Louis (CYS:LUI) Days Payable : 111.45 (As of Dec. 2023)

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What is Louis Days Payable?

Louis's average Accounts Payable for the six months ended in Dec. 2023 was €13.5 Mil. Louis's Cost of Goods Sold for the six months ended in Dec. 2023 was €22.1 Mil. Hence, Louis's Days Payable for the six months ended in Dec. 2023 was 111.45.

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

CYS:LUI' s Days Payable Range Over the Past 10 Years
Min: 36.73 Med: 60.81 Max: 230.98
Current: 99.53

During the past 13 years, Louis's highest Days Payable was 230.98. The lowest was 36.73. And the median was 60.81.

CYS:LUI's Days Payable is ranked better than
64.37% of 755 companies
in the Travel & Leisure industry
Industry Median: 57.87 vs CYS:LUI: 99.53

Louis's Days Payable declined from Dec. 2022 (125.80) to Dec. 2023 (111.45). It may suggest that Louis accelerated paying its suppliers.

Louis Days Payable Historical Data

The historical data trend for Louis'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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Louis Days Payable Chart

Louis Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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74.08

230.98

126.80

47.03

36.73

Louis Semi-Annual Data
	Jun14	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															247.23	168.31	125.80	156.83	111.45

Competitive Comparison of Louis's Days Payable

For the Lodging subindustry, Louis'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.

Louis's Days Payable Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Louis's Days Payable distribution charts can be found below:

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

Louis 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.

Louis'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
=	( (4.692	+	3.108)	/	2 )	/	38.751	*	365
=	3.9					/	38.751	*	365
=	36.73

Louis'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
=	( (23.902	+	3.108)	/	2 )	/	22.114	*	365 / 2
=	13.505					/	22.114	*	365 / 2
=	111.45

Louis Days Payable Related Terms

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Louis (CYS:LUI) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Louis (CYS:LUI) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

11 Lemesou Avenue, Nicosia, CYP, 2112

Website

https://www.louisgroup.com

Louis Plc is a Cyprus-based company engaged in the tourism industry in the Southeastern Mediterranean. It mainly focuses on the hotel sector in both Cyprus and Greece. It covers a range of services for inbound/outbound tourism, ownership, and management of hotel and catering units and sea tourism, as well as ground handling services at the International Airports of Larnaca and Paphos. The company's objective is to further develop and update the quality of the services that it offers to its clients.

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