LSI Industries (LSI Industries) Days Payable : 33.39 (As of Dec. 2023)

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What is LSI Industries Days Payable?

LSI Industries's average Accounts Payable for the three months ended in Dec. 2023 was $28.3 Mil. LSI Industries's Cost of Goods Sold for the three months ended in Dec. 2023 was $77.5 Mil. Hence, LSI Industries's Days Payable for the three months ended in Dec. 2023 was 33.39.

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

LYTS' s Days Payable Range Over the Past 10 Years
Min: 20.33 Med: 26.02 Max: 36.4
Current: 29.85

During the past 13 years, LSI Industries's highest Days Payable was 36.40. The lowest was 20.33. And the median was 26.02.

LYTS's Days Payable is ranked worse than
87.8% of 2419 companies
in the Hardware industry
Industry Median: 67.95 vs LYTS: 29.85

LSI Industries's Days Payable increased from Dec. 2022 (32.98) to Dec. 2023 (33.39). It may suggest that LSI Industries delayed paying its suppliers.

LSI Industries Days Payable Historical Data

The historical data trend for LSI Industries'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.

LSI Industries Days Payable Chart

LSI Industries Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Days Payable

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26.17

25.86

36.40

35.75

32.44

LSI Industries Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Payable	Get a 7-Day Free Trial															27.85	28.05	32.97	33.39	27.43

Competitive Comparison of LSI Industries's Days Payable

For the Electronic Components subindustry, LSI Industries'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.

LSI Industries's Days Payable Distribution in the Hardware Industry

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

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

LSI Industries 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.

LSI Industries's Days Payable for the fiscal year that ended in Jun. 2023 is calculated as

	Days Payable (A: Jun. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Jun. 2022 )	+	Accounts Payable (A: Jun. 2023 ))	/	count )	/	Cost of Goods Sold (A: Jun. 2023 )	*	Days in Period
=	( (34.783	+	29.206)	/	2 )	/	360.034	*	365
=	31.9945					/	360.034	*	365
=	32.44

LSI Industries'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
=	( (33.552	+	23.136)	/	2 )	/	77.469	*	365 / 4
=	28.344					/	77.469	*	365 / 4
=	33.39

LSI Industries Days Payable Related Terms

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LSI Industries (LSI Industries) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » LSI Industries Inc (NAS:LYTS) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

LS2:Germany LS2:Germany

Address

10000 Alliance Road, Cincinnati, OH, USA, 45242

Website

https://www.lsicorp.com

LSI Industries Inc provides corporate visual image solutions to the petroleum and convenience store industry. The company's operating segments include Lighting and Display Solutions. It generates maximum revenue from the Lighting segment. Lighting Segment manufactures and markets outdoor and indoor lighting and lighting controls for the commercial, industrial, and multi-site retail markets including the petroleum/convenience store, quick-service, and automotive markets. The Display Solutions Segment manufactures, sells and installs exterior and interior visual image and display elements, including printed graphics, structural graphics, digital signage, menu board systems, display fixtures, refrigerated displays, and custom display elements.

Executives

James E Galeese	officer: Executive VP; CFO	LSI INDUSTRIES INC., 10000 ALLIANCE RD, CINCINNATI OH 45242
James Anthony Clark	officer: CEO and President	10000 ALLIANCE ROAD, CINCINNATI OH 45242
Jeffery S. Bastian	officer: Chief Accounting Officer	C/O LSI INDUSTRIES, 10000 ALLIANCE RD., CINCINNATI OH 45242
Thomas A Caneris	officer: Sr. VP, HR and General Counsel	1901 CAMPUS PLACE, LOUISVILLE KY 40299
Michael A. Prachar	officer: Chief Marketing Officer	10000 ALLIANCE ROAD, CINCINNATI OH 45242
Ronald D Brown	director	2090 FLORENCE AVENUE, CINCINNATI OH 45206
Amy Hanson	director	C/O MACY'S, INC., 7 WEST SEVENTH STREET, CINCINNATI OH 45202
Chantel E Lenard	director	1665 SCENIC AVENUE, SUITE 250, COSTA MESA CA 92626
Robert P. Beech	director	9938 ZIG ZAG ROAD, CINCINNATI OH 45242
Marshall Ernest W Jr	director	1000 EATON BLVD, CLEVELAND OH 44122
Steve A. Brunker	officer: CIO	10000 ALLIANCE ROAD, CINCINNATI OH 45242
Sylvia M. Astrop	officer: SVP Global Sourcing	10000 ALLIANCE ROAD, CINCINNATI OH 45242
John K Morgan	director	1310 SEABOARD INDUSTRIAL BLVD, ATLANTA GA 30318
Michael C Beck	officer: Sr Vice President - Operations	10000 ALLIANCE ROAD, CINCINNATI OH 45242
Crawford C. Lipsey	officer: Interim President and COO	10000 ALLIANCE ROAD, CINCINNATI OH 45242