Lotus Technology (Lotus Technology) Days Payable : 0.00 (As of Dec. 2023)

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What is Lotus Technology Days Payable?

Lotus Technology's average Accounts Payable for the six months ended in Dec. 2023 was $258.4 Mil. Lotus Technology's Cost of Goods Sold for the six months ended in Dec. 2023 was $0.0 Mil.

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

LOT' s Days Payable Range Over the Past 10 Years
Min: 116.36 Med: 240.33 Max: 492.92
Current: 492.92

During the past 3 years, Lotus Technology's highest Days Payable was 492.92. The lowest was 116.36. And the median was 240.33.

LOT's Days Payable is ranked better than
97.94% of 1263 companies
in the Vehicles & Parts industry
Industry Median: 65.67 vs LOT: 492.92

Lotus Technology's Days Payable declined from Dec. 2022 (242.66) to Dec. 2023 (0.00). It may suggest that Lotus Technology accelerated paying its suppliers.

Lotus Technology Days Payable Historical Data

The historical data trend for Lotus Technology'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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Lotus Technology Days Payable Chart

Lotus Technology Annual Data

Trend

Dec21

Dec22

Dec23

Days Payable

364.30

116.36

Lotus Technology Semi-Annual Data
	Dec21	Jun22	Dec22	Jun23	Dec23
Days Payable	-	-	242.66	120.41	-

Competitive Comparison of Lotus Technology's Days Payable

For the Auto Manufacturers subindustry, Lotus Technology'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.

Lotus Technology's Days Payable Distribution in the Vehicles & Parts Industry

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

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

Lotus Technology 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.

Lotus Technology'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
=	( (7.236	+	360.542)	/	2 )	/	576.827	*	365
=	183.889					/	576.827	*	365
=	116.36

Lotus Technology'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
=	( (156.274	+	360.542)	/	2 )	/	0	*	365 / 2
=	258.408					/	0	*	365 / 2
=	N/A

Lotus Technology Days Payable Related Terms

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Lotus Technology (Lotus Technology) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Lotus Technology Inc (NAS:LOT) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

5EP:Germany

Address

No. 800 Century Avenue, Pudong District, Shanghai, CHN, 200120

Website

https://www.group-lotus.com

Lotus Technology Inc is a battery electric vehicle (BEV) maker that designs, develops, and sells BEV lifestyle vehicles under the Lotus brand. The Group is also a distributor that sells luxury sports cars under the Lotus brand.

Lotus Technology (Lotus Technology) Headlines

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