Lok'n Store Group (LSE:LOK) Days Payable : 130.71 (As of Jan. 2024)

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What is Lok'n Store Group Days Payable?

Lok'n Store Group's average Accounts Payable for the six months ended in Jan. 2024 was £2.09 Mil. Lok'n Store Group's Cost of Goods Sold for the six months ended in Jan. 2024 was £2.92 Mil. Hence, Lok'n Store Group's Days Payable for the six months ended in Jan. 2024 was 130.71.

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

LSE:LOK' s Days Payable Range Over the Past 10 Years
Min: 69.1 Med: 146.93 Max: 371.86
Current: 134.14

During the past 13 years, Lok'n Store Group's highest Days Payable was 371.86. The lowest was 69.10. And the median was 146.93.

LSE:LOK's Days Payable is ranked better than
59.13% of 1571 companies
in the Real Estate industry
Industry Median: 99.76 vs LSE:LOK: 134.14

Lok'n Store Group's Days Payable declined from Jan. 2023 (165.87) to Jan. 2024 (130.71). It may suggest that Lok'n Store Group accelerated paying its suppliers.

Lok'n Store Group Days Payable Historical Data

The historical data trend for Lok'n Store 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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Lok'n Store Group Days Payable Chart

Lok'n Store Group Annual Data

Trend

Jul14

Jul15

Jul16

Jul17

Jul18

Jul19

Jul20

Jul21

Jul22

Jul23

Days Payable

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371.86

114.51

143.16

157.56

110.22

Lok'n Store Group Semi-Annual Data
	Jul14	Jan15	Jul15	Jan16	Jul16	Jan17	Jul17	Jan18	Jul18	Jan19	Jul19	Jan20	Jul20	Jan21	Jul21	Jan22	Jul22	Jan23	Jul23	Jan24
Days Payable	Get a 7-Day Free Trial															123.26	145.44	165.87	111.75	130.71

Competitive Comparison of Lok'n Store Group's Days Payable

For the Real Estate Services subindustry, Lok'n Store 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.

Lok'n Store Group's Days Payable Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Lok'n Store Group's Days Payable distribution charts can be found below:

* The bar in red indicates where Lok'n Store Group's Days Payable falls into.

Lok'n Store 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.

Lok'n Store Group's Days Payable for the fiscal year that ended in Jul. 2023 is calculated as

	Days Payable (A: Jul. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Jul. 2022 )	+	Accounts Payable (A: Jul. 2023 ))	/	count )	/	Cost of Goods Sold (A: Jul. 2023 )	*	Days in Period
=	( (1.849	+	1.326)	/	2 )	/	5.257	*	365
=	1.5875					/	5.257	*	365
=	110.22

Lok'n Store Group's Days Payable for the quarter that ended in Jan. 2024 is calculated as:

	Days Payable (Q: Jan. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Jul. 2023 )	+	Accounts Payable (Q: Jan. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Jan. 2024 )	*	Days in Period
=	( (1.326	+	2.858)	/	2 )	/	2.921	*	365 / 2
=	2.092					/	2.921	*	365 / 2
=	130.71

Lok'n Store Group Days Payable Related Terms

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Lok'n Store Group (LSE:LOK) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Lok'n Store Group PLC (LSE:LOK) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

112 Hawley Lane, Farnborough, Hampshire, GBR, GU14 8JE

Website

https://www.loknstore.co.uk

Lok'n Store Group PLC operates in the real estate industry based in the United Kingdom. Its business involves buying or leasing warehouses or industrial buildings and letting them out as self-storage units to its customers. Operating through the Self-Storage segments, the company caters to both households and business customers. Its self-storage segment accounts for the bulk of its operations with the provision of storage rooms, student storage, pallet storage, warehouse space, self-storage archiving, flexible office space, and multi-site business storage accounts.

Lok'n Store Group (LSE:LOK) Headlines

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