Lightning Group AB (XSAT:LIGR) Days Payable : 42.97 (As of Dec. 2024)

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What is Lightning Group AB Days Payable?

Lightning Group AB's average Accounts Payable for the three months ended in Dec. 2024 was kr3.75 Mil. Lightning Group AB's Cost of Goods Sold for the three months ended in Dec. 2024 was kr7.97 Mil. Hence, Lightning Group AB's Days Payable for the three months ended in Dec. 2024 was 42.97.

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

XSAT:LIGR' s Days Payable Range Over the Past 10 Years
Min: 41.56 Med: 47.13 Max: 89.63
Current: 48.39

During the past 10 years, Lightning Group AB's highest Days Payable was 89.63. The lowest was 41.56. And the median was 47.13.

XSAT:LIGR's Days Payable is ranked worse than
69.37% of 2406 companies
in the Hardware industry
Industry Median: 69.04 vs XSAT:LIGR: 48.39

Lightning Group AB's Days Payable increased from Dec. 2023 (23.48) to Dec. 2024 (42.97). It may suggest that Lightning Group AB delayed paying its suppliers.

Lightning Group AB Days Payable Historical Data

The historical data trend for Lightning Group AB'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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Lightning Group AB Days Payable Chart

Lightning Group AB Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Days Payable

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57.61

42.74

45.47

44.06

41.56

Lightning Group AB Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Days Payable	Get a 7-Day Free Trial															23.48	40.57	49.43	72.40	42.97

Competitive Comparison of Lightning Group AB's Days Payable

For the Electronic Components subindustry, Lightning Group AB'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.

Lightning Group AB's Days Payable Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Lightning Group AB's Days Payable distribution charts can be found below:

* The bar in red indicates where Lightning Group AB's Days Payable falls into.

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Lightning Group AB 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.

Lightning Group AB's Days Payable for the fiscal year that ended in Dec. 2024 is calculated as

	Days Payable (A: Dec. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Dec. 2023 )	+	Accounts Payable (A: Dec. 2024 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2024 )	*	Days in Period
=	( (2.866	+	3.486)	/	2 )	/	27.896	*	365
=	3.176					/	27.896	*	365
=	41.56

Lightning Group AB's Days Payable for the quarter that ended in Dec. 2024 is calculated as:

	Days Payable (Q: Dec. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Sep. 2024 )	+	Accounts Payable (Q: Dec. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2024 )	*	Days in Period
=	( (4.016	+	3.486)	/	2 )	/	7.966	*	365 / 4
=	3.751					/	7.966	*	365 / 4
=	42.97

Lightning Group AB Days Payable Related Terms

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Lightning Group AB Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Lightning Group AB (XSAT:LIGR) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Hilma Andersson Street 15, Vastra Frolunda, SWE, 421 31

Website

https://www.lightninggroup.se

Lightning Group AB is a Holding company. Through its subsidiaries, It develops, designs and sells lighting control solutions for large and wireless projects. The company offers LED and LED control.

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