Lynch Group Holdings (ASX:LGL) Days Sales Outstanding : 23.02 (As of Dec. 2023)

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What is Lynch Group Holdings Days Sales Outstanding?

Lynch Group Holdings's average Accounts Receivable for the six months ended in Dec. 2023 was A$23.5 Mil. Lynch Group Holdings's Revenue for the six months ended in Dec. 2023 was A$186.6 Mil. Hence, Lynch Group Holdings's Days Sales Outstanding for the six months ended in Dec. 2023 was 23.02.

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

ASX:LGL' s Days Sales Outstanding Range Over the Past 10 Years
Min: 19.63 Med: 21.3 Max: 25.07
Current: 21.39

During the past 3 years, Lynch Group Holdings's highest Days Sales Outstanding was 25.07. The lowest was 19.63. And the median was 21.30.

ASX:LGL's Days Sales Outstanding is ranked better than
76.61% of 1838 companies
in the Consumer Packaged Goods industry
Industry Median: 39.145 vs ASX:LGL: 21.39

Lynch Group Holdings's Days Sales Outstanding declined from Dec. 2022 (23.08) to Dec. 2023 (23.02).

Lynch Group Holdings Days Sales Outstanding Historical Data

The historical data trend for Lynch 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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Lynch Group Holdings Days Sales Outstanding Chart

Lynch Group Holdings Annual Data

Trend

Jun21

Jun22

Jun23

Days Sales Outstanding

25.07

21.30

19.63

Lynch Group Holdings Semi-Annual Data
	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Sales Outstanding	Get a 7-Day Free Trial			25.34	23.05	23.08	18.63	23.02

Competitive Comparison of Lynch Group Holdings's Days Sales Outstanding

For the Farm Products subindustry, Lynch 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.

Lynch Group Holdings's Days Sales Outstanding Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Lynch Group Holdings's Days Sales Outstanding distribution charts can be found below:

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

Lynch 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.

Lynch Group Holdings's Days Sales Outstanding for the fiscal year that ended in Jun. 2023 is calculated as

	Days Sales Outstanding (A: Jun. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Jun. 2022 )	+	Accounts Receivable (A: Jun. 2023 ))	/	count )	/	Revenue (A: Jun. 2023 )	*	Days in Period
=	( (22.152	+	20.371)	/	2 )	/	395.265	*	365
=	21.2615					/	395.265	*	365
=	19.63

Lynch Group 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: Jun. 2023 )	+	Accounts Receivable (A: Dec. 2023 ))	/	count )	/	Revenue (A: Dec. 2023 )	*	Days in Period
=	( (20.371	+	26.704)	/	2 )	/	186.579	*	365 / 2
=	23.5375					/	186.579	*	365 / 2
=	23.02

Lynch Group Holdings (ASX:LGL) Days Sales Outstanding Explanation

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

Lynch Group Holdings Days Sales Outstanding Related Terms

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Lynch Group Holdings (ASX:LGL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Lynch Group Holdings Ltd (ASX:LGL) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

8b Williamson Road, Ingleburn, Sydney, NSW, AUS, 2565

Website

https://www.lynchgroup.com.au

Lynch Group Holdings Ltd is a vertically integrated wholesale floral company whose farms cover the entire process of planting, growing, merchandising, and selling flowers and potted plants to major supermarket chains and commercial outlets throughout Australia and China. The Group is organized into two operating segments Australia, which operates a vertically integrated production farm and wholesale operation in Australia; and China segment, which segment operates a production farm and distribution operation in China, primarily supplying the domestic China market as well as the Australian segment. The company generates the majority of its revenue from the Australia segment.