LG Electronics (XKRX:066570) Days Sales Outstanding

: 39.68 (As of Dec. 2023)

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LG Electronics's average Accounts Receivable for the three months ended in Dec. 2023 was ₩10,046,439 Mil. LG Electronics's Revenue for the three months ended in Dec. 2023 was ₩23,104,096 Mil. Hence, LG Electronics's Days Sales Outstanding for the three months ended in Dec. 2023 was 39.68.

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

XKRX:066570' s Days Sales Outstanding Range Over the Past 10 Years
Min: 35.82 Med: 42.89 Max: 47.72
Current: 40.49

During the past 13 years, LG Electronics's highest Days Sales Outstanding was 47.72. The lowest was 35.82. And the median was 42.89.

XKRX:066570's Days Sales Outstanding is ranked better than
86.69% of 2456 companies
in the Hardware industry
Industry Median: 75.235 vs XKRX:066570: 40.49

LG Electronics's Days Sales Outstanding declined from Dec. 2022 (39.90) to Dec. 2023 (39.68).

LG Electronics Days Sales Outstanding Historical Data

The historical data trend for LG Electronics'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.

LG Electronics Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

37.29

42.48

37.83

35.82

37.88

LG Electronics 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																39.90	38.30	42.01	44.77	39.68

Competitive Comparison

For the Consumer Electronics subindustry, LG Electronics'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.

LG Electronics Days Sales Outstanding Distribution

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

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

LG Electronics 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.

LG Electronics'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
=	( (8216512	+	9265022)	/	2 )	/	84227765	*	365
=	8740767					/	84227765	*	365
=	37.88

LG Electronics'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
=	( (10827856	+	9265022)	/	2 )	/	23104096	*	365 / 4
=	10046439					/	23104096	*	365 / 4
=	39.68

LG Electronics (XKRX:066570) Days Sales Outstanding Explanation

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

LG Electronics Days Sales Outstanding Related Terms

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LG Electronics (XKRX:066570) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » LG Electronics Inc (XKRX:066570) » Definitions » Days Sales Outstanding

Traded in Other Exchanges

066575:Korea LGLD:UK LGLG:Germany

Address

Twin Tower 128, Yeoui-daero, Yeongdeungpo-gu, Seoul, KOR, 07336

Website

https://www.lge.co.kr

LG Electronics Inc is a South Korea-based company that produces a broad range of electronic products. Its businesses are the home entertainment segment, which produces and sells TVs and digital media products; the mobile communications segment, which produces and sells mobile communications equipment; the home appliance and air solutions segment, which produces and sells washing machines, refrigerators, and other products; the vehicle components segment, which designs and produces vehicle parts; the business solutions segment, which manufactures and sells PCs, solar panels, and other products; and Innotek, which sells substrates, sensors, and other items. The company generates the majority of total revenue from the home entertainment and home appliance and air solutions segments.

LG Electronics (XKRX:066570) Headlines

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