LT Group (PHS:LTG) Days Payable : 136.54 (As of Dec. 2023)

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What is LT Group Days Payable?

LT Group's average Accounts Payable for the three months ended in Dec. 2023 was ₱23,272 Mil. LT Group's Cost of Goods Sold for the three months ended in Dec. 2023 was ₱15,553 Mil. Hence, LT Group's Days Payable for the three months ended in Dec. 2023 was 136.54.

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

PHS:LTG' s Days Payable Range Over the Past 10 Years
Min: 134.14 Med: 429.3 Max: 630.64
Current: 134.14

During the past 13 years, LT Group's highest Days Payable was 630.64. The lowest was 134.14. And the median was 429.30.

PHS:LTG's Days Payable is ranked better than
82.05% of 468 companies
in the Conglomerates industry
Industry Median: 57.64 vs PHS:LTG: 134.14

LT Group's Days Payable increased from Dec. 2022 (74.33) to Dec. 2023 (136.54). It may suggest that LT Group delayed paying its suppliers.

LT Group Days Payable Historical Data

The historical data trend for LT Group'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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LT Group Days Payable Chart

LT Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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541.86

630.64

577.30

251.37

138.12

LT Group Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Payable	Get a 7-Day Free Trial															74.33	123.58	138.26	133.03	136.54

Competitive Comparison of LT Group's Days Payable

For the Conglomerates subindustry, LT Group'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.

LT Group's Days Payable Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, LT Group's Days Payable distribution charts can be found below:

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

LT Group 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.

LT Group'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
=	( (16838.032	+	25194.616)	/	2 )	/	55537.664	*	365
=	21016.324					/	55537.664	*	365
=	138.12

LT Group'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: Sep. 2023 )	+	Accounts Payable (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (21348.695	+	25194.616)	/	2 )	/	15553.068	*	365 / 4
=	23271.6555					/	15553.068	*	365 / 4
=	136.54

LT Group Days Payable Related Terms

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LT Group (PHS:LTG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » LT Group Inc (PHS:LTG) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

30th Street Corner Rizal Drive, 11th Floor, Unit 3 Bench Tower, Crescent Park West 5, Bonifacio Global City, Taguig, PHL, 1634

Website

https://www.ltg.com.ph

LT Group Inc has banking, property development, distilled spirits, beverage, and tobacco businesses. The company operates in the Philippines. LT's Banking business provides a full range of banking and other financial services to government, corporate, and retail customers, and it accounts for roughly half of the company's total income. The remaining income is split between the following businesses: Distilled Spirits, which manufactures and sells rum and spirits; Beverages, which produces and sells beer, soft drinks, and bottled water; Tobacco, which manufactures and sells cigarettes and other tobacco products; and Property Development, which develops, leases, manages, and sells residential real estate, but also commercial, industrial, and urban properties.

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