Luna Innovations (FRA:LRD) Days Payable : 72.47 (As of Sep. 2023)

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What is Luna Innovations Days Payable?

Luna Innovations's average Accounts Payable for the three months ended in Sep. 2023 was €9.7 Mil. Luna Innovations's Cost of Goods Sold for the three months ended in Sep. 2023 was €12.3 Mil. Hence, Luna Innovations's Days Payable for the three months ended in Sep. 2023 was 72.47.

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

FRA:LRD' s Days Payable Range Over the Past 10 Years
Min: 26.77 Med: 41.51 Max: 61.04
Current: 61.04

During the past 13 years, Luna Innovations's highest Days Payable was 61.04. The lowest was 26.77. And the median was 41.51.

FRA:LRD's Days Payable is ranked worse than
57.13% of 2421 companies
in the Hardware industry
Industry Median: 67.89 vs FRA:LRD: 61.04

Luna Innovations's Days Payable increased from Sep. 2022 (33.58) to Sep. 2023 (72.47). It may suggest that Luna Innovations delayed paying its suppliers.

Luna Innovations Days Payable Historical Data

The historical data trend for Luna Innovations'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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Luna Innovations Days Payable Chart

Luna Innovations Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Days Payable

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34.40

26.48

46.36

27.70

45.59

Luna Innovations Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Days Payable	Get a 7-Day Free Trial															33.58	51.11	62.40	59.17	72.47

Competitive Comparison of Luna Innovations's Days Payable

For the Scientific & Technical Instruments subindustry, Luna Innovations'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.

Luna Innovations's Days Payable Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Luna Innovations's Days Payable distribution charts can be found below:

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

Luna Innovations 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.

Luna Innovations's Days Payable for the fiscal year that ended in Dec. 2022 is calculated as

	Days Payable (A: Dec. 2022 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Dec. 2021 )	+	Accounts Payable (A: Dec. 2022 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2022 )	*	Days in Period
=	( (2.486	+	7.655)	/	2 )	/	40.592	*	365
=	5.0705					/	40.592	*	365
=	45.59

Luna Innovations'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: Jun. 2023 )	+	Accounts Payable (Q: Sep. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Sep. 2023 )	*	Days in Period
=	( (9.512	+	9.948)	/	2 )	/	12.251	*	365 / 4
=	9.73					/	12.251	*	365 / 4
=	72.47

Luna Innovations Days Payable Related Terms

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Luna Innovations (FRA:LRD) Business Description

Industry

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LUNA:USA

Address

301 1st Street South West, Suite 200, Roanoke, VA, USA, 24011

Website

https://www.lunainc.com

Luna Innovations Inc is engaged in optical technology, providing high-performance fiber optic test, measurement, and control products for the telecommunications, and photonics industries, and distributed fiber optic sensing solutions that measure and monitor materials and structures for applications in aerospace, automotive, oil, and gas, security, and infrastructure. Its Lightwave segment develops, manufactures, and markets optical measurements technologies like Sensing including short, medium, and long-range distributed fiber optic sensing solutions and Terahertz measurement products, and Communications test and photonic control including test equipment for communications devices and networks and specialty laser and photonic components. It derives a majority of its revenue from the U.S.

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