LSCG (Lighting Science Group) Days Sales Outstanding: 48.32 (As of Mar. 2017)

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What is Lighting Science Group Days Sales Outstanding?

Lighting Science Group LSCG Days Sales Outstanding is 48.32 as of Mar. 2017.

Lighting Science Group's average Accounts Receivable for the three months ended in Mar. 2017 was $4.94 Mil. Lighting Science Group's Revenue for the three months ended in Mar. 2017 was $9.34 Mil. Hence, Lighting Science Group's Days Sales Outstanding for the three months ended in Mar. 2017 was 48.32.

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

LSCG's Days Sales Outstanding is not ranked *
in the Industrial Products industry.
Industry Median: 80.81
* Ranked among companies with meaningful Days Sales Outstanding only.

Lighting Science Group's Days Sales Outstanding declined from Mar. 2016 (48.47) to Mar. 2017 (48.32).

Lighting Science Group  (OTCPK:LSCG) Days Sales Outstanding Explanation

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

Lighting Science Group Days Sales Outstanding Related Terms

Lighting Science Group Days Sales Outstanding Historical Data

* Premium members only.

The historical data trend for Lighting Science Group'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.

Lighting Science Group Days Sales Outstanding Chart

Lighting Science Group Annual Data
Trend Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16
Days Sales Outstanding
Get a 7-Day Free Trial Premium Member Only Premium Member Only 60.50 45.84 36.37 41.40 40.82

Lighting Science Group Quarterly Data
Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17
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 48.47 62.63 47.58 64.46 48.32

LSCG vs GNAL, WAYS, ALPP: Days Sales Outstanding Comparison

For the Electrical Equipment & Parts subindustry, Lighting Science Group'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.

Lighting Science Group Days Sales Outstanding vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Lighting Science Group's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Lighting Science Group's Days Sales Outstanding falls into.


Lighting Science Group 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.

Lighting Science Group's Days Sales Outstanding for the fiscal year that ended in Dec. 2016 is calculated as

Days Sales Outstanding (A: Dec. 2016 )
=Average Accounts Receivable /Revenue*Days in Period
=( (Accounts Receivable (A: Dec. 2015 ) + Accounts Receivable (A: Dec. 2016 )) / count ) / Revenue (A: Dec. 2016 )*Days in Period
=( (7.673 + 4.113) / 2 ) / 52.697*365
=5.893 / 52.697*365
=40.82

Lighting Science Group's Days Sales Outstanding for the quarter that ended in Mar. 2017 is calculated as:

Days Sales Outstanding (Q: Mar. 2017 )
=Average Accounts Receivable /Revenue*Days in Period
=( (Accounts Receivable (A: Dec. 2016 ) + Accounts Receivable (A: Mar. 2017 )) / count ) / Revenue (A: Mar. 2017 )*Days in Period
=( (4.113 + 5.776) / 2 ) / 9.337*365 / 4
=4.9445 / 9.337*365 / 4
=48.32

* 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 48.32 mean?
Lighting Science Group (LSCG) has a Days Sales Outstanding of 48.32 as of Mar. 2017. Days sales outstanding represents the average amount of days a company takes to collect receivables. View historical data on Lighting Science Group and its competitors.
Is Lighting Science Group's Days Sales Outstanding too high?
Lighting Science Group's current Days Sales Outstanding is 48.32. The Industrial Products industry median Days Sales Outstanding is 80.81. Lighting Science Group's value of 48.32 is 40.2% below this industry median.
How does Lighting Science Group's Days Sales Outstanding compare to GNAL and WAYS?
Lighting Science Group's Days Sales Outstanding of 48.32 can be compared against companies in the Industrial Products industry. The industry median Days Sales Outstanding is 80.81. Lighting Science Group's value of 48.32 is 40.2% below 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 an Industrial Products company?
The median Days Sales Outstanding among Industrial Products companies is 80.81, based on 3,032 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. Lighting Science Group's current Days Sales Outstanding of 48.32 is 40.2% below 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 Lighting Science Group and its competitors. For the Industrial Products industry, the median Days Sales Outstanding is 80.81 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Lighting Science Group's current Days Sales Outstanding is 48.32. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Lighting Science Group stock overvalued right now?
Lighting Science Group (LSCG) has a current Days Sales Outstanding of 48.32. The current Days Sales Outstanding is 48.32 and 40.2% below the Industrial Products industry median of 80.81. 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 Lighting Science Group (LSCG), the current Days Sales Outstanding is 48.32 as of Mar. 2017. 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.

Lighting Science Group Business Description

Address 1350 Division Road, Suite 204, West Warwick, RI, USA, 02893
Lighting Science Group Corp provides LED solutions for home and businesses. Its products include LED lights, biological lamps, types of bulbs, LED tubes, grow light, solar street light, durabulb etc. The company has patents for its most of the products.