GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Lydall Inc (NYSE:LDL) » Definitions » Days Payable

Lydall (Lydall) Days Payable : 60.34 (As of Jun. 2021)


View and export this data going back to 1989. Start your Free Trial

What is Lydall Days Payable?

Lydall's average Accounts Payable for the three months ended in Jun. 2021 was $115.0 Mil. Lydall's Cost of Goods Sold for the three months ended in Jun. 2021 was $174.0 Mil. Hence, Lydall's Days Payable for the three months ended in Jun. 2021 was 60.34.

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

LDL' s Days Payable Range Over the Past 10 Years
Min: 34.3   Med: 40.38   Max: 54
Current: 54

During the past 13 years, Lydall's highest Days Payable was 54.00. The lowest was 34.30. And the median was 40.38.

LDL's Days Payable is not ranked
in the Industrial Products industry.
Industry Median: 76 vs LDL: 54.00

Lydall's Days Payable declined from Jun. 2020 (66.31) to Jun. 2021 (60.34). It may suggest that Lydall accelerated paying its suppliers.


Lydall Days Payable Historical Data

The historical data trend for Lydall'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.

Lydall Days Payable Chart

Lydall 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 42.13 43.75 41.97 39.08 51.68

Lydall Quarterly Data
Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21
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 66.31 48.52 54.57 55.02 60.34

Competitive Comparison of Lydall's Days Payable

For the Specialty Industrial Machinery subindustry, Lydall'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.


Lydall's Days Payable Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Lydall's Days Payable distribution charts can be found below:

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



Lydall 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.

Lydall'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
=( (73.426 + 101.905) / 2 ) / 619.166*365
=87.6655 / 619.166*365
=51.68

Lydall's Days Payable for the quarter that ended in Jun. 2021 is calculated as:

Days Payable (Q: Jun. 2021 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Mar. 2021 ) + Accounts Payable (Q: Jun. 2021 )) / count ) / Cost of Goods Sold (Q: Jun. 2021 )*Days in Period
=( (113.416 + 116.631) / 2 ) / 173.958*365 / 4
=115.0235 / 173.958*365 / 4
=60.34

* 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.


Lydall Days Payable Related Terms

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


Lydall (Lydall) Business Description

Traded in Other Exchanges
N/A
Address
One Colonial Road, Manchester, CT, USA, 06042
Lydall Inc, through its subsidiaries, designs and manufactures specialty engineered filtration media, industrial thermal insulating solutions, automotive thermal and acoustical barriers, medical filtration media and devices. The company's products are primarily sold directly to customers through an internal sales force and distributed via common carrier. Its reportable segments were Performance Materials, Technical Nonwovens and Thermal Acoustical Solutions. It derives most of its revenues from the United States of America.
Executives
Robert B. Junker officer: President, Lydall TNW LYDALL, INC. ONE COLONIAL ROAD MANCHESTER CT 06042
Kathleen Burdett director 553 AMOSTOWN ROAD WEST SPRINGFIELD MA 01089
Soderstrom S Carl Jr director 2135 WEST MAPLE RD, TROY MI 04084
Matthew Farrell director
Joseph A. Abbruzzi officer: Pres., Thermal Acoustical Solu C/O LYDALL, INC. ONE COLONIAL ROAD MANCHESTER CT 06042
Kelly C. Scott officer: Vice President, CHRO C/O LYDALL, INC. ONE COLONIAL ROAD MANCHESTER CT 06042
Marc T Giles director 1 COLONIAL ROAD, MANCHESTER CT 06042
John J Tedone officer: VP Finance & Chief Acct Off 501 DUNN ROAD, COVENTRY CT 06238
Ashish P. Diwanji officer: SVP, Innovation & CTO C/O LYDALL, INC. ONE COLONIAL ROAD MANCHESTER CT 06074
James J Cannon director 1000 STANLEY DRIVE, NEW BRITAIN CT 06053
Suzanne Hammett director
William D Gurley director C/O LYDALL, INC. 1 COLONIAL ROAD PO BOX 151 MANCHESTER CT 06040
David G Bills director 1500 DEKOVEN AVE., RACINE WI 53403
Randall B Gonzales officer: EXEC VP & CFO EOS ENERGY ENTERPRISES, INC., 3920 PARK AVENUE, EDISON NJ 08820
Paul A Marold officer: President, Lydall PM ONE COLONIAL ROAD MANCHESTER CT 06042