend for Life Storage'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.
Competitive Comparison of Life Storage's Days Sales Outstanding
For the REIT - Industrial subindustry, Life Storage'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.
Life Storage's Days Sales Outstanding Distribution in the REITs Industry
For the REITs industry and Real Estate sector, Life Storage's Days Sales Outstanding distribution charts can be found below:
* The bar in red indicates where Life Storage's Days Sales Outstanding falls into.
Life Storage 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.
Life Storage (NYSE:LSI) Days Sales Outstanding Explanation
For retailers, when we compare Days Sales Outstanding, it is important to compare the same period in the previous years.
Life Storage Days Sales Outstanding Related Terms
Thank you for viewing the detailed overview of Life Storage's Days Sales Outstanding provided by GuruFocus.com. Please click on the following links to see related term pages.
Life Storage Inc (which was rebranded from Sovran Self Storage, Inc in 2016) is a fully integrated, real estate investment trust that acquires and manages self-storage properties throughout the United States. The company operates under the brand names Life Storage. Approximately under half of the company's revenue is derived from stores in the states of Texas and Florida. The remainder of sales is distributed across the United States. The company's operations in rental income from customers renting storage space on a month-to-month basis generate a majority of operating revenue. The company also offers storage to both individuals of commercial renters and has special storage units available for vehicles and wine.
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