LTRE (Learning Tree International) Days Payable: 63.17 (As of Sep. 2018)


What is Learning Tree International Days Payable?

Learning Tree International LTRE Days Payable is 63.17 as of Sep. 2018.

Learning Tree International's average Accounts Payable for the three months ended in Sep. 2018 was $6.63 Mil. Learning Tree International's Cost of Goods Sold for the three months ended in Sep. 2018 was $9.58 Mil. Hence, Learning Tree International's Days Payable for the three months ended in Sep. 2018 was 63.17.

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

LTRE's Days Payable is not ranked *
in the Education industry.
Industry Median: 35.12
* Ranked among companies with meaningful Days Payable only.

Learning Tree International's Days Payable increased from Sep. 2017 (51.25) to Sep. 2018 (63.17). It may suggest that Learning Tree International delayed paying its suppliers.

Learning Tree International Days Payable Historical Data

* Premium members only.

The historical data trend for Learning Tree International'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.

Learning Tree International Days Payable Chart

Learning Tree International Annual Data
Trend Sep09 Sep10 Sep11 Sep12 Sep13 Sep14 Sep15 Sep16 Sep17 Sep18
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 42.29 44.19 46.71 55.88 60.45

Learning Tree International Quarterly Data
Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18
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 51.25 63.34 71.08 65.82 63.17

LTRE vs WAFU: Days Payable Comparison

For the Education & Training Services subindustry, Learning Tree International'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.

Learning Tree International Days Payable vs Education Industry

For the Education industry and Consumer Defensive sector, Learning Tree International's Days Payable distribution charts can be found below:

* The bar in red indicates where Learning Tree International's Days Payable falls into.


Learning Tree International 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.

Learning Tree International's Days Payable for the fiscal year that ended in Sep. 2018 is calculated as

Days Payable (A: Sep. 2018 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Sep. 2017 ) + Accounts Payable (A: Sep. 2018 )) / count ) / Cost of Goods Sold (A: Sep. 2018 )*Days in Period
=( (6.245 + 5.893) / 2 ) / 36.642*365
=6.069 / 36.642*365
=60.45

Learning Tree International's Days Payable for the quarter that ended in Sep. 2018 is calculated as:

Days Payable (Q: Sep. 2018 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Jun. 2018 ) + Accounts Payable (Q: Sep. 2018 )) / count ) / Cost of Goods Sold (Q: Sep. 2018 )*Days in Period
=( (7.37 + 5.893) / 2 ) / 9.58*365 / 4
=6.6315 / 9.58*365 / 4
=63.17

* 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 63.17 mean?
Learning Tree International (LTRE) has a Days Payable of 63.17 as of Sep. 2018. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Learning Tree International and its competitors.
Is Learning Tree International's Days Payable too high?
Learning Tree International's current Days Payable is 63.17. The Education industry median Days Payable is 35.12. Learning Tree International's value of 63.17 is 79.9% above this industry median.
How does Learning Tree International's Days Payable compare to WAFU?
Learning Tree International's Days Payable of 63.17 can be compared against companies in the Education industry. The industry median Days Payable is 35.12. Learning Tree International's value of 63.17 is 79.9% 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 an Education company?
The median Days Payable among Education companies is 35.12, based on 211 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. Learning Tree International's current Days Payable of 63.17 is 79.9% 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 Learning Tree International and its competitors. For the Education industry, the median Days Payable is 35.12 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Learning Tree International's current Days Payable is 63.17. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Learning Tree International stock overvalued right now?
Learning Tree International (LTRE) has a current Days Payable of 63.17. The current Days Payable is 63.17 and 79.9% above the Education industry median of 35.12. 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 Learning Tree International (LTRE), the current Days Payable is 63.17 as of Sep. 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.

Learning Tree International Business Description

Address 13650 Dulles Technology Drive, Suite 400, Herndon, VA, USA, 20171
Learning Tree International Inc provides education and training in information technology. Its proprietary library of course titles focuses on client-server systems, computer networks, operating systems, databases, programming, graphical user interfaces, object-oriented technology, and IT management. Its courses are offered in hotels, conference facilities, and customer sites.