LGI Homes (LGI Homes) Days Sales Outstanding

: 5.77 (As of Dec. 2023)

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LGI Homes's average Accounts Receivable for the three months ended in Dec. 2023 was $38 Mil. LGI Homes's Revenue for the three months ended in Dec. 2023 was $608 Mil. Hence, LGI Homes's Days Sales Outstanding for the three months ended in Dec. 2023 was 5.77.

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

LGIH' s Days Sales Outstanding Range Over the Past 10 Years
Min: 5.14 Med: 8.22 Max: 13.28
Current: 5.33

During the past 13 years, LGI Homes's highest Days Sales Outstanding was 13.28. The lowest was 5.14. And the median was 8.22.

LGIH's Days Sales Outstanding is ranked better than
82.47% of 97 companies
in the Homebuilding & Construction industry
Industry Median: 22.77 vs LGIH: 5.33

LGI Homes's Days Sales Outstanding declined from Dec. 2022 (5.85) to Dec. 2023 (5.77).

LGI Homes Days Sales Outstanding Historical Data

The historical data trend for LGI Homes'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.

LGI Homes Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

9.85

13.28

10.40

6.58

5.14

LGI Homes 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																5.85	4.40	4.95	6.19	5.77

Competitive Comparison

For the Residential Construction subindustry, LGI Homes'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.

LGI Homes Days Sales Outstanding Distribution

For the Homebuilding & Construction industry and Consumer Cyclical sector, LGI Homes's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where LGI Homes's Days Sales Outstanding falls into.

LGI Homes 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.

LGI Homes'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
=	( (25.143	+	41.319)	/	2 )	/	2358.58	*	365
=	33.231					/	2358.58	*	365
=	5.14

LGI Homes'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: Sep. 2023 )	+	Accounts Receivable (A: Dec. 2023 ))	/	count )	/	Revenue (A: Dec. 2023 )	*	Days in Period
=	( (35.651	+	41.319)	/	2 )	/	608.414	*	365 / 4
=	38.485					/	608.414	*	365 / 4
=	5.77

LGI Homes (NAS:LGIH) Days Sales Outstanding Explanation

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

LGI Homes Days Sales Outstanding Related Terms

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LGI Homes (LGI Homes) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Homebuilding & Construction » LGI Homes Inc (NAS:LGIH) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

LG1:Germany LG1:Germany

Address

1450 Lake Robbins Drive, Suite 430, The Woodlands, TX, USA, 77380

Website

https://www.lgihomes.com

LGI Homes Inc is engaged in the design, construction, and sale of new homes in markets. The company current product offerings include entry-level homes, including both detached homes and townhomes, and move-up homes sold, which are sold under LGI Homes brand, and luxury series homes, which are sold under the Terrata Homes brand. It offers a set number of floor plans in each community with features that include upgrades, such as granite countertops, appliances, and ceramic tile flooring.

Executives

Steven Randal Smith	director	1450 LAKE ROBBINS DRIVE, SUITE 430, THE WOODLANDS TX 77380
Michael Larry Snider	officer: See Remarks	1450 LAKE ROBBINS DRIVE, SUITE 430, THE WOODLANDS TX 77380
Eric Thomas Lipar	director, 10 percent owner, officer: Chief Executive Officer	1450 LAKE ROBBINS DRIVE, SUITE 430, THE WOODLANDS TX 77380
Scott James Garber	officer: General Counsel and Secretary	1450 LAKE ROBBINS DRIVE SUITE 430, THE WOODLANDS TX 77380
Ryan Edone	director	1450 LAKE ROBBINS DRIVE, SUITE 430, THE WOODLANDS X1 77380
Maria Renna Sharpe	director	11 EDWARDS COURT, MT. KISCO NY 10549
Charles Michael Merdian	director	1450 LAKE ROBBINS DRIVE, SUITE 430, THE WOODLANDS TX 77380
Rachel Lyons Eaton	officer: Chief Marketing Officer	1450 LAKE ROBBINS DRIVE, SUITE 430, THE WOODLANDS TX 77380
Jack Anthony Lipar	officer: See Remarks	1450 LAKE ROBBINS DRIVE, SUITE 430, THE WOODLANDS TX 77380
Shailee Parikh	director	27 N. ABERDEEN ST., UNIT 4S, CHICAGO IL 60607
Duncan S Gage	director	1450 LAKE ROBBINS DRIVE, SUITE 430, THE WOODLANDS TX 77380
Robert Karnig Vahradian	director	1450 LAKE ROBBINS DRIVE, SUITE 430, THE WOODLANDS TX 77380
Bryan Christopher Sansbury	director	1450 LAKE ROBBINS DRIVE, SUITE 430, THE WOODLANDS TX 77380
Laura Marie Miller	director	320 QUIET WATER LANE, ATLANTA GA 30350
Margaret Mary Britton	officer: Chief Administrative Officer	1450 LAKE ROBBINS DRIVE, SUITE 430, THE WOODLANDS TX 77380