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Live Nation Entertainment (LTS:0JVD) Days Sales Outstanding : 35.93 (As of Jun. 2024)


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What is Live Nation Entertainment Days Sales Outstanding?

Live Nation Entertainment's average Accounts Receivable for the three months ended in Jun. 2024 was $2,372 Mil. Live Nation Entertainment's Revenue for the three months ended in Jun. 2024 was $6,023 Mil. Hence, Live Nation Entertainment's Days Sales Outstanding for the three months ended in Jun. 2024 was 35.93.

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

LTS:0JVD' s Days Sales Outstanding Range Over the Past 10 Years
Min: 21.96   Med: 27   Max: 145.25
Current: 34.35

During the past 13 years, Live Nation Entertainment's highest Days Sales Outstanding was 145.25. The lowest was 21.96. And the median was 27.00.

LTS:0JVD's Days Sales Outstanding is ranked better than
80.93% of 1028 companies
in the Media - Diversified industry
Industry Median: 66.79 vs LTS:0JVD: 34.35

Live Nation Entertainment's Days Sales Outstanding increased from Jun. 2023 (28.74) to Jun. 2024 (35.93).


Live Nation Entertainment Days Sales Outstanding Historical Data

The historical data trend for Live Nation Entertainment'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.

Live Nation Entertainment Days Sales Outstanding Chart

Live Nation Entertainment 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 28.82 145.25 45.22 27.70 28.35

Live Nation Entertainment Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 28.74 24.59 35.73 52.22 35.93

Competitive Comparison of Live Nation Entertainment's Days Sales Outstanding

For the Entertainment subindustry, Live Nation Entertainment'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.


Live Nation Entertainment's Days Sales Outstanding Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Live Nation Entertainment's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Live Nation Entertainment's Days Sales Outstanding falls into.



Live Nation Entertainment 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.

Live Nation Entertainment'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
=( (1465.383 + 2069.054) / 2 ) / 22749.073*365
=1767.2185 / 22749.073*365
=28.35

Live Nation Entertainment's Days Sales Outstanding for the quarter that ended in Jun. 2024 is calculated as:

Days Sales Outstanding (Q: Jun. 2024 )
=Average Accounts Receivable /Revenue*Days in Period
=( (Accounts Receivable (A: Mar. 2024 ) + Accounts Receivable (A: Jun. 2024 )) / count ) / Revenue (A: Jun. 2024 )*Days in Period
=( (2279.906 + 2464.042) / 2 ) / 6023.416*365 / 4
=2371.974 / 6023.416*365 / 4
=35.93

* 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.


Live Nation Entertainment  (LTS:0JVD) Days Sales Outstanding Explanation

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


Live Nation Entertainment Days Sales Outstanding Related Terms

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Live Nation Entertainment Business Description

Traded in Other Exchanges
Address
9348 Civic Center Drive, Beverly Hills, CA, USA, 90210
Live Nation is the largest live entertainment company in the world, serving as a concert promoter, venue operator, and ticketing platform. In addition, the firm generates revenue from sponsorships and advertising. With offices in 45 countries, Live Nation promotes concerts globally and it owns, operates, or had exclusive booking rights to 373 venues worldwide at the end of 2023, which the firm says makes it the second-largest operator of music venues globally. In 2023, Live Nation promoted more than 50,000 events, drawing more than 145 million fans. Ticketmaster is a dominant global ticketing service, selling more than 620 million tickets in 2023.

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