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LGCB (Linkage Global) Days Payable : 64.95 (As of Sep. 2024)


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What is Linkage Global Days Payable?

Linkage Global's average Accounts Payable for the six months ended in Sep. 2024 was $0.72 Mil. Linkage Global's Cost of Goods Sold for the six months ended in Sep. 2024 was $2.03 Mil. Hence, Linkage Global's Days Payable for the six months ended in Sep. 2024 was 64.95.

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

LGCB' s Days Payable Range Over the Past 10 Years
Min: 10.53   Med: 21.55   Max: 52.7
Current: 51.47

During the past 4 years, Linkage Global's highest Days Payable was 52.70. The lowest was 10.53. And the median was 21.55.

LGCB's Days Payable is ranked worse than
52.48% of 1088 companies
in the Retail - Cyclical industry
Industry Median: 54.98 vs LGCB: 51.47

Linkage Global's Days Payable increased from Sep. 2023 (47.73) to Sep. 2024 (64.95). It may suggest that Linkage Global delayed paying its suppliers.

Linkage Global Days Payable Historical Data

The historical data trend for Linkage Global'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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Linkage Global Days Payable Chart

Linkage Global Annual Data
Trend Sep21 Sep22 Sep23 Sep24
Days Payable
15.22 10.53 27.88 52.70

Linkage Global Semi-Annual Data
Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24
Days Payable Get a 7-Day Free Trial 8.12 17.46 47.73 43.85 64.95

Competitive Comparison of Linkage Global's Days Payable

For the Internet Retail subindustry, Linkage Global'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.

Linkage Global's Days Payable Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Linkage Global's Days Payable distribution charts can be found below:

* The bar in red indicates where Linkage Global's Days Payable falls into.


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Linkage Global 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.

Linkage Global's Days Payable for the fiscal year that ended in Sep. 2024 is calculated as

Days Payable (A: Sep. 2024 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Sep. 2023 ) + Accounts Payable (A: Sep. 2024 )) / count ) / Cost of Goods Sold (A: Sep. 2024 )*Days in Period
=( (1.143 + 0.625) / 2 ) / 6.123*365
=0.884 / 6.123*365
=52.70

Linkage Global's Days Payable for the quarter that ended in Sep. 2024 is calculated as:

Days Payable (Q: Sep. 2024 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Mar. 2024 ) + Accounts Payable (Q: Sep. 2024 )) / count ) / Cost of Goods Sold (Q: Sep. 2024 )*Days in Period
=( (0.822 + 0.625) / 2 ) / 2.033*365 / 2
=0.7235 / 2.033*365 / 2
=64.95

* 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.

Linkage Global Days Payable Related Terms

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Linkage Global Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Linkage Global Inc (NAS:LGCB) » Definitions » Days Payable
Comparable Companies
JWEL WBUYF WNW JFBR YJ AAQL PIKM MI DTC IPW AMZN BABA PDD HKSE:03690 MELI SE JD CPNG EBAY TSE:4689
Traded in Other Exchanges
N/A
Address
2-23-3 Minami-Ikebukuro, Toshima-ku, Tokyo, JPN, 171-0022
Website
https://www.linkagecc.com
Linkage Global Inc is a cross-border e-commerce integrated service provider. It provides international e-commerce merchants, overseas brands, import and export trading enterprises, etc. with a globally selected supply chain, digital marketing, e-commerce training, international store, ERP and e-commerce software, social e-commerce and other e-commerce integrated services. The Company has two operating segments: Extend from Japan, and Other Subsidiaries from Hong Kong. The company is Committed to building a one-stop cross-border integrated service platform to make cross-border trade easier. Company operates in Japan, Hong Kong and China, with maximum revenue from Japan.