LASCO Manufacturing (XJAM:LASM) Days Payable : 80.46 (As of Sep. 2024)

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What is LASCO Manufacturing Days Payable?

LASCO Manufacturing's average Accounts Payable for the three months ended in Sep. 2024 was JMD1,655 Mil. LASCO Manufacturing's Cost of Goods Sold for the three months ended in Sep. 2024 was JMD1,877 Mil. Hence, LASCO Manufacturing's Days Payable for the three months ended in Sep. 2024 was 80.46.

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

XJAM:LASM' s Days Payable Range Over the Past 10 Years
Min: 39.48 Med: 47.61 Max: 73.51
Current: 73.51

During the past 6 years, LASCO Manufacturing's highest Days Payable was 73.51. The lowest was 39.48. And the median was 47.61.

XJAM:LASM's Days Payable is ranked better than
71.85% of 1833 companies
in the Consumer Packaged Goods industry
Industry Median: 47.35 vs XJAM:LASM: 73.51

LASCO Manufacturing's Days Payable increased from Sep. 2023 (50.76) to Sep. 2024 (80.46). It may suggest that LASCO Manufacturing delayed paying its suppliers.

LASCO Manufacturing Days Payable Historical Data

The historical data trend for LASCO Manufacturing'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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LASCO Manufacturing Days Payable Chart

LASCO Manufacturing Annual Data

Trend

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Days Payable

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47.42

54.90

47.79

43.38

60.34

LASCO Manufacturing Quarterly Data
	Mar19	Mar20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Days Payable	Get a 7-Day Free Trial												50.76	57.83	74.76	73.58	80.46

Competitive Comparison of LASCO Manufacturing's Days Payable

For the Packaged Foods subindustry, LASCO Manufacturing'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.

LASCO Manufacturing's Days Payable Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, LASCO Manufacturing's Days Payable distribution charts can be found below:

* The bar in red indicates where LASCO Manufacturing's Days Payable falls into.

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LASCO Manufacturing 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.

LASCO Manufacturing's Days Payable for the fiscal year that ended in Mar. 2024 is calculated as

	Days Payable (A: Mar. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Mar. 2023 )	+	Accounts Payable (A: Mar. 2024 ))	/	count )	/	Cost of Goods Sold (A: Mar. 2024 )	*	Days in Period
=	( (903.508	+	1581.275)	/	2 )	/	7515.77	*	365
=	1242.3915					/	7515.77	*	365
=	60.34

LASCO Manufacturing's Days Payable for the quarter that ended in Sep. 2024 is calculated as:

	Days Payable (Q: Sep. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Jun. 2024 )	+	Accounts Payable (Q: Sep. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Sep. 2024 )	*	Days in Period
=	( (1665.68	+	1644.004)	/	2 )	/	1876.763	*	365 / 4
=	1654.842					/	1876.763	*	365 / 4
=	80.46

LASCO Manufacturing Days Payable Related Terms

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LASCO Manufacturing Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » LASCO Manufacturing Ltd (XJAM:LASM) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

27 Red Hills Road, Kingston 10, Jamaica, JAM

Website

https://www.lascojamaica.com

LASCO Manufacturing Ltd is engaged in the manufacturing of soy-based products, juice drinks, water and packaging of milk-based products. The company's portfolio includes LASCO Food Drink, LaSoy Lactose-Free, Porridge Mix, Whole Milk, Instant enriched milk powder, and Readi Milk.

LASCO Manufacturing Headlines

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