LSH (Lakeside Holding) Days Payable : 26.78 (As of Dec. 2024)

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What is Lakeside Holding Days Payable?

Lakeside Holding's average Accounts Payable for the three months ended in Dec. 2024 was $1.07 Mil. Lakeside Holding's Cost of Goods Sold for the three months ended in Dec. 2024 was $3.64 Mil. Hence, Lakeside Holding's Days Payable for the three months ended in Dec. 2024 was 26.78.

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

LSH' s Days Payable Range Over the Past 10 Years
Min: 27.73 Med: 30.15 Max: 40.96
Current: 32.91

During the past 3 years, Lakeside Holding's highest Days Payable was 40.96. The lowest was 27.73. And the median was 30.15.

LSH's Days Payable is ranked worse than
55.56% of 936 companies
in the Transportation industry
Industry Median: 36.06 vs LSH: 32.91

Lakeside Holding's Days Payable declined from Dec. 2023 (32.13) to Dec. 2024 (26.78). It may suggest that Lakeside Holding accelerated paying its suppliers.

Lakeside Holding Days Payable Historical Data

The historical data trend for Lakeside Holding'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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Lakeside Holding Days Payable Chart

Lakeside Holding Annual Data

Trend

Jun22

Jun23

Jun24

Days Payable

40.96

30.15

27.73

Lakeside Holding Quarterly Data
	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Days Payable	Get a 7-Day Free Trial						32.13	39.11	33.57	28.46	26.78

Competitive Comparison of Lakeside Holding's Days Payable

For the Integrated Freight & Logistics subindustry, Lakeside Holding'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.

Lakeside Holding's Days Payable Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Lakeside Holding's Days Payable distribution charts can be found below:

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

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Lakeside Holding 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.

Lakeside Holding's Days Payable for the fiscal year that ended in Jun. 2024 is calculated as

	Days Payable (A: Jun. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Jun. 2023 )	+	Accounts Payable (A: Jun. 2024 ))	/	count )	/	Cost of Goods Sold (A: Jun. 2024 )	*	Days in Period
=	( (0.828	+	1.39)	/	2 )	/	14.599	*	365
=	1.109					/	14.599	*	365
=	27.73

Lakeside Holding'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
=	( (0.83	+	1.305)	/	2 )	/	3.638	*	365 / 4
=	1.0675					/	3.638	*	365 / 4
=	26.78

Lakeside Holding Days Payable Related Terms

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Lakeside Holding Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Lakeside Holding Ltd (NAS:LSH) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

1475 Thorndale Avenue, Suite A, Itasca, IL, USA, 60143

Website

https://www.lakeside-holding.com

Lakeside Holding Ltd i an integrated cross-border supply chain solution provider with a strategic focus on the Asian market including China and South Korea. It provides customized cross-border ocean freight solutions and airfreight solutions in the U.S, including cross-border freight consolidation and forwarding services; customs clearance services; warehousing and distribution services and U.S. domestic ground transportation services.