Latitude Group Holdings (ASX:LFS) Days Sales Outstanding : 1,028.10 (As of Dec. 2024)

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What is Latitude Group Holdings Days Sales Outstanding?

Latitude Group Holdings's average Accounts Receivable for the six months ended in Dec. 2024 was A$3,051 Mil. Latitude Group Holdings's Revenue for the six months ended in Dec. 2024 was A$542 Mil. Hence, Latitude Group Holdings's Days Sales Outstanding for the six months ended in Dec. 2024 was 1,028.10.

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

ASX:LFS' s Days Sales Outstanding Range Over the Past 10 Years
Min: 1048.51 Med: 2310.26 Max: 2310.26
Current: 1048.51

During the past 5 years, Latitude Group Holdings's highest Days Sales Outstanding was 2310.26. The lowest was 1048.51. And the median was 2310.26.

ASX:LFS's Days Sales Outstanding is ranked worse than
90.22% of 276 companies
in the Credit Services industry
Industry Median: 43.305 vs ASX:LFS: 1048.51

Latitude Group Holdings's Days Sales Outstanding increased from Dec. 2023 (0.00) to Dec. 2024 (1,028.10).

Latitude Group Holdings Days Sales Outstanding Historical Data

The historical data trend for Latitude Group 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.

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Latitude Group Holdings Days Sales Outstanding Chart

Latitude Group Holdings Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Dec24

Days Sales Outstanding

2,310.26

Latitude Group Holdings Semi-Annual Data
	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24
Days Sales Outstanding	Get a 7-Day Free Trial				1,309.27	1,137.22	-	1,066.51	1,028.10

Competitive Comparison of Latitude Group Holdings's Days Sales Outstanding

For the Credit Services subindustry, Latitude Group 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.

Latitude Group Holdings's Days Sales Outstanding Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, Latitude Group Holdings's Days Sales Outstanding distribution charts can be found below:

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

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Latitude Group 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.

Latitude Group Holdings's Days Sales Outstanding for the fiscal year that ended in Dec. 2024 is calculated as

	Days Sales Outstanding (A: Dec. 2024 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Dec. 2023 )	+	Accounts Receivable (A: Dec. 2024 ))	/	count )	/	Revenue (A: Dec. 2024 )	*	Days in Period
=	( (0	+	0)	/	1 )	/	1063.5	*	365
=	0					/	1063.5	*	365
=	0.00

Latitude Group Holdings's Days Sales Outstanding for the quarter that ended in Dec. 2024 is calculated as:

	Days Sales Outstanding (Q: Dec. 2024 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Jun. 2024 )	+	Accounts Receivable (A: Dec. 2024 ))	/	count )	/	Revenue (A: Dec. 2024 )	*	Days in Period
=	( (3050.5	+	0)	/	1 )	/	541.5	*	365 / 2
=	3050.5					/	541.5	*	365 / 2
=	1,028.10

Latitude Group Holdings (ASX:LFS) Days Sales Outstanding Explanation

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

Latitude Group Holdings Days Sales Outstanding Related Terms

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Latitude Group Holdings Business Description

Industry

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Comparable Companies

Traded in Other Exchanges

N/A

Address

130 Lonsdale Street, Level 18, Melbourne, VIC, AUS, 3000

Website

https://www.latitudefinancial.com.au

Latitude Group Holdings Ltd is engaged in the instalments and lending business. Its segments include Australia and New Zealand Pay (A&NZ Pay), Australia and New Zealand Money (A&NZ Money), and Other. The A&NZ Pay segment provides sales finance and credit cards. The A&NZ Money segment offers personal loans and motor loans. The Other segment includes other business activities. It provides payment and finance solutions to merchants and their customers. Customers are provided choice and flexibility, ranging from small everyday purchases to monthly or flexible payment plans for bigger purchases and travel credit cards. These services are offered in Australia, New Zealand, and Asia.