LumX Group (XSWX:LUMX) Days Payable : 123.26 (As of Dec. 2019)

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What is LumX Group Days Payable?

LumX Group's average Accounts Payable for the six months ended in Dec. 2019 was CHF2.21 Mil. LumX Group's Cost of Goods Sold for the six months ended in Dec. 2019 was CHF3.27 Mil. Hence, LumX Group's Days Payable for the six months ended in Dec. 2019 was 123.26.

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

XSWX:LUMX's Days Payable is not ranked ^*
in the Asset Management industry.
Industry Median: 73
* Ranked among companies with meaningful Days Payable only.

LumX Group's Days Payable declined from Dec. 2018 (132.50) to Dec. 2019 (123.26). It may suggest that LumX Group accelerated paying its suppliers.

LumX Group Days Payable Historical Data

The historical data trend for LumX 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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LumX Group Days Payable Chart

LumX Group Annual Data

Trend

Dec10

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Days Payable

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66.86

68.14

77.92

125.44

129.16

LumX Group Semi-Annual Data
	Jun10	Dec10	Jun11	Dec11	Jun12	Dec12	Jun13	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19
Days Payable	Get a 7-Day Free Trial															125.32	122.11	132.50	131.28	123.26

Competitive Comparison of LumX Group's Days Payable

For the Asset Management subindustry, LumX 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.

LumX Group's Days Payable Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, LumX Group's Days Payable distribution charts can be found below:

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

LumX 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.

LumX Group's Days Payable for the fiscal year that ended in Dec. 2019 is calculated as

	Days Payable (A: Dec. 2019 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Dec. 2018 )	+	Accounts Payable (A: Dec. 2019 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2019 )	*	Days in Period
=	( (3.092	+	1.944)	/	2 )	/	7.116	*	365
=	2.518					/	7.116	*	365
=	129.16

LumX Group's Days Payable for the quarter that ended in Dec. 2019 is calculated as:

	Days Payable (Q: Dec. 2019 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Jun. 2019 )	+	Accounts Payable (Q: Dec. 2019 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2019 )	*	Days in Period
=	( (2.473	+	1.944)	/	2 )	/	3.27	*	365 / 2
=	2.2085					/	3.27	*	365 / 2
=	123.26

LumX Group Days Payable Related Terms

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LumX Group (XSWX:LUMX) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » LumX Group Ltd (XSWX:LUMX) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Martello Court, Admiral Park, Saint Peter Port, GGY, GY1 3HB

Website

http://www.lumxgroup.com

LumX Group Ltd is a holding company, which engages in the provision of investment, risk management, and structuring solutions to a primarily institutional client base. The company offers a full suite of products and services focused on alternative investments, multi-asset portfolio management, and risk management services. It operates through the following geographic areas: Europe, Asia Pacific, the Cayman Islands, North America, and the British Virgin Islands.

LumX Group (XSWX:LUMX) Headlines

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