The Lion Electric Co (The Lion Electric Co) Days Sales Outstanding : 101.23 (As of Mar. 2024)

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What is The Lion Electric Co Days Sales Outstanding?

The Lion Electric Co's average Accounts Receivable for the three months ended in Mar. 2024 was $61.5 Mil. The Lion Electric Co's Revenue for the three months ended in Mar. 2024 was $55.5 Mil. Hence, The Lion Electric Co's Days Sales Outstanding for the three months ended in Mar. 2024 was 101.23.

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

LEV' s Days Sales Outstanding Range Over the Past 10 Years
Min: 47.97 Med: 86.22 Max: 135.45
Current: 115.63

During the past 5 years, The Lion Electric Co's highest Days Sales Outstanding was 135.45. The lowest was 47.97. And the median was 86.22.

LEV's Days Sales Outstanding is ranked worse than
71.63% of 208 companies
in the Farm & Heavy Construction Machinery industry
Industry Median: 72.885 vs LEV: 115.63

The Lion Electric Co's Days Sales Outstanding increased from Mar. 2023 (95.79) to Mar. 2024 (101.23).

The Lion Electric Co Days Sales Outstanding Historical Data

The historical data trend for The Lion Electric Co'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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The Lion Electric Co Days Sales Outstanding Chart

The Lion Electric Co Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

135.45

107.73

66.60

47.74

The Lion Electric Co Quarterly Data
	Dec19	May20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Sales Outstanding	Get a 7-Day Free Trial												95.79	138.08	107.28	108.07	101.23

Competitive Comparison of The Lion Electric Co's Days Sales Outstanding

For the Farm & Heavy Construction Machinery subindustry, The Lion Electric Co'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.

The Lion Electric Co's Days Sales Outstanding Distribution in the Farm & Heavy Construction Machinery Industry

For the Farm & Heavy Construction Machinery industry and Industrials sector, The Lion Electric Co's Days Sales Outstanding distribution charts can be found below:

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

The Lion Electric Co 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.

The Lion Electric Co'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
=	( (25.685	+	40.622)	/	2 )	/	253.496	*	365
=	33.1535					/	253.496	*	365
=	47.74

The Lion Electric Co's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

	Days Sales Outstanding (Q: Mar. 2024 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Dec. 2023 )	+	Accounts Receivable (A: Mar. 2024 ))	/	count )	/	Revenue (A: Mar. 2024 )	*	Days in Period
=	( (40.622	+	82.472)	/	2 )	/	55.481	*	365 / 4
=	61.547					/	55.481	*	365 / 4
=	101.23

The Lion Electric Co (NYSE:LEV) Days Sales Outstanding Explanation

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

The Lion Electric Co Days Sales Outstanding Related Terms

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The Lion Electric Co (The Lion Electric Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Farm & Heavy Construction Machinery » The Lion Electric Co (NYSE:LEV) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

70U:Germany LEV:Canada

Address

921 chemin de la Riviere-du-Nord, Saint-Jerome, QC, CAN, J7Y 5G2

Website

https://www.thelionelectric.com

The Lion Electric Co. includes designing, developing, manufacturing and distributing purpose-built all-electric medium and heavy-duty urban vehicles including battery systems, chassis, bus bodies and truck cabins. The Group also distributes truck and bus parts and accessories. The Group has one reportable operating segment, the manufacturing and sales of electric vehicles in Canada and in the United States. Geographically, the majority of revenue is generated from Canada.