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Lift Global Ventures (AQSE:LFT) Days Payable : 505.38 (As of Dec. 2023)


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What is Lift Global Ventures Days Payable?

Lift Global Ventures's average Accounts Payable for the six months ended in Dec. 2023 was £0.07 Mil. Lift Global Ventures's Cost of Goods Sold for the six months ended in Dec. 2023 was £0.03 Mil. Hence, Lift Global Ventures's Days Payable for the six months ended in Dec. 2023 was 505.38.

The historical rank and industry rank for Lift Global Ventures's Days Payable or its related term are showing as below:

AQSE:LFT' s Days Payable Range Over the Past 10 Years
Min: 0   Med: 0   Max: 1417.88
Current: 1417.88

During the past 2 years, Lift Global Ventures's highest Days Payable was 1417.88. The lowest was 0.00. And the median was 0.00.

AQSE:LFT's Days Payable is ranked better than
90.79% of 76 companies
in the Diversified Financial Services industry
Industry Median: 84.53 vs AQSE:LFT: 1417.88

Lift Global Ventures's Days Payable increased from Dec. 2022 (0.00) to Dec. 2023 (505.38). It may suggest that Lift Global Ventures delayed paying its suppliers.


Lift Global Ventures Days Payable Historical Data

The historical data trend for Lift Global Ventures'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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Lift Global Ventures Days Payable Chart

Lift Global Ventures Annual Data
Trend Jun22 Jun23
Days Payable
- -

Lift Global Ventures Semi-Annual Data
Jun22 Dec22 Jun23 Dec23
Days Payable - - - 505.38

Competitive Comparison of Lift Global Ventures's Days Payable

For the Shell Companies subindustry, Lift Global Ventures'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.


Lift Global Ventures's Days Payable Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Lift Global Ventures's Days Payable distribution charts can be found below:

* The bar in red indicates where Lift Global Ventures's Days Payable falls into.



Lift Global Ventures 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.

Lift Global Ventures's Days Payable for the fiscal year that ended in Jun. 2023 is calculated as

Days Payable (A: Jun. 2023 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Jun. 2022 ) + Accounts Payable (A: Jun. 2023 )) / count ) / Cost of Goods Sold (A: Jun. 2023 )*Days in Period
=( (0 + 0.093) / 1 ) / 0*365
=0.093 / 0*365
=N/A

Lift Global Ventures's Days Payable for the quarter that ended in Dec. 2023 is calculated as:

Days Payable (Q: Dec. 2023 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Jun. 2023 ) + Accounts Payable (Q: Dec. 2023 )) / count ) / Cost of Goods Sold (Q: Dec. 2023 )*Days in Period
=( (0.093 + 0.051) / 2 ) / 0.026*365 / 2
=0.072 / 0.026*365 / 2
=505.38

* 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.


Lift Global Ventures Days Payable Related Terms

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Lift Global Ventures (AQSE:LFT) Business Description

Traded in Other Exchanges
N/A
Address
15 Ingestre Place, Suite 1, London, GBR, W1F 0DU
Lift Global Ventures PLC is formed to identify potential investment and acquisition opportunities in companies operating within the financial media and related technology industries.