Lazard (LTS:0UB6) Days Sales Outstanding : 77.70 (As of Dec. 2023)

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What is Lazard Days Sales Outstanding?

Lazard's average Accounts Receivable for the three months ended in Dec. 2023 was $697 Mil. Lazard's Revenue for the three months ended in Dec. 2023 was $819 Mil. Hence, Lazard's Days Sales Outstanding for the three months ended in Dec. 2023 was 77.70.

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

LTS:0UB6' s Days Sales Outstanding Range Over the Past 10 Years
Min: 79.89 Med: 86.81 Max: 101.23
Current: 92.13

During the past 13 years, Lazard's highest Days Sales Outstanding was 101.23. The lowest was 79.89. And the median was 86.81.

LTS:0UB6's Days Sales Outstanding is ranked worse than
59.21% of 559 companies
in the Capital Markets industry
Industry Median: 62.31 vs LTS:0UB6: 92.13

Lazard's Days Sales Outstanding declined from Dec. 2022 (88.73) to Dec. 2023 (77.70).

Lazard Days Sales Outstanding Historical Data

The historical data trend for Lazard'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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Lazard Days Sales Outstanding Chart

Lazard Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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92.84

97.17

86.49

94.20

101.23

Lazard Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Sales Outstanding	Get a 7-Day Free Trial															112.20	96.15	112.14	77.70	87.87

Competitive Comparison of Lazard's Days Sales Outstanding

For the Capital Markets subindustry, Lazard'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.

Lazard's Days Sales Outstanding Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Lazard's Days Sales Outstanding distribution charts can be found below:

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

Lazard 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.

Lazard'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
=	( (652.758	+	762.319)	/	2 )	/	2551.14	*	365
=	707.5385					/	2551.14	*	365
=	101.23

Lazard'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
=	( (632.133	+	762.319)	/	2 )	/	818.837	*	365 / 4
=	697.226					/	818.837	*	365 / 4
=	77.70

Lazard (LTS:0UB6) Days Sales Outstanding Explanation

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

Lazard Days Sales Outstanding Related Terms

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Lazard (LTS:0UB6) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Lazard Inc (LTS:0UB6) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

LAZ:USA

Address

2 Church Street, Clarendon House, Hamilton, BMU, HM11

Website

https://www.lazard.com

Lazard has a storied history that can be traced back to 1848. The company's revenue is nearly equally split between financial advisory, such as acquisition and restructuring advisory, and asset management. The company's asset management business is primarily equities (over 80% of assets under management), has an international focus, and is geared toward institutional clients. By geography, the company earns approximately 60% of revenue in the Americas, 35% in EMEA, and 5% in Asia-Pacific. Lazard has offices across more than 20 countries and over 3,000 employees.

Lazard (LTS:0UB6) Headlines

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