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Lightspeed Commerce (LTS:0A8V) Days Payable : 19.21 (As of Sep. 2024)


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What is Lightspeed Commerce Days Payable?

Lightspeed Commerce's average Accounts Payable for the three months ended in Sep. 2024 was C$46 Mil. Lightspeed Commerce's Cost of Goods Sold for the three months ended in Sep. 2024 was C$221 Mil. Hence, Lightspeed Commerce's Days Payable for the three months ended in Sep. 2024 was 19.21.

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

LTS:0A8V' s Days Payable Range Over the Past 10 Years
Min: 22.68   Med: 70.79   Max: 85.25
Current: 22.68

During the past 9 years, Lightspeed Commerce's highest Days Payable was 85.25. The lowest was 22.68. And the median was 70.79.

LTS:0A8V's Days Payable is ranked worse than
75.07% of 2523 companies
in the Software industry
Industry Median: 48.75 vs LTS:0A8V: 22.68

Lightspeed Commerce's Days Payable declined from Sep. 2023 (26.10) to Sep. 2024 (19.21). It may suggest that Lightspeed Commerce accelerated paying its suppliers.


Lightspeed Commerce Days Payable Historical Data

The historical data trend for Lightspeed Commerce'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.

* Premium members only.

Lightspeed Commerce Days Payable Chart

Lightspeed Commerce Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Days Payable
Get a 7-Day Free Trial Premium Member Only 83.25 69.41 40.27 33.55 24.68

Lightspeed Commerce Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 26.10 27.08 25.31 17.99 19.21

Competitive Comparison of Lightspeed Commerce's Days Payable

For the Software - Application subindustry, Lightspeed Commerce'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.


Lightspeed Commerce's Days Payable Distribution in the Software Industry

For the Software industry and Technology sector, Lightspeed Commerce's Days Payable distribution charts can be found below:

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



Lightspeed Commerce 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.

Lightspeed Commerce's Days Payable for the fiscal year that ended in Mar. 2024 is calculated as

Days Payable (A: Mar. 2024 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Mar. 2023 ) + Accounts Payable (A: Mar. 2024 )) / count ) / Cost of Goods Sold (A: Mar. 2024 )*Days in Period
=( (50.57 + 45.344) / 2 ) / 709.314*365
=47.957 / 709.314*365
=24.68

Lightspeed Commerce'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: Jun. 2024 ) + Accounts Payable (Q: Sep. 2024 )) / count ) / Cost of Goods Sold (Q: Sep. 2024 )*Days in Period
=( (39.993 + 52.894) / 2 ) / 220.663*365 / 4
=46.4435 / 220.663*365 / 4
=19.21

* 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.


Lightspeed Commerce Days Payable Related Terms

Thank you for viewing the detailed overview of Lightspeed Commerce's Days Payable provided by GuruFocus.com. Please click on the following links to see related term pages.


Lightspeed Commerce Business Description

Traded in Other Exchanges
Address
700 Saint-Antoine Street East, Suite 300, Montreal, QC, CAN, H2Y 1A6
Lightspeed Commerce Inc provides an omni-channel commerce-enabling SaaS platform. Its software platform provides customers with the functionality it needs to engage with consumers, manage their operations, accept payments, and grow their businesses. The company sells its platform through a direct sales force in the United States, Canada, New Zealand, United Kingdom, Australia, Germany, and other countries. It derives a majority of its revenue from the United States.

Lightspeed Commerce Headlines

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