Legend Biotech (Legend Biotech) Days Sales Outstanding : 57.45 (As of Dec. 2023)

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What is Legend Biotech Days Sales Outstanding?

Legend Biotech's average Accounts Receivable for the three months ended in Dec. 2023 was $50.0 Mil. Legend Biotech's Revenue for the three months ended in Dec. 2023 was $79.5 Mil. Hence, Legend Biotech's Days Sales Outstanding for the three months ended in Dec. 2023 was 57.45.

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

LEGN' s Days Sales Outstanding Range Over the Past 10 Years
Min: 29.51 Med: 186.97 Max: 332.54
Current: 29.51

During the past 6 years, Legend Biotech's highest Days Sales Outstanding was 332.54. The lowest was 29.51. And the median was 186.97.

LEGN's Days Sales Outstanding is ranked better than
85.99% of 892 companies
in the Biotechnology industry
Industry Median: 72.245 vs LEGN: 29.51

Legend Biotech's Days Sales Outstanding increased from Dec. 2022 (0.30) to Dec. 2023 (57.45).

Legend Biotech Days Sales Outstanding Historical Data

The historical data trend for Legend Biotech'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.

Legend Biotech Days Sales Outstanding Chart

Legend Biotech Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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179.15

255.48

332.54

78.77

64.09

Legend Biotech 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															0.30	0.18	9.41	7.17	57.45

Competitive Comparison of Legend Biotech's Days Sales Outstanding

For the Biotechnology subindustry, Legend Biotech'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.

Legend Biotech's Days Sales Outstanding Distribution in the Biotechnology Industry

For the Biotechnology industry and Healthcare sector, Legend Biotech's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Legend Biotech's Days Sales Outstanding falls into.

Legend Biotech 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.

Legend Biotech'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
=	( (0.09	+	100.041)	/	2 )	/	285.143	*	365
=	50.0655					/	285.143	*	365
=	64.09

Legend Biotech'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
=	( (0.02	+	100.041)	/	2 )	/	79.464	*	365 / 4
=	50.0305					/	79.464	*	365 / 4
=	57.45

Legend Biotech (NAS:LEGN) Days Sales Outstanding Explanation

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

Legend Biotech Days Sales Outstanding Related Terms

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Legend Biotech (Legend Biotech) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Biotechnology » Legend Biotech Corp (NAS:LEGN) » Definitions » Days Sales Outstanding

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9LB:Germany

Address

2101 Cottontail Lane, Somerset, NJ, USA, 08873

Website

https://www.legendbiotech.com

Legend Biotech Corp is a clinical-stage biopharmaceutical company. It is engaged in the discovery and development of novel cell therapies for oncology and other indications. The firm's lead product candidate, LCAR-B38M/JNJ-4528, is a chimeric antigen receptor, or CAR, T cell therapy is for the treatment of multiple myeloma. Geographically, the company generates a majority of its revenue from the United States of America.