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Lianluo Smart (Lianluo Smart) Days Payable : 297.25 (As of Dec. 2020)


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What is Lianluo Smart Days Payable?

Lianluo Smart's average Accounts Payable for the six months ended in Dec. 2020 was $0.11 Mil. Lianluo Smart's Cost of Goods Sold for the six months ended in Dec. 2020 was $0.07 Mil. Hence, Lianluo Smart's Days Payable for the six months ended in Dec. 2020 was 297.25.

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

LLIT' s Days Payable Range Over the Past 10 Years
Min: 0.82   Med: 13.85   Max: 111.5
Current: 83.87

During the past 13 years, Lianluo Smart's highest Days Payable was 111.50. The lowest was 0.82. And the median was 13.85.

LLIT's Days Payable is not ranked
in the Medical Devices & Instruments industry.
Industry Median: 73.355 vs LLIT: 83.87

Lianluo Smart's Days Payable increased from Dec. 2019 (136.73) to Dec. 2020 (297.25). It may suggest that Lianluo Smart delayed paying its suppliers.


Lianluo Smart Days Payable Historical Data

The historical data trend for Lianluo Smart'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.

Lianluo Smart Days Payable Chart

Lianluo Smart Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.00 13.33 67.90 112.99 69.11

Lianluo Smart Semi-Annual Data
Jun11 Dec11 Jun12 Dec12 Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20
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 169.16 108.06 136.73 66.39 297.25

Competitive Comparison of Lianluo Smart's Days Payable

For the Medical Devices subindustry, Lianluo Smart'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.


Lianluo Smart's Days Payable Distribution in the Medical Devices & Instruments Industry

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

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



Lianluo Smart 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.

Lianluo Smart's Days Payable for the fiscal year that ended in Dec. 2020 is calculated as

Days Payable (A: Dec. 2020 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Dec. 2019 ) + Accounts Payable (A: Dec. 2020 )) / count ) / Cost of Goods Sold (A: Dec. 2020 )*Days in Period
=( (0.226 + 0.019) / 2 ) / 0.647*365
=0.1225 / 0.647*365
=69.11

Lianluo Smart's Days Payable for the quarter that ended in Dec. 2020 is calculated as:

Days Payable (Q: Dec. 2020 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Jun. 2020 ) + Accounts Payable (Q: Dec. 2020 )) / count ) / Cost of Goods Sold (Q: Dec. 2020 )*Days in Period
=( (0.196 + 0.019) / 2 ) / 0.066*365 / 2
=0.1075 / 0.066*365 / 2
=297.25

* 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.


Lianluo Smart Days Payable Related Terms

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Lianluo Smart (Lianluo Smart) Business Description

Traded in Other Exchanges
N/A
Address
No. 10 Baifuquan Roa, Room 611, 6th Floor, BeiKong Technology Building, Changping District, Beijing, CHN, 102200
Lianluo Smart Ltd design, develop and market medical products and medical components. The company focuses on the business sectors of; Medical Equipment and the provision of Obstructive Sleep Apnea Syndrome (OSAS) diagnostic services. Its products include wearable sleep respiratory devices, medical devices for cardiopulmonary resuscitation, DHR998 Plus, and others. The company sells its products to distributors, hospitals and physical examination centers, and others. All of its revenue is generated from China.