Fraport AG (Fraport AG) Days Payable : 64.67 (As of Dec. 2023)

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What is Fraport AG Days Payable?

Fraport AG's average Accounts Payable for the three months ended in Dec. 2023 was $483 Mil. Fraport AG's Cost of Goods Sold for the three months ended in Dec. 2023 was $682 Mil. Hence, Fraport AG's Days Payable for the three months ended in Dec. 2023 was 64.67.

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

FPRUY' s Days Payable Range Over the Past 10 Years
Min: 26.18 Med: 35.01 Max: 57.69
Current: 56.92

During the past 13 years, Fraport AG's highest Days Payable was 57.69. The lowest was 26.18. And the median was 35.01.

FPRUY's Days Payable is ranked better than
66.85% of 932 companies
in the Transportation industry
Industry Median: 39.565 vs FPRUY: 56.92

Fraport AG's Days Payable declined from Dec. 2022 (71.91) to Dec. 2023 (64.67). It may suggest that Fraport AG accelerated paying its suppliers.

Fraport AG Days Payable Historical Data

The historical data trend for Fraport 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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Fraport AG Days Payable Chart

Fraport AG Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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37.73

48.16

59.89

58.77

53.01

Fraport AG 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															71.91	57.44	55.39	54.21	64.67

Competitive Comparison of Fraport AG's Days Payable

For the Airports & Air Services subindustry, Fraport 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.

Fraport AG's Days Payable Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Fraport AG's Days Payable distribution charts can be found below:

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

Fraport 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.

Fraport 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
=	( (470.763	+	469.793)	/	2 )	/	3237.84	*	365
=	470.278					/	3237.84	*	365
=	53.01

Fraport 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: Sep. 2023 )	+	Accounts Payable (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (496.585	+	469.793)	/	2 )	/	681.788	*	365 / 4
=	483.189					/	681.788	*	365 / 4
=	64.67

Fraport AG Days Payable Related Terms

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Fraport AG (Fraport AG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Fraport AG (OTCPK:FPRUY) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

FPRUF:USA 1FRA:Italy FRAd:UK 0O1R:UK FRA:Germany FRA:Austria

Address

Frankfurt Airport Services Worldwide, Frankfurt am Main, HE, DEU, 60547

Website

https://www.fraport.com

Fraport AG is a German airport operator. The company derives the majority of income domestically, principally through the operation of the Frankfurt airport. Fraport is organized into four segments: aviation, retail and real estate, ground handling, and International activities and services. Aviation, the largest contributor to revenue, includes terminal management, corporate safety, and airport security management. The retail and real estate segment involves retailing, parking lot operations, and renting areas at its airport sites. The ground handling segment provides ground infrastructure services to Fraport's airports. The International activities and services segment includes IT and telecommunication services, and facility and infrastructure management.