L & K Engineering Co (TPE:6139) Days Payable : 83.47 (As of Mar. 2024)

View and export this data going back to 2003. Start your Free Trial

What is L & K Engineering Co Days Payable?

L & K Engineering Co's average Accounts Payable for the three months ended in Mar. 2024 was NT$15,836 Mil. L & K Engineering Co's Cost of Goods Sold for the three months ended in Mar. 2024 was NT$17,311 Mil. Hence, L & K Engineering Co's Days Payable for the three months ended in Mar. 2024 was 83.47.

The historical rank and industry rank for L & K Engineering Co's Days Payable or its related term are showing as below:

TPE:6139' s Days Payable Range Over the Past 10 Years
Min: 99.64 Med: 114.36 Max: 169.75
Current: 115.13

During the past 13 years, L & K Engineering Co's highest Days Payable was 169.75. The lowest was 99.64. And the median was 114.36.

TPE:6139's Days Payable is ranked better than
68.45% of 1604 companies
in the Construction industry
Industry Median: 74.965 vs TPE:6139: 115.13

L & K Engineering Co's Days Payable declined from Dec. 2022 (87.22) to Mar. 2024 (83.47). It may suggest that L & K Engineering Co accelerated paying its suppliers.

L & K Engineering Co Days Payable Historical Data

The historical data trend for L & K Engineering Co'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.

* Premium members only.

L & K Engineering Co Days Payable Chart

L & K Engineering Co Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Days Payable

Get a 7-Day Free Trial

111.66

146.38

169.75

121.93

110.12

L & K Engineering Co Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Mar24
Days Payable	Get a 7-Day Free Trial															87.22	114.45	90.32	81.19	83.47

Competitive Comparison of L & K Engineering Co's Days Payable

For the Engineering & Construction subindustry, L & K Engineering Co'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.

L & K Engineering Co's Days Payable Distribution in the Construction Industry

For the Construction industry and Industrials sector, L & K Engineering Co's Days Payable distribution charts can be found below:

* The bar in red indicates where L & K Engineering Co's Days Payable falls into.

L & K Engineering Co 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.

L & K Engineering Co'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
=	( (9162.479	+	10751.081)	/	2 )	/	33001.985	*	365
=	9956.78					/	33001.985	*	365
=	110.12

L & K Engineering Co'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: Sep. 2023 )	+	Accounts Payable (Q: Mar. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Mar. 2024 )	*	Days in Period
=	( (13193.264	+	18478.037)	/	2 )	/	17310.68	*	365 / 4
=	15835.6505					/	17310.68	*	365 / 4
=	83.47

L & K Engineering Co Days Payable Related Terms

Thank you for viewing the detailed overview of L & K Engineering Co's Days Payable provided by GuruFocus.com. Please click on the following links to see related term pages.

L & K Engineering Co (TPE:6139) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » L & K Engineering Co Ltd (TPE:6139) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

5F., No.17, Lane 120, Neihu Rd, Sec. 1, Neihu District, Taipei City, TWN, 11493

Website

https://www.lkeng.com.tw

L & K Engineering Co Ltd is a Taiwan-based professional engineering company that provides fully integrated turnkey engineering services for cleanroom construction projects, process utility systems, electrical and mechanical engineering, and other associated engineering projects. The company is also engaged in the construction of hospital sterile rooms, biochemical pharmaceutical sterile rooms, electronic industry clean rooms, and related mechanical and electrical pipelines.

L & K Engineering Co (TPE:6139) Headlines

No Headlines