Lazydays Holdings (Lazydays Holdings) Days Payable : 6.07 (As of Mar. 2024)

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What is Lazydays Holdings Days Payable?

Lazydays Holdings's average Accounts Payable for the three months ended in Mar. 2024 was $15.50 Mil. Lazydays Holdings's Cost of Goods Sold for the three months ended in Mar. 2024 was $232.82 Mil. Hence, Lazydays Holdings's Days Payable for the three months ended in Mar. 2024 was 6.07.

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

LAZYW' s Days Payable Range Over the Past 10 Years
Min: 4.14 Med: 7.17 Max: 9.3
Current: 6.44

During the past 8 years, Lazydays Holdings's highest Days Payable was 9.30. The lowest was 4.14. And the median was 7.17.

LAZYW's Days Payable is ranked worse than
97.69% of 1258 companies
in the Vehicles & Parts industry
Industry Median: 66.48 vs LAZYW: 6.44

Lazydays Holdings's Days Payable increased from Mar. 2023 (4.79) to Mar. 2024 (6.07). It may suggest that Lazydays Holdings delayed paying its suppliers.

Lazydays Holdings Days Payable Historical Data

The historical data trend for Lazydays 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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Lazydays Holdings Days Payable Chart

Lazydays Holdings Annual Data

Trend

Nov15

Nov16

Nov17

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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4.14

8.38

9.30

7.17

5.55

Lazydays Holdings 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															4.79	5.32	6.24	9.25	6.07

Competitive Comparison of Lazydays Holdings's Days Payable

For the Auto & Truck Dealerships subindustry, Lazydays 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.

Lazydays Holdings's Days Payable Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Lazydays Holdings's Days Payable distribution charts can be found below:

* The bar in red indicates where Lazydays Holdings's Days Payable falls into.

Lazydays 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.

Lazydays Holdings'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
=	( (10.843	+	15.144)	/	2 )	/	854.005	*	365
=	12.9935					/	854.005	*	365
=	5.55

Lazydays Holdings'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
=	( (15.144	+	15.847)	/	2 )	/	232.82	*	365 / 4
=	15.4955					/	232.82	*	365 / 4
=	6.07

Lazydays Holdings Days Payable Related Terms

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Lazydays Holdings (Lazydays Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Lazydays Holdings Inc (OTCPK:LAZYW) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

GORV:USA 5ZL:Germany

Address

4042 Park Oaks Boulevard, Suite 350, Tampa, FL, USA, 33610

Website

https://www.lazydays.com

Lazydays Holdings Inc operates recreational vehicle dealerships. It provides products and services for RV owners and outdoor enthusiasts. The company generate revenue providing a full spectrum of RV products: New and pre-owned RV sales, RV-parts and service, financing and insurance products, third-party protection plans, after-market parts and accessories, and RV camping facilities.