LHN Logistics (SGX:GIH) Days Payable : 71.23 (As of Mar. 2023)

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What is LHN Logistics Days Payable?

LHN Logistics's average Accounts Payable for the six months ended in Mar. 2023 was S$3.33 Mil. LHN Logistics's Cost of Goods Sold for the six months ended in Mar. 2023 was S$8.54 Mil. Hence, LHN Logistics's Days Payable for the six months ended in Mar. 2023 was 71.23.

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

SGX:GIH' s Days Payable Range Over the Past 10 Years
Min: 16.21 Med: 31.78 Max: 64.68
Current: 64.68

During the past 4 years, LHN Logistics's highest Days Payable was 64.68. The lowest was 16.21. And the median was 31.78.

SGX:GIH's Days Payable is not ranked
in the Transportation industry.
Industry Median: 38.78 vs SGX:GIH: 64.68

LHN Logistics's Days Payable increased from Mar. 2022 (22.03) to Mar. 2023 (71.23). It may suggest that LHN Logistics delayed paying its suppliers.

LHN Logistics Days Payable Historical Data

The historical data trend for LHN Logistics'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.

* Premium members only.

LHN Logistics Days Payable Chart

LHN Logistics Annual Data

Trend

Sep19

Sep20

Sep21

Sep22

Days Payable

41.66

36.34

27.22

16.21

LHN Logistics Semi-Annual Data
	Sep19	Sep20	Sep21	Mar22	Sep22	Mar23
Days Payable	Get a 7-Day Free Trial			-	-	22.03	10.89	71.23

Competitive Comparison of LHN Logistics's Days Payable

For the Integrated Freight & Logistics subindustry, LHN Logistics'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.

LHN Logistics's Days Payable Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, LHN Logistics's Days Payable distribution charts can be found below:

* The bar in red indicates where LHN Logistics's Days Payable falls into.

LHN Logistics 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.

LHN Logistics's Days Payable for the fiscal year that ended in Sep. 2022 is calculated as

	Days Payable (A: Sep. 2022 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Sep. 2021 )	+	Accounts Payable (A: Sep. 2022 ))	/	count )	/	Cost of Goods Sold (A: Sep. 2022 )	*	Days in Period
=	( (1.134	+	0.613)	/	2 )	/	19.664	*	365
=	0.8735					/	19.664	*	365
=	16.21

LHN Logistics's Days Payable for the quarter that ended in Mar. 2023 is calculated as:

	Days Payable (Q: Mar. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Sep. 2022 )	+	Accounts Payable (Q: Mar. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Mar. 2023 )	*	Days in Period
=	( (0.613	+	6.052)	/	2 )	/	8.538	*	365 / 2
=	3.3325					/	8.538	*	365 / 2
=	71.23

LHN Logistics Days Payable Related Terms

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LHN Logistics (SGX:GIH) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » LHN Logistics Ltd (SGX:GIH) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

10 Raeburn Park No. 02-15B, Singapore, SGP, 088702

Website

https://www.lhnlogistics.com

LHN Logistics Ltd is a logistics services group with two principal business segments, namely, transportation and container depot services. Geographically it derives a majority of its revenue from Singapore.

LHN Logistics (SGX:GIH) Headlines

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