GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Li Auto Inc (NAS:LI) » Definitions » Days Sales Outstanding

Li Auto (Li Auto) Days Sales Outstanding : 0.25 (As of Dec. 2023)


View and export this data going back to 2020. Start your Free Trial

What is Li Auto Days Sales Outstanding?

Li Auto's average Accounts Receivable for the three months ended in Dec. 2023 was $16 Mil. Li Auto's Revenue for the three months ended in Dec. 2023 was $5,845 Mil. Hence, Li Auto's Days Sales Outstanding for the three months ended in Dec. 2023 was 0.25.

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

LI' s Days Sales Outstanding Range Over the Past 10 Years
Min: 0.25   Med: 1.57   Max: 10.66
Current: 0.25

During the past 6 years, Li Auto's highest Days Sales Outstanding was 10.66. The lowest was 0.25. And the median was 1.57.

LI's Days Sales Outstanding is ranked better than
99.92% of 1269 companies
in the Vehicles & Parts industry
Industry Median: 60.76 vs LI: 0.25

Li Auto's Days Sales Outstanding increased from Dec. 2022 (0.21) to Dec. 2023 (0.25).


Li Auto Days Sales Outstanding Historical Data

The historical data trend for Li Auto'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.

Li Auto Days Sales Outstanding Chart

Li Auto Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Sales Outstanding
Get a 7-Day Free Trial 10.66 2.38 1.57 0.73 0.28

Li Auto Quarterly Data
Dec18 Mar19 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 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 0.21 0.25 0.22 0.23 0.25

Competitive Comparison of Li Auto's Days Sales Outstanding

For the Auto Manufacturers subindustry, Li Auto'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.


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

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

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



Li Auto 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.

Li Auto'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
=( (6.94 + 20.101) / 2 ) / 17345.639*365
=13.5205 / 17345.639*365
=0.28

Li Auto'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
=( (11.889 + 20.101) / 2 ) / 5844.668*365 / 4
=15.995 / 5844.668*365 / 4
=0.25

* 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.


Li Auto  (NAS:LI) Days Sales Outstanding Explanation

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


Li Auto Days Sales Outstanding Related Terms

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


Li Auto (Li Auto) Business Description

Address
11 Wenliang Street, Shunyi District, Beijing, CHN, 101399
Li Auto is a leading Chinese NEV manufacturer that designs, develops, manufactures, and sells premium smart NEVs. The company started volume production of its first model Li One in November 2019. The model is a six-seater, large, premium plug-in electric SUV equipped with a range extension system and advanced smart vehicle solutions. It sold over 133,000 NEVs in 2022, accounting for about 2% of China's passenger new energy vehicle market. Beyond Li One, the company will expand its product line, including both BEVs and PHEVs, to target a broader consumer base.

Li Auto (Li Auto) Headlines

From GuruFocus

Li Auto Inc. December 2023 Delivery Update

By GlobeNewswire 01-01-2024

Li Auto Inc. Hosts Family Tech Day

By sperokesalga sperokesalga 06-17-2023

Li Auto Inc. February 2023 Delivery Update

By sperokesalga sperokesalga 03-01-2023

Li Auto Inc. Announces Results of Annual General Meeting

By sperokesalga sperokesalga 05-31-2023

Li Auto Inc. Unveils Autonomous Driving and BEV Roadmap

By sperokesalga sperokesalga 04-18-2023

Li Auto Inc. September 2023 Delivery Update

By Marketwired 10-01-2023