LG Energy Solution (XKRX:373220) Days Sales Outstanding : 60.63 (As of Dec. 2023)

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What is LG Energy Solution Days Sales Outstanding?

LG Energy Solution's average Accounts Receivable for the three months ended in Dec. 2023 was ₩5,316,310 Mil. LG Energy Solution's Revenue for the three months ended in Dec. 2023 was ₩8,001,324 Mil. Hence, LG Energy Solution's Days Sales Outstanding for the three months ended in Dec. 2023 was 60.63.

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

XKRX:373220' s Days Sales Outstanding Range Over the Past 10 Years
Min: 53.54 Med: 57.28 Max: 732.25
Current: 56.36

During the past 4 years, LG Energy Solution's highest Days Sales Outstanding was 732.25. The lowest was 53.54. And the median was 57.28.

XKRX:373220's Days Sales Outstanding is ranked better than
74.58% of 2958 companies
in the Industrial Products industry
Industry Median: 79.24 vs XKRX:373220: 56.36

LG Energy Solution's Days Sales Outstanding increased from Dec. 2022 (53.39) to Dec. 2023 (60.63).

LG Energy Solution Days Sales Outstanding Historical Data

The historical data trend for LG Energy Solution'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 Energy Solution Days Sales Outstanding Chart

LG Energy Solution Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

732.25

59.76

54.80

53.54

LG Energy Solution Quarterly Data
	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Sales Outstanding	Get a 7-Day Free Trial							53.39	52.49	55.38	60.26	60.63

Competitive Comparison of LG Energy Solution's Days Sales Outstanding

For the Specialty Industrial Machinery subindustry, LG Energy Solution'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 Energy Solution's Days Sales Outstanding Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, LG Energy Solution's Days Sales Outstanding distribution charts can be found below:

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

LG Energy Solution 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 Energy Solution'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
=	( (4771846	+	5128474)	/	2 )	/	33745470	*	365
=	4950160					/	33745470	*	365
=	53.54

LG Energy Solution'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
=	( (5504146	+	5128474)	/	2 )	/	8001324	*	365 / 4
=	5316310					/	8001324	*	365 / 4
=	60.63

LG Energy Solution (XKRX:373220) 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 Energy Solution Days Sales Outstanding Related Terms

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LG Energy Solution (XKRX:373220) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » LG Energy Solution Ltd (XKRX:373220) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

Yeongdeungpo-gu, Yeoui-daero, Seoul, KOR

Website

https://www.lgensol.com

LG Energy Solution, or LGES, is the third-largest battery maker for electric vehicles, or EVs, with about 14% global share in the first half of 2023, according to SNE Research. The EV battery segment is the largest revenue contributor, which accounted for close to 60% of total revenue in 2022. Besides EV batteries, LGES also manufactures batteries for mobility, mobile phones, laptops, electrical devices, and energy storage systems. The company was spun off from LG Chem's battery division in December 2020 and listed on the Korea Exchange in January 2022. It has global manufacturing facilities in Korea, China, Poland and the United States. Key customers include General Motors, Tesla, Volkswagen, Hyundai Motors and Stellantis.

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