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Li & Fung Ltd (OTCPK:LFUGF)
Days Payable
62.51 (As of Jun. 2015)

Li & Fung Ltd's payable for the six months ended in Jun. 2015 was $2,625 Mil. Li & Fung Ltd's cost of goods sold for the six months ended in Jun. 2015 was $7,665 Mil. Hence, Li & Fung Ltd's days payable for the six months ended in Jun. 2015 was 62.51.

Li & Fung Ltd's days payable increased from Jun. 2014 (58.77) to Jun. 2015 (62.51). It may suggest that Li & Fung Ltd delayed paying its suppliers.


Definition

Days Payable indicates the number of days that the account payable relative to revenue the company has. An increase of Days Payable may suggest that the company delays paying its suppliers.

Li & Fung Ltd's Days Payable for the fiscal year that ended in Dec. 2014 is calculated as

Days Payable=Payable/Cost of Goods Sold*Days in Period
=2561.172/17106.99*365
=54.65

Li & Fung Ltd's Days Payable for the quarter that ended in Jun. 2015 is calculated as:

Days Payable=Payable/Cost of Goods Sold*Days in Period
=2625.273/7664.676*365 / 2
=62.51

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.


Related Terms

Revenue


Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.

Li & Fung Ltd Annual Data

Dec05Dec06Dec07Dec08Dec09Dec10Dec11Dec12Dec13Dec14
DaysPayable 0.000.0049.5746.6547.4258.6450.0551.7055.4354.65

Li & Fung Ltd Semi-Annual Data

Dec10Jun11Dec11Jun12Dec12Jun13Dec13Jun14Dec14Jun15
DaysPayable 50.5856.1245.0755.8447.1961.3350.1258.7749.9162.51
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