LINE (Lineage) Days Payable : 125.70 (As of Dec. 2024)

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What is Lineage Days Payable?

Lineage's average Accounts Payable for the three months ended in Dec. 2024 was $1,248 Mil. Lineage's Cost of Goods Sold for the three months ended in Dec. 2024 was $906 Mil. Hence, Lineage's Days Payable for the three months ended in Dec. 2024 was 125.70.

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

LINE' s Days Payable Range Over the Past 10 Years
Min: 99.59 Med: 114.08 Max: 120.22
Current: 117.46

During the past 4 years, Lineage's highest Days Payable was 120.22. The lowest was 99.59. And the median was 114.08.

LINE's Days Payable is ranked better than
50.54% of 560 companies
in the REITs industry
Industry Median: 114.5 vs LINE: 117.46

Lineage's Days Payable increased from Dec. 2023 (115.79) to Dec. 2024 (125.70). It may suggest that Lineage delayed paying its suppliers.

Lineage Days Payable Historical Data

The historical data trend for Lineage'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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Lineage Days Payable Chart

Lineage Annual Data

Trend

Dec21

Dec22

Dec23

Dec24

Days Payable

115.32

99.59

112.84

120.22

Lineage Quarterly Data
	Dec21	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Days Payable	Get a 7-Day Free Trial					115.79	112.13	108.81	120.24	125.70

Competitive Comparison of Lineage's Days Payable

For the REIT - Industrial subindustry, Lineage'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.

Lineage's Days Payable Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Lineage's Days Payable distribution charts can be found below:

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

Lineage 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.

Lineage'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
=	( (1137	+	1220)	/	2 )	/	3578	*	365
=	1178.5					/	3578	*	365
=	120.22

Lineage'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
=	( (1276	+	1220)	/	2 )	/	906	*	365 / 4
=	1248					/	906	*	365 / 4
=	125.70

Lineage Days Payable Related Terms

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Lineage Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Lineage Inc (NAS:LINE) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

46500 Humboldt Drive, Novi, MI, USA, 48377

Website

https://www.onelineage.com

Lineage Inc is a temperature-controlled warehouse real estate investment trust. It operates an interconnected global temperature-controlled warehouse network, comprising approximately millions of square feet across several warehouses predominantly located in densely populated critical-distribution markets across North America, Asia-Pacific, and Europe. The company's reportable segments are Global Warehousing, which utilizes the company's industrial real estate properties to provide temperature-controlled warehousing services to its customers, and Global Integrated Solutions, which complements Global Warehousing with specialized cold-chain services. Maximum revenue is generated from the Global Warehousing segment. Geographically, the company derives its key revenue from the United States.