Osaic Financial Services (Osaic Financial Services) Days Payable : 14.26 (As of Dec. 2019)

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What is Osaic Financial Services Days Payable?

Osaic Financial Services's average Accounts Payable for the three months ended in Dec. 2019 was $43.62 Mil. Osaic Financial Services's Cost of Goods Sold for the three months ended in Dec. 2019 was $279.14 Mil. Hence, Osaic Financial Services's Days Payable for the three months ended in Dec. 2019 was 14.26.

The historical rank and industry rank for Osaic Financial Services's Days Payable or its related term are showing as below:

LTSAP.PFD' s Days Payable Range Over the Past 10 Years
Min: 0.92 Med: 13.82 Max: 36.86
Current: 13.5

During the past 13 years, Osaic Financial Services's highest Days Payable was 36.86. The lowest was 0.92. And the median was 13.82.

LTSAP.PFD's Days Payable is not ranked
in the Capital Markets industry.
Industry Median: 97.91 vs LTSAP.PFD: 13.50

Osaic Financial Services's Days Payable declined from Dec. 2018 (18.39) to Dec. 2019 (14.26). It may suggest that Osaic Financial Services accelerated paying its suppliers.

Osaic Financial Services Days Payable Historical Data

The historical data trend for Osaic Financial Services'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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Osaic Financial Services Days Payable Chart

Osaic Financial Services Annual Data

Trend

Dec10

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Days Payable

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11.75

15.47

15.49

16.40

17.34

Osaic Financial Services Quarterly Data
	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19
Days Payable	Get a 7-Day Free Trial															18.39	17.40	15.14	14.01	14.26

Competitive Comparison of Osaic Financial Services's Days Payable

For the Capital Markets subindustry, Osaic Financial Services'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.

Osaic Financial Services's Days Payable Distribution in the Capital Markets Industry

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

* The bar in red indicates where Osaic Financial Services's Days Payable falls into.

Osaic Financial Services 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.

Osaic Financial Services'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
=	( (48.741	+	50.038)	/	2 )	/	1039.613	*	365
=	49.3895					/	1039.613	*	365
=	17.34

Osaic Financial Services'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: Sep. 2019 )	+	Accounts Payable (Q: Dec. 2019 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2019 )	*	Days in Period
=	( (37.197	+	50.038)	/	2 )	/	279.135	*	365 / 4
=	43.6175					/	279.135	*	365 / 4
=	14.26

Osaic Financial Services Days Payable Related Terms

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Osaic Financial Services (Osaic Financial Services) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Osaic Financial Services Inc (OTCPK:LTSAP.PFD) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

4400 Biscayne Boulevard, 12th Floor, Miami, FL, USA, 33137

Website

https://www.ladenburg.com

Ladenburg Thalmann Financial Services Inc is a United States-based company that provides diversified financial services. The company conducts operations through a number of subsidiaries, with three operating segments. The independent brokerage and advisory services segment consists of broker-dealer and investment advisory services, along with wealth-management services. The Ladenburg segment comprises investment banking, sales and trading and asset management services, and investment activities. The insurance brokerage segment comprises wholesale insurance brokerage activities. The company generates the majority of revenue from the independent brokerage and advisory services segment. Its business is concentrated in the United States.

Executives

Michael Liebowitz	director	4400 BISCAYNE BLVD, 10TH FLOOR, MIAMI FL 33137
Vector Group Ltd	10 percent owner	4400 BISCAYNE BOULEVARD, 10TH FLOOR, MIAMI FL 33137
Glenn C Davis	director	4400 BISCAYNE BOULEVARD, 12TH FLOOR, MIAMI FL 33137
Joseph Giovanniello	officer: Senior Vice President	520 MADISON AVENUE, 9TH FLOOR, NEW YORK NY 10022
Dmitry Kolosov	director	C/O OPKO HEALTH, INC., 4400 BISCAYNE BLVD., MIAMI FL 33137
Adam Scott Malamed	officer: Chief Operating Officer	4400 BISCAYNE BLVD., 12TH FLOOR, MIAMI FL 33137
Jacqueline M Simkin	director	801 BRICKELL AVENUE, SUITE 2350, MIAMI FL 33131
Frost Nevada Investments Trust	10 percent owner	4400 BISCAYNE BOULEVARD, 15TH FLOOR, MIAMI FL 33137
Brett Kaufman	officer: Vice President and CFO	4400 BISCAYNE BLVD., 12TH FLOOR, MIAMI FL 33137
Frost Gamma Investments Trust	10 percent owner	4400 BISCAYNE BLVD, MIAMI FL 33137
Richard M Krasno	director	C/O OPKO HEALTH, INC., 4400 BISCAYNE BLVD., MIAMI FL 31337
Saul Gilinski	director	C.I. FARMACAPSULAS S.A., 1893 S.W. THIRD STREET, POMPANO BEACH FL 33069
Diane Chillemi	officer: Chief Financial Officer	GBI CAPITAL MANAGEMENT CORP, 1055 STEWART AVE, BETHPAGE NY 11714
Richard J Rosenstock	director	C/O GAINES BERLAND INC, 1055 STEWART AVENUE, BETHPAGE NY 11714
Bruce S Mendelsohn	officer: Managing Director & Senior EVP	LADENBURG THALMANN FINANCIAL SERVICES, 590 MADISON AVENUE, 34TH FLOOR, NEW YORK NY 10022