LCID (Lucid Group) Days Payable : 28.10 (As of Dec. 2024)

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What is Lucid Group Days Payable?

Lucid Group's average Accounts Payable for the three months ended in Dec. 2024 was $136.5 Mil. Lucid Group's Cost of Goods Sold for the three months ended in Dec. 2024 was $443.2 Mil. Hence, Lucid Group's Days Payable for the three months ended in Dec. 2024 was 28.10.

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

LCID' s Days Payable Range Over the Past 10 Years
Min: 25.17 Med: 31.84 Max: 2060.76
Current: 25.17

During the past 6 years, Lucid Group's highest Days Payable was 2060.76. The lowest was 25.17. And the median was 31.84.

LCID's Days Payable is ranked worse than
88.88% of 1277 companies
in the Vehicles & Parts industry
Industry Median: 65.08 vs LCID: 25.17

Lucid Group's Days Payable increased from Dec. 2023 (23.74) to Dec. 2024 (28.10). It may suggest that Lucid Group delayed paying its suppliers.

Lucid Group Days Payable Historical Data

The historical data trend for Lucid Group'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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Lucid Group Days Payable Chart

Lucid Group Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Days Payable

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2,060.76

69.13

29.98

31.84

25.57

Lucid Group Quarterly Data
	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Days Payable	Get a 7-Day Free Trial													23.74	23.69	20.87	27.96	28.10

Competitive Comparison of Lucid Group's Days Payable

For the Auto Manufacturers subindustry, Lucid Group'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.

Lucid Group's Days Payable Distribution in the Vehicles & Parts Industry

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

* The bar in red indicates where Lucid Group's Days Payable falls into.

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Lucid Group 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.

Lucid Group's Days Payable for the fiscal year that ended in Dec. 2024 is calculated as

	Days Payable (A: Dec. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Dec. 2023 )	+	Accounts Payable (A: Dec. 2024 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2024 )	*	Days in Period
=	( (108.724	+	133.832)	/	2 )	/	1730.943	*	365
=	121.278					/	1730.943	*	365
=	25.57

Lucid Group's Days Payable for the quarter that ended in Dec. 2024 is calculated as:

	Days Payable (Q: Dec. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Sep. 2024 )	+	Accounts Payable (Q: Dec. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2024 )	*	Days in Period
=	( (139.187	+	133.832)	/	2 )	/	443.248	*	365 / 4
=	136.5095					/	443.248	*	365 / 4
=	28.10

Lucid Group Days Payable Related Terms

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Lucid Group Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Lucid Group Inc (NAS:LCID) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

LCID:Mexico CH2A:Germany CH2A:Bulgaria

Address

7373 Gateway Boulevard, Newark, CA, USA, 94560

Website

https://www.lucidmotors.com

Lucid Group Inc is a technology and automotive company. It develops the next generation of electric vehicle (EV) technologies. It offers its own geographically distributed retail and service locations and through direct-to-consumer online and retail sales. It also boasts a product roadmap of future vehicle programs and technologies. It focuses on in-house hardware and software innovation, vertical integration, and a clean-sheet approach to engineering and design led to the development of the Lucid Air. The Lucid Air is a luxury sedan that redefines both the luxury car segment and the EV space. Its geographic segments include North America, the Middle East, and Other International.

Executives

Investment Fund Public	director, 10 percent owner	THE PUBLIC INVESTMENT FUND TOWER,, KING ABDULLAH FINANCIAL DISTRICT (KAFD), AL AQIQ DISTRICT, RIYADH T0 13519
Eric Bach	officer: SVP, Product & Chief Engineer	7373 GATEWAY BLVD,, NEWARK CA 94560
Michael Bell	officer: Senior Vice President, Digital	C/O SILVER SPRING NETWORKS, INC., 555 BROADWAY STREET, REDWOOD CITY CA 94063
Ayar Third Investment Co	director, 10 percent owner	C/O THE PUBLIC INVESTMENT FUND, P.O. BOX 6847, RIYADH T0 11452
Sherry Ann House	officer: Chief Financial Officer	7373 GATEWAY BLVD,, NEWARK CA 94560
Peter Dore Rawlinson	director, officer: CEO & Chief Technology Officer	7373 GATEWAY BLVD, NEWARK CA 94560
Gagan Dhingra	officer: VP of Acctng & Internal Ctrl	50 HAWTHORNE ST, SAN FRANCISCO CA 94105
Chabi Nouri	director	C/O LUCID GROUP, INC., 7373 GATEWAY BLVD., NEWARK CA 94560
Sherif Marakby	director	6061 FAIRBORN DR, CANTON MI 48187
Ori Winitzer	director	C/O LUCID GROUP, INC., 7373 GATEWAY BLVD., NEWARK CA 94560
Glenn R August	director	C/O OHA - 1114 AVENUE OF THE AMERICAS, 27TH FLOOR, NEW YORK NY 10036
Turqi A. Alnowaiser	director, 10 percent owner	C/O THE PUBLIC INVESTMENT FUND, P.O. BOX 6847, RIYADH T0 11452
Anthony L Posawatz	director	8071 PINE FOREST CT, DAVISBURY MI 48350
Nichelle Maynard-elliott	director	PLATFORM SPECIALTY PRODUCTS CORPORATION, 383 MAIN AVENUE, NORWALK CT 06851
Janet S. Wong	director	2510 LAKE FRONT CIRCLE, THE WOODLANDS TX 77380-1576