LS 2 Holdings (SGX:ENV) Days Payable : 39.58 (As of Dec. 2023)

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What is LS 2 Holdings Days Payable?

LS 2 Holdings's average Accounts Payable for the six months ended in Dec. 2023 was S$5.44 Mil. LS 2 Holdings's Cost of Goods Sold for the six months ended in Dec. 2023 was S$25.09 Mil. Hence, LS 2 Holdings's Days Payable for the six months ended in Dec. 2023 was 39.58.

The historical rank and industry rank for LS 2 Holdings's Days Payable or its related term are showing as below:

SGX:ENV' s Days Payable Range Over the Past 10 Years
Min: 17.82 Med: 26.56 Max: 39.56
Current: 39.56

During the past 6 years, LS 2 Holdings's highest Days Payable was 39.56. The lowest was 17.82. And the median was 26.56.

SGX:ENV's Days Payable is ranked worse than
57.48% of 922 companies
in the Business Services industry
Industry Median: 47.74 vs SGX:ENV: 39.56

LS 2 Holdings's Days Payable declined from Dec. 2022 (51.51) to Dec. 2023 (39.58). It may suggest that LS 2 Holdings accelerated paying its suppliers.

LS 2 Holdings Days Payable Historical Data

The historical data trend for LS 2 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.

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LS 2 Holdings Days Payable Chart

LS 2 Holdings Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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24.68

28.43

22.50

29.88

28.99

LS 2 Holdings Semi-Annual Data
	Dec18	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Payable	Get a 7-Day Free Trial					57.25	41.99	51.51	50.37	39.58

Competitive Comparison of LS 2 Holdings's Days Payable

For the Specialty Business Services subindustry, LS 2 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.

LS 2 Holdings's Days Payable Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, LS 2 Holdings's Days Payable distribution charts can be found below:

* The bar in red indicates where LS 2 Holdings's Days Payable falls into.

LS 2 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.

LS 2 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
=	( (5.044	+	2.737)	/	2 )	/	48.981	*	365
=	3.8905					/	48.981	*	365
=	28.99

LS 2 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
=	( (8.145	+	2.737)	/	2 )	/	25.089	*	365 / 2
=	5.441					/	25.089	*	365 / 2
=	39.58

LS 2 Holdings Days Payable Related Terms

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LS 2 Holdings (SGX:ENV) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » LS 2 Holdings Ltd (SGX:ENV) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 04-11, 1 Bukit Batok Crescent, WCEGA Plaza, Singapore, SGP, 658064

Website

https://www.ls2.sg

LS 2 Holdings Ltd is a Singapore-based integrated environmental services provider, specializing in cleaning services. The principal business is cleaning services, including conservancy services, facilities cleaning services, housekeeping services, school cleaning services, road and beach cleaning services, pandemic disinfection services and facade cleaning.