Logistec (TSX:LGT.A) Days Sales Outstanding : 57.99 (As of Sep. 2023)

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What is Logistec Days Sales Outstanding?

Logistec's average Accounts Receivable for the three months ended in Sep. 2023 was C$195.2 Mil. Logistec's Revenue for the three months ended in Sep. 2023 was C$307.2 Mil. Hence, Logistec's Days Sales Outstanding for the three months ended in Sep. 2023 was 57.99.

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

TSX:LGT.A' s Days Sales Outstanding Range Over the Past 10 Years
Min: 54.33 Med: 67.13 Max: 73.57
Current: 70.57

During the past 13 years, Logistec's highest Days Sales Outstanding was 73.57. The lowest was 54.33. And the median was 67.13.

TSX:LGT.A's Days Sales Outstanding is not ranked
in the Transportation industry.
Industry Median: 45.79 vs TSX:LGT.A: 70.57

Logistec's Days Sales Outstanding declined from Sep. 2022 (63.49) to Sep. 2023 (57.99).

Logistec Days Sales Outstanding Historical Data

The historical data trend for Logistec'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.

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Logistec Days Sales Outstanding Chart

Logistec Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Days Sales Outstanding

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73.57

69.97

66.58

69.10

67.67

Logistec Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Days Sales Outstanding	Get a 7-Day Free Trial															63.49	66.26	92.91	67.71	57.99

Competitive Comparison of Logistec's Days Sales Outstanding

For the Marine Shipping subindustry, Logistec'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.

Logistec's Days Sales Outstanding Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Logistec's Days Sales Outstanding distribution charts can be found below:

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

Logistec 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.

Logistec's Days Sales Outstanding for the fiscal year that ended in Dec. 2022 is calculated as

	Days Sales Outstanding (A: Dec. 2022 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Dec. 2021 )	+	Accounts Receivable (A: Dec. 2022 ))	/	count )	/	Revenue (A: Dec. 2022 )	*	Days in Period
=	( (183.322	+	149.47)	/	2 )	/	897.565	*	365
=	166.396					/	897.565	*	365
=	67.67

Logistec's Days Sales Outstanding for the quarter that ended in Sep. 2023 is calculated as:

	Days Sales Outstanding (Q: Sep. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Jun. 2023 )	+	Accounts Receivable (A: Sep. 2023 ))	/	count )	/	Revenue (A: Sep. 2023 )	*	Days in Period
=	( (189.468	+	200.916)	/	2 )	/	307.15	*	365 / 4
=	195.192					/	307.15	*	365 / 4
=	57.99

Logistec (TSX:LGT.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.

Logistec Days Sales Outstanding Related Terms

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Logistec (TSX:LGT.A) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Logistec Corp (TSX:LGT.A) » Definitions » Days Sales Outstanding

Traded in Other Exchanges

LTKBF:USA LGT.B:Canada

Address

600 De La Gauchetiere Street West, 14th Floor, Montreal, QC, CAN, H3B 4L2

Website

https://www.logistec.com

Logistec Corp provides specialized cargo handling and other services to a wide variety of marine, industrial and municipal customers. It has cargo handling facilities in ports across North America and offers marine agency services to foreign shipowners and operators serving the Canadian market. The company is widely diversified on the basis of cargo type and port location with a balance between import and export activities. The company is organized and operate in two industry segments: Marine services, and Environmental services. The Marine Services Segment which is the key revenue-generating segment provides cargo handling and other services to marine and industrial customers. It has a business presence in Canada and the US.

Logistec (TSX:LGT.A) Headlines

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