LZGI (LZG International) Days Payable: 124.83 (As of Feb. 2023)

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What is LZG International Days Payable?

LZG International LZGI Days Payable is 124.83 as of Feb. 2023.

LZG International's average Accounts Payable for the three months ended in Feb. 2023 was $2.47 Mil. LZG International's Cost of Goods Sold for the three months ended in Feb. 2023 was $1.80 Mil. Hence, LZG International's Days Payable for the three months ended in Feb. 2023 was 124.83.

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

LZGI's Days Payable is not ranked *
in the Software industry.
Industry Median: 52.78
* Ranked among companies with meaningful Days Payable only.

LZG International's Days Payable declined from Feb. 2022 (153.98) to Feb. 2023 (124.83). It may suggest that LZG International accelerated paying its suppliers.

LZG International Days Payable Historical Data

* Premium members only.

The historical data trend for LZG 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.

LZG International Days Payable Chart

LZG International Annual Data
Trend May13 May14 May15 May16 May17 May18 May19 May20 May21 May22
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 34.76

LZG International Quarterly Data
May18 Aug18 Nov18 Feb19 May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23
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 153.98 33.34 170.77 127.63 124.83

LZGI vs QGSI, BMTX, NXPL: Days Payable Comparison

For the Software - Application subindustry, LZG 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.

LZG International Days Payable vs Software Industry

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

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


LZG 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.

LZG International's Days Payable for the fiscal year that ended in May. 2022 is calculated as

Days Payable (A: May. 2022 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: May. 2021 ) + Accounts Payable (A: May. 2022 )) / count ) / Cost of Goods Sold (A: May. 2022 )*Days in Period
=( (0.006 + 0.002) / 2 ) / 0.042*365
=0.004 / 0.042*365
=34.76

LZG International's Days Payable for the quarter that ended in Feb. 2023 is calculated as:

Days Payable (Q: Feb. 2023 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Nov. 2022 ) + Accounts Payable (Q: Feb. 2023 )) / count ) / Cost of Goods Sold (Q: Feb. 2023 )*Days in Period
=( (2.84 + 2.093) / 2 ) / 1.803*365 / 4
=2.4665 / 1.803*365 / 4
=124.83

* 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 124.83 mean?
LZG International (LZGI) has a Days Payable of 124.83 as of Feb. 2023. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on LZG International and its competitors.
Is LZG International's Days Payable too high?
LZG International's current Days Payable is 124.83. The Software industry median Days Payable is 52.78. LZG International's value of 124.83 is 136.5% above this industry median.
How does LZG International's Days Payable compare to QGSI and BMTX?
LZG International's Days Payable of 124.83 can be compared against companies in the Software industry. The industry median Days Payable is 52.78. LZG International's value of 124.83 is 136.5% 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 a Software company?
The median Days Payable among Software companies is 52.78, based on 2,610 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. LZG International's current Days Payable of 124.83 is 136.5% 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 LZG International and its competitors. For the Software industry, the median Days Payable is 52.78 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. LZG International's current Days Payable is 124.83. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is LZG International stock overvalued right now?
LZG International (LZGI) has a current Days Payable of 124.83. The current Days Payable is 124.83 and 136.5% above the Software industry median of 52.78. 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 LZG International (LZGI), the current Days Payable is 124.83 as of Feb. 2023. 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.

LZG International Business Description

Address 135 West 41st Street, Suite 5-104, New York, NY, USA, 10036
LZG International Inc is a provider of AI solutions to businesses. Its AI Solutions are supported by the Outcomes software platform and various team members focused on helping SMEs be more effective and efficient. The company is also engaged in marketing the FatBrain technology, which transforms continuous learning, narrative reasoning, cloud, blockchain, and Web3 technologies into auditable, explainable, and easy-to-integrate products. The FatBrain's subscription model allows all companies to deploy its AI solutions quickly and easily, securely utilizing them on premises behind their firewalls or via the cloud.