LEVGQ (The Lion Electric Co) Days Sales Outstanding: 159.80 (As of Sep. 2024)

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LEVGQ The Lion Electric Co LEVGQ
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What is The Lion Electric Co Days Sales Outstanding?

The Lion Electric Co LEVGQ 12 Days Sales Outstanding is 159.80 as of Sep. 2024. GuruFocus rates LEVGQ with a GF Score™ of 12/100.

The Lion Electric Co's average Accounts Receivable for the three months ended in Sep. 2024 was $53.6 Mil. The Lion Electric Co's Revenue for the three months ended in Sep. 2024 was $30.6 Mil. Hence, The Lion Electric Co's Days Sales Outstanding for the three months ended in Sep. 2024 was 159.80.

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

LEVGQ's Days Sales Outstanding is not ranked *
in the Farm & Heavy Construction Machinery industry.
Industry Median: 72.4
* Ranked among companies with meaningful Days Sales Outstanding only.

The Lion Electric Co's Days Sales Outstanding increased from Sep. 2023 (107.28) to Sep. 2024 (159.80).


The Lion Electric Co  (OTCPK:LEVGQ) Days Sales Outstanding Explanation

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


The Lion Electric Co Days Sales Outstanding Related Terms


The Lion Electric Co Days Sales Outstanding Historical Data

* Premium members only.

The historical data trend for The Lion Electric Co'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.

The Lion Electric Co Days Sales Outstanding Chart

The Lion Electric Co Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Days Sales Outstanding
0.00 135.45 107.73 66.60 47.74

The Lion Electric Co Quarterly Data
May20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Days Sales Outstanding Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 107.28 108.07 101.23 212.50 159.80

LEVGQ vs UGRO, NKLAQ, ARTW: Days Sales Outstanding Comparison

For the Farm & Heavy Construction Machinery subindustry, The Lion Electric Co'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.


The Lion Electric Co Days Sales Outstanding vs Farm & Heavy Construction Machinery Industry

For the Farm & Heavy Construction Machinery industry and Industrials sector, The Lion Electric Co's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where The Lion Electric Co's Days Sales Outstanding falls into.


LEVGQ
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The Lion Electric Co LEVGQ
Days Sales Outstanding is just one metric. See GF Score™, valuation, warning signs, and more.
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The Lion Electric Co 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.

The Lion Electric Co'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
=( (25.685 + 40.622) / 2 ) / 253.496*365
=33.1535 / 253.496*365
=47.74

The Lion Electric Co's Days Sales Outstanding for the quarter that ended in Sep. 2024 is calculated as:

Days Sales Outstanding (Q: Sep. 2024 )
=Average Accounts Receivable /Revenue*Days in Period
=( (Accounts Receivable (A: Jun. 2024 ) + Accounts Receivable (A: Sep. 2024 )) / count ) / Revenue (A: Sep. 2024 )*Days in Period
=( (58.542 + 48.725) / 2 ) / 30.627*365 / 4
=53.6335 / 30.627*365 / 4
=159.80

* 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.

Frequently Asked Questions Learn more about Days Sales Outstanding →
What does a Days Sales Outstanding of 159.80 mean?
The Lion Electric Co (LEVGQ) has a Days Sales Outstanding of 159.80 as of Sep. 2024. Days sales outstanding represents the average amount of days a company takes to collect receivables. View historical data on The Lion Electric Co and its competitors.
Is The Lion Electric Co's Days Sales Outstanding too high?
The Lion Electric Co's current Days Sales Outstanding is 159.80. The Farm & Heavy Construction Machinery industry median Days Sales Outstanding is 72.40. The Lion Electric Co's value of 159.80 is 120.7% above this industry median. Overall, The Lion Electric Co has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does The Lion Electric Co's Days Sales Outstanding compare to UGRO and NKLAQ?
The Lion Electric Co's Days Sales Outstanding of 159.80 can be compared against companies in the Farm & Heavy Construction Machinery industry. The industry median Days Sales Outstanding is 72.40. The Lion Electric Co's value of 159.80 is 120.7% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Days Sales Outstanding for a Farm & Heavy Construction Machinery company?
The median Days Sales Outstanding among Farm & Heavy Construction Machinery companies is 72.40, based on 211 companies in the industry. Companies in the top quartile (top 25%) have a Days Sales Outstanding significantly above this median, while those in the bottom quartile fall well below. However, Days Sales Outstanding should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. The Lion Electric Co's current Days Sales Outstanding of 159.80 is 120.7% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Days Sales Outstanding mean?
A high Days Sales Outstanding can signal that a stock is expensive relative to its fundamentals. Days sales outstanding represents the average amount of days a company takes to collect receivables. View historical data on The Lion Electric Co and its competitors. For the Farm & Heavy Construction Machinery industry, the median Days Sales Outstanding is 72.40 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. The Lion Electric Co's current Days Sales Outstanding is 159.80. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is The Lion Electric Co stock overvalued right now?
The Lion Electric Co (LEVGQ) has a current Days Sales Outstanding of 159.80. The current Days Sales Outstanding is 159.80 and 120.7% above the Farm & Heavy Construction Machinery industry median of 72.40. The Lion Electric Co's overall GF Score™ is 12/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Days Sales Outstanding calculated?
Days Sales Outstanding is calculated from a company's financial statements. For The Lion Electric Co (LEVGQ), the current Days Sales Outstanding is 159.80 as of Sep. 2024. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

The Lion Electric Co Business Description

Address 921 chemin de la Riviere-du-Nord, Saint-Jerome, QC, CAN, J7Y 5G2
The Lion Electric Co. includes designing, developing, manufacturing and distributing purpose-built all-electric medium and heavy-duty urban vehicles including battery systems, chassis, bus bodies and truck cabins. The Group also distributes truck and bus parts and accessories. The Group has one reportable operating segment, the manufacturing and sales of electric vehicles in Canada and in the United States. Geographically, the majority of revenue is generated from Canada.
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Days Sales Outstanding is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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