Lancer Container Lines (BOM:539841) Days Payable : 10.89 (As of Dec. 2024)

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What is Lancer Container Lines Days Payable?

Lancer Container Lines's average Accounts Payable for the three months ended in Dec. 2024 was ₹237 Mil. Lancer Container Lines's Cost of Goods Sold for the three months ended in Dec. 2024 was ₹1,984 Mil. Hence, Lancer Container Lines's Days Payable for the three months ended in Dec. 2024 was 10.89.

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

BOM:539841' s Days Payable Range Over the Past 10 Years
Min: 18.44 Med: 31.69 Max: 60.52
Current: 18.44

During the past 13 years, Lancer Container Lines's highest Days Payable was 60.52. The lowest was 18.44. And the median was 31.69.

BOM:539841's Days Payable is ranked worse than
82.65% of 951 companies
in the Transportation industry
Industry Median: 35.9 vs BOM:539841: 18.44

Lancer Container Lines's Days Payable declined from Dec. 2023 (24.97) to Dec. 2024 (10.89). It may suggest that Lancer Container Lines accelerated paying its suppliers.

Lancer Container Lines Days Payable Historical Data

The historical data trend for Lancer Container Lines'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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Lancer Container Lines Days Payable Chart

Lancer Container Lines Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Days Payable

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26.56

42.08

38.44

32.10

31.28

Lancer Container Lines Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Days Payable	Get a 7-Day Free Trial															24.97	28.80	24.60	11.60	10.89

Competitive Comparison of Lancer Container Lines's Days Payable

For the Integrated Freight & Logistics subindustry, Lancer Container Lines'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.

Lancer Container Lines's Days Payable Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Lancer Container Lines's Days Payable distribution charts can be found below:

* The bar in red indicates where Lancer Container Lines's Days Payable falls into.

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Lancer Container Lines 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.

Lancer Container Lines's Days Payable for the fiscal year that ended in Mar. 2024 is calculated as

	Days Payable (A: Mar. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Mar. 2023 )	+	Accounts Payable (A: Mar. 2024 ))	/	count )	/	Cost of Goods Sold (A: Mar. 2024 )	*	Days in Period
=	( (531.778	+	423.421)	/	2 )	/	5573.792	*	365
=	477.5995					/	5573.792	*	365
=	31.28

Lancer Container Lines'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: Sep. 2024 )	+	Accounts Payable (Q: Dec. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2024 )	*	Days in Period
=	( (236.771	+	0)	/	1 )	/	1984.044	*	365 / 4
=	236.771					/	1984.044	*	365 / 4
=	10.89

Lancer Container Lines Days Payable Related Terms

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Lancer Container Lines Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Lancer Container Lines Ltd (BOM:539841) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Unit Nos. H02-2, H02-3 & H02-4, Plot No. 60, Sector-11, Lancer House, Mayuresh Chambers Premises Co-op.Society Ltd, CBD Belapur, Navi Mumbai, MH, IND, 400614

Website

https://www.lancerline.com

Lancer Container Lines Ltd is an India-based logistics company engaged in providing coastal water transport services of intermodal containers by container ships. The group provides logistic services such as non-vessel-operating common carrier, freight forwarding, container trading and leasing and container yard. The organization provides the services on a global basis. The company operates only in one segment namely Non Vessel Owners Operating Carrier.

Lancer Container Lines Headlines

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