Ljubija RZR a.d (XBLB:LJUB-R-A) Days Payable: 37.01 (As of Dec. 2022)

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XBLB:LJUB-R-A Ljubija RZR a.d XBLB:LJUB-R-A
20 GF Score
Price BAM0.65
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What is Ljubija RZR a.d Days Payable?

Ljubija RZR a.d XBLB:LJUB-R-A 20 Days Payable is 37.01 as of Dec. 2022. GuruFocus rates XBLB:LJUB-R-A with a GF Score™ of 20/100.

Ljubija RZR a.d's average Accounts Payable for the six months ended in Dec. 2022 was BAM0.24 Mil. Ljubija RZR a.d's Cost of Goods Sold for the six months ended in Dec. 2022 was BAM1.17 Mil. Hence, Ljubija RZR a.d's Days Payable for the six months ended in Dec. 2022 was 37.01.

The historical rank and industry rank for Ljubija RZR a.d's Days Payable or its related term are showing as below:

XBLB:LJUB-R-A's Days Payable is not ranked *
in the Steel industry.
Industry Median: 41.385
* Ranked among companies with meaningful Days Payable only.

Ljubija RZR a.d's Days Payable declined from Dec. 2021 (49.36) to Dec. 2022 (37.01). It may suggest that Ljubija RZR a.d accelerated paying its suppliers.

Ljubija RZR a.d Days Payable Historical Data

* Premium members only.

The historical data trend for Ljubija RZR a.d'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.

Ljubija RZR a.d Days Payable Chart

Ljubija RZR a.d Annual Data
Trend Dec20 Dec21 Dec22
Days Payable
0.00 80.51 67.71

Ljubija RZR a.d Semi-Annual Data
Jun21 Dec21 Jun22 Dec22
Days Payable 0.00 49.36 32.84 37.01

XBLB:LJUB-R-A vs NUE, STLD, RS: Days Payable Comparison

For the Steel subindustry, Ljubija RZR a.d'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.

Ljubija RZR a.d Days Payable vs Steel Industry

For the Steel industry and Basic Materials sector, Ljubija RZR a.d's Days Payable distribution charts can be found below:

* The bar in red indicates where Ljubija RZR a.d's Days Payable falls into.


XBLB:LJUB-R-A
20GF Score
Ljubija RZR a.d XBLB:LJUB-R-A
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Ljubija RZR a.d 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.

Ljubija RZR a.d'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
=( (0.195 + 0.458) / 2 ) / 1.76*365
=0.3265 / 1.76*365
=67.71

Ljubija RZR a.d's Days Payable for the quarter that ended in Dec. 2022 is calculated as:

Days Payable (Q: Dec. 2022 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Jun. 2022 ) + Accounts Payable (Q: Dec. 2022 )) / count ) / Cost of Goods Sold (Q: Dec. 2022 )*Days in Period
=( (0.017 + 0.458) / 2 ) / 1.171*365 / 2
=0.2375 / 1.171*365 / 2
=37.01

* 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 37.01 mean?
Ljubija RZR a.d (XBLB:LJUB-R-A) has a Days Payable of 37.01 as of Dec. 2022. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Ljubija RZR a.d and its competitors.
Is Ljubija RZR a.d's Days Payable too high?
Ljubija RZR a.d's current Days Payable is 37.01. The Steel industry median Days Payable is 41.39. Ljubija RZR a.d's value of 37.01 is 10.6% below this industry median. Overall, Ljubija RZR a.d has a GF Score™ of 20/100, reflecting its overall financial health beyond just this single metric.
How does Ljubija RZR a.d's Days Payable compare to NUE and STLD?
Ljubija RZR a.d's Days Payable of 37.01 can be compared against companies in the Steel industry. The industry median Days Payable is 41.39. Ljubija RZR a.d's value of 37.01 is 10.6% below 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 Steel company?
The median Days Payable among Steel companies is 41.39, based on 598 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. Ljubija RZR a.d's current Days Payable of 37.01 is 10.6% below 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 Ljubija RZR a.d and its competitors. For the Steel industry, the median Days Payable is 41.39 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ljubija RZR a.d's current Days Payable is 37.01. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ljubija RZR a.d stock overvalued right now?
Ljubija RZR a.d (XBLB:LJUB-R-A) has a current Days Payable of 37.01. The current Days Payable is 37.01 and 10.6% below the Steel industry median of 41.39. Ljubija RZR a.d's overall GF Score™ is 20/100. 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 Ljubija RZR a.d (XBLB:LJUB-R-A), the current Days Payable is 37.01 as of Dec. 2022. 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.

Ljubija RZR a.d Business Description

Address Akademika Jovana Raskovica 1, Prijedor, BIH, 79101
Ljubija RZR a.d is engaged in the exploitation of mining sites. The company focuses on reserves of iron ores and mineral raw materials like quartz sand, clay, limestone, dolomite, barite, fluorite, zinc, and lead.
20GF Score

Get the complete analysis for XBLB:LJUB-R-A

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

BAM0.65
Price