Lords Group Trading (LSE:LORD) Days Payable : 68.91 (As of Jun. 2023)

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What is Lords Group Trading Days Payable?

Lords Group Trading's average Accounts Payable for the six months ended in Jun. 2023 was £66.9 Mil. Lords Group Trading's Cost of Goods Sold for the six months ended in Jun. 2023 was £177.2 Mil. Hence, Lords Group Trading's Days Payable for the six months ended in Jun. 2023 was 68.91.

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

LSE:LORD' s Days Payable Range Over the Past 10 Years
Min: 65.91 Med: 80.99 Max: 179.66
Current: 68.17

During the past 5 years, Lords Group Trading's highest Days Payable was 179.66. The lowest was 65.91. And the median was 80.99.

LSE:LORD's Days Payable is ranked better than
64.58% of 144 companies
in the Industrial Distribution industry
Industry Median: 53.42 vs LSE:LORD: 68.17

Lords Group Trading's Days Payable increased from Jun. 2022 (68.13) to Jun. 2023 (68.91). It may suggest that Lords Group Trading delayed paying its suppliers.

Lords Group Trading Days Payable Historical Data

The historical data trend for Lords Group Trading'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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Lords Group Trading Days Payable Chart

Lords Group Trading Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Days Payable

80.99

179.66

94.56

75.09

65.91

Lords Group Trading Semi-Annual Data
	Dec18	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23
Days Payable	Get a 7-Day Free Trial				74.88	69.59	68.13	69.51	68.91

Competitive Comparison of Lords Group Trading's Days Payable

For the Industrial Distribution subindustry, Lords Group Trading'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.

Lords Group Trading's Days Payable Distribution in the Industrial Distribution Industry

For the Industrial Distribution industry and Industrials sector, Lords Group Trading's Days Payable distribution charts can be found below:

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

Lords Group Trading 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.

Lords Group Trading'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
=	( (57.991	+	72.469)	/	2 )	/	361.237	*	365
=	65.23					/	361.237	*	365
=	65.91

Lords Group Trading'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
=	( (72.469	+	61.319)	/	2 )	/	177.153	*	365 / 2
=	66.894					/	177.153	*	365 / 2
=	68.91

Lords Group Trading Days Payable Related Terms

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Lords Group Trading (LSE:LORD) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Distribution » Lords Group Trading PLC (LSE:LORD) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

7S6:Germany

Address

12-15 Hanger Green, 2nd Floor, London, GBR, W5 3EL

Website

https://www.lordsgrouptradingplc.co.uk

Lords Group Trading PLC is a distributor of building, plumbing, heating, and DIY goods. The group principally sells to local tradesmen, small to medium-sized plumbing and heating merchants, construction companies and retails directly to the public. Its operating two divisions include Merchanting: supplies building materials and DIY goods through its network of merchant businesses and online platform capabilities; Heating and Plumbing: a distributor in the UK of heating and plumbing products to a UK network of independent merchants, installers and the general public. It focused on the growing Repairs, Maintenance, and Improvement (RMI) market, and construction market. Its main clients are local tradesmen, hardware stores, plumbing and heating merchants and construction companies.

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