LBLTF (Lattice Biologics) Days Payable: 0.00 (As of Jun. 2021)

What is Lattice Biologics Days Payable?

Lattice Biologics LBLTF -99.00% Days Payable is 0.00 as of Jun. 2021.

Lattice Biologics's average Accounts Payable for the three months ended in Jun. 2021 was $1.02 Mil. Lattice Biologics's Cost of Goods Sold for the three months ended in Jun. 2021 was $0.00 Mil.

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

LBLTF's Days Payable is not ranked ^*
in the Medical Devices & Instruments industry.
Industry Median: 68.07
* Ranked among companies with meaningful Days Payable only.

Lattice Biologics's Days Payable declined from Jun. 2020 (703.16) to Jun. 2021 (0.00). It may suggest that Lattice Biologics accelerated paying its suppliers.

Lattice Biologics Days Payable Related Terms

Lattice Biologics Days Payable Historical Data

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The historical data trend for Lattice Biologics'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.

Lattice Biologics Days Payable Chart

Lattice Biologics Annual Data

Trend

Dec10

Dec11

Dec12

Dec13

Dec14

Sep16

Sep17

Sep18

Sep19

Sep20

Days Payable

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175.10

443.71

1,618.72

896.53

853.82

Lattice Biologics Quarterly Data
	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21
Days Payable	Get a 7-Day Free Trial															703.16	499.14	1,299.11	803.42	0.00

LBLTF vs ABT, MDT, SYK: Days Payable Comparison

For the Medical Devices subindustry, Lattice Biologics'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.

Lattice Biologics Days Payable vs Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Lattice Biologics's Days Payable distribution charts can be found below:

* The bar in red indicates where Lattice Biologics's Days Payable falls into.

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Lattice Biologics 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.

Lattice Biologics's Days Payable for the fiscal year that ended in Sep. 2020 is calculated as

	Days Payable (A: Sep. 2020 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Sep. 2019 )	+	Accounts Payable (A: Sep. 2020 ))	/	count )	/	Cost of Goods Sold (A: Sep. 2020 )	*	Days in Period
=	( (3.193	+	3.558)	/	2 )	/	1.443	*	365
=	3.3755					/	1.443	*	365
=	853.82

Lattice Biologics's Days Payable for the quarter that ended in Jun. 2021 is calculated as:

	Days Payable (Q: Jun. 2021 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Mar. 2021 )	+	Accounts Payable (Q: Jun. 2021 ))	/	count )	/	Cost of Goods Sold (Q: Jun. 2021 )	*	Days in Period
=	( (1.526	+	0.506)	/	2 )	/	0	*	365 / 4
=	1.016					/	0	*	365 / 4
=	N/A

Frequently Asked Questions Learn more about Days Payable →

What does a Days Payable of 0.00 mean?

Lattice Biologics (LBLTF) has a Days Payable of 0.00 as of Jun. 2021. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Lattice Biologics and its competitors.

Is Lattice Biologics' Days Payable too high?

Lattice Biologics' current Days Payable is 0.00.

How does Lattice Biologics' Days Payable compare to ABT and MDT?

Lattice Biologics' Days Payable of 0.00 can be compared against companies in the Medical Devices & Instruments industry. The industry median Days Payable is 68.07. 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 Medical Devices & Instruments company?

The median Days Payable among Medical Devices & Instruments companies is 68.07, based on 795 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. 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 Lattice Biologics and its competitors. For the Medical Devices & Instruments industry, the median Days Payable is 68.07 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Lattice Biologics's current Days Payable is 0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is Lattice Biologics stock overvalued right now?

Lattice Biologics (LBLTF) has a current Days Payable of 0.00. The current Days Payable is 0.00. 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 Lattice Biologics (LBLTF), the current Days Payable is 0.00 as of Jun. 2021. 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.

Lattice Biologics Business Description

Industry Healthcare Medical Devices & Instruments

Comparable Companies TSXV:FREQ TSXV:NGMD TSXV:IDL XCNQ:IME XCNQ:PMED TSXV:CVM TSXV:TEST XCNQ:ASTI TSXV:CHIP.H TSXV:MDX ABT MDT SYK EW SZSE:300760 BSX DXCM ZBH STE ALGN

Address 512 East Madison Avenue, Suite A1, Belgrade, MT, USA, 59714

Website http://www.latticebiologics.com

Lattice Biologics Ltd is a biologic product manufacturing company. It manufactures and markets biologic products to domestic and international markets. The company's products include ADM dermis, DBM Putty, Bone scaffold, and others, of which key revenue is derived from Bone scaffold. The biologic products are used in various applications such as enhancing fusion in spine surgery, enhancing breast reconstruction post mastectomy for breast cancer patients, sports medicine applications, promotion of bone in foot and ankle surgery, promotion of skull healing following neurosurgery, and subchondral bone defect repair in knee and other joint surgeries. The company generates its revenue from operations principally carried in the United States of America.