LumenRadio AB (OSTO:LUMEN) Days Payable : 88.93 (As of Mar. 2024)

View and export this data going back to 2022. Start your Free Trial

What is LumenRadio AB Days Payable?

LumenRadio AB's average Accounts Payable for the three months ended in Mar. 2024 was kr16.7 Mil. LumenRadio AB's Cost of Goods Sold for the three months ended in Mar. 2024 was kr17.1 Mil. Hence, LumenRadio AB's Days Payable for the three months ended in Mar. 2024 was 88.93.

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

OSTO:LUMEN' s Days Payable Range Over the Past 10 Years
Min: 47.64 Med: 75.08 Max: 145.17
Current: 83.14

During the past 5 years, LumenRadio AB's highest Days Payable was 145.17. The lowest was 47.64. And the median was 75.08.

OSTO:LUMEN's Days Payable is ranked better than
61.17% of 2421 companies
in the Hardware industry
Industry Median: 67.89 vs OSTO:LUMEN: 83.14

LumenRadio AB's Days Payable increased from Mar. 2023 (66.15) to Mar. 2024 (88.93). It may suggest that LumenRadio AB delayed paying its suppliers.

LumenRadio AB Days Payable Historical Data

The historical data trend for LumenRadio AB'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.

LumenRadio AB Days Payable Chart

LumenRadio AB Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

145.17

119.86

47.64

63.37

75.08

LumenRadio AB Quarterly Data
	Dec19	Dec20	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Payable	Get a 7-Day Free Trial								66.15	78.34	86.26	89.14	88.93

Competitive Comparison of LumenRadio AB's Days Payable

For the Communication Equipment subindustry, LumenRadio AB'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.

LumenRadio AB's Days Payable Distribution in the Hardware Industry

For the Hardware industry and Technology sector, LumenRadio AB's Days Payable distribution charts can be found below:

* The bar in red indicates where LumenRadio AB's Days Payable falls into.

LumenRadio AB 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.

LumenRadio AB'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
=	( (19.8	+	17.201)	/	2 )	/	89.94	*	365
=	18.5005					/	89.94	*	365
=	75.08

LumenRadio AB's Days Payable for the quarter that ended in Mar. 2024 is calculated as:

	Days Payable (Q: Mar. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Dec. 2023 )	+	Accounts Payable (Q: Mar. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Mar. 2024 )	*	Days in Period
=	( (17.201	+	16.114)	/	2 )	/	17.093	*	365 / 4
=	16.6575					/	17.093	*	365 / 4
=	88.93

LumenRadio AB Days Payable Related Terms

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

LumenRadio AB (OSTO:LUMEN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » LumenRadio AB (OSTO:LUMEN) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

YV7:Germany

Address

Johan Willins Gata 6, Gothenburg, SWE, SE-416 48

Website

https://www.lumenradio.com

LumenRadio AB provide ultra-reliable and ultra-low power device-to-device wireless connectivity for the most business-critical applications. The company's scalable solutions are based on patented wireless technology for lighting control, building automation and industrial communication.

LumenRadio AB (OSTO:LUMEN) Headlines

No Headlines