Laureate Education (FRA:LA3A) Days Payable : 14.18 (As of Mar. 2024)

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What is Laureate Education Days Payable?

Laureate Education's average Accounts Payable for the three months ended in Mar. 2024 was €36 Mil. Laureate Education's Cost of Goods Sold for the three months ended in Mar. 2024 was €234 Mil. Hence, Laureate Education's Days Payable for the three months ended in Mar. 2024 was 14.18.

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

FRA:LA3A' s Days Payable Range Over the Past 10 Years
Min: 10.31 Med: 14.22 Max: 27.35
Current: 11.89

During the past 13 years, Laureate Education's highest Days Payable was 27.35. The lowest was 10.31. And the median was 14.22.

FRA:LA3A's Days Payable is ranked worse than
78.14% of 215 companies
in the Education industry
Industry Median: 34.84 vs FRA:LA3A: 11.89

Laureate Education's Days Payable declined from Mar. 2023 (15.42) to Mar. 2024 (14.18). It may suggest that Laureate Education accelerated paying its suppliers.

Laureate Education Days Payable Historical Data

The historical data trend for Laureate Education'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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Laureate Education Days Payable Chart

Laureate Education Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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24.46

25.13

14.57

13.68

14.63

Laureate Education Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Payable	Get a 7-Day Free Trial															15.42	10.89	10.93	12.62	14.18

Competitive Comparison of Laureate Education's Days Payable

For the Education & Training Services subindustry, Laureate Education'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.

Laureate Education's Days Payable Distribution in the Education Industry

For the Education industry and Consumer Defensive sector, Laureate Education's Days Payable distribution charts can be found below:

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

Laureate Education 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.

Laureate Education's Days Payable for the fiscal year that ended in Dec. 2023 is calculated as

	Days Payable (A: Dec. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Dec. 2022 )	+	Accounts Payable (A: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2023 )	*	Days in Period
=	( (40.443	+	39.65)	/	2 )	/	999.329	*	365
=	40.0465					/	999.329	*	365
=	14.63

Laureate Education's Days Payable for the quarter that ended in Mar. 2024 is calculated as:

	Days Payable (Q: Mar. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Dec. 2023 )	+	Accounts Payable (Q: Mar. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Mar. 2024 )	*	Days in Period
=	( (39.65	+	32.958)	/	2 )	/	233.66	*	365 / 4
=	36.304					/	233.66	*	365 / 4
=	14.18

Laureate Education Days Payable Related Terms

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Laureate Education (FRA:LA3A) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Education » Laureate Education Inc (FRA:LA3A) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

LAUR:USA LAUR:Mexico LA3A:Germany

Address

PMB 1158, 1000 Brickell Avenue, Suite 715, Miami, FL, USA, 33131

Website

https://investors.laureate.net

Laureate Education Inc is an international community of universities. The company provides higher education programs and services to students through an international network of licensed universities and higher education institutions. Its geographical segments include Peru and Mexico.

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