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Latham Group (Latham Group) Days Sales Outstanding : 51.63 (As of Dec. 2023)


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What is Latham Group Days Sales Outstanding?

Latham Group's average Accounts Receivable for the three months ended in Dec. 2023 was $51.4 Mil. Latham Group's Revenue for the three months ended in Dec. 2023 was $90.9 Mil. Hence, Latham Group's Days Sales Outstanding for the three months ended in Dec. 2023 was 51.63.

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

SWIM' s Days Sales Outstanding Range Over the Past 10 Years
Min: 25.53   Med: 28.75   Max: 43.28
Current: 43.28

During the past 5 years, Latham Group's highest Days Sales Outstanding was 43.28. The lowest was 25.53. And the median was 28.75.

SWIM's Days Sales Outstanding is ranked better than
79.1% of 1641 companies
in the Construction industry
Industry Median: 72.53 vs SWIM: 43.28

Latham Group's Days Sales Outstanding declined from Dec. 2022 (64.19) to Dec. 2023 (51.63).


Latham Group Days Sales Outstanding Historical Data

The historical data trend for Latham 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.

* Premium members only.

Latham Group Days Sales Outstanding Chart

Latham Group Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Days Sales Outstanding
36.07 29.04 27.07 28.75 25.53

Latham Group Quarterly Data
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 64.19 50.10 47.44 43.76 51.63

Competitive Comparison of Latham Group's Days Sales Outstanding

For the Building Products & Equipment subindustry, Latham 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.


Latham Group's Days Sales Outstanding Distribution in the Construction Industry

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

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



Latham 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.

Latham 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
=( (48.847 + 30.407) / 2 ) / 566.492*365
=39.627 / 566.492*365
=25.53

Latham 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
=( (72.413 + 30.407) / 2 ) / 90.867*365 / 4
=51.41 / 90.867*365 / 4
=51.63

* 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.


Latham Group  (NAS:SWIM) Days Sales Outstanding Explanation

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


Latham Group Days Sales Outstanding Related Terms

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


Latham Group (Latham Group) Business Description

Traded in Other Exchanges
N/A
Address
787 Watervliet Shaker Road, Latham, NY, USA, 12110
Latham Group Inc is a designer, manufacturer, and marketer of in-ground residential swimming pools, liners, and covers in North America, Australia, and New Zealand. It derives a majority of its revenue from the United States.
Executives
Oliver C. Gloe officer: VICE PRESIDENT, FINANCE C/O LATHAM GROUP, 787 WATERVLIET SHAKER ROAD, LATHAM NY 12110
Scott Michael Rajeski director, officer: Chief Executive Officer 787 WATERVLIET SHAKER ROAD, LATHAM NY 12110
Melissa Claire Feck officer: Chief Human Resources Officer 787 WATERVLIET SHAKER ROAD, LATHAM NY 12110
Patrick M Sheller officer: General Counsel & Secretary 343 STATE STREET, ROCHESTER NY 14650
J Mark Borseth officer: Chief Financial Officer 787 WATERVLIET SHAKER ROAD, LATHAM NY 12110
James E Cline director C/O TREX COMPANY INC., 160 EXETER DRIVE, WINCHESTER VA 22603
Joshua D. Cowley officer: Chief Commercial Officer 787 WATERVLIET SHAKER ROAD, LATHAM NY 12110
Suraj Kunchala officer: Vice President & Controller 787 WATERVLIET SHAKER ROAD, LATHAM NY 12110
Brian Patrick Pratt director 112 E. 17TH ST., NEW YORK NY 10003
Delu Jackson director 650 TENNIS CLUB DRIVE, APT. L107, FORT LAUDERDALE FL 33311
Sanjeev Bahl officer: COO Latham Pool Products, Inc. C/O LATHAM GROUP, INC., 787 WATERVLIET SHAKER ROAD, LATHAM NY 12110
Mark Phillip Laven director 787 WATERVLIET SHAKER ROAD, LATHAM NY 12110
Masson Robert L. Ii officer: Chief Financial Officer 787 WATERVLIET SHAKER ROAD, LATHAM NY 12110
Dane L. Derbyshire director 787 WATERVLIET SHAKER ROAD, LATHAM NY 12110
Jeff Arnold Leake officer: Chief Operating Officer 787 WATERVLIET SHAKER ROAD, LATHAM NY 12110