Luxbright AB (OSTO:LXB) Days Payable : 215.87 (As of Jun. 2023)

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What is Luxbright AB Days Payable?

Luxbright AB's average Accounts Payable for the six months ended in Jun. 2023 was kr1.39 Mil. Luxbright AB's Cost of Goods Sold for the six months ended in Jun. 2023 was kr1.18 Mil. Hence, Luxbright AB's Days Payable for the six months ended in Jun. 2023 was 215.87.

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

OSTO:LXB' s Days Payable Range Over the Past 10 Years
Min: 718.37 Med: 1213.48 Max: 1213.48
Current: 718.37

During the past 5 years, Luxbright AB's highest Days Payable was 1213.48. The lowest was 718.37. And the median was 1213.48.

OSTO:LXB's Days Payable is ranked better than
93.66% of 789 companies
in the Medical Devices & Instruments industry
Industry Median: 72.99 vs OSTO:LXB: 718.37

Luxbright AB's Days Payable increased from Jun. 2022 (147.61) to Jun. 2023 (215.87). It may suggest that Luxbright AB delayed paying its suppliers.

Luxbright AB Days Payable Historical Data

The historical data trend for Luxbright AB'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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Luxbright AB Days Payable Chart

Luxbright AB Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Days Payable

1,213.48

Luxbright AB Semi-Annual Data
	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23
Days Payable	Get a 7-Day Free Trial					4,434.75	-	147.61	-	215.87

Competitive Comparison of Luxbright AB's Days Payable

For the Medical Devices subindustry, Luxbright AB'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.

Luxbright AB's Days Payable Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Luxbright AB's Days Payable distribution charts can be found below:

* The bar in red indicates where Luxbright AB's Days Payable falls into.

Luxbright AB 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.

Luxbright AB'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
=	( (0.77	+	1.391)	/	2 )	/	0.325	*	365
=	1.0805					/	0.325	*	365
=	1,213.48

Luxbright AB'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
=	( (1.391	+	0)	/	1 )	/	1.176	*	365 / 2
=	1.391					/	1.176	*	365 / 2
=	215.87

Luxbright AB Days Payable Related Terms

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Luxbright AB (OSTO:LXB) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Luxbright AB (OSTO:LXB) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

LUR:Germany

Address

Arvid Wallgrens backe 20, Gothenburg, SWE, 41346

Website

https://www.luxbright.com

Luxbright AB is a technology company focusing on developing and commercializing a new generation of X-ray tubes. The company offers innovative X-ray tubes, generators, and future X-ray systems to international system suppliers in order to improve and protect lives by enabling higher resolution X-ray images. The X-ray tubes are a powerful, stable, and cost-effective alternative to conventional X-ray tubes.

Luxbright AB (OSTO:LXB) Headlines

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