LC-Tec Holding AB (NGM:LCT) Days Payable : 62.65 (As of Sep. 2024)

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What is LC-Tec Holding AB Days Payable?

LC-Tec Holding AB's average Accounts Payable for the three months ended in Sep. 2024 was kr0.54 Mil. LC-Tec Holding AB's Cost of Goods Sold for the three months ended in Sep. 2024 was kr0.78 Mil. Hence, LC-Tec Holding AB's Days Payable for the three months ended in Sep. 2024 was 62.65.

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

NGM:LCT' s Days Payable Range Over the Past 10 Years
Min: 47.03 Med: 68.39 Max: 158.95
Current: 158.95

During the past 13 years, LC-Tec Holding AB's highest Days Payable was 158.95. The lowest was 47.03. And the median was 68.39.

NGM:LCT's Days Payable is ranked better than
79.69% of 2929 companies
in the Industrial Products industry
Industry Median: 75.78 vs NGM:LCT: 158.95

LC-Tec Holding AB's Days Payable declined from Sep. 2023 (136.68) to Sep. 2024 (62.65). It may suggest that LC-Tec Holding AB accelerated paying its suppliers.

LC-Tec Holding AB Days Payable Historical Data

The historical data trend for LC-Tec Holding AB'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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LC-Tec Holding AB Days Payable Chart

LC-Tec Holding AB Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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74.18

84.36

47.03

62.59

95.36

LC-Tec Holding AB 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															136.68	148.43	553.59	142.60	62.65

Competitive Comparison of LC-Tec Holding AB's Days Payable

For the Electrical Equipment & Parts subindustry, LC-Tec Holding AB'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.

LC-Tec Holding AB's Days Payable Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, LC-Tec Holding AB's Days Payable distribution charts can be found below:

* The bar in red indicates where LC-Tec Holding AB's Days Payable falls into.

LC-Tec Holding AB 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.

LC-Tec Holding AB's Days Payable for the fiscal year that ended in Dec. 2023 is calculated as

	Days Payable (A: Dec. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Dec. 2022 )	+	Accounts Payable (A: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2023 )	*	Days in Period
=	( (1.121	+	2.683)	/	2 )	/	7.28	*	365
=	1.902					/	7.28	*	365
=	95.36

LC-Tec Holding AB'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
=	( (0.629	+	0.442)	/	2 )	/	0.78	*	365 / 4
=	0.5355					/	0.78	*	365 / 4
=	62.65

LC-Tec Holding AB Days Payable Related Terms

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LC-Tec Holding AB Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » LC-Tec Holding AB (NGM:LCT) » Definitions » Days Payable

Traded in Other Exchanges

N/A

Address

Tunavagen 281, Borlange, SWE, 781 73

Website

http://www.lc-tec.se

LC-Tec Holding AB is a technology company. The company design and manufacture optical components based on liquid crystal technology (LC). Its products inlcude optical shutters, variable ND filters, polarization modulators, variable retarders, and information displays. The group applications are used 3D projections, direct-view 3D displays, photography and videography, industrial cameras and machine vision, smart eyewear, welding, laser attenuation, and research and development applications.

LC-Tec Holding AB Headlines

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