US Lighting Group (US Lighting Group) Days Payable : 157.93 (As of Dec. 2023)

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What is US Lighting Group Days Payable?

US Lighting Group's average Accounts Payable for the three months ended in Dec. 2023 was $0.96 Mil. US Lighting Group's Cost of Goods Sold for the three months ended in Dec. 2023 was $0.56 Mil. Hence, US Lighting Group's Days Payable for the three months ended in Dec. 2023 was 157.93.

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

USLG' s Days Payable Range Over the Past 10 Years
Min: 63.54 Med: 85.88 Max: 8796.5
Current: 102.04

During the past 9 years, US Lighting Group's highest Days Payable was 8796.50. The lowest was 63.54. And the median was 85.88.

USLG's Days Payable is ranked better than
72.96% of 1261 companies
in the Vehicles & Parts industry
Industry Median: 65.85 vs USLG: 102.04

US Lighting Group's Days Payable increased from Dec. 2022 (93.52) to Dec. 2023 (157.93). It may suggest that US Lighting Group delayed paying its suppliers.

US Lighting Group Days Payable Historical Data

The historical data trend for US Lighting Group'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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US Lighting Group Days Payable Chart

US Lighting Group Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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78.36

8,796.50

102.72

107.67

US Lighting Group Quarterly Data
	Mar17	Jun17	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Payable	Get a 7-Day Free Trial															93.52	82.48	74.08	104.45	157.93

Competitive Comparison of US Lighting Group's Days Payable

For the Recreational Vehicles subindustry, US Lighting Group'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.

US Lighting Group's Days Payable Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, US Lighting Group's Days Payable distribution charts can be found below:

* The bar in red indicates where US Lighting Group's Days Payable falls into.

US Lighting Group 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.

US Lighting Group'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
=	( (0.608	+	1.025)	/	2 )	/	2.768	*	365
=	0.8165					/	2.768	*	365
=	107.67

US Lighting Group's Days Payable for the quarter that ended in Dec. 2023 is calculated as:

	Days Payable (Q: Dec. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Sep. 2023 )	+	Accounts Payable (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (0.903	+	1.025)	/	2 )	/	0.557	*	365 / 4
=	0.964					/	0.557	*	365 / 4
=	157.93

US Lighting Group Days Payable Related Terms

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US Lighting Group (US Lighting Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » US Lighting Group Inc (OTCPK:USLG) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

1148 East 222nd Street, Euclid, OH, USA, 44117

Website

https://www.uslightinggroup.com

US Lighting Group Inc is a manufacturer of recreational vehicles utilizing the highest quality marine materials to create lighter weight, stronger, and more durable RV travel trailers and campers. It consists of four subsidiaries: Cortes Campers, LLC, a brand of high end molded fiberglass campers, Futuro Houses, LLC, focused on design and sales of molded fiberglass homes, Fusion X Marine, LLC, a high performance boat designer, and MIGMarine Corporation, a composite manufacturing company that produces proprietary molded fiberglass products for other business lines. The company formed Cortes Campers to operate a new brand of inventive travel trailers.

Executives

Michael A Coates	officer: Corporate Controller	1148 EAST 222ND ST., EUCLID OH 44117
Retreage Donald O'connor Jr	officer: CFO	2603 CHALLENGER TECH CT., SUITE 100, ORLANDO FL 32826
Patricia Ann Salaciak	director, officer: Marketing Director	1148 EAST 222ND ST., EUCLID OH 44117
Olga Smirnova	director, officer: Corporate Secretary	1148 EAST 222ND ST., EUCLID OH 44117
Paul Spivak	director, 10 percent owner, officer: CEO	34099 MELINZ PKWY., UNIT E, EASTLAKE OH 44095