LEON (Leone Asset Management) Days Payable: 746.59 (As of Dec. 2018)


What is Leone Asset Management Days Payable?

Leone Asset Management LEON -0.55% Days Payable is 746.59 as of Dec. 2018.

Leone Asset Management's average Accounts Payable for the three months ended in Dec. 2018 was $0.09 Mil. Leone Asset Management's Cost of Goods Sold for the three months ended in Dec. 2018 was $0.01 Mil. Hence, Leone Asset Management's Days Payable for the three months ended in Dec. 2018 was 746.59.

The historical rank and industry rank for Leone Asset Management's Days Payable or its related term are showing as below:

LEON's Days Payable is not ranked *
in the Conglomerates industry.
Industry Median: 56
* Ranked among companies with meaningful Days Payable only.

Leone Asset Management's Days Payable increased from Dec. 2017 (103.26) to Dec. 2018 (746.59). It may suggest that Leone Asset Management delayed paying its suppliers.

Leone Asset Management Days Payable Historical Data

* Premium members only.

The historical data trend for Leone Asset Management'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.

Leone Asset Management Days Payable Chart

Leone Asset Management Annual Data
Trend Dec07 Dec08 Dec09 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 3,650.00 97.68 168.79

Leone Asset Management Quarterly Data
Jun08 Sep08 Dec08 Mar09 Jun09 Sep09 Dec09 Mar13 Dec13 Dec14 Dec15 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18
Days Payable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 103.26 49.00 129.13 252.57 746.59

LEON vs PTMN, TZAC, AINC: Days Payable Comparison

For the Conglomerates subindustry, Leone Asset Management'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.

Leone Asset Management Days Payable vs Conglomerates Industry

For the Conglomerates industry and Industrials sector, Leone Asset Management's Days Payable distribution charts can be found below:

* The bar in red indicates where Leone Asset Management's Days Payable falls into.


Leone Asset Management 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.

Leone Asset Management's Days Payable for the fiscal year that ended in Dec. 2018 is calculated as

Days Payable (A: Dec. 2018 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Dec. 2017 ) + Accounts Payable (A: Dec. 2018 )) / count ) / Cost of Goods Sold (A: Dec. 2018 )*Days in Period
=( (0.036 + 0.124) / 2 ) / 0.173*365
=0.08 / 0.173*365
=168.79

Leone Asset Management's Days Payable for the quarter that ended in Dec. 2018 is calculated as:

Days Payable (Q: Dec. 2018 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Sep. 2018 ) + Accounts Payable (Q: Dec. 2018 )) / count ) / Cost of Goods Sold (Q: Dec. 2018 )*Days in Period
=( (0.056 + 0.124) / 2 ) / 0.011*365 / 4
=0.09 / 0.011*365 / 4
=746.59

* 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 746.59 mean?
Leone Asset Management (LEON) has a Days Payable of 746.59 as of Dec. 2018. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Leone Asset Management and its competitors.
Is Leone Asset Management's Days Payable too high?
Leone Asset Management's current Days Payable is 746.59. The Conglomerates industry median Days Payable is 56.00. Leone Asset Management's value of 746.59 is 1233.2% above this industry median.
How does Leone Asset Management's Days Payable compare to PTMN and TZAC?
Leone Asset Management's Days Payable of 746.59 can be compared against companies in the Conglomerates industry. The industry median Days Payable is 56.00. Leone Asset Management's value of 746.59 is 1233.2% above this benchmark. 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 Conglomerates company?
The median Days Payable among Conglomerates companies is 56.00, based on 505 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. Leone Asset Management's current Days Payable of 746.59 is 1233.2% above 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 Leone Asset Management and its competitors. For the Conglomerates industry, the median Days Payable is 56.00 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Leone Asset Management's current Days Payable is 746.59. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Leone Asset Management stock overvalued right now?
Leone Asset Management (LEON) has a current Days Payable of 746.59. The current Days Payable is 746.59 and 1233.2% above the Conglomerates industry median of 56.00. 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 Leone Asset Management (LEON), the current Days Payable is 746.59 as of Dec. 2018. 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.

Leone Asset Management Business Description

Address 801 West Bay Drive, Suite 715, Largo, FL, USA, 33770
Leone Asset Management Inc is a multi-national, multi-industry conglomerate with subsidiary companies that operate in Health and Wellness and agriculture management. The company's project management services include infrastructure development, agricultural management, and rare earth mineral exploration.