Lucara Diamond (LTS:0QUI) Days Payable : 116.73 (As of Dec. 2023)

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What is Lucara Diamond Days Payable?

Lucara Diamond's average Accounts Payable for the three months ended in Dec. 2023 was kr404 Mil. Lucara Diamond's Cost of Goods Sold for the three months ended in Dec. 2023 was kr316 Mil. Hence, Lucara Diamond's Days Payable for the three months ended in Dec. 2023 was 116.73.

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

LTS:0QUI' s Days Payable Range Over the Past 10 Years
Min: 42.81 Med: 54.71 Max: 113.35
Current: 102.48

During the past 13 years, Lucara Diamond's highest Days Payable was 113.35. The lowest was 42.81. And the median was 54.71.

LTS:0QUI's Days Payable is ranked worse than
54.84% of 1065 companies
in the Metals & Mining industry
Industry Median: 130.91 vs LTS:0QUI: 102.48

Lucara Diamond's Days Payable increased from Dec. 2022 (98.90) to Dec. 2023 (116.73). It may suggest that Lucara Diamond delayed paying its suppliers.

Lucara Diamond Days Payable Historical Data

The historical data trend for Lucara Diamond'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.

Lucara Diamond Days Payable Chart

Lucara Diamond Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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44.57

44.99

47.08

74.96

113.31

Lucara Diamond 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															98.90	97.48	109.47	80.65	116.73

Competitive Comparison of Lucara Diamond's Days Payable

For the Other Precious Metals & Mining subindustry, Lucara Diamond'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.

Lucara Diamond's Days Payable Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Lucara Diamond's Days Payable distribution charts can be found below:

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

Lucara Diamond 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.

Lucara Diamond'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
=	( (308.112	+	436.769)	/	2 )	/	1199.678	*	365
=	372.4405					/	1199.678	*	365
=	113.31

Lucara Diamond'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
=	( (371.13	+	436.769)	/	2 )	/	315.77	*	365 / 4
=	403.9495					/	315.77	*	365 / 4
=	116.73

Lucara Diamond Days Payable Related Terms

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Lucara Diamond (LTS:0QUI) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Lucara Diamond Corp (LTS:0QUI) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

LUCRF:USA LUC:Sweden LKT:Germany LUC:Canada LUC:Botswana

Address

1250 Homer Street, 502, Vancouver, BC, CAN, V6B 2Y5

Website

http://www.lucaradiamond.com

Lucara Diamond Corp is a diamond mining company engaged in the development and operations of diamond properties in Africa. Its business segment includes Karowe Mine, Corporate and other. The company earns the majority of its revenue from the Karowe Mine segment.

Lucara Diamond (LTS:0QUI) Headlines

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