Love Group Global (ASX:LVE) Days Sales Outstanding : 1.32 (As of Dec. 2023)

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What is Love Group Global Days Sales Outstanding?

Love Group Global's average Accounts Receivable for the six months ended in Dec. 2023 was A$0.02 Mil. Love Group Global's Revenue for the six months ended in Dec. 2023 was A$2.50 Mil. Hence, Love Group Global's Days Sales Outstanding for the six months ended in Dec. 2023 was 1.32.

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

ASX:LVE' s Days Sales Outstanding Range Over the Past 10 Years
Min: 0.25 Med: 3.24 Max: 170.22
Current: 1.09

During the past 9 years, Love Group Global's highest Days Sales Outstanding was 170.22. The lowest was 0.25. And the median was 3.24.

ASX:LVE's Days Sales Outstanding is ranked better than
99.3% of 569 companies
in the Interactive Media industry
Industry Median: 44.79 vs ASX:LVE: 1.09

Love Group Global's Days Sales Outstanding increased from Dec. 2022 (0.38) to Dec. 2023 (1.32).

Love Group Global Days Sales Outstanding Historical Data

The historical data trend for Love Group Global'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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Love Group Global Days Sales Outstanding Chart

Love Group Global Annual Data

Trend

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Days Sales Outstanding

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3.73

4.25

1.15

0.25

0.50

Love Group Global Semi-Annual Data
	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Sales Outstanding	Get a 7-Day Free Trial														0.48	0.59	0.38	0.57	1.32

Competitive Comparison of Love Group Global's Days Sales Outstanding

For the Internet Content & Information subindustry, Love Group Global'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.

Love Group Global's Days Sales Outstanding Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Love Group Global's Days Sales Outstanding distribution charts can be found below:

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

Love Group Global 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.

Love Group Global's Days Sales Outstanding for the fiscal year that ended in Jun. 2023 is calculated as

	Days Sales Outstanding (A: Jun. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Jun. 2022 )	+	Accounts Receivable (A: Jun. 2023 ))	/	count )	/	Revenue (A: Jun. 2023 )	*	Days in Period
=	( (0.003	+	0.008)	/	2 )	/	3.989	*	365
=	0.0055					/	3.989	*	365
=	0.50

Love Group Global'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: Jun. 2023 )	+	Accounts Receivable (A: Dec. 2023 ))	/	count )	/	Revenue (A: Dec. 2023 )	*	Days in Period
=	( (0.008	+	0.028)	/	2 )	/	2.498	*	365 / 2
=	0.018					/	2.498	*	365 / 2
=	1.32

Love Group Global (ASX:LVE) Days Sales Outstanding Explanation

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

Love Group Global Days Sales Outstanding Related Terms

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Love Group Global (ASX:LVE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » Love Group Global Ltd (ASX:LVE) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

99 St Georges Terrace, Level 8, Perth, WA, AUS, 6000

Website

https://www.lovegroup.co

Love Group Global Ltd is a dating platform. The company provides online dating services and matchmaking services. The company's online dating platform includes - Lovestruck, Date Tix, and Noonswoon applications. The operating business segments are Dating services and Corporate. The company generates maximum revenue from the Dating Services segment which offers online, events, and matchmaking services in Hong Kong, London, Singapore, and Thailand.

Love Group Global (ASX:LVE) Headlines

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