Loop Industries (FRA:3L9) Days Sales Outstanding : 0.00 (As of Aug. 2024)

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What is Loop Industries Days Sales Outstanding?

Loop Industries's average Accounts Receivable for the three months ended in Aug. 2024 was €0.00 Mil. Loop Industries's Revenue for the three months ended in Aug. 2024 was €0.02 Mil. Hence, Loop Industries's Days Sales Outstanding for the three months ended in Aug. 2024 was 0.00.

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

FRA:3L9's Days Sales Outstanding is not ranked ^*
in the Chemicals industry.
Industry Median: 65.15
* Ranked among companies with meaningful Days Sales Outstanding only.

Loop Industries's Days Sales Outstanding stayed the same from Aug. 2023 (0.00) to Aug. 2024 (0.00).

Loop Industries Days Sales Outstanding Historical Data

The historical data trend for Loop 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.

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Loop Industries Days Sales Outstanding Chart

Loop Industries Annual Data

Trend

Feb15

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Days Sales Outstanding

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Loop Industries Quarterly Data
	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24	May24	Aug24
Days Sales Outstanding	Get a 7-Day Free Trial															-	-	-	-	-

Competitive Comparison of Loop Industries's Days Sales Outstanding

For the Specialty Chemicals subindustry, Loop 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.

Loop Industries's Days Sales Outstanding Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Loop Industries's Days Sales Outstanding distribution charts can be found below:

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

Loop 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.

Loop Industries's Days Sales Outstanding for the fiscal year that ended in Feb. 2024 is calculated as

	Days Sales Outstanding (A: Feb. 2024 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Feb. 2023 )	+	Accounts Receivable (A: Feb. 2024 ))	/	count )	/	Revenue (A: Feb. 2024 )	*	Days in Period
=	( (0	+	0)	/	1 )	/	0.142	*	365
=	0					/	0.142	*	365
=	0.00

Loop Industries's Days Sales Outstanding for the quarter that ended in Aug. 2024 is calculated as:

	Days Sales Outstanding (Q: Aug. 2024 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: May. 2024 )	+	Accounts Receivable (A: Aug. 2024 ))	/	count )	/	Revenue (A: Aug. 2024 )	*	Days in Period
=	( (0	+	0)	/	1 )	/	0.021	*	365 / 4
=	0					/	0.021	*	365 / 4
=	0.00

Loop Industries (FRA:3L9) Days Sales Outstanding Explanation

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

Loop Industries Days Sales Outstanding Related Terms

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Loop Industries Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Loop Industries Inc (FRA:3L9) » Definitions » Days Sales Outstanding

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LOOP:USA

Address

480 Fernand-Poitras, Terrebonne, QC, CAN, J6Y 1Y4

Website

https://www.loopindustries.com

Loop Industries Inc is a technology and licensing company whose mission is to accelerate the world's shift toward sustainable plastic and away from dependence on fossil fuels. The company owns patented and proprietary technology that depolymerizes no and low value waste PET plastic and polyester fiber, including plastic bottles and packaging, carpet and polyester textile of any color, transparency or condition and even ocean plastics that have been degraded by the sun and salt, to its base building blocks (monomers). Its monomers are filtered, purified and repolymerized to create virgin-quality Loop branded PET plastic resin and polyester fiber suitable for use in food-grade packaging to be sold to consumer goods companies to help them meet their sustainability objectives.

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