LPL Financial Holdings (FRA:7LI) Days Sales Outstanding : 18.98 (As of Mar. 2024)

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What is LPL Financial Holdings Days Sales Outstanding?

LPL Financial Holdings's average Accounts Receivable for the three months ended in Mar. 2024 was €542 Mil. LPL Financial Holdings's Revenue for the three months ended in Mar. 2024 was €2,606 Mil. Hence, LPL Financial Holdings's Days Sales Outstanding for the three months ended in Mar. 2024 was 18.98.

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

FRA:7LI' s Days Sales Outstanding Range Over the Past 10 Years
Min: 20.38 Med: 27.06 Max: 30.84
Current: 20.38

During the past 13 years, LPL Financial Holdings's highest Days Sales Outstanding was 30.84. The lowest was 20.38. And the median was 27.06.

FRA:7LI's Days Sales Outstanding is ranked better than
76.08% of 556 companies
in the Capital Markets industry
Industry Median: 62.34 vs FRA:7LI: 20.38

LPL Financial Holdings's Days Sales Outstanding declined from Mar. 2023 (21.69) to Mar. 2024 (18.98).

LPL Financial Holdings Days Sales Outstanding Historical Data

The historical data trend for LPL Financial Holdings'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.

LPL Financial Holdings Days Sales Outstanding Chart

LPL Financial Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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27.17

27.36

22.58

23.43

21.18

LPL Financial Holdings 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															21.69	21.59	20.83	20.40	18.98

Competitive Comparison of LPL Financial Holdings's Days Sales Outstanding

For the Capital Markets subindustry, LPL Financial Holdings'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.

LPL Financial Holdings's Days Sales Outstanding Distribution in the Capital Markets Industry

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

* The bar in red indicates where LPL Financial Holdings's Days Sales Outstanding falls into.

LPL Financial Holdings 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.

LPL Financial Holdings'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
=	( (530.121	+	539.732)	/	2 )	/	9218.462	*	365
=	534.9265					/	9218.462	*	365
=	21.18

LPL Financial Holdings's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

	Days Sales Outstanding (Q: Mar. 2024 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Dec. 2023 )	+	Accounts Receivable (A: Mar. 2024 ))	/	count )	/	Revenue (A: Mar. 2024 )	*	Days in Period
=	( (539.732	+	544.183)	/	2 )	/	2605.986	*	365 / 4
=	541.9575					/	2605.986	*	365 / 4
=	18.98

LPL Financial Holdings (FRA:7LI) Days Sales Outstanding Explanation

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

LPL Financial Holdings Days Sales Outstanding Related Terms

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LPL Financial Holdings (FRA:7LI) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » LPL Financial Holdings Inc (FRA:7LI) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

LPLA:USA

Address

4707 Executive Drive, San Diego, CA, USA, 92121

Website

https://www.lpl.com

LPL Financial Holdings is an independent broker/dealer that provides a platform of proprietary technology, brokerage, and investment advisory services to financial advisors and institutions. As of the end of 2022, the company had nearly 20,000 advisors on its platform managing over $1 trillion of client assets.

LPL Financial Holdings (FRA:7LI) Headlines

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