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CLS Holdings (LSE:CLI) Days Payable : 176.96 (As of Dec. 2023)


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What is CLS Holdings Days Payable?

CLS Holdings's average Accounts Payable for the six months ended in Dec. 2023 was £33.6 Mil. CLS Holdings's Cost of Goods Sold for the six months ended in Dec. 2023 was £34.6 Mil. Hence, CLS Holdings's Days Payable for the six months ended in Dec. 2023 was 176.96.

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

LSE:CLI' s Days Payable Range Over the Past 10 Years
Min: 25.9   Med: 52.14   Max: 170.05
Current: 170.05

During the past 13 years, CLS Holdings's highest Days Payable was 170.05. The lowest was 25.90. And the median was 52.14.

LSE:CLI's Days Payable is ranked better than
61.57% of 523 companies
in the REITs industry
Industry Median: 128.46 vs LSE:CLI: 170.05

CLS Holdings's Days Payable increased from Dec. 2022 (160.95) to Dec. 2023 (176.96). It may suggest that CLS Holdings delayed paying its suppliers.


CLS Holdings Days Payable Historical Data

The historical data trend for CLS Holdings'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.

CLS Holdings Days Payable Chart

CLS Holdings Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 56.66 25.90 26.97 28.84 30.95

CLS Holdings 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 346.08 329.09 160.95 369.37 176.96

Competitive Comparison of CLS Holdings's Days Payable

For the REIT - Office subindustry, CLS Holdings'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.


CLS Holdings's Days Payable Distribution in the REITs Industry

For the REITs industry and Real Estate sector, CLS Holdings's Days Payable distribution charts can be found below:

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



CLS Holdings 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.

CLS Holdings'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
=( (4.6 + 4.1) / 2 ) / 51.3*365
=4.35 / 51.3*365
=30.95

CLS Holdings'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
=( (63 + 4.1) / 2 ) / 34.6*365 / 2
=33.55 / 34.6*365 / 2
=176.96

* 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.


CLS Holdings Days Payable Related Terms

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CLS Holdings (LSE:CLI) Business Description

Traded in Other Exchanges
Address
16 Tinworth Street, London, GBR, SE11 5AL
CLS Holdings PLC is a commercial property investment firm focused on office space. The company has two operating segments: Investment property and Other investments. The Investment property segment includes properties in the United Kingdom, Germany, and France, with over half of its assets in the United Kingdom. The Other investments comprise the hotel at Spring Mews and other small corporate investments. The company invests in noncentral locations that have efficient access to transportation and are located in large cities. CLS Holdings generates most of its revenue from rental income.

CLS Holdings (LSE:CLI) Headlines

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