LUMN (Lumen Technologies) Days Payable : 44.23 (As of Dec. 2024)

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What is Lumen Technologies Days Payable?

Lumen Technologies's average Accounts Payable for the three months ended in Dec. 2024 was $827 Mil. Lumen Technologies's Cost of Goods Sold for the three months ended in Dec. 2024 was $1,706 Mil. Hence, Lumen Technologies's Days Payable for the three months ended in Dec. 2024 was 44.23.

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

LUMN' s Days Payable Range Over the Past 10 Years
Min: 40.68 Med: 53.56 Max: 73.07
Current: 53.85

During the past 13 years, Lumen Technologies's highest Days Payable was 73.07. The lowest was 40.68. And the median was 53.56.

LUMN's Days Payable is ranked worse than
73.99% of 346 companies
in the Telecommunication Services industry
Industry Median: 106.305 vs LUMN: 53.85

Lumen Technologies's Days Payable declined from Dec. 2023 (56.45) to Dec. 2024 (44.23). It may suggest that Lumen Technologies accelerated paying its suppliers.

Lumen Technologies Days Payable Historical Data

The historical data trend for Lumen Technologies'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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Lumen Technologies Days Payable Chart

Lumen Technologies Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Days Payable

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58.38

40.68

41.80

55.64

51.27

Lumen Technologies Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Days Payable	Get a 7-Day Free Trial															56.45	63.41	59.54	51.23	44.23

Competitive Comparison of Lumen Technologies's Days Payable

For the Telecom Services subindustry, Lumen Technologies'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.

Lumen Technologies's Days Payable Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Lumen Technologies's Days Payable distribution charts can be found below:

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

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Lumen Technologies 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.

Lumen Technologies'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
=	( (1134	+	749)	/	2 )	/	6703	*	365
=	941.5					/	6703	*	365
=	51.27

Lumen Technologies'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
=	( (905	+	749)	/	2 )	/	1706	*	365 / 4
=	827					/	1706	*	365 / 4
=	44.23

Lumen Technologies Days Payable Related Terms

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Lumen Technologies Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » Lumen Technologies Inc (NYSE:LUMN) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

LUMN:Mexico 1CYTH:Italy 0HVP:UK CYTH:Germany CYTH:Germany L1MN34:Brazil

Address

100 CenturyLink Drive, Monroe, LA, USA, 71203

Website

https://www.lumen.com

With 450,000 route miles of fiber, Lumen Technologies is one of the United States' largest telecommunications carriers serving global enterprises. Its merger with Level 3 in 2017 and divestiture of much of its incumbent local exchange carrier, or ILEC, business in 2022 has shifted the company's operations away from its legacy consumer business and toward enterprises (now about 75% of revenue). Lumen offers businesses a full menu of communications services, providing colocation and data center services, data transportation, and end-user phone and internet service. On the consumer side, Lumen provides broadband and phone service across 37 states, where it has 4.5 million broadband customers.

Executives

James Fowler	director	100 CENTURYLINK DRIVE, MONROE LA 71203
Kathleen E Johnson	director, officer: President & CEO	55 GLENLAKE PARKWAY, NE, ATLANTA GA 30328
T Michael Glenn	director	942 S SHADY GROVE RD, MEMPHIS TN 38120
Christopher Stansbury	officer: EVP and CFO	C/O ARROW ELECTRONICS, INC, 9201 EAST DRY CREEK ROAD, CENTENNIAL CO 80112
Quincy L Allen	director	6600 NORTH MILITARY TRAIL, LEGAL DEPARTMENT, BOCA RATON FL 33496
Ashley Haynes-gaspar	officer: EVP and Customer Exp Officer	100 CENTURYLINK DRIVE, MONROE LA 71203
Kevin P. Chilton	director	1201 LAKE ROBBINS DRIVE, THE WOODLANDS TX 77380
Laurie Siegel	director	C/O VOLT INFORMATION SCIENCES, INC., 1133 AVENUE OF THE AMERICAS, 15TH FLOOR, NEW YORK NY 10036
Peter C Brown	director	909 WALNUT STE 200, KANSAS CITY MO 64106
Scott Trezise	officer: EVP, Human Resources	100 CENTURYLINK DRIVE, MONROE LA 71203
Shaun C Andrews	officer: Exec VP & Chief Mktg Officer	100 CENTURYLINK DRIVE, MONROE LA 71203
Sham Chotai	officer: EVP, Product and IT	10201 TORRE AVENUE, SUITE 350, CUPERTINO CA 95014
Michael James Roberts	director	ONE MCDONALD'S PLAZA, OAK BROOK IL 60523
Steven T Clontz	director	781 THIRD AVENUE, KING OF PRUSSIA PA 19406-1409
Martha Helena Bejar	director	C/O POLYCOM, INC., 6001 AMERICA CENTER DRIVE, SAN JOSE CA 95002