LATAM Airlines Group (XSGO:LTM) Days Sales Outstanding : 42.50 (As of Dec. 2023)

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What is LATAM Airlines Group Days Sales Outstanding?

LATAM Airlines Group's average Accounts Receivable for the three months ended in Dec. 2023 was CLP1,261,409 Mil. LATAM Airlines Group's Revenue for the three months ended in Dec. 2023 was CLP2,708,374 Mil. Hence, LATAM Airlines Group's Days Sales Outstanding for the three months ended in Dec. 2023 was 42.50.

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

XSGO:LTM' s Days Sales Outstanding Range Over the Past 10 Years
Min: 36.82 Med: 41.56 Max: 87
Current: 39.39

During the past 13 years, LATAM Airlines Group's highest Days Sales Outstanding was 87.00. The lowest was 36.82. And the median was 41.56.

XSGO:LTM's Days Sales Outstanding is ranked better than
59.27% of 965 companies
in the Transportation industry
Industry Median: 45.68 vs XSGO:LTM: 39.39

LATAM Airlines Group's Days Sales Outstanding increased from Dec. 2022 (39.42) to Dec. 2023 (42.50).

LATAM Airlines Group Days Sales Outstanding Historical Data

The historical data trend for LATAM Airlines 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.

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LATAM Airlines Group Days Sales Outstanding Chart

LATAM Airlines Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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42.24

87.00

51.80

36.82

37.43

LATAM Airlines Group Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Sales Outstanding	Get a 7-Day Free Trial															39.42	35.76	40.91	38.63	42.50

Competitive Comparison of LATAM Airlines Group's Days Sales Outstanding

For the Airlines subindustry, LATAM Airlines 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.

LATAM Airlines Group's Days Sales Outstanding Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, LATAM Airlines Group's Days Sales Outstanding distribution charts can be found below:

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

LATAM Airlines 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.

LATAM Airlines Group'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
=	( (874040.61	+	1209830.115)	/	2 )	/	10161610.104	*	365
=	1041935.3625					/	10161610.104	*	365
=	37.43

LATAM Airlines Group's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

	Days Sales Outstanding (Q: Dec. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Sep. 2023 )	+	Accounts Receivable (A: Dec. 2023 ))	/	count )	/	Revenue (A: Dec. 2023 )	*	Days in Period
=	( (1312988.197	+	1209830.115)	/	2 )	/	2708374.471	*	365 / 4
=	1261409.156					/	2708374.471	*	365 / 4
=	42.50

LATAM Airlines Group (XSGO:LTM) Days Sales Outstanding Explanation

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

LATAM Airlines Group Days Sales Outstanding Related Terms

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LATAM Airlines Group (XSGO:LTM) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » LATAM Airlines Group SA (XSGO:LTM) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

LTMAY:USA LFL:Germany

Address

Avenida Presidente Riesco No. 5711, 20th Floor, Las Condes, Santiago, CHL

Website

https://www.latamairlinesgroup.net

LATAM Airlines Group SA operates as a passenger airline group. Geographically, the company operates in Brazil, Chile, Colombia, Ecuador, and Peru, along with international operations within Latin America and to Europe, the US, and the Caribbean. The firm generates its revenue from transporting passengers and cargo.

LATAM Airlines Group (XSGO:LTM) Headlines

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