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Intelligent Living Application Group (Intelligent Living Application Group) Days Payable : 14.81 (As of Dec. 2023)


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What is Intelligent Living Application Group Days Payable?

Intelligent Living Application Group's average Accounts Payable for the six months ended in Dec. 2023 was $0.33 Mil. Intelligent Living Application Group's Cost of Goods Sold for the six months ended in Dec. 2023 was $4.06 Mil. Hence, Intelligent Living Application Group's Days Payable for the six months ended in Dec. 2023 was 14.81.

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

ILAG' s Days Payable Range Over the Past 10 Years
Min: 22.11   Med: 43.26   Max: 52.74
Current: 22.11

During the past 6 years, Intelligent Living Application Group's highest Days Payable was 52.74. The lowest was 22.11. And the median was 43.26.

ILAG's Days Payable is ranked worse than
93.64% of 1605 companies
in the Construction industry
Industry Median: 73.78 vs ILAG: 22.11

Intelligent Living Application Group's Days Payable declined from Dec. 2022 (52.50) to Dec. 2023 (14.81). It may suggest that Intelligent Living Application Group accelerated paying its suppliers.

Intelligent Living Application Group Days Payable Historical Data

The historical data trend for Intelligent Living Application 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.

* Premium members only.

Intelligent Living Application Group Days Payable Chart

Intelligent Living Application Group Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Payable
Get a 7-Day Free Trial 44.46 50.20 52.74 42.06 22.68

Intelligent Living Application Group Semi-Annual Data
Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Days Payable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 52.22 52.47 52.50 38.14 14.81

Competitive Comparison of Intelligent Living Application Group's Days Payable

For the Building Products & Equipment subindustry, Intelligent Living Application 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.

Intelligent Living Application Group's Days Payable Distribution in the Construction Industry

For the Construction industry and Industrials sector, Intelligent Living Application Group's Days Payable distribution charts can be found below:

* The bar in red indicates where Intelligent Living Application Group's Days Payable falls into.


Intelligent Living Application 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.

Intelligent Living Application Group's Days Payable for the fiscal year that ended in Dec. 2023 is calculated as

Days Payable (A: Dec. 2023 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Dec. 2022 ) + Accounts Payable (A: Dec. 2023 )) / count ) / Cost of Goods Sold (A: Dec. 2023 )*Days in Period
=( (0.397 + 0.325) / 2 ) / 5.81*365
=0.361 / 5.81*365
=22.68

Intelligent Living Application Group's Days Payable for the quarter that ended in Dec. 2023 is calculated as:

Days Payable (Q: Dec. 2023 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Jun. 2023 ) + Accounts Payable (Q: Dec. 2023 )) / count ) / Cost of Goods Sold (Q: Dec. 2023 )*Days in Period
=( (0.334 + 0.325) / 2 ) / 4.061*365 / 2
=0.3295 / 4.061*365 / 2
=14.81

* 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.

Intelligent Living Application Group Days Payable Related Terms

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Intelligent Living Application Group (Intelligent Living Application Group) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Intelligent Living Application Group Inc (NAS:ILAG) » Definitions » Days Payable
Comparable Companies
VIEW AEHL OATN BURCA APT PPIH TT TSE:6367 CARR JCI XPAR:SGO XSWX:GEBN BLDR LII CSL DUB:KRX MAS OSTO:NIBE B OC SZSE:002271
Traded in Other Exchanges
N/A
Address
1-15 Kwai Fung Crescent, Unit 2, 5th Floor, Block A, Profit Industrial Building, Kwai Chung New Territories, Hong Kong, HKG
Website
http://www.i-l-a-g.com
Intelligent Living Application Group Inc is engaged in the business of manufacturing and selling mechanical locksets. The business is spread across the Unites States, Canada, Australia, and China. Majority of the revenue is generated from the United States.