LG Display Co (LG Display Co) Days Payable

: 89.47 (As of Sep. 2023)

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LG Display Co's average Accounts Payable for the three months ended in Sep. 2023 was $3,489 Mil. LG Display Co's Cost of Goods Sold for the three months ended in Sep. 2023 was $3,559 Mil. Hence, LG Display Co's Days Payable for the three months ended in Sep. 2023 was 89.47.

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

LPL' s Days Payable Range Over the Past 10 Years
Min: 45.25 Med: 51.33 Max: 112.17
Current: 112.17

During the past 13 years, LG Display Co's highest Days Payable was 112.17. The lowest was 45.25. And the median was 51.33.

LPL's Days Payable is ranked better than
75.42% of 2417 companies
in the Hardware industry
Industry Median: 68 vs LPL: 112.17

LG Display Co's Days Payable increased from Sep. 2022 (67.47) to Sep. 2023 (89.47). It may suggest that LG Display Co delayed paying its suppliers.

LG Display Co Days Payable Historical Data

The historical data trend for LG Display Co'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.

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LG Display Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

49.41

52.47

66.13

67.97

LG Display Co Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Payable																54.34	76.47	77.94	89.47	-

Competitive Comparison

For the Consumer Electronics subindustry, LG Display Co'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.

LG Display Co Days Payable Distribution

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

* The bar in red indicates where LG Display Co's Days Payable falls into.

LG Display Co 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.

LG Display Co'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
=	( (4066.313	+	3139.92)	/	2 )	/	19347.883	*	365
=	3603.1165					/	19347.883	*	365
=	67.97

LG Display Co's Days Payable for the quarter that ended in Sep. 2023 is calculated as:

	Days Payable (Q: Sep. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Jun. 2023 )	+	Accounts Payable (Q: Sep. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Sep. 2023 )	*	Days in Period
=	( (3454.186	+	3524.466)	/	2 )	/	3558.555	*	365 / 4
=	3489.326					/	3558.555	*	365 / 4
=	89.47

LG Display Co Days Payable Related Terms

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LG Display Co (LG Display Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » LG Display Co Ltd (NYSE:LPL) » Definitions » Days Payable

Traded in Other Exchanges

034220:Korea LGA:Germany LGA:Austria

Address

LG Twin Towers, 128 Yeoui-daero, Yeongdeungpo-gu, Seoul, KOR, 07336

Website

https://www.lgdisplay.com

LG Display is a South Korea-based company that is principally engaged in developing, manufacturing and selling TFT-LCD and OLED display panels. The company's products consist of panels for notebook computers, monitors, televisions, smartphones, tablets, and others. The company conducts direct sales through overseas subsidiaries in a number of countries, including the United States, Germany, Japan, Taiwan, China, and Singapore. These subsidiaries conduct sales activities and offer technical support to clients. The company generates the majority of its revenue from overseas markets, with the rest from South Korea.