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Lentex (WAR:LTX) Days Payable : 49.32 (As of Dec. 2023)


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What is Lentex Days Payable?

Lentex's average Accounts Payable for the three months ended in Dec. 2023 was zł27.5 Mil. Lentex's Cost of Goods Sold for the three months ended in Dec. 2023 was zł50.8 Mil. Hence, Lentex's Days Payable for the three months ended in Dec. 2023 was 49.32.

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

WAR:LTX' s Days Payable Range Over the Past 10 Years
Min: 35.82   Med: 41.48   Max: 56.27
Current: 44.93

During the past 13 years, Lentex's highest Days Payable was 56.27. The lowest was 35.82. And the median was 41.48.

WAR:LTX's Days Payable is ranked worse than
74.88% of 1604 companies
in the Construction industry
Industry Median: 74.18 vs WAR:LTX: 44.93

Lentex's Days Payable increased from Dec. 2022 (43.25) to Dec. 2023 (49.32). It may suggest that Lentex delayed paying its suppliers.


Lentex Days Payable Historical Data

The historical data trend for Lentex'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.

Lentex Days Payable Chart

Lentex Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 42.76 35.82 44.92 36.73 40.20

Lentex 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 43.25 47.25 44.20 44.58 49.32

Competitive Comparison of Lentex's Days Payable

For the Building Products & Equipment subindustry, Lentex'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.


Lentex's Days Payable Distribution in the Construction Industry

For the Construction industry and Industrials sector, Lentex's Days Payable distribution charts can be found below:

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



Lentex 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.

Lentex'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
=( (31.918 + 23.766) / 2 ) / 252.786*365
=27.842 / 252.786*365
=40.20

Lentex'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
=( (31.185 + 23.766) / 2 ) / 50.835*365 / 4
=27.4755 / 50.835*365 / 4
=49.32

* 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.


Lentex Days Payable Related Terms

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Lentex (WAR:LTX) Business Description

Traded in Other Exchanges
Address
Ul Powstancow Slaskich 54, Lubliniec, POL, 42-700
Lentex SA is a Poland based producer and seller of PVC floor coverings designed for residential and commercial areas and sports facilities. It manufactures nonwoven fabrics for several applications such as sanitary, technical, automotive, construction, furniture, clothing, filtration and many other, depending on clients' needs.

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