LED iBond International A/S (OCSE:LEDIBOND) Days Payable : 21.49 (As of Dec. 2023)

View and export this data going back to 2020. Start your Free Trial

What is LED iBond International A/S Days Payable?

LED iBond International A/S's average Accounts Payable for the three months ended in Dec. 2023 was kr0.83 Mil. LED iBond International A/S's Cost of Goods Sold for the three months ended in Dec. 2023 was kr3.51 Mil. Hence, LED iBond International A/S's Days Payable for the three months ended in Dec. 2023 was 21.49.

The historical rank and industry rank for LED iBond International A/S's Days Payable or its related term are showing as below:

OCSE:LEDIBOND' s Days Payable Range Over the Past 10 Years
Min: 57.18 Med: 110.34 Max: 399.14
Current: 57.18

During the past 6 years, LED iBond International A/S's highest Days Payable was 399.14. The lowest was 57.18. And the median was 110.34.

OCSE:LEDIBOND's Days Payable is ranked worse than
63.32% of 2936 companies
in the Industrial Products industry
Industry Median: 76.395 vs OCSE:LEDIBOND: 57.18

LED iBond International A/S's Days Payable increased from Dec. 2022 (20.98) to Dec. 2023 (21.49). It may suggest that LED iBond International A/S delayed paying its suppliers.

LED iBond International A/S Days Payable Historical Data

The historical data trend for LED iBond International A/S'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.

LED iBond International A/S Days Payable Chart

LED iBond International A/S Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

Get a 7-Day Free Trial

101.79

263.57

399.14

113.59

101.86

LED iBond International A/S Quarterly Data
	Dec18	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Payable	Get a 7-Day Free Trial															20.98	91.84	44.77	-	21.49

Competitive Comparison of LED iBond International A/S's Days Payable

For the Electrical Equipment & Parts subindustry, LED iBond International A/S'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.

LED iBond International A/S's Days Payable Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, LED iBond International A/S's Days Payable distribution charts can be found below:

* The bar in red indicates where LED iBond International A/S's Days Payable falls into.

LED iBond International A/S 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.

LED iBond International A/S'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
=	( (1.593	+	1.317)	/	2 )	/	5.214	*	365
=	1.455					/	5.214	*	365
=	101.86

LED iBond International A/S'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: Sep. 2023 )	+	Accounts Payable (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (0.336	+	1.317)	/	2 )	/	3.51	*	365 / 4
=	0.8265					/	3.51	*	365 / 4
=	21.49

LED iBond International A/S Days Payable Related Terms

Thank you for viewing the detailed overview of LED iBond International A/S's Days Payable provided by GuruFocus.com. Please click on the following links to see related term pages.

LED iBond International A/S (OCSE:LEDIBOND) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » LED iBond International A/S (OCSE:LEDIBOND) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Agern Alle 5A, Horsholm, DNK, 2970

Website

https://www.ledibond.com

LED iBond International A/S is a Danish technology company that offers solutions for integrating light and data, based on its deep knowledge of modern LED technology and many years of development. The patented technology includes the lightest and thinnest LED, offering a value proposition combining total design flexibility, full IoT integration, and low total costs of ownership. Its technology has been deployed in many projects, ranging from intelligent shelf lighting to large-scale indoor illumination projects such as the installation of 3.2 kilometers of Tracy, the company's flagship product, at DTU, the Technical University of Denmark.

LED iBond International A/S (OCSE:LEDIBOND) Headlines

No Headlines