Loungers (LSE:LGRS) Days Payable : 104.54 (As of Oct. 2023)

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What is Loungers Days Payable?

Loungers's average Accounts Payable for the six months ended in Oct. 2023 was £51.7 Mil. Loungers's Cost of Goods Sold for the six months ended in Oct. 2023 was £90.3 Mil. Hence, Loungers's Days Payable for the six months ended in Oct. 2023 was 104.54.

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

LSE:LGRS' s Days Payable Range Over the Past 10 Years
Min: 48.67 Med: 77 Max: 101.69
Current: 101.69

During the past 7 years, Loungers's highest Days Payable was 101.69. The lowest was 48.67. And the median was 77.00.

LSE:LGRS's Days Payable is ranked better than
88.56% of 341 companies
in the Restaurants industry
Industry Median: 38.42 vs LSE:LGRS: 101.69

Loungers's Days Payable increased from Oct. 2022 (97.46) to Oct. 2023 (104.54). It may suggest that Loungers delayed paying its suppliers.

Loungers Days Payable Historical Data

The historical data trend for Loungers'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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Loungers Days Payable Chart

Loungers Annual Data

Trend

Apr16

Apr17

Apr18

Apr19

Apr20

Apr21

Apr22

Days Payable

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100.32

90.59

62.23

100.59

48.67

Loungers Semi-Annual Data
	Apr16	Apr17	Apr18	Oct18	Apr19	Oct19	Apr20	Oct20	Apr21	Oct21	Apr22	Oct22	Apr23	Oct23
Days Payable	Get a 7-Day Free Trial									86.12	84.04	97.46	81.10	104.54

Competitive Comparison of Loungers's Days Payable

For the Restaurants subindustry, Loungers'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.

Loungers's Days Payable Distribution in the Restaurants Industry

For the Restaurants industry and Consumer Cyclical sector, Loungers's Days Payable distribution charts can be found below:

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

Loungers 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.

Loungers's Days Payable for the fiscal year that ended in Apr. 2022 is calculated as

	Days Payable (A: Apr. 2022 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Apr. 2021 )	+	Accounts Payable (A: Apr. 2022 ))	/	count )	/	Cost of Goods Sold (A: Apr. 2022 )	*	Days in Period
=	( (8.562	+	27.27)	/	2 )	/	134.369	*	365
=	17.916					/	134.369	*	365
=	48.67

Loungers's Days Payable for the quarter that ended in Oct. 2023 is calculated as:

	Days Payable (Q: Oct. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Apr. 2023 )	+	Accounts Payable (Q: Oct. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Oct. 2023 )	*	Days in Period
=	( (33.058	+	70.411)	/	2 )	/	90.314	*	365 / 2
=	51.7345					/	90.314	*	365 / 2
=	104.54

Loungers Days Payable Related Terms

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Loungers (LSE:LGRS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Restaurants » Loungers PLC (LSE:LGRS) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

LP0:Germany

Address

26 Baldwin Street, Bristol, GBR, BS1 1SE

Website

https://www.loungers.co.uk

Loungers PLC is an operator of cafe bars and restaurants. Geographically, it operates only in the United Kingdom. It generates revenue from the sale of food and drink.

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