Lindsay Corporation

NYSE LNN

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Lindsay Corporation Days Payable Outstanding (DPO) 5 year CAGR for the quarter ending February 29, 2024: 1.12%

Lindsay Corporation Days Payable Outstanding (DPO) 5 year CAGR is 1.12% for the quarter ending February 29, 2024, a 258.14% change year over year. The days payables outstanding ratio measures the average number of days it takes for a company to pay its suppliers. It is calculated by dividing accounts payable by the cost of revenue and then multiplying by 365. This ratio indicates the average payment period for suppliers and reflects the efficiency of managing trade payables. A longer period suggests extended payment terms and potential working capital advantages. CAGR, or the Compound Annual Growth Rate, quantifies the mean annual growth rate of an investment or financial metric over a specified time span, considering the influence of compounding. It is instrumental in determining the true annualized return on an investment.
  • Lindsay Corporation Days Payable Outstanding (DPO) for the quarter ending February 28, 2023 was 172.74, a 0.07% change year over year.
  • Lindsay Corporation Days Payable Outstanding (DPO) for the quarter ending February 28, 2022 was 172.63, a 21.28% change year over year.
  • Lindsay Corporation Days Payable Outstanding (DPO) for the quarter ending February 28, 2021 was 142.34, a -5.89% change year over year.
  • Lindsay Corporation Days Payable Outstanding (DPO) for the quarter ending February 29, 2020 was 151.24, a -6.20% change year over year.
NYSE: LNN

Lindsay Corporation

CEO Mr. Randy A. Wood
IPO Date Oct. 12, 1988
Location United States
Headquarters 18135 Burke Street, Omaha, NE, United States, 68022
Employees 1,209
Sector Industrials
Industry Farm & heavy construction machinery
Description

Lindsay Corporation, together with its subsidiaries, provides water management and road infrastructure products and services in the United States and internationally. It operates in two segments, Irrigation and Infrastructure. The Irrigation segment manufactures and markets center pivot, lateral move irrigation systems, and irrigation controls under the Zimmatic brand; hose reel travelers under the Perrot brand; and chemical injection systems, variable rate irrigation systems, flow meters, weather stations, soil moisture sensors, and remote monitoring and control systems. It also offers repair and replacement parts for its irrigation systems and controls, and diameter steel tubing; global positioning system positioning and guidance, variable rate irrigation, wireless irrigation management, irrigation scheduling, and smartphone applications; and industrial Internet of Things technology solutions, data acquisition and management systems, and custom electronic equipment for applications under the Elecsys brand. The Infrastructure segment provides Road Zipper System comprised of T-shaped concrete and steel barriers, barrier transfer machine, and variable length barriers which are used for highway reconstruction, paving and resurfacing, road widening, median and shoulder construction, and repairs to tunnels and bridges. Additionally, it offers redirective and non-redirective crash cushions to enhance highway safety at locations such as toll booths, freeway off-ramps, medians and roadside barrier ends, bridge supports, utility poles, and other fixed roadway hazards; specialty barriers; preformed tape and road safety accessory products, as well as rail products, such as signals and lights, structures, foundations, junction boxes, and signs. Lindsay Corporation was founded in 1955 and is headquartered in Omaha, Nebraska.

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StockViz Staff

September 19, 2024

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