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Legg Mason (Legg Mason) Days Sales Outstanding : 55.77 (As of Jun. 2020)


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What is Legg Mason Days Sales Outstanding?

Legg Mason's average Accounts Receivable for the three months ended in Jun. 2020 was $407 Mil. Legg Mason's Revenue for the three months ended in Jun. 2020 was $666 Mil. Hence, Legg Mason's Days Sales Outstanding for the three months ended in Jun. 2020 was 55.77.

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

LM' s Days Sales Outstanding Range Over the Past 10 Years
Min: 41.51   Med: 47.93   Max: 56.66
Current: 54.42

During the past 13 years, Legg Mason's highest Days Sales Outstanding was 56.66. The lowest was 41.51. And the median was 47.93.

LM's Days Sales Outstanding is not ranked
in the Asset Management industry.
Industry Median: 50.43 vs LM: 54.42

Legg Mason's Days Sales Outstanding increased from Jun. 2019 (55.03) to Jun. 2020 (55.77).


Legg Mason Days Sales Outstanding Historical Data

The historical data trend for Legg Mason'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.

Legg Mason Days Sales Outstanding Chart

Legg Mason Annual Data
Trend Mar11 Mar12 Mar13 Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20
Days Sales Outstanding
Get a 7-Day Free Trial Premium Member Only Premium Member Only 48.24 48.56 52.81 56.64 52.05

Legg Mason Quarterly Data
Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20
Days Sales Outstanding Get a 7-Day Free Trial 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 55.03 54.05 55.50 55.14 55.77

Competitive Comparison of Legg Mason's Days Sales Outstanding

For the Asset Management subindustry, Legg Mason'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.


Legg Mason's Days Sales Outstanding Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Legg Mason's Days Sales Outstanding distribution charts can be found below:

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



Legg Mason 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.

Legg Mason's Days Sales Outstanding for the fiscal year that ended in Mar. 2020 is calculated as

Days Sales Outstanding (A: Mar. 2020 )
=Average Accounts Receivable /Revenue*Days in Period
=( (Accounts Receivable (A: Mar. 2019 ) + Accounts Receivable (A: Mar. 2020 )) / count ) / Revenue (A: Mar. 2020 )*Days in Period
=( (425.47 + 407.893) / 2 ) / 2922.125*365
=416.6815 / 2922.125*365
=52.05

Legg Mason's Days Sales Outstanding for the quarter that ended in Jun. 2020 is calculated as:

Days Sales Outstanding (Q: Jun. 2020 )
=Average Accounts Receivable /Revenue*Days in Period
=( (Accounts Receivable (A: Mar. 2020 ) + Accounts Receivable (A: Jun. 2020 )) / count ) / Revenue (A: Jun. 2020 )*Days in Period
=( (407.893 + 406.411) / 2 ) / 666.186*365 / 4
=407.152 / 666.186*365 / 4
=55.77

* 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.


Legg Mason  (NYSE:LM) Days Sales Outstanding Explanation

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


Legg Mason Days Sales Outstanding Related Terms

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Legg Mason (Legg Mason) Business Description

Traded in Other Exchanges
N/A
Address
100 International Drive, Baltimore, MD, USA, 21202-1099
Legg Mason provides investment management services for institutional and individual investors. The firm had $783.4 billion in managed assets at the end of June, spread among its equity (25% of total AUM), fixed-income (57%), alternatives (9%), and money market (9%) investment platforms. Legg Mason uses a multiaffiliate business model, with its single- largest affiliate, Western Asset Management, accounting for more than 60% of managed assets. Other major affiliates include ClearBridge Investments (more than 15% of AUM), Brandywine (less than 10%), and Clarion Partners (less than 10%). The remaining affiliates--Martin Currie, Royce & Associates, EnTrustPermal, QS Investors, and RARE Infrastructure--each account for 2% or less of Legg Mason's managed assets.

Legg Mason (Legg Mason) Headlines

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