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Lichen China (Lichen China) Days Sales Outstanding : 24.41 (As of Dec. 2023)


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What is Lichen China Days Sales Outstanding?

Lichen China's average Accounts Receivable for the six months ended in Dec. 2023 was $3.19 Mil. Lichen China's Revenue for the six months ended in Dec. 2023 was $23.83 Mil. Hence, Lichen China's Days Sales Outstanding for the six months ended in Dec. 2023 was 24.41.

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

LICN' s Days Sales Outstanding Range Over the Past 10 Years
Min: 28.77   Med: 31.4   Max: 35.93
Current: 29.05

During the past 4 years, Lichen China's highest Days Sales Outstanding was 35.93. The lowest was 28.77. And the median was 31.40.

LICN's Days Sales Outstanding is ranked better than
86.28% of 1035 companies
in the Business Services industry
Industry Median: 58.72 vs LICN: 29.05

Lichen China's Days Sales Outstanding declined from Dec. 2022 (36.37) to Dec. 2023 (24.41).

Lichen China Days Sales Outstanding Historical Data

The historical data trend for Lichen China'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.

Lichen China Days Sales Outstanding Chart

Lichen China Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Days Sales Outstanding
28.77 31.69 35.93 31.10

Lichen China Semi-Annual Data
Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Days Sales Outstanding Get a 7-Day Free Trial 37.32 42.14 36.37 33.43 24.41

Competitive Comparison of Lichen China's Days Sales Outstanding

For the Specialty Business Services subindustry, Lichen China'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.

Lichen China's Days Sales Outstanding Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Lichen China's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Lichen China's Days Sales Outstanding falls into.


Lichen China 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.

Lichen China'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
=( (3.117 + 3.659) / 2 ) / 39.759*365
=3.388 / 39.759*365
=31.10

Lichen China'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
=( (2.717 + 3.659) / 2 ) / 23.833*365 / 2
=3.188 / 23.833*365 / 2
=24.41

* 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.

Lichen China  (NAS:LICN) Days Sales Outstanding Explanation

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

Lichen China Days Sales Outstanding Related Terms

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Lichen China (Lichen China) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Lichen China Ltd (NAS:LICN) » Definitions » Days Sales Outstanding
Comparable Companies
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Traded in Other Exchanges
N/A
Address
888 Century Avenue Meiling Street, Tower 3, Jinjiang Wanda Plaza Commercial Complex, B2306, Block B, Fujian Province, Jinjiang, CHN, 362000
Website
https://www.lichenzx.com
Lichen China Ltd is a holding company. The company, along with its subsidiaries provides financial and taxation solution services; education support services; and software and maintenance services. The company generates Majority revenue from Financial and taxation solution services.