Liepajas metalurgs (ORSE:LME1R) Days Payable : 314.05 (As of Dec. 2012)

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What is Liepajas metalurgs Days Payable?

Liepajas metalurgs's average Accounts Payable for the six months ended in Dec. 2012 was Ls45.78 Mil. Liepajas metalurgs's Cost of Goods Sold for the six months ended in Dec. 2012 was Ls60.87 Mil. Hence, Liepajas metalurgs's Days Payable for the six months ended in Dec. 2012 was 137.26.

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

ORSE:LME1R' s Days Payable Range Over the Past 10 Years
Min: 0 Med: 0 Max: 101.2
Current: 101.2

During the past 8 years, Liepajas metalurgs's highest Days Payable was 101.20. The lowest was 0.00. And the median was 0.00.

ORSE:LME1R's Days Payable is not ranked
in the Steel industry.
Industry Median: 41.43 vs ORSE:LME1R: 101.20

Liepajas metalurgs's Days Payable increased from Dec. 2010 (99.30) to Dec. 2012 (314.05). It may suggest that Liepajas metalurgs delayed paying its suppliers.

Liepajas metalurgs Days Payable Historical Data

The historical data trend for Liepajas metalurgs'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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Liepajas metalurgs Days Payable Chart

Liepajas metalurgs Annual Data

Trend

Dec05

Dec06

Dec07

Dec08

Dec09

Dec10

Dec11

Dec12

Days Payable

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17.15

20.18

18.13

42.07

50.46

Liepajas metalurgs Semi-Annual Data
	Dec05	Dec06	Dec07	Dec08	Dec09	Dec10	Dec11	Dec12
Days Payable	Get a 7-Day Free Trial			17.15	71.27	99.30	334.45	314.05

Competitive Comparison of Liepajas metalurgs's Days Payable

For the Steel subindustry, Liepajas metalurgs'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.

Liepajas metalurgs's Days Payable Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Liepajas metalurgs's Days Payable distribution charts can be found below:

* The bar in red indicates where Liepajas metalurgs's Days Payable falls into.

Liepajas metalurgs 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.

Liepajas metalurgs's Days Payable for the fiscal year that ended in Dec. 2012 is calculated as

	Days Payable (A: Dec. 2012 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Dec. 2011 )	+	Accounts Payable (A: Dec. 2012 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2012 )	*	Days in Period
=	( (39.188	+	52.37)	/	2 )	/	331.138	*	365
=	45.779					/	331.138	*	365
=	50.46

Liepajas metalurgs's Days Payable for the quarter that ended in Dec. 2012 is calculated as:

	Days Payable (Q: Dec. 2012 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Dec. 2011 )	+	Accounts Payable (Q: Dec. 2012 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2012 )	*	Days in Period
=	( (39.188	+	52.37)	/	2 )	/	60.867	*	365 / 2
=	45.779					/	60.867	*	365 / 2
=	137.26

Liepajas metalurgs Days Payable Related Terms

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Liepajas metalurgs (ORSE:LME1R) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Liepajas metalurgs (ORSE:LME1R) » Definitions » Days Payable

Traded in Other Exchanges

N/A

Address

Website

http://lm.metalurgs.lv

Liepajas metalurgs, is engaged in the production of steel and is the only steel production plant in the Baltic States. It offers steel rolled bars, reinforcing bars, rolled steel, castings and slag and also provides various port services.

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