Foschini Group (Foschini Group) Days Payable : 71.32 (As of Sep. 2023)

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What is Foschini Group Days Payable?

Foschini Group's average Accounts Payable for the six months ended in Sep. 2023 was $287 Mil. Foschini Group's Cost of Goods Sold for the six months ended in Sep. 2023 was $734 Mil. Hence, Foschini Group's Days Payable for the six months ended in Sep. 2023 was 71.32.

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

FHNGY' s Days Payable Range Over the Past 10 Years
Min: 53.89 Med: 66.13 Max: 86.61
Current: 73.84

During the past 13 years, Foschini Group's highest Days Payable was 86.61. The lowest was 53.89. And the median was 66.13.

FHNGY's Days Payable is ranked better than
61.83% of 1082 companies
in the Retail - Cyclical industry
Industry Median: 56.675 vs FHNGY: 73.84

Foschini Group's Days Payable declined from Sep. 2022 (87.84) to Sep. 2023 (71.32). It may suggest that Foschini Group accelerated paying its suppliers.

Foschini Group Days Payable Historical Data

The historical data trend for Foschini 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.

Foschini Group Days Payable Chart

Foschini Group Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Payable

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76.21

57.79

62.49

62.32

61.19

Foschini Group 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															97.93	78.71	87.84	69.14	71.32

Competitive Comparison of Foschini Group's Days Payable

For the Specialty Retail subindustry, Foschini 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.

Foschini Group's Days Payable Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Foschini Group's Days Payable distribution charts can be found below:

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

Foschini 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.

Foschini Group'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
=	( (260.652	+	234.371)	/	2 )	/	1476.47	*	365
=	247.5115					/	1476.47	*	365
=	61.19

Foschini Group'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
=	( (234.371	+	339.529)	/	2 )	/	734.283	*	365 / 2
=	286.95					/	734.283	*	365 / 2
=	71.32

Foschini Group Days Payable Related Terms

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Foschini Group (Foschini Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Foschini Group Ltd (OTCPK:FHNGY) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

TFG:South Africa

Address

340 Voortrekker Road, Stanley Lewis Centre, Parow East, Cape Town, WC, ZAF, 7500

Website

https://www.tfglimited.co.za

Foschini Group Ltd is a South African fashion retailer. The company offers ladieswear, footwear, accessories, cosmetics and fragrances, kidswear, homewares, sportswear, cellular and jewelry mainly in South Africa, as well as financial services. The Foschini Group portfolio consists of multiple brands, including @home, @homelivingpace, American Swiss, Sterns, Charles and Keith, Colette, DonnaClaire, Phase Eight, Soda Bloc, Duesouth, Exact, Fabiani, The Fix, Foschini, G-star Raw, hi, Markham, Mat and May, and Whistles. The Group consists of four operating segments: TFG Africa retail division, TFG London, TFG Australia, and Credit.