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Lantronix (Lantronix) Days Sales Outstanding

: 74.51 (As of Dec. 2023)
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Lantronix's average Accounts Receivable for the three months ended in Dec. 2023 was $30.2 Mil. Lantronix's Revenue for the three months ended in Dec. 2023 was $37.0 Mil. Hence, Lantronix's Days Sales Outstanding for the three months ended in Dec. 2023 was 74.51.

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

LTRX' s Days Sales Outstanding Range Over the Past 10 Years
Min: 25.52   Med: 38   Max: 75.04
Current: 74.85

During the past 13 years, Lantronix's highest Days Sales Outstanding was 75.04. The lowest was 25.52. And the median was 38.00.

LTRX's Days Sales Outstanding is ranked better than
50.49% of 2456 companies
in the Hardware industry
Industry Median: 75.235 vs LTRX: 74.85

Lantronix's Days Sales Outstanding declined from Dec. 2022 (78.70) to Dec. 2023 (74.51).


Lantronix Days Sales Outstanding Historical Data

The historical data trend for Lantronix'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.

Lantronix Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Days Sales Outstanding
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 45.27 57.30 63.64 55.99 75.04

Lantronix 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 78.70 73.75 69.62 79.82 74.51

Competitive Comparison

For the Communication Equipment subindustry, Lantronix'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.


Lantronix Days Sales Outstanding Distribution

For the Hardware industry and Technology sector, Lantronix's Days Sales Outstanding distribution charts can be found below:

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



Lantronix 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.

Lantronix'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
=( (26.262 + 27.682) / 2 ) / 131.189*365
=26.972 / 131.189*365
=75.04

Lantronix'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
=( (30.105 + 30.381) / 2 ) / 37.038*365 / 4
=30.243 / 37.038*365 / 4
=74.51

* 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.


Lantronix  (NAS:LTRX) Days Sales Outstanding Explanation

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


Lantronix Days Sales Outstanding Related Terms

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Lantronix (Lantronix) Business Description

Traded in Other Exchanges
N/A
Address
48 Discovery, Suite 250, Irvine, CA, USA, 92618
Lantronix Inc is a networking company. It provides secure data access and management solutions for the Internet of Things (IoT) and information technology assets. It organizes its products and solutions into three product lines named as IoT Solutions, IoT System Solutions, and Software & Services. Embedded IoT solution segment is the key revenue driver for the company. The company serves a diverse range of markets including healthcare, industrial, security, energy, transportation, and government networking. Its primary geographic markets are the Americas, Europe, the Middle East and Africa, and Asia Pacific Japan. The Americas contribute the vast majority of total revenue.
Executives
Philip G Brace director LSI LOGIC CORP, 1621 BARBER LANE, MILPITAS CA 95035
Eric Bass officer: VP of Engineering 48 DISCOVERY, SUITE 250, IRVINE CA 92618
Hoshi Printer director C/O LANTRONIX, INC., 7535 IRVINE CENTER DRIVE, SUITE 100, IRVINE CA 92518
Paul F Folino director ONE ENTERPRISE, ALISO VIEJO CA 92656
Jason Cohenour director 47669 FREMONT BLVD, FREMONT CA 94538
Phu Hoang director 48 DISCOVERY, SUITE 250, IRVINE CA 92618
Jeremy Whitaker officer: Chief Financial Officer and Co 15353 BARRANCA PARKWAY, IRVINE CA 92618
Paul H Pickle director, officer: President & CEO 200 FLYNN ROAD, CAMARILLO CA 93012
Fathi Hakam officer: Vice President of Engineering 7535 IRVINE CENTER DRIVE, SUITE 100, IRVINE CA 92618
Roger Holliday officer: VP of Worldwide Sales 7535 IRVINE CENTER DRIVE, SUITE 100, IRVINE CA 92618
Heidi Nguyen director C/O LANTRONIX, 7535 IRVINE CENTER DRIVE, SUITE 100, IRVINE CA IRVINE
Bernhard Bruscha director, 10 percent owner LANTRONIX INC, 7535 IRVINE CENTER DRIVE, SUITE 100, IRVINE CA 92618
Hale Martin M Jr director, 10 percent owner
Margaret A Evashenk director EMULEX CORPORATION, 3333 SUSAN STREET, COSTA MESA CA 92626
Kevin Yoder officer: VP of Worldwide Sales 7535 IRVINE CENTER DRIVE, SUITE 100, IRVINE CA 92618