Lenzing AG (WBO:LNZ) Days Payable : 29.37 (As of Dec. 2023)

View and export this data going back to 1985. Start your Free Trial

What is Lenzing AG Days Payable?

Lenzing AG's average Accounts Payable for the three months ended in Dec. 2023 was €313 Mil. Lenzing AG's Cost of Goods Sold for the three months ended in Dec. 2023 was €972 Mil. Hence, Lenzing AG's Days Payable for the three months ended in Dec. 2023 was 29.37.

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

WBO:LNZ' s Days Payable Range Over the Past 10 Years
Min: 49.44 Med: 62.57 Max: 76.44
Current: 49.44

During the past 13 years, Lenzing AG's highest Days Payable was 76.44. The lowest was 49.44. And the median was 62.57.

WBO:LNZ's Days Payable is ranked worse than
56.59% of 1025 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 56.44 vs WBO:LNZ: 49.44

Lenzing AG's Days Payable declined from Dec. 2022 (73.57) to Dec. 2023 (29.37). It may suggest that Lenzing AG accelerated paying its suppliers.

Lenzing AG Days Payable Historical Data

The historical data trend for Lenzing AG'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.

Lenzing AG Days Payable Chart

Lenzing AG Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

Get a 7-Day Free Trial

76.44

57.76

65.76

71.75

51.41

Lenzing AG 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															73.57	62.52	63.40	56.36	29.37

Competitive Comparison of Lenzing AG's Days Payable

For the Textile Manufacturing subindustry, Lenzing AG'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.

Lenzing AG's Days Payable Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Lenzing AG's Days Payable distribution charts can be found below:

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

Lenzing AG 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.

Lenzing AG'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
=	( (435.433	+	296.322)	/	2 )	/	2597.638	*	365
=	365.8775					/	2597.638	*	365
=	51.41

Lenzing AG'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
=	( (329.5	+	296.322)	/	2 )	/	972.238	*	365 / 4
=	312.911					/	972.238	*	365 / 4
=	29.37

Lenzing AG Days Payable Related Terms

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

Lenzing AG (WBO:LNZ) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Lenzing AG (WBO:LNZ) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

LNZNF:USA 0NCV:UK LEN:Germany

Address

Werkstrasse 2, Lenzing, AUT, 4860

Website

https://www.lenzing.com

Lenzing AG manufactures and sells wood-based cellulose fibers and other chemical-based products. The company's segment includes The Division Fiber produces all three generations of wood-based cellulosic fibers and markets them under the product brands TENCEL, VEOCEL, LENZING ECOVERO, and LENZING. the products made from lyocell, modal, and viscose fibers are used for the production of textiles as well as nonwovens and special applications, The Division Pulp produces and procures dissolving pulp for fiber production. The pulp is used for the company's own cellulosic fiber production and marketed externally, and Others include central headquarters functions. It derives a majority of its revenue from the Division fiber segment.

Executives

Georg Liftinger	Supervisory Board
Dr. Franz Gasselsberger	Supervisory Board
Dr. Christian Bruch	Supervisory Board
Stephan Sielaff	Board of Directors
Daniela Födinger	Supervisory Board
Patrick Prügger	Supervisory Board

Lenzing AG (WBO:LNZ) Headlines

No Headlines