LG Innotek Co (XKRX:011070) Days Sales Outstanding : 28.87 (As of Dec. 2023)

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What is LG Innotek Co Days Sales Outstanding?

LG Innotek Co's average Accounts Receivable for the three months ended in Dec. 2023 was ₩2,391,389 Mil. LG Innotek Co's Revenue for the three months ended in Dec. 2023 was ₩7,558,638 Mil. Hence, LG Innotek Co's Days Sales Outstanding for the three months ended in Dec. 2023 was 28.87.

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

XKRX:011070' s Days Sales Outstanding Range Over the Past 10 Years
Min: 33.7 Med: 52.3 Max: 73.89
Current: 33.7

During the past 13 years, LG Innotek Co's highest Days Sales Outstanding was 73.89. The lowest was 33.70. And the median was 52.30.

XKRX:011070's Days Sales Outstanding is ranked better than
91.14% of 2461 companies
in the Hardware industry
Industry Median: 74.36 vs XKRX:011070: 33.70

LG Innotek Co's Days Sales Outstanding declined from Dec. 2022 (34.75) to Dec. 2023 (28.87).

LG Innotek Co Days Sales Outstanding Historical Data

The historical data trend for LG Innotek Co'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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LG Innotek Co Days Sales Outstanding Chart

LG Innotek Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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46.28

42.53

36.75

34.36

35.82

LG Innotek Co 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															34.75	33.37	34.28	38.89	28.87

Competitive Comparison of LG Innotek Co's Days Sales Outstanding

For the Electronic Components subindustry, LG Innotek Co'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.

LG Innotek Co's Days Sales Outstanding Distribution in the Hardware Industry

For the Hardware industry and Technology sector, LG Innotek Co's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where LG Innotek Co's Days Sales Outstanding falls into.

LG Innotek Co 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.

LG Innotek Co'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
=	( (1792871.361	+	2250890.833)	/	2 )	/	20605290.042	*	365
=	2021881.097					/	20605290.042	*	365
=	35.82

LG Innotek Co'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
=	( (2531887.782	+	2250890.833)	/	2 )	/	7558638.039	*	365 / 4
=	2391389.3075					/	7558638.039	*	365 / 4
=	28.87

LG Innotek Co (XKRX:011070) Days Sales Outstanding Explanation

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

LG Innotek Co Days Sales Outstanding Related Terms

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LG Innotek Co (XKRX:011070) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » LG Innotek Co Ltd (XKRX:011070) » Definitions » Days Sales Outstanding

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Address

30, Magokjungang, E1/E3, 10-ro, Gangseo-gu, Seoul, KOR, 07796

Website

http://www.lginnotek.com

LG Innotek Co Ltd is a Korea-based company engaged in the manufacturing of materials and components that focuses on mobile, automotive, LED, display, semiconductor and IoT business fields with its core technologies. The company offers mobile products, including camera modules, wireless power chargers, and optical biosensor modules; and automotive products, such as motors and sensors, connectivity, thermoelectric modules, and LED lighting products. It also provides display products, which include photomasks, power modules, digital tuners, and touch panels; semiconductor products consisting of flip chip scale packages, chip on films, wireless modems, routers, and electronic shelf labels.

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