LendInvest (LSE:LINV) Days Payable : 108.04 (As of Sep. 2023)

View and export this data going back to 2021. Start your Free Trial

What is LendInvest Days Payable?

LendInvest's average Accounts Payable for the six months ended in Sep. 2023 was £14.80 Mil. LendInvest's Cost of Goods Sold for the six months ended in Sep. 2023 was £25.00 Mil. Hence, LendInvest's Days Payable for the six months ended in Sep. 2023 was 108.04.

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

LSE:LINV' s Days Payable Range Over the Past 10 Years
Min: 160.34 Med: 262.74 Max: 345.93
Current: 160.34

During the past 5 years, LendInvest's highest Days Payable was 345.93. The lowest was 160.34. And the median was 262.74.

LSE:LINV's Days Payable is ranked better than
75.86% of 29 companies
in the Banks industry
Industry Median: 58.9 vs LSE:LINV: 160.34

LendInvest's Days Payable declined from Sep. 2022 (563.14) to Sep. 2023 (108.04). It may suggest that LendInvest accelerated paying its suppliers.

LendInvest Days Payable Historical Data

The historical data trend for LendInvest'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.

LendInvest Days Payable Chart

LendInvest Annual Data

Trend

Mar19

Mar20

Mar21

Mar22

Mar23

Days Payable

345.93

271.50

262.74

206.80

204.14

LendInvest Semi-Annual Data
	Mar19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Days Payable	Get a 7-Day Free Trial				219.05	280.81	563.14	183.53	108.04

Competitive Comparison of LendInvest's Days Payable

For the Mortgage Finance subindustry, LendInvest'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.

LendInvest's Days Payable Distribution in the Banks Industry

For the Banks industry and Financial Services sector, LendInvest's Days Payable distribution charts can be found below:

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

LendInvest 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.

LendInvest's Days Payable for the fiscal year that ended in Mar. 2023 is calculated as

	Days Payable (A: Mar. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Mar. 2022 )	+	Accounts Payable (A: Mar. 2023 ))	/	count )	/	Cost of Goods Sold (A: Mar. 2023 )	*	Days in Period
=	( (26.4	+	15.1)	/	2 )	/	37.1	*	365
=	20.75					/	37.1	*	365
=	204.14

LendInvest's Days Payable for the quarter that ended in Sep. 2023 is calculated as:

	Days Payable (Q: Sep. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Mar. 2023 )	+	Accounts Payable (Q: Sep. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Sep. 2023 )	*	Days in Period
=	( (15.1	+	14.5)	/	2 )	/	25	*	365 / 2
=	14.8					/	25	*	365 / 2
=	108.04

LendInvest Days Payable Related Terms

Thank you for viewing the detailed overview of LendInvest's Days Payable provided by GuruFocus.com. Please click on the following links to see related term pages.

LendInvest (LSE:LINV) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » LendInvest PLC (LSE:LINV) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

8 Mortimer Street, 2 Fitzroy Place, London, GBR, W1T 3JJ

Website

https://www.lendinvest.com

LendInvest PLC is a platform for property finance. It offers short-term, development, and buy-to-let mortgages to intermediaries, landlords, and developers across the UK.

LendInvest (LSE:LINV) Headlines

No Headlines