LFG Investment Holdings (HKSE:03938) Days Payable : 341.97 (As of Sep. 2023)

View and export this data going back to 2019. Start your Free Trial

What is LFG Investment Holdings Days Payable?

LFG Investment Holdings's average Accounts Payable for the six months ended in Sep. 2023 was HK$55.18 Mil. LFG Investment Holdings's Cost of Goods Sold for the six months ended in Sep. 2023 was HK$29.45 Mil. Hence, LFG Investment Holdings's Days Payable for the six months ended in Sep. 2023 was 341.97.

The historical rank and industry rank for LFG Investment Holdings's Days Payable or its related term are showing as below:

HKSE:03938' s Days Payable Range Over the Past 10 Years
Min: 98.8 Med: 357.99 Max: 573.12
Current: 562.59

During the past 7 years, LFG Investment Holdings's highest Days Payable was 573.12. The lowest was 98.80. And the median was 357.99.

HKSE:03938's Days Payable is ranked better than
73.48% of 528 companies
in the Capital Markets industry
Industry Median: 108.18 vs HKSE:03938: 562.59

LFG Investment Holdings's Days Payable declined from Sep. 2022 (627.42) to Sep. 2023 (341.97). It may suggest that LFG Investment Holdings accelerated paying its suppliers.

LFG Investment Holdings Days Payable Historical Data

The historical data trend for LFG Investment Holdings'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.

* Premium members only.

LFG Investment Holdings Days Payable Chart

LFG Investment Holdings Annual Data

Trend

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Payable

Get a 7-Day Free Trial

126.66

243.48

531.25

573.12

472.50

LFG Investment Holdings Semi-Annual Data
	Mar17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Days Payable	Get a 7-Day Free Trial								638.78	654.03	627.42	822.93	341.97

Competitive Comparison of LFG Investment Holdings's Days Payable

For the Capital Markets subindustry, LFG Investment Holdings'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.

LFG Investment Holdings's Days Payable Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, LFG Investment Holdings's Days Payable distribution charts can be found below:

* The bar in red indicates where LFG Investment Holdings's Days Payable falls into.

LFG Investment Holdings 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.

LFG Investment Holdings's Days Payable for the fiscal year that ended in Mar. 2023 is calculated as

	Days Payable (A: Mar. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Mar. 2022 )	+	Accounts Payable (A: Mar. 2023 ))	/	count )	/	Cost of Goods Sold (A: Mar. 2023 )	*	Days in Period
=	( (55.038	+	57.101)	/	2 )	/	43.313	*	365
=	56.0695					/	43.313	*	365
=	472.50

LFG Investment Holdings's Days Payable for the quarter that ended in Sep. 2023 is calculated as:

	Days Payable (Q: Sep. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Mar. 2023 )	+	Accounts Payable (Q: Sep. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Sep. 2023 )	*	Days in Period
=	( (57.101	+	53.262)	/	2 )	/	29.449	*	365 / 2
=	55.1815					/	29.449	*	365 / 2
=	341.97

LFG Investment Holdings Days Payable Related Terms

Thank you for viewing the detailed overview of LFG Investment Holdings's Days Payable provided by GuruFocus.com. Please click on the following links to see related term pages.

LFG Investment Holdings (HKSE:03938) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » LFG Investment Holdings Ltd (HKSE:03938) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

29 Queen’s Road Central, Room 1601, 16th Floor China Building, Hong Kong, HKG

Website

https://www.legogroup.hk/en/index.php

LFG Investment Holdings Ltd is a financial services provider in Hong Kong, that engages in the provision of corporate finance advisory services; underwriting services; securities dealing and brokerage services; securities financing services; and asset management services. The company generates maximum revenue from Corporate finance advisory services.

Executives

Mui Ho Cheung Gary	2101 Beneficial owner
Ki Sin Yee Cindy
Lego Financial Group Limited	2101 Beneficial owner
Wong Wing Shing	2101 Beneficial owner

LFG Investment Holdings (HKSE:03938) Headlines

No Headlines