Li Auto (Li Auto) Days Payable

: 106.44 (As of Dec. 2023)

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Li Auto's average Accounts Payable for the three months ended in Dec. 2023 was $5,219 Mil. Li Auto's Cost of Goods Sold for the three months ended in Dec. 2023 was $4,474 Mil. Hence, Li Auto's Days Payable for the three months ended in Dec. 2023 was 106.44.

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

LI' s Days Payable Range Over the Past 10 Years
Min: 82.49 Med: 95.88 Max: 415.39
Current: 100.5

During the past 6 years, Li Auto's highest Days Payable was 415.39. The lowest was 82.49. And the median was 95.88.

LI's Days Payable is ranked better than
71.65% of 1263 companies
in the Vehicles & Parts industry
Industry Median: 65.96 vs LI: 100.50

Li Auto's Days Payable increased from Dec. 2022 (80.22) to Dec. 2023 (106.44). It may suggest that Li Auto delayed paying its suppliers.

Li Auto Days Payable Historical Data

The historical data trend for Li Auto'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.

Li Auto Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

415.39

82.49

85.92

115.86

95.88

Li Auto Quarterly Data
	Dec18	Mar19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Payable															80.22	98.17	86.12	110.93	106.44

Competitive Comparison

For the Auto Manufacturers subindustry, Li Auto'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.

Li Auto Days Payable Distribution

For the Vehicles & Parts industry and Consumer Cyclical sector, Li Auto's Days Payable distribution charts can be found below:

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

Li Auto 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.

Li Auto'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
=	( (2210.386	+	4879.352)	/	2 )	/	13494.661	*	365
=	3544.869					/	13494.661	*	365
=	95.88

Li Auto'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
=	( (5557.905	+	4879.352)	/	2 )	/	4473.994	*	365 / 4
=	5218.6285					/	4473.994	*	365 / 4
=	106.44

Li Auto Days Payable Related Terms

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Li Auto (Li Auto) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Li Auto Inc (NAS:LI) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

LIA:Mexico 02015:Hong Kong L87:Germany L87A:Germany L87A:Germany

Address

11 Wenliang Street, Shunyi District, Beijing, CHN, 101399

Website

https://www.lixiang.com

Li Auto is a leading Chinese NEV manufacturer that designs, develops, manufactures, and sells premium smart NEVs. The company started volume production of its first model Li One in November 2019. The model is a six-seater, large, premium plug-in electric SUV equipped with a range extension system and advanced smart vehicle solutions. It sold over 133,000 NEVs in 2022, accounting for about 2% of China's passenger new energy vehicle market. Beyond Li One, the company will expand its product line, including both BEVs and PHEVs, to target a broader consumer base.