Lassonde Industries (TSX:LAS.A) Days Sales Outstanding

: 28.52 (As of Dec. 2023)

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Lassonde Industries's average Accounts Receivable for the three months ended in Dec. 2023 was C$189 Mil. Lassonde Industries's Revenue for the three months ended in Dec. 2023 was C$605 Mil. Hence, Lassonde Industries's Days Sales Outstanding for the three months ended in Dec. 2023 was 28.52.

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

TSX:LAS.A' s Days Sales Outstanding Range Over the Past 10 Years
Min: 23.64 Med: 28.41 Max: 31.25
Current: 29.13

During the past 13 years, Lassonde Industries's highest Days Sales Outstanding was 31.25. The lowest was 23.64. And the median was 28.41.

TSX:LAS.A's Days Sales Outstanding is ranked better than
78.9% of 109 companies
in the Beverages - Non-Alcoholic industry
Industry Median: 42.07 vs TSX:LAS.A: 29.13

Lassonde Industries's Days Sales Outstanding declined from Dec. 2022 (30.04) to Dec. 2023 (28.52).

Lassonde Industries Days Sales Outstanding Historical Data

The historical data trend for Lassonde Industries'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.

Lassonde Industries Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

27.30

23.64

27.47

26.31

27.20

Lassonde Industries 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																30.04	29.77	29.99	30.22	28.52

Competitive Comparison

For the Beverages - Non-Alcoholic subindustry, Lassonde Industries'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.

Lassonde Industries Days Sales Outstanding Distribution

For the Beverages - Non-Alcoholic industry and Consumer Defensive sector, Lassonde Industries's Days Sales Outstanding distribution charts can be found below:

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

Lassonde Industries 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.

Lassonde Industries'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
=	( (164.822	+	180.226)	/	2 )	/	2314.949	*	365
=	172.524					/	2314.949	*	365
=	27.20

Lassonde Industries'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
=	( (197.817	+	180.226)	/	2 )	/	604.775	*	365 / 4
=	189.0215					/	604.775	*	365 / 4
=	28.52

Lassonde Industries (TSX:LAS.A) Days Sales Outstanding Explanation

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

Lassonde Industries Days Sales Outstanding Related Terms

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Lassonde Industries (TSX:LAS.A) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Beverages - Non-Alcoholic » Lassonde Industries Inc (TSX:LAS.A) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

LSDAF:USA 0OO:Germany

Address

755 Principale Street, Rougemont, QC, CAN, J0L 1M0

Website

https://www.lassonde.com

Lassonde Industries Inc is engaged in the development, manufacturing, and marketing of ready-to-drink fruit and vegetable juices and drinks. It also acts as a producer of store-brand shelf-stable fruit juices and drinks in the United States and a producer of cranberry sauces. The company operates through a single segment the development, manufacturing, and marketing of a wide range of ready-to-drink juices and drinks; frozen juice concentrates; and specialty food products; and the importation, packaging, and marketing of selected wines from several countries of origin. Lassonde has a presence in Canada and the United States. It earns the majority of the revenue in the United States.

Lassonde Industries (TSX:LAS.A) Headlines

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