Lamda Development (LTS:0NCY) Days Payable : 264.39 (As of Dec. 2023)

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What is Lamda Development Days Payable?

Lamda Development's average Accounts Payable for the three months ended in Dec. 2023 was €385.7 Mil. Lamda Development's Cost of Goods Sold for the three months ended in Dec. 2023 was €133.1 Mil. Hence, Lamda Development's Days Payable for the three months ended in Dec. 2023 was 264.39.

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

LTS:0NCY' s Days Payable Range Over the Past 10 Years
Min: 270.09 Med: 806.17 Max: 1385.02
Current: 464.75

During the past 13 years, Lamda Development's highest Days Payable was 1385.02. The lowest was 270.09. And the median was 806.17.

LTS:0NCY's Days Payable is ranked better than
86.77% of 1580 companies
in the Real Estate industry
Industry Median: 98.245 vs LTS:0NCY: 464.75

Lamda Development's Days Payable declined from Dec. 2022 (326.89) to Dec. 2023 (264.39). It may suggest that Lamda Development accelerated paying its suppliers.

Lamda Development Days Payable Historical Data

The historical data trend for Lamda Development'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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Lamda Development Days Payable Chart

Lamda Development Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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1,385.02

969.44

621.15

617.62

402.68

Lamda Development Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Payable	Get a 7-Day Free Trial															326.89	828.64	549.99	750.44	264.39

Competitive Comparison of Lamda Development's Days Payable

For the Real Estate - Development subindustry, Lamda Development'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.

Lamda Development's Days Payable Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Lamda Development's Days Payable distribution charts can be found below:

* The bar in red indicates where Lamda Development's Days Payable falls into.

Lamda Development 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.

Lamda Development'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
=	( (265.225	+	339.015)	/	2 )	/	273.853	*	365
=	302.12					/	273.853	*	365
=	402.68

Lamda Development'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: Sep. 2023 )	+	Accounts Payable (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (432.399	+	339.015)	/	2 )	/	133.12	*	365 / 4
=	385.707					/	133.12	*	365 / 4
=	264.39

Lamda Development Days Payable Related Terms

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Lamda Development (LTS:0NCY) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Lamda Development SA (LTS:0NCY) » Definitions » Days Payable

Traded in Other Exchanges

LAMDA:Greece LDQ:Germany

Address

37A Kifissias Avenue (Inside Golden Hall), Maroussi, GRC, 15123

Website

https://www.lamdadev.com

Lamda Development SA is a holding company specializing in real estate development, investment, and management. The company's development portfolio includes three commercial and leisure centers, namely The Mall Athens, Golden Hall, and Mediterranean Cosmos; office buildings, and residential complexes. The company's investment portfolio is located in Greece and is mostly in the retail industry. In addition, Lamda Development develops land, builds marinas, maintains yachts, and provides refurbishing and airport services.

Lamda Development (LTS:0NCY) Headlines

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