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LAIQON AG (FRA:LQAG) Days Sales Outstanding : 61.54 (As of Dec. 2023)


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What is LAIQON AG Days Sales Outstanding?

LAIQON AG's average Accounts Receivable for the six months ended in Dec. 2023 was €5.02 Mil. LAIQON AG's Revenue for the six months ended in Dec. 2023 was €14.88 Mil. Hence, LAIQON AG's Days Sales Outstanding for the six months ended in Dec. 2023 was 61.54.

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

FRA:LQAG' s Days Sales Outstanding Range Over the Past 10 Years
Min: 55.25   Med: 104.29   Max: 206.98
Current: 56.35

During the past 13 years, LAIQON AG's highest Days Sales Outstanding was 206.98. The lowest was 55.25. And the median was 104.29.

FRA:LQAG's Days Sales Outstanding is ranked worse than
54.9% of 510 companies
in the Asset Management industry
Industry Median: 49.855 vs FRA:LQAG: 56.35

LAIQON AG's Days Sales Outstanding increased from Dec. 2022 (51.89) to Dec. 2023 (61.54).


LAIQON AG Days Sales Outstanding Historical Data

The historical data trend for LAIQON AG'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.

LAIQON AG Days Sales Outstanding Chart

LAIQON AG Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Sales Outstanding
Get a 7-Day Free Trial Premium Member Only Premium Member Only 206.98 151.21 148.32 55.25 60.25

LAIQON AG Semi-Annual Data
Jun14 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 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 Premium Member Only Premium Member Only Premium Member Only 184.26 55.24 51.89 47.72 61.54

Competitive Comparison of LAIQON AG's Days Sales Outstanding

For the Asset Management subindustry, LAIQON AG'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.


LAIQON AG's Days Sales Outstanding Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, LAIQON AG's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where LAIQON AG's Days Sales Outstanding falls into.



LAIQON AG 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.

LAIQON AG'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
=( (4.206 + 5.944) / 2 ) / 30.746*365
=5.075 / 30.746*365
=60.25

LAIQON AG'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
=( (4.091 + 5.944) / 2 ) / 14.88*365 / 2
=5.0175 / 14.88*365 / 2
=61.54

* 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.


LAIQON AG  (FRA:LQAG) Days Sales Outstanding Explanation

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


LAIQON AG Days Sales Outstanding Related Terms

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LAIQON AG (FRA:LQAG) Business Description

Traded in Other Exchanges
Address
An der Alster 42, Hamburg, DEU, 20099
LAIQON AG along with its subsidiaries develops, markets, and manages investments in real assets for institutional and retail investors. The business of the company operates in three business segments namely Lloyd Fonds positioned as a special provider of non-benchmarked equity, fixed-income and mixed funds with a clear focus on active alpha strategies. The LLOYD WEALTH business segment is committed to proactive holistic 360° implementation of the individual goals of high net-worth individuals by means of personal asset management. The LLOYD DIGITAL business segment offers digital and risk-optimized investment solutions for retail and institutional investors.

LAIQON AG (FRA:LQAG) Headlines

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