Life (ASX:LFC) Days Payable: 30.01 (As of Jun. 2017) — 15% Above Median


What is Life Days Payable?

Life ASX:LFC Days Payable is 30.01 as of Jun. 2017, which is 15% above its 10-year median of 26.02. The stock has 5 warning signs investors should review.

Life's average Accounts Payable for the six months ended in Jun. 2017 was A$0.73 Mil. Life's Cost of Goods Sold for the six months ended in Jun. 2017 was A$1.28 Mil. Hence, Life's Days Payable for the six months ended in Jun. 2017 was 104.34.

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

ASX:LFC' s Days Payable Range Over the Past 10 Years
Min: 2.43   Med: 26.02   Max: 256.61
Current: 177.07

During the past 13 years, Life's highest Days Payable was 256.61. The lowest was 2.43. And the median was 26.02.

ASX:LFC's Days Payable is not ranked
in the Personal Services industry.
Industry Median: 32.93 vs ASX:LFC: 177.07

Life's Days Payable increased from Jun. 2016 (17.27) to Jun. 2017 (30.01). It may suggest that Life delayed paying its suppliers.

Life Days Payable Historical Data

* Premium members only.

The historical data trend for Life'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.

Life Days Payable Chart

Life Annual Data
Trend Jun07 Jun08 Jun09 Jun10 Jun11 Jun12 Jun13 Jun14 Jun16 Jun17
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.00 3.02 33.36 24.44 23.68

Life Semi-Annual Data
Dec07 Jun08 Dec08 Jun09 Dec09 Jun10 Dec10 Jun11 Dec11 Jun12 Dec12 Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17
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 0.00 261.06 17.27 180.77 30.01

Life Days Payable Competitor Comparison

For the Personal Services subindustry, Life'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.

Life Days Payable vs Personal Services Industry

For the Personal Services industry and Consumer Cyclical sector, Life's Days Payable distribution charts can be found below:

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


Life 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.

Life's Days Payable for the fiscal year that ended in Jun. 2017 is calculated as

Days Payable (A: Jun. 2017 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Jun. 2016 ) + Accounts Payable (A: Jun. 2017 )) / count ) / Cost of Goods Sold (A: Jun. 2017 )*Days in Period
=( (0.12 + 0.211) / 2 ) / 2.551*365
=0.1655 / 2.551*365
=23.68

Life's Days Payable for the quarter that ended in Jun. 2017 is calculated as:

Days Payable (Q: Jun. 2017 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Dec. 2016 ) + Accounts Payable (Q: Jun. 2017 )) / count ) / Cost of Goods Sold (Q: Jun. 2017 )*Days in Period
=( (1.256 + 0.211) / 2 ) / 1.283*365 / 2
=0.7335 / 1.283*365 / 2
=104.34

* 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.

Frequently Asked Questions Learn more about Days Payable →
What does a Days Payable of 30.01 mean?
Life (ASX:LFC) has a Days Payable of 30.01 as of Jun. 2017. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Life and its competitors. This is 15% above median its historical median of 26.02. Over the past decade, Life's Days Payable has ranged from 2.43 to 256.61.
Is Life's Days Payable too high?
Life's current Days Payable of 30.01 is 15% above median its 10-year median of 26.02. Over the past 10 years, this metric has ranged from a low of 2.43 to a high of 256.61. The Personal Services industry median Days Payable is 32.93. Life's value of 30.01 is 8.9% below this industry median.
How does Life's Days Payable compare to competitors?
Life's Days Payable of 30.01 can be compared against companies in the Personal Services industry. The industry median Days Payable is 32.93. Life's value of 30.01 is 8.9% below this benchmark. Historically, Life's own Days Payable has ranged from 2.43 to 256.61 over the past decade. While the company's 10-year median is 26.02 vs. the industry median of 32.93, Life has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Days Payable for a Personal Services company?
The median Days Payable among Personal Services companies is 32.93, based on 91 companies in the industry. Companies in the top quartile (top 25%) have a Days Payable significantly above this median, while those in the bottom quartile fall well below. However, Days Payable should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Life's current Days Payable of 30.01 is 8.9% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Days Payable mean?
A high Days Payable can signal that a stock is expensive relative to its fundamentals. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Life and its competitors. For the Personal Services industry, the median Days Payable is 32.93 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Life's current Days Payable is 30.01, which is 15% above median its own 10-year median of 26.02. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Life stock overvalued right now?
Life (ASX:LFC) has a current Days Payable of 30.01. The current Days Payable is 30.01, which is 15% above median its 10-year median of 26.02 and 8.9% below the Personal Services industry median of 32.93. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Days Payable calculated?
Days Payable is calculated from a company's financial statements. For Life (ASX:LFC), the current Days Payable is 30.01 as of Jun. 2017. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Life Business Description

Address 988 Toa Payoh North, No. 07-05, Singapore, SGP, 319002
Life Corp Ltd is a holding company. The company through its subsidiaries is engaged in providing multi-religion funeral services relating to burials or cremations and including other related ancillary services and supplies. The company provides one-stop funeral, bereavement and afterlife care services in Singapore.