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Lacroix Group (XPAR:LACR) Days Payable : 90.03 (As of Dec. 2023)


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What is Lacroix Group Days Payable?

Lacroix Group's average Accounts Payable for the six months ended in Dec. 2023 was €128.3 Mil. Lacroix Group's Cost of Goods Sold for the six months ended in Dec. 2023 was €260.1 Mil. Hence, Lacroix Group's Days Payable for the six months ended in Dec. 2023 was 90.03.

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

XPAR:LACR' s Days Payable Range Over the Past 10 Years
Min: 67.11   Med: 76.85   Max: 98.98
Current: 84.88

During the past 13 years, Lacroix Group's highest Days Payable was 98.98. The lowest was 67.11. And the median was 76.85.

XPAR:LACR's Days Payable is ranked better than
62.44% of 2420 companies
in the Hardware industry
Industry Median: 67.93 vs XPAR:LACR: 84.88

Lacroix Group's Days Payable increased from Dec. 2022 (87.70) to Dec. 2023 (90.03). It may suggest that Lacroix Group delayed paying its suppliers.


Lacroix Group Days Payable Historical Data

The historical data trend for Lacroix 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.

* Premium members only.

Lacroix Group Days Payable Chart

Lacroix Group Annual Data
Trend Sep13 Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Dec21 Dec22
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 86.11 83.59 72.00 98.98 82.09

Lacroix Group Semi-Annual Data
Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 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 105.76 92.58 87.70 81.89 90.03

Competitive Comparison of Lacroix Group's Days Payable

For the Scientific & Technical Instruments subindustry, Lacroix 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.


Lacroix Group's Days Payable Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Lacroix Group's Days Payable distribution charts can be found below:

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



Lacroix 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.

Lacroix Group's Days Payable for the fiscal year that ended in Dec. 2022 is calculated as

Days Payable (A: Dec. 2022 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Dec. 2021 ) + Accounts Payable (A: Dec. 2022 )) / count ) / Cost of Goods Sold (A: Dec. 2022 )*Days in Period
=( (106.699 + 116.243) / 2 ) / 495.656*365
=111.471 / 495.656*365
=82.09

Lacroix 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: Jun. 2023 ) + Accounts Payable (Q: Dec. 2023 )) / count ) / Cost of Goods Sold (Q: Dec. 2023 )*Days in Period
=( (129.947 + 126.644) / 2 ) / 260.054*365 / 2
=128.2955 / 260.054*365 / 2
=90.03

* 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.


Lacroix Group Days Payable Related Terms

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Lacroix Group (XPAR:LACR) Business Description

Traded in Other Exchanges
Address
8, impasse du Bourrelier, B.P. 30 004, Saint Herblain cedex, FRA, 44801
Lacroix Group is engaged in the design and production of consumer electronic equipment, in particular in the automotive, home automation, aeronautical, industrial and health sectors.

Lacroix Group (XPAR:LACR) Headlines

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