Lauritz com Group AS (OSTO:LAUR) Days Payable: 457.61 (As of Mar. 2023)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

OSTO:LAUR Lauritz com Group AS OSTO:LAUR
4 GF Score
Price kr0.24
View Full Analysis

What is Lauritz com Group AS Days Payable?

Lauritz com Group AS OSTO:LAUR 4 Days Payable is 457.61 as of Mar. 2023. GuruFocus rates OSTO:LAUR with a GF Score™ of 4/100.

Lauritz com Group AS's average Accounts Payable for the three months ended in Mar. 2023 was kr64.1 Mil. Lauritz com Group AS's Cost of Goods Sold for the three months ended in Mar. 2023 was kr12.8 Mil. Hence, Lauritz com Group AS's Days Payable for the three months ended in Mar. 2023 was 457.61.

The historical rank and industry rank for Lauritz com Group AS's Days Payable or its related term are showing as below:

OSTO:LAUR's Days Payable is not ranked *
in the Retail - Cyclical industry.
Industry Median: 51.14
* Ranked among companies with meaningful Days Payable only.

Lauritz com Group AS's Days Payable increased from Mar. 2022 (248.09) to Mar. 2023 (457.61). It may suggest that Lauritz com Group AS delayed paying its suppliers.


Lauritz com Group AS Days Payable Historical Data

* Premium members only.

The historical data trend for Lauritz com Group AS'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.

Lauritz com Group AS Days Payable Chart

Lauritz com Group AS Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 345.24 483.31 402.04 238.46 326.80

Lauritz com Group AS Quarterly Data
Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23
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 248.09 348.18 302.72 410.91 457.61

OSTO:LAUR vs ORLY, AZO, TSCO: Days Payable Comparison

For the Specialty Retail subindustry, Lauritz com Group AS'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.


Lauritz com Group AS Days Payable vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Lauritz com Group AS's Days Payable distribution charts can be found below:

* The bar in red indicates where Lauritz com Group AS's Days Payable falls into.


OSTO:LAUR
4GF Score
Lauritz com Group AS OSTO:LAUR
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Lauritz com Group AS 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.

Lauritz com Group AS's Days Payable for the fiscal year that ended in Dec. 2022 is calculated as

Days Payable (A: Dec. 2022 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Dec. 2021 ) + Accounts Payable (A: Dec. 2022 )) / count ) / Cost of Goods Sold (A: Dec. 2022 )*Days in Period
=( (61.198 + 57.816) / 2 ) / 66.463*365
=59.507 / 66.463*365
=326.80

Lauritz com Group AS's Days Payable for the quarter that ended in Mar. 2023 is calculated as:

Days Payable (Q: Mar. 2023 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Dec. 2022 ) + Accounts Payable (Q: Mar. 2023 )) / count ) / Cost of Goods Sold (Q: Mar. 2023 )*Days in Period
=( (57.816 + 70.335) / 2 ) / 12.777*365 / 4
=64.0755 / 12.777*365 / 4
=457.61

* 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 457.61 mean?
Lauritz com Group AS (OSTO:LAUR) has a Days Payable of 457.61 as of Mar. 2023. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Lauritz com Group AS and its competitors.
Is Lauritz com Group AS's Days Payable too high?
Lauritz com Group AS's current Days Payable is 457.61. The Retail - Cyclical industry median Days Payable is 51.14. Lauritz com Group AS's value of 457.61 is 794.8% above this industry median. Overall, Lauritz com Group AS has a GF Score™ of 4/100, reflecting its overall financial health beyond just this single metric.
How does Lauritz com Group AS's Days Payable compare to ORLY and AZO?
Lauritz com Group AS's Days Payable of 457.61 can be compared against companies in the Retail - Cyclical industry. The industry median Days Payable is 51.14. Lauritz com Group AS's value of 457.61 is 794.8% 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 Retail - Cyclical company?
The median Days Payable among Retail - Cyclical companies is 51.14, based on 1,105 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. Lauritz com Group AS's current Days Payable of 457.61 is 794.8% 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 Lauritz com Group AS and its competitors. For the Retail - Cyclical industry, the median Days Payable is 51.14 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Lauritz com Group AS's current Days Payable is 457.61. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Lauritz com Group AS stock overvalued right now?
Lauritz com Group AS (OSTO:LAUR) has a current Days Payable of 457.61. The current Days Payable is 457.61 and 794.8% above the Retail - Cyclical industry median of 51.14. Lauritz com Group AS's overall GF Score™ is 4/100. 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 Lauritz com Group AS (OSTO:LAUR), the current Days Payable is 457.61 as of Mar. 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.

Lauritz com Group AS Business Description

Address Dynamovej 11C, Soborg, DNK, 2860
Lauritz com Group AS provides online auctions service. It offers traditional auctions of art, design, antiques & home luxury online. The company operates through its own auction houses and auction houses operated by partners under partnership agreements. The products auctioned by the company include carpets, rugs, textiles, clothing, shoes, accessories, electronics, furniture, sports and leisure, home and garden, paintings, etc.
4GF Score

Get the complete analysis for OSTO:LAUR

Days Payable is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

kr0.24
Price