Latch's average Accounts Receivable for the
three
months ended in Mar. 2022 was $27.30 Mil. Latch's Revenue for the
three
months ended in Mar. 2022 was $13.66 Mil.
Hence, Latch's Days Sales Outstanding for the
three
months ended in Mar. 2022 was 182.46.
The historical rank and industry rank for Latch's Days Sales Outstanding or its related term are showing as below:
LTCH's Days Sales Outstanding is not ranked *
in the Software industry.
Industry Median: 62.195 * Ranked among companies with meaningful Days Sales Outstanding only.
Latch's Days Sales Outstanding
increased
from Mar. 2021 (113.25) to Mar. 2022 (182.46).
Latch Days Sales Outstanding Historical Data
The historical data trend for Latch'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.
Competitive Comparison of Latch's Days Sales Outstanding
For the Software - Application subindustry, Latch'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.
Latch's Days Sales Outstanding Distribution in the Software Industry
For the Software industry and Technology sector, Latch's Days Sales Outstanding distribution charts can be found below:
* The bar in red indicates where Latch's Days Sales Outstanding falls into.
Latch 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.
Latch (OTCPK:LTCH) Days Sales Outstanding Explanation
For retailers, when we compare Days Sales Outstanding, it is important to compare the same period in the previous years.
Latch Days Sales Outstanding Related Terms
Thank you for viewing the detailed overview of Latch's Days Sales Outstanding provided by GuruFocus.com. Please click on the following links to see related term pages.
Latch Inc makes spaces better places to live, work, and visit through a system of software, devices, and services. It specializes in keyless entry security systems to open and manage every door in an apartment building from a smartphone. LatchOS enables spaces across North America, including in 44 states and Canada, from affordable housing in Baltimore, to historic buildings in Manhattan, to luxury towers in the Midwest. Latch works with real estate developers, large and small, ranging from the largest real estate companies in the world to passionate local owners.
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