Lazard's average Accounts Receivable for the
three
months ended in Dec. 2023 was $697 Mil. Lazard's Revenue for the
three
months ended in Dec. 2023 was $819 Mil.
Hence, Lazard's Days Sales Outstanding for the
three
months ended in Dec. 2023 was 77.70.
The historical rank and industry rank for Lazard's Days Sales Outstanding or its related term are showing as below:
LAZ'
s Days Sales Outstanding Range Over the Past 10 Years
Min: 79.89 Med: 86.81 Max: 101.23
Current: 97.86
During the past 13 years, Lazard's highest Days Sales Outstanding was 101.23. The lowest was 79.89. And the median was 86.81.
LAZ's Days Sales Outstanding is ranked worse than 59.93% of 559
companies
in the Capital Markets industry
Industry Median: 62.85
vs LAZ: 97.86
Lazard's Days Sales Outstanding
declined
from Dec. 2022 (88.73) to Dec. 2023 (77.70).
Lazard Days Sales Outstanding Historical Data
The historical data trend for Lazard'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.
* Premium members only.
Lazard Annual Data
Trend
Dec14
Dec15
Dec16
Dec17
Dec18
Dec19
Dec20
Dec21
Dec22
Dec23
Days Sales Outstanding
92.84
97.17
86.49
94.20
101.23
Lazard 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
88.73
112.20
96.15
112.14
77.70
Competitive Comparison
For the Capital Markets subindustry, Lazard'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.
Lazard Days Sales Outstanding Distribution
For the Capital Markets industry and Financial Services sector, Lazard's Days Sales Outstanding distribution charts can be found below:
* The bar in red indicates where Lazard's Days Sales Outstanding falls into.
Lazard 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.
Lazard (NYSE:LAZ) Days Sales Outstanding Explanation
For retailers, when we compare Days Sales Outstanding, it is important to compare the same period in the previous years.
Lazard Days Sales Outstanding Related Terms
Thank you for viewing the detailed overview of Lazard's Days Sales Outstanding provided by GuruFocus.com. Please click on the following links to see related term pages.
Lazard has a storied history that can be traced back to 1848. The company's revenue is nearly equally split between financial advisory, such as acquisition and restructuring advisory, and asset management. The company's asset management business is primarily equities (over 80% of assets under management), has an international focus, and is geared toward institutional clients. By geography, the company earns approximately 60% of revenue in the Americas, 35% in EMEA, and 5% in Asia-Pacific. Lazard has offices across more than 20 countries and over 3,000 employees.
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