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LKQ (LKQ) Days Sales Outstanding : 34.38 (As of Sep. 2024)


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What is LKQ Days Sales Outstanding?

LKQ's average Accounts Receivable for the three months ended in Sep. 2024 was $1,351 Mil. LKQ's Revenue for the three months ended in Sep. 2024 was $3,584 Mil. Hence, LKQ's Days Sales Outstanding for the three months ended in Sep. 2024 was 34.38.

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

LKQ' s Days Sales Outstanding Range Over the Past 10 Years
Min: 28.47   Med: 30.54   Max: 35.38
Current: 33.02

During the past 13 years, LKQ's highest Days Sales Outstanding was 35.38. The lowest was 28.47. And the median was 30.54.

LKQ's Days Sales Outstanding is ranked better than
79.11% of 1288 companies
in the Vehicles & Parts industry
Industry Median: 60.145 vs LKQ: 33.02

LKQ's Days Sales Outstanding increased from Sep. 2023 (32.71) to Sep. 2024 (34.38).


LKQ Days Sales Outstanding Historical Data

The historical data trend for LKQ'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.

LKQ Days Sales Outstanding Chart

LKQ Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Sales Outstanding
Get a 7-Day Free Trial Premium Member Only Premium Member Only 33.35 34.60 29.93 29.54 28.47

LKQ Quarterly Data
Dec19 Mar20 Jun20 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 Premium Member Only Premium Member Only 32.71 32.14 31.51 33.83 34.38

Competitive Comparison of LKQ's Days Sales Outstanding

For the Auto Parts subindustry, LKQ'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.


LKQ's Days Sales Outstanding Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, LKQ's Days Sales Outstanding distribution charts can be found below:

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



LKQ 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.

LKQ'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
=( (998 + 1165) / 2 ) / 13866*365
=1081.5 / 13866*365
=28.47

LKQ'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
=( (1360 + 1341) / 2 ) / 3584*365 / 4
=1350.5 / 3584*365 / 4
=34.38

* 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.


LKQ  (NAS:LKQ) Days Sales Outstanding Explanation

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


LKQ Days Sales Outstanding Related Terms

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


LKQ Business Description

Traded in Other Exchanges
Address
500 West Madison Street, Suite 2800, Chicago, IL, USA, 60661
Since forming in 1998 to consolidate the auto salvage business in the United States, LKQ has developed into a leading distributor of aftermarket and recycled auto parts with around 1,700 facilities across North America and Europe. The company primarily sells into the professional channel and offers an assortment of collision and mechanical parts to both body shops and mechanical repair shops. It also continues to operate more than 70 LKQ pick-your-part junkyards. Separate from the self-service business, LKQ typically purchases around 250,000 salvage vehicles annually that are used to extract vehicle parts for resale.
Executives
Rick Galloway officer: SVP and CFO 500 WEST MADISON STREET, SUITE 2800, CHICAGO IL 60661
Matthew J Mckay officer: SVP of Human Resources 500 WEST MADISON STREET, SUITE 2800, CHICAGO IL 60661
Justin L Jude officer: SVP Ops -- Wholesale Parts C/O LKQ CORPORATION, 500 W. MADISON STREET, SUITE 2800, CHICAGO IL 60661
Walter P Hanley officer: Senior VP of Development C/O LKQ CORPORATION, 120 NORTH LASALLE STREET, SUITE 3300, CHICAGO IL 60602
Patrick Berard director 500 W. MADISON STREET, SUITE 2800, CHICAGO IL 60661
Xavier Urbain director 500 W. MADISON STREET, SUITE 2800, CHICAGO IL 60661
Dominick P Zarcone director, officer: President and CEO C/O LKQ CORPORATION, 500 W. MADISON STREET, SUITE 2800, CHICAGO IL 60661
Blythe J Mcgarvie director HANNAFORD BROS CO, 145 PLEASANT HILL RD, SCARBOROUGH ME 04074
Varun Laroyia officer: Executive VP and CFO 500 WEST MADISON STREET, SUITE 2800, CHICAGO IL 60661
Meg Divitto director 500 WEST MADISON STREET, SUITE 2800, CHICAGO IL 60661
Robert M. Hanser director 500 W. MADISON STREET, SUITE 2800, CHICAGO IL 60661
John W Mendel director C/O TRUECAR, INC., 120 BROADWAY, SUITE 200, SANTA MONICA CA 90401
Valueact Capital Master Fund, L.p. director, other: See Remarks ONE LETTERMAN DRIVE, BUILDING D, 4TH FLOOR, SAN FRANCISCO CA 94129
Joseph M Holsten director, officer: President and CEO
Genevieve L Dombrowski officer: SVP -- Human Resources 500 WEST MADISON STREET, SUITE 2800, CHICAGO IL 60661