LaserBond (ASX:LBL) Days Payable : 39.70 (As of Dec. 2024)

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What is LaserBond Days Payable?

LaserBond's average Accounts Payable for the six months ended in Dec. 2024 was A$2.22 Mil. LaserBond's Cost of Goods Sold for the six months ended in Dec. 2024 was A$10.20 Mil. Hence, LaserBond's Days Payable for the six months ended in Dec. 2024 was 39.70.

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

ASX:LBL' s Days Payable Range Over the Past 10 Years
Min: 29.01 Med: 37.91 Max: 49
Current: 49

During the past 13 years, LaserBond's highest Days Payable was 49.00. The lowest was 29.01. And the median was 37.91.

ASX:LBL's Days Payable is ranked worse than
70.91% of 2932 companies
in the Industrial Products industry
Industry Median: 76.11 vs ASX:LBL: 49.00

LaserBond's Days Payable declined from Dec. 2023 (54.06) to Dec. 2024 (39.70). It may suggest that LaserBond accelerated paying its suppliers.

LaserBond Days Payable Historical Data

The historical data trend for LaserBond'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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LaserBond Days Payable Chart

LaserBond Annual Data

Trend

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Jun24

Days Payable

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41.95

39.23

42.62

36.59

29.01

LaserBond Semi-Annual Data
	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24
Days Payable	Get a 7-Day Free Trial															60.58	58.96	54.06	46.27	39.70

Competitive Comparison of LaserBond's Days Payable

For the Specialty Industrial Machinery subindustry, LaserBond'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.

LaserBond's Days Payable Distribution in the Industrial Products Industry

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

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

LaserBond 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.

LaserBond'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
=	( (1.794	+	1.439)	/	2 )	/	20.342	*	365
=	1.6165					/	20.342	*	365
=	29.01

LaserBond's Days Payable for the quarter that ended in Dec. 2024 is calculated as:

	Days Payable (Q: Dec. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Jun. 2024 )	+	Accounts Payable (Q: Dec. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2024 )	*	Days in Period
=	( (1.439	+	3)	/	2 )	/	10.204	*	365 / 2
=	2.2195					/	10.204	*	365 / 2
=	39.70

LaserBond Days Payable Related Terms

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LaserBond Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » LaserBond Ltd (ASX:LBL) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

2/57 Anderson Road, Smeaton Grange, Sydney, NSW, AUS, 2567

Website

https://www.laserbond.com.au

LaserBond Ltd is engaged in the manufacture and reclamation of industrial components and assemblies used in capital-intensive industries and environments such as mining, minerals processing, energy, construction, and primary metals manufacturing. The company's operating segment includes Services, Products, Technology and Research and Development. It generates maximum revenue from the services segment. Geographically, it operates only in Australia. The company serves Mining, Drilling, Mineral processing, Power Generation, Transport and Marine, Fluid Handling, and Other Industries.

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