L K Technology Holdings (FRA:L5D) Days Payable : 161.31 (As of Sep. 2023)

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What is L K Technology Holdings Days Payable?

L K Technology Holdings's average Accounts Payable for the six months ended in Sep. 2023 was €215.1 Mil. L K Technology Holdings's Cost of Goods Sold for the six months ended in Sep. 2023 was €243.4 Mil. Hence, L K Technology Holdings's Days Payable for the six months ended in Sep. 2023 was 161.31.

The historical rank and industry rank for L K Technology Holdings's Days Payable or its related term are showing as below:

FRA:L5D' s Days Payable Range Over the Past 10 Years
Min: 99.5 Med: 118.01 Max: 147.14
Current: 147.14

During the past 13 years, L K Technology Holdings's highest Days Payable was 147.14. The lowest was 99.50. And the median was 118.01.

FRA:L5D's Days Payable is ranked better than
76.74% of 2923 companies
in the Industrial Products industry
Industry Median: 76.74 vs FRA:L5D: 147.14

L K Technology Holdings's Days Payable increased from Sep. 2022 (127.83) to Sep. 2023 (161.31). It may suggest that L K Technology Holdings delayed paying its suppliers.

L K Technology Holdings Days Payable Historical Data

The historical data trend for L K Technology Holdings'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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L K Technology Holdings Days Payable Chart

L K Technology Holdings Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Payable

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114.03

120.54

102.65

114.41

139.26

L K Technology Holdings Semi-Annual Data
	Mar14	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Days Payable	Get a 7-Day Free Trial															102.65	135.71	127.83	142.76	161.31

Competitive Comparison of L K Technology Holdings's Days Payable

For the Specialty Industrial Machinery subindustry, L K Technology Holdings'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.

L K Technology Holdings's Days Payable Distribution in the Industrial Products Industry

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

* The bar in red indicates where L K Technology Holdings's Days Payable falls into.

L K Technology Holdings 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.

L K Technology Holdings's Days Payable for the fiscal year that ended in Mar. 2023 is calculated as

	Days Payable (A: Mar. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Mar. 2022 )	+	Accounts Payable (A: Mar. 2023 ))	/	count )	/	Cost of Goods Sold (A: Mar. 2023 )	*	Days in Period
=	( (174.973	+	215.458)	/	2 )	/	511.662	*	365
=	195.2155					/	511.662	*	365
=	139.26

L K Technology Holdings's Days Payable for the quarter that ended in Sep. 2023 is calculated as:

	Days Payable (Q: Sep. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Mar. 2023 )	+	Accounts Payable (Q: Sep. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Sep. 2023 )	*	Days in Period
=	( (215.458	+	214.76)	/	2 )	/	243.361	*	365 / 2
=	215.109					/	243.361	*	365 / 2
=	161.31

L K Technology Holdings Days Payable Related Terms

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L K Technology Holdings (FRA:L5D) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » L K Technology Holdings Ltd (FRA:L5D) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

00558:Hong Kong

Address

1-7 Wah Sing Street, Unit A, 8th Floor, Mai Wah Industrial Building, Kwai Chung, New Territories, Hong Kong, HKG

Website

https://www.lk.world

L K Technology Holdings Ltd is an investment holding company. It is principally engaged in the design, manufacture, and sales of the hot chamber and cold chamber die-casting machines, plastic injection moulding machines, computerized numerical controlled (CNC) machining centers and related accessories. The company's operating segment includes Die-casting machine; Plastic injection moulding machine and CNC machining centre. It generates maximum revenue from the Die-casting machine segment. Geographically, it derives a majority of revenue from Mainland China and also has a presence in Europe, North America, Central America and South America and Other countries.

L K Technology Holdings (FRA:L5D) Headlines

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