Lightspeed Commerce (LTS:0A8V) Days Payable : 27.08 (As of Dec. 2023)

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What is Lightspeed Commerce Days Payable?

Lightspeed Commerce's average Accounts Payable for the three months ended in Dec. 2023 was C$55 Mil. Lightspeed Commerce's Cost of Goods Sold for the three months ended in Dec. 2023 was C$185 Mil. Hence, Lightspeed Commerce's Days Payable for the three months ended in Dec. 2023 was 27.08.

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

LTS:0A8V' s Days Payable Range Over the Past 10 Years
Min: 33.33 Med: 72.17 Max: 85.25
Current: 33.33

During the past 8 years, Lightspeed Commerce's highest Days Payable was 85.25. The lowest was 33.33. And the median was 72.17.

LTS:0A8V's Days Payable is ranked worse than
63.68% of 2519 companies
in the Software industry
Industry Median: 50.96 vs LTS:0A8V: 33.33

Lightspeed Commerce's Days Payable declined from Dec. 2022 (63.04) to Dec. 2023 (27.08). It may suggest that Lightspeed Commerce accelerated paying its suppliers.

Lightspeed Commerce Days Payable Historical Data

The historical data trend for Lightspeed Commerce'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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Lightspeed Commerce Days Payable Chart

Lightspeed Commerce Annual Data

Trend

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Payable

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85.25

83.25

69.41

40.27

33.55

Lightspeed Commerce 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															63.04	49.82	27.48	26.10	27.08

Competitive Comparison of Lightspeed Commerce's Days Payable

For the Software - Application subindustry, Lightspeed Commerce'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.

Lightspeed Commerce's Days Payable Distribution in the Software Industry

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

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

Lightspeed Commerce 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.

Lightspeed Commerce's Days Payable for the fiscal year that ended in Mar. 2023 is calculated as

	Days Payable (A: Mar. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Mar. 2022 )	+	Accounts Payable (A: Mar. 2023 ))	/	count )	/	Cost of Goods Sold (A: Mar. 2023 )	*	Days in Period
=	( (49.684	+	50.57)	/	2 )	/	545.329	*	365
=	50.127					/	545.329	*	365
=	33.55

Lightspeed Commerce'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
=	( (57.4	+	52.646)	/	2 )	/	185.433	*	365 / 4
=	55.023					/	185.433	*	365 / 4
=	27.08

Lightspeed Commerce Days Payable Related Terms

Thank you for viewing the detailed overview of Lightspeed Commerce's Days Payable provided by GuruFocus.com. Please click on the following links to see related term pages.

Lightspeed Commerce (LTS:0A8V) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Lightspeed Commerce Inc (LTS:0A8V) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

LSPD:USA 3L50:Germany LSPD:Canada

Address

700 Saint-Antoine Street East, Suite 300, Montreal, QC, CAN, H2Y 1A6

Website

https://www.lightspeedhq.com

Lightspeed Commerce Inc provides an omni-channel commerce-enabling SaaS platform. Its software platform provides customers with the functionality it needs to engage with consumers, manage their operations, accept payments, and grow their business. The company sells its platform through a direct sales force in the United States, Canada, New Zealand, United Kingdom, Australia and other countries. It derives a majority of its revenue from the United States.

Lightspeed Commerce (LTS:0A8V) Headlines

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