Label Vie (CAS:LBV) Days Payable : 131.83 (As of Dec. 2023)

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What is Label Vie Days Payable?

Label Vie's average Accounts Payable for the six months ended in Dec. 2023 was MAD4,866 Mil. Label Vie's Cost of Goods Sold for the six months ended in Dec. 2023 was MAD6,736 Mil. Hence, Label Vie's Days Payable for the six months ended in Dec. 2023 was 131.83.

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

CAS:LBV' s Days Payable Range Over the Past 10 Years
Min: 127.26 Med: 141.5 Max: 161.2
Current: 132.74

During the past 13 years, Label Vie's highest Days Payable was 161.20. The lowest was 127.26. And the median was 141.50.

CAS:LBV's Days Payable is ranked better than
84.2% of 1082 companies
in the Retail - Cyclical industry
Industry Median: 55.735 vs CAS:LBV: 132.74

Label Vie's Days Payable increased from Dec. 2022 (119.63) to Dec. 2023 (131.83). It may suggest that Label Vie delayed paying its suppliers.

Label Vie Days Payable Historical Data

The historical data trend for Label Vie'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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Label Vie Days Payable Chart

Label Vie Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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137.59

137.34

135.17

129.92

127.26

Label Vie Semi-Annual Data
	Dec13	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Payable	Get a 7-Day Free Trial															132.82	137.47	119.63	139.44	131.83

Competitive Comparison of Label Vie's Days Payable

For the Department Stores subindustry, Label Vie'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.

Label Vie's Days Payable Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Label Vie's Days Payable distribution charts can be found below:

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

Label Vie 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.

Label Vie'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
=	( (4382.04	+	4639.076)	/	2 )	/	12936.911	*	365
=	4510.558					/	12936.911	*	365
=	127.26

Label Vie'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: Jun. 2023 )	+	Accounts Payable (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (5093.174	+	4639.076)	/	2 )	/	6736.329	*	365 / 2
=	4866.125					/	6736.329	*	365 / 2
=	131.83

Label Vie Days Payable Related Terms

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Label Vie (CAS:LBV) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Label Vie SA (CAS:LBV) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Route Nationale 1, Km 3,5 Municipality of Sebbah, Skhirat, Rabat, MAR

Website

https://www.labelvie.ma

Label Vie SA is engaged in the operations of chain stores. It develops supermarkets and hypermarkets under the Label'Vie brand. It carries its operations in Morocco. The company operates in different segments namely Supermarkets, Hypermarkets, Hypercash, and ServiceLV segment.

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