Fairwood Holdings (Fairwood Holdings) Days Payable : 49.79 (As of Sep. 2023)

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What is Fairwood Holdings Days Payable?

Fairwood Holdings's average Accounts Payable for the six months ended in Sep. 2023 was $49.2 Mil. Fairwood Holdings's Cost of Goods Sold for the six months ended in Sep. 2023 was $180.3 Mil. Hence, Fairwood Holdings's Days Payable for the six months ended in Sep. 2023 was 49.79.

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

FRWDF' s Days Payable Range Over the Past 10 Years
Min: 44.4 Med: 51.22 Max: 58.91
Current: 50.02

During the past 13 years, Fairwood Holdings's highest Days Payable was 58.91. The lowest was 44.40. And the median was 51.22.

FRWDF's Days Payable is ranked better than
65.88% of 340 companies
in the Restaurants industry
Industry Median: 38.325 vs FRWDF: 50.02

Fairwood Holdings's Days Payable increased from Sep. 2022 (47.74) to Sep. 2023 (49.79). It may suggest that Fairwood Holdings delayed paying its suppliers.

Fairwood Holdings Days Payable Historical Data

The historical data trend for Fairwood 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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Fairwood Holdings Days Payable Chart

Fairwood Holdings Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Payable

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53.27

48.93

56.16

44.57

46.04

Fairwood Holdings Semi-Annual Data
	Mar14	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Days Payable	Get a 7-Day Free Trial															47.10	47.58	47.74	49.54	49.79

Competitive Comparison of Fairwood Holdings's Days Payable

For the Restaurants subindustry, Fairwood 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.

Fairwood Holdings's Days Payable Distribution in the Restaurants Industry

For the Restaurants industry and Consumer Cyclical sector, Fairwood Holdings's Days Payable distribution charts can be found below:

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

Fairwood 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.

Fairwood Holdings'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
=	( (40.95	+	47.991)	/	2 )	/	352.593	*	365
=	44.4705					/	352.593	*	365
=	46.04

Fairwood Holdings'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
=	( (47.991	+	50.394)	/	2 )	/	180.302	*	365 / 2
=	49.1925					/	180.302	*	365 / 2
=	49.79

Fairwood Holdings Days Payable Related Terms

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Fairwood Holdings (Fairwood Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Restaurants » Fairwood Holdings Ltd (OTCPK:FRWDF) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

00052:Hong Kong

Address

18 Tanner Road, 2nd Floor, TRP Commercial Centre, North Point, Hong Kong, HKG

Website

https://www.fairwoodholdings.com.hk

Fairwood Holdings Ltd. is an investment holding company. It is engaged in the operation of fast-food restaurants and property investments. The group manages its operations by two divisions, based on the geographic location, namely Hong Kong restaurants, and Mainland China restaurants. It derives a majority of its revenue from operating restaurants in Hong Kong. Its eateries portfolio comprises crispy fried snacks, chicken wings, chicken curry with white rice, spaghetti, salads, and desserts, among other items.

Fairwood Holdings (Fairwood Holdings) Headlines

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