AJ Lucas Group (ASX:AJL) Days Payable : 70.07 (As of Jun. 2024)

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What is AJ Lucas Group Days Payable?

AJ Lucas Group's average Accounts Payable for the six months ended in Jun. 2024 was A$16.5 Mil. AJ Lucas Group's Cost of Goods Sold for the six months ended in Jun. 2024 was A$43.1 Mil. Hence, AJ Lucas Group's Days Payable for the six months ended in Jun. 2024 was 70.07.

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

ASX:AJL' s Days Payable Range Over the Past 10 Years
Min: 58.45 Med: 108.46 Max: 158.47
Current: 105.6

During the past 13 years, AJ Lucas Group's highest Days Payable was 158.47. The lowest was 58.45. And the median was 108.46.

ASX:AJL's Days Payable is ranked better than
85.9% of 603 companies
in the Steel industry
Industry Median: 40.36 vs ASX:AJL: 105.60

AJ Lucas Group's Days Payable increased from Jun. 2023 (0.00) to Jun. 2024 (70.07). It may suggest that AJ Lucas Group delayed paying its suppliers.

AJ Lucas Group Days Payable Historical Data

The historical data trend for AJ Lucas Group'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.

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AJ Lucas Group Days Payable Chart

AJ Lucas Group Annual Data

Trend

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Jun24

Days Payable

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58.45

AJ Lucas Group Semi-Annual Data
	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Days Payable	Get a 7-Day Free Trial															-	-	-	-	70.07

Competitive Comparison of AJ Lucas Group's Days Payable

For the Coking Coal subindustry, AJ Lucas Group'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.

AJ Lucas Group's Days Payable Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, AJ Lucas Group's Days Payable distribution charts can be found below:

* The bar in red indicates where AJ Lucas Group's Days Payable falls into.

AJ Lucas Group 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.

AJ Lucas Group's Days Payable for the fiscal year that ended in Jun. 2024 is calculated as

	Days Payable (A: Jun. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Jun. 2023 )	+	Accounts Payable (A: Jun. 2024 ))	/	count )	/	Cost of Goods Sold (A: Jun. 2024 )	*	Days in Period
=	( (4.313	+	9.481)	/	2 )	/	43.071	*	365
=	6.897					/	43.071	*	365
=	58.45

AJ Lucas Group's Days Payable for the quarter that ended in Jun. 2024 is calculated as:

	Days Payable (Q: Jun. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Dec. 2023 )	+	Accounts Payable (Q: Jun. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Jun. 2024 )	*	Days in Period
=	( (23.591	+	9.481)	/	2 )	/	43.071	*	365 / 2
=	16.536					/	43.071	*	365 / 2
=	70.07

AJ Lucas Group Days Payable Related Terms

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AJ Lucas Group Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » AJ Lucas Group Ltd (ASX:AJL) » Definitions » Days Payable

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AJLGF:USA

Address

167 Eagle Street, Level 22, Emirates House, Brisbane, QLD, AUS, 4000

Website

https://www.lucas.com.au

AJ Lucas Group Ltd is a provider of drilling services in Australia in the coal sector, but also in the wider energy, water, wastewater, and resources sectors. The company is structured into two principal operating segments: Drilling and Oil & Gas Operations. All of the company's revenues are generated from the Drilling segment in Australia.

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