Live Nation Entertainment (BSP:L1YV34) Days Sales Outstanding : 51.82 (As of Mar. 2024)

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What is Live Nation Entertainment Days Sales Outstanding?

Live Nation Entertainment's average Accounts Receivable for the three months ended in Mar. 2024 was R$10,746 Mil. Live Nation Entertainment's Revenue for the three months ended in Mar. 2024 was R$18,921 Mil. Hence, Live Nation Entertainment's Days Sales Outstanding for the three months ended in Mar. 2024 was 51.82.

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

BSP:L1YV34' s Days Sales Outstanding Range Over the Past 10 Years
Min: 21.96 Med: 27 Max: 145.25
Current: 32.41

During the past 13 years, Live Nation Entertainment's highest Days Sales Outstanding was 145.25. The lowest was 21.96. And the median was 27.00.

BSP:L1YV34's Days Sales Outstanding is ranked better than
83.56% of 1022 companies
in the Media - Diversified industry
Industry Median: 69.425 vs BSP:L1YV34: 32.41

Live Nation Entertainment's Days Sales Outstanding increased from Mar. 2023 (45.71) to Mar. 2024 (51.82).

Live Nation Entertainment Days Sales Outstanding Historical Data

The historical data trend for Live Nation Entertainment'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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Live Nation Entertainment Days Sales Outstanding Chart

Live Nation Entertainment Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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28.12

125.54

43.94

28.61

29.18

Live Nation Entertainment Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Sales Outstanding	Get a 7-Day Free Trial															45.71	29.72	24.40	35.88	51.82

Competitive Comparison of Live Nation Entertainment's Days Sales Outstanding

For the Entertainment subindustry, Live Nation Entertainment'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.

Live Nation Entertainment's Days Sales Outstanding Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Live Nation Entertainment's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Live Nation Entertainment's Days Sales Outstanding falls into.

Live Nation Entertainment 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.

Live Nation Entertainment'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
=	( (7686.52	+	10137.951)	/	2 )	/	111465.908	*	365
=	8912.2355					/	111465.908	*	365
=	29.18

Live Nation Entertainment's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

	Days Sales Outstanding (Q: Mar. 2024 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Dec. 2023 )	+	Accounts Receivable (A: Mar. 2024 ))	/	count )	/	Revenue (A: Mar. 2024 )	*	Days in Period
=	( (10137.951	+	11353.476)	/	2 )	/	18920.895	*	365 / 4
=	10745.7135					/	18920.895	*	365 / 4
=	51.82

Live Nation Entertainment (BSP:L1YV34) Days Sales Outstanding Explanation

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

Live Nation Entertainment Days Sales Outstanding Related Terms

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Live Nation Entertainment (BSP:L1YV34) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Live Nation Entertainment Inc (BSP:L1YV34) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

LYV:USA LYV:Mexico 3LN:Germany

Address

9348 Civic Center Drive, Beverly Hills, CA, USA, 90210

Website

https://www.livenationentertainment.com

Live Nation is the largest live entertainment firm in the world with over 670 million fans served in 48 countries in 2022 by the company's concert and ticketing platforms. Via either owning, operating, or holding exclusive booking rights, Live Nation controls over 338 venues including the House of Blues. Live Nation also owns one of the largest ticketing services, Ticketmaster, which sold over 550 million tickets for over 12,000 clients in 2022. Its artist management agencies have over 400 clients. This large live entertainment footprint helped Live Nation become one of the largest advertising and sponsorship platforms aimed at music fans. Liberty Media owns 31% of Live Nation, held under its Sirius XM tracking stock. Liberty plans to spin off its stake into a dedicated tracking stock.

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