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Ferro (WAR:FRO) Days Payable : 95.21 (As of Dec. 2023)


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What is Ferro Days Payable?

Ferro's average Accounts Payable for the three months ended in Dec. 2023 was zł126.9 Mil. Ferro's Cost of Goods Sold for the three months ended in Dec. 2023 was zł121.6 Mil. Hence, Ferro's Days Payable for the three months ended in Dec. 2023 was 95.21.

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

WAR:FRO' s Days Payable Range Over the Past 10 Years
Min: 41.45   Med: 49.52   Max: 82.82
Current: 82.82

During the past 13 years, Ferro's highest Days Payable was 82.82. The lowest was 41.45. And the median was 49.52.

WAR:FRO's Days Payable is ranked better than
55.08% of 1603 companies
in the Construction industry
Industry Median: 73.79 vs WAR:FRO: 82.82

Ferro's Days Payable increased from Dec. 2022 (81.05) to Dec. 2023 (95.21). It may suggest that Ferro delayed paying its suppliers.


Ferro Days Payable Historical Data

The historical data trend for Ferro'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.

Ferro Days Payable Chart

Ferro Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 41.45 48.82 50.22 48.02 52.16

Ferro 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 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 81.05 57.47 102.59 109.53 95.21

Competitive Comparison of Ferro's Days Payable

For the Building Products & Equipment subindustry, Ferro'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.


Ferro's Days Payable Distribution in the Construction Industry

For the Construction industry and Industrials sector, Ferro's Days Payable distribution charts can be found below:

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



Ferro 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.

Ferro'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
=( (59.044 + 83.895) / 2 ) / 500.099*365
=71.4695 / 500.099*365
=52.16

Ferro'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
=( (169.928 + 83.895) / 2 ) / 121.628*365 / 4
=126.9115 / 121.628*365 / 4
=95.21

* 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.


Ferro Days Payable Related Terms

Thank you for viewing the detailed overview of Ferro's Days Payable provided by GuruFocus.com. Please click on the following links to see related term pages.


Ferro (WAR:FRO) Business Description

Traded in Other Exchanges
Address
ul. Przemyslowa 7, Skawina, POL, 32-050
Ferro SA is a Poland based company involved in manufacturing and selling sanitary installation and heating fittings, and sanitation equipment in Central and Eastern Europe. It offers mixers, showers, sinks, bathroom accessories, shower trays and bathtubs, water valves, measurement fittings and bathroom heaters among other products.

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