Linedata Services (LTS:0F2S) Days Payable : 30.13 (As of Dec. 2023)

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What is Linedata Services Days Payable?

Linedata Services's average Accounts Payable for the six months ended in Dec. 2023 was €10.0 Mil. Linedata Services's Cost of Goods Sold for the six months ended in Dec. 2023 was €60.6 Mil. Hence, Linedata Services's Days Payable for the six months ended in Dec. 2023 was 30.13.

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

LTS:0F2S' s Days Payable Range Over the Past 10 Years
Min: 26.19 Med: 30.35 Max: 37.99
Current: 34.26

During the past 13 years, Linedata Services's highest Days Payable was 37.99. The lowest was 26.19. And the median was 30.35.

LTS:0F2S's Days Payable is ranked worse than
62.54% of 2528 companies
in the Software industry
Industry Median: 50.5 vs LTS:0F2S: 34.26

Linedata Services's Days Payable declined from Dec. 2022 (39.80) to Dec. 2023 (30.13). It may suggest that Linedata Services accelerated paying its suppliers.

Linedata Services Days Payable Historical Data

The historical data trend for Linedata Services'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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Linedata Services Days Payable Chart

Linedata Services Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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31.81

29.74

37.99

36.42

Linedata Services Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Payable	Get a 7-Day Free Trial															31.81	29.67	39.80	36.05	30.13

Competitive Comparison of Linedata Services's Days Payable

For the Software - Application subindustry, Linedata Services'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.

Linedata Services's Days Payable Distribution in the Software Industry

For the Software industry and Technology sector, Linedata Services's Days Payable distribution charts can be found below:

* The bar in red indicates where Linedata Services's Days Payable falls into.

Linedata Services 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.

Linedata Services's Days Payable for the fiscal year that ended in Dec. 2023 is calculated as

	Days Payable (A: Dec. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Dec. 2022 )	+	Accounts Payable (A: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2023 )	*	Days in Period
=	( (15.116	+	9.777)	/	2 )	/	124.724	*	365
=	12.4465					/	124.724	*	365
=	36.42

Linedata Services'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
=	( (10.227	+	9.777)	/	2 )	/	60.579	*	365 / 2
=	10.002					/	60.579	*	365 / 2
=	30.13

Linedata Services Days Payable Related Terms

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Linedata Services (LTS:0F2S) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Linedata Services SA (LTS:0F2S) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

LIN:France LN4:Germany

Address

19 rue d'Orleans, Neuilly-sur-Seine, FRA, 92200

Website

http://www.linedata.com

Linedata Services SA provides software and service solutions. It caters to the requirements of investment, employee savings, insurance and savings, leasing and credit, and Software as a Service. The company publishes and integrates software packages for the finance sector. It also offers consulting, outsourcing, and maintenance services.

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