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Loma Negra Cia Industria Argentina Days Payable

: 41.68 (As of Sep. 2020)
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Loma Negra Cia Industria Argentina's Accounts Payable for the three months ended in Sep. 2020 was $47.7 Mil. Loma Negra Cia Industria Argentina's Cost of Goods Sold for the three months ended in Sep. 2020 was $104.3 Mil. Hence, Loma Negra Cia Industria Argentina's Days Payable for the three months ended in Sep. 2020 was 41.68.

NYSE:LOMA' s Days Payable Range Over the Past 10 Years
Min: 28.68   Med: 37.26   Max: 56.89
Current: 56.89
28.68
56.89

During the past 6 years, Loma Negra Cia Industria Argentina's highest Days Payable was 56.89. The lowest was 28.68. And the median was 37.26.

NYSE:LOMA's Days Payable is ranked lower than
62% of the 327 Companies
in the Building Materials industry.

( Industry Median: 72.52 vs. NYSE:LOMA: 56.89 )

Loma Negra Cia Industria Argentina's Days Payable declined from Sep. 2019 (92.95) to Sep. 2020 (41.68). It may suggest that Loma Negra Cia Industria Argentina accelerated paying its suppliers.

Loma Negra Cia Industria Argentina Days Payable Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

* Premium members only.

Loma Negra Cia Industria Argentina Annual Data
Dec14 Dec15 Dec16 Dec17 Dec18 Dec19
Days Payable Premium Member Only 36.43 38.09 28.68 42.71 33.44

Loma Negra Cia Industria Argentina Quarterly Data
Dec14 Dec15 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20
Days Payable 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 Premium Member Only Premium Member Only Premium Member Only 92.95 60.31 102.10 100.03 41.68
Competitive Comparison
* 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.

Loma Negra Cia Industria Argentina Days Payable Distribution

* The bar in red indicates where Loma Negra Cia Industria Argentina's Days Payable falls into.


Loma Negra Cia Industria Argentina 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.

Loma Negra Cia Industria Argentina's Days Payable for the fiscal year that ended in Dec. 2019 is calculated as

Days Payable=Accounts Payable/Cost of Goods Sold*Days in Period
=43.140048449483/470.80975547733*365
=33.44

Loma Negra Cia Industria Argentina's Days Payable for the quarter that ended in Sep. 2020 is calculated as:

Days Payable=Accounts Payable/Cost of Goods Sold*Days in Period
=47.656641908854/104.33119893134*365 / 4
=41.68

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

Loma Negra Cia Industria Argentina Days Payable Related Terms

Loma Negra Cia Industria Argentina Days Payable Headlines

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