LC Logistics (HKSE:02490) Days Payable: 26.83 (As of Dec. 2025) — 24% Below Median

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HKSE:02490 LC Logistics Inc HKSE:02490
41 GF Score
Price HK$4.92
! 4 Warning Signs
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What is LC Logistics Days Payable?

LC Logistics HKSE:02490 +2.71% 41 Days Payable is 26.83 as of Dec. 2025, which is 24% below its 10-year median of 35.12. GuruFocus rates HKSE:02490 with a GF Score™ of 41/100. The stock has 4 warning signs investors should review. Among 968 Transportation companies, LC Logistics ranks worse than 66.94% on this metric.

LC Logistics's average Accounts Payable for the six months ended in Dec. 2025 was HK$142 Mil. LC Logistics's Cost of Goods Sold for the six months ended in Dec. 2025 was HK$966 Mil. Hence, LC Logistics's Days Payable for the six months ended in Dec. 2025 was 26.83.

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

HKSE:02490' s Days Payable Range Over the Past 10 Years
Min: 27.96   Med: 35.12   Max: 93.04
Current: 27.96

During the past 6 years, LC Logistics's highest Days Payable was 93.04. The lowest was 27.96. And the median was 35.12.

HKSE:02490's Days Payable is ranked worse than
66.94% of 968 companies
in the Transportation industry
Industry Median: 38.62 vs HKSE:02490: 27.96

LC Logistics's Days Payable declined from Dec. 2024 (28.87) to Dec. 2025 (26.83). It may suggest that LC Logistics accelerated paying its suppliers.


LC Logistics Days Payable Historical Data

* Premium members only.

The historical data trend for LC Logistics'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.

LC Logistics Days Payable Chart

LC Logistics Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Days Payable
Get a 7-Day Free Trial 28.91 37.43 93.04 32.80 29.93

LC Logistics Semi-Annual Data
Dec20 Dec21 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Days Payable Get a 7-Day Free Trial Premium Member Only 62.38 49.26 28.87 26.98 26.83

HKSE:02490 vs UPS, FDX, JBHT: Days Payable Comparison

For the Integrated Freight & Logistics subindustry, LC Logistics'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.


LC Logistics Days Payable vs Transportation Industry

For the Transportation industry and Industrials sector, LC Logistics's Days Payable distribution charts can be found below:

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


HKSE:02490
41GF Score
LC Logistics Inc HKSE:02490
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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LC Logistics 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.

LC Logistics's Days Payable for the fiscal year that ended in Dec. 2025 is calculated as

Days Payable (A: Dec. 2025 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Dec. 2024 ) + Accounts Payable (A: Dec. 2025 )) / count ) / Cost of Goods Sold (A: Dec. 2025 )*Days in Period
=( (144.603 + 162.902) / 2 ) / 1875.018*365
=153.7525 / 1875.018*365
=29.93

LC Logistics's Days Payable for the quarter that ended in Dec. 2025 is calculated as:

Days Payable (Q: Dec. 2025 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Jun. 2025 ) + Accounts Payable (Q: Dec. 2025 )) / count ) / Cost of Goods Sold (Q: Dec. 2025 )*Days in Period
=( (121.24 + 162.902) / 2 ) / 966.286*365 / 2
=142.071 / 966.286*365 / 2
=26.83

* 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 26.83 mean?
LC Logistics (HKSE:02490) has a Days Payable of 26.83 as of Dec. 2025. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on LC Logistics and its competitors. This is 24% below median its historical median of 35.12. Over the past decade, LC Logistics' Days Payable has ranged from 27.96 to 93.04. According to the industry distribution chart, LC Logistics ranks #648 out of 968 companies in the Transportation industry, placing it in the top 66.9%.
Is LC Logistics' Days Payable too high?
LC Logistics' current Days Payable of 26.83 is 24% below median its 10-year median of 35.12. Over the past 10 years, this metric has ranged from a low of 27.96 to a high of 93.04. The Transportation industry median Days Payable is 38.62. LC Logistics' value of 26.83 is 30.5% below this industry median. Based on the distribution chart, LC Logistics ranks #648 out of 968 companies in the Transportation industry, which is below the industry midpoint. Overall, LC Logistics has a GF Score™ of 41/100, reflecting its overall financial health beyond just this single metric.
How does LC Logistics' Days Payable compare to UPS and FDX?
According to the Transportation industry distribution chart, LC Logistics ranks #648 out of 968 companies for Days Payable. This places LC Logistics in the lower half of its industry. The industry median Days Payable is 38.62. LC Logistics' value of 26.83 is 30.5% below this benchmark. Historically, LC Logistics' own Days Payable has ranged from 27.96 to 93.04 over the past decade. While the company's 10-year median is 35.12 vs. the industry median of 38.62, LC Logistics 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 Transportation company?
The median Days Payable among Transportation companies is 38.62, based on 968 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. LC Logistics's current Days Payable of 26.83 is 30.5% 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 LC Logistics and its competitors. For the Transportation industry, the median Days Payable is 38.62 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. LC Logistics's current Days Payable is 26.83, which is 24% below median its own 10-year median of 35.12. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is LC Logistics stock overvalued right now?
LC Logistics (HKSE:02490) has a current Days Payable of 26.83. The current Days Payable is 26.83, which is 24% below median its 10-year median of 35.12 and 30.5% below the Transportation industry median of 38.62. LC Logistics' overall GF Score™ is 41/100 with 4 warning signs to review. 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 LC Logistics (HKSE:02490), the current Days Payable is 26.83 as of Dec. 2025. 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.

LC Logistics Business Description

Address 37 Hong Kong Middle Road, Block A, 9th Floor, China Stone Building, Shinan District, Shandong Province, Qingdao, CHN
LC Logistics Inc together with its subsidiaries, operates as an integrated cross-border logistics service provider. The Group provides services that cover all aspects of the cross-border logistics process, including cargo pick-up and sorting, customs clearance, cross-border seaborne transportation, warehouse transit, and last-mile delivery. Additionally, it also offers time charter services to its customers by hiring out various types of vessels owned by the group or chartered in from third parties. Geographically, the Group generates maximum revenue from its business in the Chinese mainland, and the rest from other countries.
41GF Score

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