LAIQON AG (XTER:LQAG) Days Payable : 63.85 (As of Dec. 2023)

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What is LAIQON AG Days Payable?

LAIQON AG's average Accounts Payable for the six months ended in Dec. 2023 was €3.99 Mil. LAIQON AG's Cost of Goods Sold for the six months ended in Dec. 2023 was €11.40 Mil. Hence, LAIQON AG's Days Payable for the six months ended in Dec. 2023 was 63.85.

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

XTER:LQAG' s Days Payable Range Over the Past 10 Years
Min: 51.78 Med: 86.84 Max: 135.08
Current: 62.59

During the past 13 years, LAIQON AG's highest Days Payable was 135.08. The lowest was 51.78. And the median was 86.84.

XTER:LQAG's Days Payable is ranked worse than
54.45% of 472 companies
in the Asset Management industry
Industry Median: 70.635 vs XTER:LQAG: 62.59

LAIQON AG's Days Payable declined from Dec. 2022 (67.36) to Dec. 2023 (63.85). It may suggest that LAIQON AG accelerated paying its suppliers.

LAIQON AG Days Payable Historical Data

The historical data trend for LAIQON AG'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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LAIQON AG Days Payable Chart

LAIQON AG Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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135.08

121.48

107.30

77.60

56.85

LAIQON AG 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															304.03	72.05	67.36	66.93	63.85

Competitive Comparison of LAIQON AG's Days Payable

For the Asset Management subindustry, LAIQON AG'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.

LAIQON AG's Days Payable Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, LAIQON AG's Days Payable distribution charts can be found below:

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

LAIQON AG 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.

LAIQON AG'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
=	( (4.323	+	3.125)	/	2 )	/	23.91	*	365
=	3.724					/	23.91	*	365
=	56.85

LAIQON AG'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
=	( (4.852	+	3.125)	/	2 )	/	11.401	*	365 / 2
=	3.9885					/	11.401	*	365 / 2
=	63.85

LAIQON AG Days Payable Related Terms

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LAIQON AG (XTER:LQAG) Business Description

Industry

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Comparable Companies

Traded in Other Exchanges

LQAG:Germany LQAG:Germany LQAG:Germany

Address

An der Alster 42, Hamburg, DEU, 20099

Website

https://www.laiqon.com

LAIQON AG along with its subsidiaries develops, markets, and manages investments in real assets for institutional and retail investors. The business of the company operates in three business segments namely Lloyd Fonds positioned as a special provider of non-benchmarked equity, fixed-income and mixed funds with a clear focus on active alpha strategies. The LLOYD WEALTH business segment is committed to proactive holistic 360° implementation of the individual goals of high net-worth individuals by means of personal asset management. The LLOYD DIGITAL business segment offers digital and risk-optimized investment solutions for retail and institutional investors.

Executives

Achim Plate

Board of Directors

LAIQON AG (XTER:LQAG) Headlines

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