LexinFintech Holdings (FRA:1LFA) Days Sales Outstanding : 122.99 (As of Sep. 2023)

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What is LexinFintech Holdings Days Sales Outstanding?

LexinFintech Holdings's average Accounts Receivable for the three months ended in Sep. 2023 was €607 Mil. LexinFintech Holdings's Revenue for the three months ended in Sep. 2023 was €451 Mil. Hence, LexinFintech Holdings's Days Sales Outstanding for the three months ended in Sep. 2023 was 122.99.

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

FRA:1LFA' s Days Sales Outstanding Range Over the Past 10 Years
Min: 131.91 Med: 283.28 Max: 523.83
Current: 160.32

During the past 9 years, LexinFintech Holdings's highest Days Sales Outstanding was 523.83. The lowest was 131.91. And the median was 283.28.

FRA:1LFA's Days Sales Outstanding is ranked worse than
71.1% of 263 companies
in the Credit Services industry
Industry Median: 42.35 vs FRA:1LFA: 160.32

LexinFintech Holdings's Days Sales Outstanding declined from Sep. 2022 (193.77) to Sep. 2023 (122.99).

LexinFintech Holdings Days Sales Outstanding Historical Data

The historical data trend for LexinFintech 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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LexinFintech Holdings Days Sales Outstanding Chart

LexinFintech Holdings Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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152.63

137.12

132.72

190.99

149.41

LexinFintech Holdings Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Sales Outstanding	Get a 7-Day Free Trial															192.97	182.93	164.24	122.99	107.10

Competitive Comparison of LexinFintech Holdings's Days Sales Outstanding

For the Credit Services subindustry, LexinFintech 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.

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

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

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

LexinFintech 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.

LexinFintech Holdings's Days Sales Outstanding for the fiscal year that ended in Dec. 2022 is calculated as

	Days Sales Outstanding (A: Dec. 2022 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Dec. 2021 )	+	Accounts Receivable (A: Dec. 2022 ))	/	count )	/	Revenue (A: Dec. 2022 )	*	Days in Period
=	( (531.682	+	866.308)	/	2 )	/	1335.876	*	365
=	698.995					/	1335.876	*	365
=	190.99

LexinFintech Holdings's Days Sales Outstanding for the quarter that ended in Sep. 2023 is calculated as:

	Days Sales Outstanding (Q: Sep. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Jun. 2023 )	+	Accounts Receivable (A: Sep. 2023 ))	/	count )	/	Revenue (A: Sep. 2023 )	*	Days in Period
=	( (663.053	+	551.451)	/	2 )	/	450.523	*	365 / 4
=	607.252					/	450.523	*	365 / 4
=	122.99

LexinFintech Holdings (FRA:1LFA) Days Sales Outstanding Explanation

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

LexinFintech Holdings Days Sales Outstanding Related Terms

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LexinFintech Holdings (FRA:1LFA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » LexinFintech Holdings Ltd (FRA:1LFA) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

LX:USA 1LFA:Germany

Address

No. 3099 Keyuan South Road, 27th Floor, China Energy Storage Tower, Nanshan District, Shenzhen, CHN, 518057

Website

http://ir.lexin.com

LexinFintech Holdings Ltd is an online consumer finance platform and a technology-driven service provider in China. The group is engaged in online direct sales services and online consumer financial services for its customers in China. It offers online direct sales with installment payment terms and offers installment purchase loans and personal installment loans mainly through its retail and online consumer finance platform www.fenqile.com, and its mobile application to young adults between the age of 18 and 36 in the People's Republic of China. The company also finances the loans with proceeds from partnering with peer-to-peer lending platforms, commercial banks, and other financial institutions. Geographically, it derives revenue from China.

LexinFintech Holdings (FRA:1LFA) Headlines

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