Lanka IOC (COL:LIOC.N0000) Days Sales Outstanding : 11.86 (As of Mar. 2024)

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What is Lanka IOC Days Sales Outstanding?

Lanka IOC's average Accounts Receivable for the three months ended in Mar. 2024 was රු9,759 Mil. Lanka IOC's Revenue for the three months ended in Mar. 2024 was රු75,101 Mil. Hence, Lanka IOC's Days Sales Outstanding for the three months ended in Mar. 2024 was 11.86.

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

COL:LIOC.N0000' s Days Sales Outstanding Range Over the Past 10 Years
Min: 5.5 Med: 10.13 Max: 16.84
Current: 13.14

During the past 13 years, Lanka IOC's highest Days Sales Outstanding was 16.84. The lowest was 5.50. And the median was 10.13.

COL:LIOC.N0000's Days Sales Outstanding is ranked better than
90.05% of 935 companies
in the Oil & Gas industry
Industry Median: 48.8 vs COL:LIOC.N0000: 13.14

Lanka IOC's Days Sales Outstanding increased from Mar. 2023 (10.20) to Mar. 2024 (11.86).

Lanka IOC Days Sales Outstanding Historical Data

The historical data trend for Lanka IOC'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.

Lanka IOC Days Sales Outstanding Chart

Lanka IOC Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Days Sales Outstanding

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13.69

16.84

13.29

5.50

9.34

Lanka IOC 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															10.20	16.61	17.32	11.75	11.86

Competitive Comparison of Lanka IOC's Days Sales Outstanding

For the Oil & Gas Refining & Marketing subindustry, Lanka IOC'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.

Lanka IOC's Days Sales Outstanding Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Lanka IOC's Days Sales Outstanding distribution charts can be found below:

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

Lanka IOC 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.

Lanka IOC's Days Sales Outstanding for the fiscal year that ended in Mar. 2024 is calculated as

	Days Sales Outstanding (A: Mar. 2024 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Mar. 2023 )	+	Accounts Receivable (A: Mar. 2024 ))	/	count )	/	Revenue (A: Mar. 2024 )	*	Days in Period
=	( (4514.979	+	8975.607)	/	2 )	/	263568.721	*	365
=	6745.293					/	263568.721	*	365
=	9.34

Lanka IOC'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
=	( (10543.034	+	8975.607)	/	2 )	/	75101.378	*	365 / 4
=	9759.3205					/	75101.378	*	365 / 4
=	11.86

Lanka IOC (COL:LIOC.N0000) Days Sales Outstanding Explanation

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

Lanka IOC Days Sales Outstanding Related Terms

Thank you for viewing the detailed overview of Lanka IOC's Days Sales Outstanding provided by GuruFocus.com. Please click on the following links to see related term pages.

Lanka IOC (COL:LIOC.N0000) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Lanka IOC PLC (COL:LIOC.N0000) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

World Trade Center, Level 20, West Tower, Echelon Square, Colombo, LKA, 01

Website

https://www.lankaioc.com

Lanka IOC PLC is engaged in importing, blending, distributing, and selling of petroleum products. Its product offering is divided into five divisions namely Autofuel, Lubricants, Bitumen, Bunkering, and Petrochemicals. The Company is dealing only in the Petroleum products. Some of its products are Diesel, Petrol, IFO 180 cst, Marine Gas Oil, Bitumen 60/70, Bitumen 80/100 and others. The company gets revenue from Lanka Petrol 92 Octane, Lanka Auto Diesel, Xtramile, Lanka Super Diesel, Xtrapremium Euro 3, Xtrapremium 95, Lubricants, Bunkering, Bitumen and Petrochemical.

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