LG Chem (XKRX:051910) Days Sales Outstanding : 59.07 (As of Dec. 2023)

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What is LG Chem Days Sales Outstanding?

LG Chem's average Accounts Receivable for the three months ended in Dec. 2023 was ₩8,503,381 Mil. LG Chem's Revenue for the three months ended in Dec. 2023 was ₩13,134,802 Mil. Hence, LG Chem's Days Sales Outstanding for the three months ended in Dec. 2023 was 59.07.

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

XKRX:051910' s Days Sales Outstanding Range Over the Past 10 Years
Min: 49.53 Med: 54.52 Max: 59.81
Current: 54.72

During the past 13 years, LG Chem's highest Days Sales Outstanding was 59.81. The lowest was 49.53. And the median was 54.52.

XKRX:051910's Days Sales Outstanding is ranked better than
60.75% of 1526 companies
in the Chemicals industry
Industry Median: 63.605 vs XKRX:051910: 54.72

LG Chem's Days Sales Outstanding increased from Dec. 2022 (54.82) to Dec. 2023 (59.07).

LG Chem Days Sales Outstanding Historical Data

The historical data trend for LG Chem'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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LG Chem Days Sales Outstanding Chart

LG Chem Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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54.17

54.86

50.06

49.53

51.31

LG Chem 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															54.82	50.57	54.16	59.44	59.07

Competitive Comparison of LG Chem's Days Sales Outstanding

For the Chemicals subindustry, LG Chem'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.

LG Chem's Days Sales Outstanding Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, LG Chem's Days Sales Outstanding distribution charts can be found below:

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

LG Chem 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.

LG Chem'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
=	( (7450395	+	8082952)	/	2 )	/	55249785	*	365
=	7766673.5					/	55249785	*	365
=	51.31

LG Chem'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
=	( (8923809	+	8082952)	/	2 )	/	13134802	*	365 / 4
=	8503380.5					/	13134802	*	365 / 4
=	59.07

LG Chem (XKRX:051910) Days Sales Outstanding Explanation

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

LG Chem Days Sales Outstanding Related Terms

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LG Chem (XKRX:051910) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » LG Chem Ltd (XKRX:051910) » Definitions » Days Sales Outstanding

Traded in Other Exchanges

051915:Korea

Address

LG Twin Towers, 128, Yeoui-daero, Youngdungpo-gu, Seoul, KOR, 150-721

Website

http://www.lgchem.com

LG Chem Ltd manufactures and sells a variety of chemicals, electronics, and energy storage products. The company operates in three major segments: Basic Materials & Chemicals, IT & Electronic Materials, and Energy Solutions. The Basic Materials & Chemicals segment, which generates the majority of revenue, sells plastics including naphtha, polyvinyl chloride (PVC), engineered plastics, and polyolefin, as well as rubber-based products. The IT & Electronic Materials segment sells a range of products that includes optical and circuit board materials. The Energy Solutions segment sells mobile and automotive batteries and energy storage systems. LG Corporation is the company's largest shareholder, owning around one third of outstanding shares. The majority of revenue comes from Asia.

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