Linus Digital Finance AG (FRA:LDF) Days Payable : 142.15 (As of Jun. 2023)

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What is Linus Digital Finance AG Days Payable?

Linus Digital Finance AG's average Accounts Payable for the six months ended in Jun. 2023 was €2.14 Mil. Linus Digital Finance AG's Cost of Goods Sold for the six months ended in Jun. 2023 was €2.75 Mil. Hence, Linus Digital Finance AG's Days Payable for the six months ended in Jun. 2023 was 142.15.

The historical rank and industry rank for Linus Digital Finance AG's Days Payable or its related term are showing as below:

FRA:LDF' s Days Payable Range Over the Past 10 Years
Min: 63.97 Med: 94.8 Max: 115.27
Current: 115.27

During the past 3 years, Linus Digital Finance AG's highest Days Payable was 115.27. The lowest was 63.97. And the median was 94.80.

FRA:LDF's Days Payable is ranked better than
61.11% of 468 companies
in the Asset Management industry
Industry Median: 68.825 vs FRA:LDF: 115.27

Linus Digital Finance AG's Days Payable increased from Jun. 2022 (38.55) to Jun. 2023 (142.15). It may suggest that Linus Digital Finance AG delayed paying its suppliers.

Linus Digital Finance AG Days Payable Historical Data

The historical data trend for Linus Digital Finance AG'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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Linus Digital Finance AG Days Payable Chart

Linus Digital Finance AG Annual Data

Trend

Dec20

Dec21

Dec22

Days Payable

94.80

63.97

97.09

Linus Digital Finance AG Semi-Annual Data
	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23
Days Payable	Get a 7-Day Free Trial			76.75	98.84	38.55	124.22	142.15

Competitive Comparison of Linus Digital Finance AG's Days Payable

For the Asset Management subindustry, Linus Digital Finance AG'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.

Linus Digital Finance AG's Days Payable Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Linus Digital Finance AG's Days Payable distribution charts can be found below:

* The bar in red indicates where Linus Digital Finance AG's Days Payable falls into.

Linus Digital Finance AG 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.

Linus Digital Finance AG'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
=	( (1.231	+	2.775)	/	2 )	/	7.53	*	365
=	2.003					/	7.53	*	365
=	97.09

Linus Digital Finance AG's Days Payable for the quarter that ended in Jun. 2023 is calculated as:

	Days Payable (Q: Jun. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Dec. 2022 )	+	Accounts Payable (Q: Jun. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Jun. 2023 )	*	Days in Period
=	( (2.775	+	1.509)	/	2 )	/	2.75	*	365 / 2
=	2.142					/	2.75	*	365 / 2
=	142.15

Linus Digital Finance AG Days Payable Related Terms

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Linus Digital Finance AG (FRA:LDF) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Linus Digital Finance AG (FRA:LDF) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

LDF:Germany

Address

Alexanderstrasse 7, Berlin, DEU, 10178

Website

https://www.linus-finance.com

Linus Digital Finance AG is engaged in the development and management of financing solutions for real estate projects. Its digital platform gives professional and semi-professional investors access to curated real estate investments. The company's operating segment includes Linus Corporate and Linus Funds. It generates maximum revenue from the Linus Corporate segment.

Linus Digital Finance AG (FRA:LDF) Headlines

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