Lida Holdings (TPE:4552) Days Payable : 52.30 (As of Mar. 2024)

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What is Lida Holdings Days Payable?

Lida Holdings's average Accounts Payable for the three months ended in Mar. 2024 was NT$331 Mil. Lida Holdings's Cost of Goods Sold for the three months ended in Mar. 2024 was NT$577 Mil. Hence, Lida Holdings's Days Payable for the three months ended in Mar. 2024 was 52.30.

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

TPE:4552' s Days Payable Range Over the Past 10 Years
Min: 28.68 Med: 41.56 Max: 83.39
Current: 50.27

During the past 10 years, Lida Holdings's highest Days Payable was 83.39. The lowest was 28.68. And the median was 41.56.

TPE:4552's Days Payable is ranked worse than
69.61% of 2925 companies
in the Industrial Products industry
Industry Median: 76.67 vs TPE:4552: 50.27

Lida Holdings's Days Payable declined from Mar. 2023 (96.09) to Mar. 2024 (52.30). It may suggest that Lida Holdings accelerated paying its suppliers.

Lida Holdings Days Payable Historical Data

The historical data trend for Lida Holdings'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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Lida Holdings Days Payable Chart

Lida Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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57.21

83.39

71.33

76.67

47.98

Lida Holdings Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Payable	Get a 7-Day Free Trial															96.09	56.38	55.15	42.24	52.30

Competitive Comparison of Lida Holdings's Days Payable

For the Specialty Industrial Machinery subindustry, Lida Holdings'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.

Lida Holdings's Days Payable Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Lida Holdings's Days Payable distribution charts can be found below:

* The bar in red indicates where Lida Holdings's Days Payable falls into.

Lida Holdings 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.

Lida Holdings'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
=	( (771.177	+	259.62)	/	2 )	/	3921.16	*	365
=	515.3985					/	3921.16	*	365
=	47.98

Lida Holdings's Days Payable for the quarter that ended in Mar. 2024 is calculated as:

	Days Payable (Q: Mar. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Dec. 2023 )	+	Accounts Payable (Q: Mar. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Mar. 2024 )	*	Days in Period
=	( (259.62	+	402.188)	/	2 )	/	577.323	*	365 / 4
=	330.904					/	577.323	*	365 / 4
=	52.30

Lida Holdings Days Payable Related Terms

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Lida Holdings (TPE:4552) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Lida Holdings Ltd (TPE:4552) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

No.51, Sec. 2, Keelung Road, 3rd Floor, Xinyi District, Taipei, TWN, 11052

Website

https://www.lidaholdings.com

Lida Holdings Ltd is a Chinese company primarily engaged in the design, manufacture, and sales of mechanical and electrical products such as air compressors, electric welding machines, and electrical tools. . It mainly produces a piston compressor, screw compressor, scroll compressor. It brands include Luowei, Lida and Eagleland. Geographically, it derives a majority of its revenue from China and also has a presence in Australia; Korea; Turkey; Malaysia; South Africa; France; Belgium; Indonesia, and other countries.

Lida Holdings (TPE:4552) Headlines

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