LHC Group (LHC Group) Days Payable : 29.41 (As of Dec. 2022)

View and export this data going back to 2005. Start your Free Trial

What is LHC Group Days Payable?

LHC Group's average Accounts Payable for the three months ended in Dec. 2022 was $112 Mil. LHC Group's Cost of Goods Sold for the three months ended in Dec. 2022 was $347 Mil. Hence, LHC Group's Days Payable for the three months ended in Dec. 2022 was 29.41.

The historical rank and industry rank for LHC Group's Days Payable or its related term are showing as below:

LHCG' s Days Payable Range Over the Past 10 Years
Min: 15.28 Med: 18.21 Max: 28.66
Current: 28.66

During the past 13 years, LHC Group's highest Days Payable was 28.66. The lowest was 15.28. And the median was 18.21.

LHCG's Days Payable is not ranked
in the Healthcare Providers & Services industry.
Industry Median: 61.58 vs LHCG: 28.66

LHC Group's Days Payable increased from Dec. 2021 (22.68) to Dec. 2022 (29.41). It may suggest that LHC Group delayed paying its suppliers.

LHC Group Days Payable Historical Data

The historical data trend for LHC Group's Days Payable 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.

LHC Group Days Payable Chart

LHC Group Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Days Payable

Get a 7-Day Free Trial

18.45

22.14

21.66

22.25

27.80

LHC Group Quarterly Data
	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22
Days Payable	Get a 7-Day Free Trial															22.68	26.21	29.31	30.56	29.41

Competitive Comparison of LHC Group's Days Payable

For the Medical Care Facilities subindustry, LHC Group's Days Payable, along with its competitors' market caps and Days Payable 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.

LHC Group's Days Payable Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, LHC Group's Days Payable distribution charts can be found below:

* The bar in red indicates where LHC Group's Days Payable falls into.

LHC Group Days Payable Calculation

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

LHC Group's Days Payable for the fiscal year that ended in Dec. 2022 is calculated as

	Days Payable (A: Dec. 2022 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Dec. 2021 )	+	Accounts Payable (A: Dec. 2022 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2022 )	*	Days in Period
=	( (98.118	+	114.986)	/	2 )	/	1399.158	*	365
=	106.552					/	1399.158	*	365
=	27.80

LHC Group's Days Payable for the quarter that ended in Dec. 2022 is calculated as:

	Days Payable (Q: Dec. 2022 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Sep. 2022 )	+	Accounts Payable (Q: Dec. 2022 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2022 )	*	Days in Period
=	( (108.748	+	114.986)	/	2 )	/	347.065	*	365 / 4
=	111.867					/	347.065	*	365 / 4
=	29.41

LHC Group Days Payable Related Terms

Thank you for viewing the detailed overview of LHC Group's Days Payable provided by GuruFocus.com. Please click on the following links to see related term pages.

LHC Group (LHC Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » LHC Group Inc (NAS:LHCG) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

901 Hugh Wallis Road South, Lafayette, LA, USA, 70508

Website

https://www.lhcgroup.com

LHC Group Inc provides post-acute health care services to patients through its home nursing agencies, community-based services agencies, hospice agencies, and long-term acute care hospitals. The company's home health service locations offer a wide range of services, including skilled nursing, medically-oriented social services and physical, occupational, and speech therapy. Its hospices provide end-of-life care to patients with terminal illnesses through interdisciplinary teams of physicians, nurses, home health aides, counselors, and volunteers. Its other service segments are Home and community based, Facility-based, Hospice and Healthcare Innovations. The company derives most of its revenues from the Home health services.

Executives

Nicholas Iii Gachassin	officer: EVP, General Counsel	901 HUGH WALLIS ROAD SOUTH, LAFAYETTE LA 70508
Dale Mackel	other: CFO	901 HUGH WALLIS ROAD S, LAFAYETTE LA 70508-2511
Reed W Earl Iii	director	9510 OMSBY SLATION ROAD, STE 300, LOIISVILLE KY 40223
Kimberly S Seymour	other: SVP, Chief Accounting Officer	901 HUGH WALLIS ROAD S, LAFAYETTE LA 70508
Tricia Nguyen	other: EVP, Chief Medical Officer	1801 KIRA COURT, ARLINGTON TX 76006
Mcquiddy Collin	other: SVP, Chief Accounting Officer	901 HUGH WALLIS ROAD S, LAFAYETTE LA 70508
Donald Dwayne Stelly	officer: Senior Vice President	420 WEST PINHOOK ROAD, SUITE A, LAFAYETTE LA 70503
John L Indest	director, officer: COO of Home, Senior V.P.	420 WEST PINHOOK ROAD, SUITE A, LAFAYETTE LA 70503
Ronald T Nixon	director	1375 ENCLAVE PKWY, HOUSTON TX 77077
Keith G Myers	director, 10 percent owner, officer: CEO and President	901 HUGH WALLIS RD S, LAFAYETTE LA 70508
Joshua L. Proffitt	officer: Executive Vice President	901 HUGH WALLIS ROAD SOUTH, LAFAYETTE LA 70508
Teri G. Fontenot	director	18933 EAST PINNACLE CIRCLE, BATON ROUGE LA 70634
Tyree G Wilburn	director
Jeff Reibel	officer: See Remarks	9510 ORMSBY STATION ROAD, SUITE 300, LOUISVILLE KY 40223
Bruce D Greenstein	officer: Chief Innovation Officer	901 HUGH WALLIS ROAD SOUTH, LAFAYETTE LA 70508