Foresight Autonomous Holdings (Foresight Autonomous Holdings) Days Payable : 452.74 (As of Dec. 2023)

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What is Foresight Autonomous Holdings Days Payable?

Foresight Autonomous Holdings's average Accounts Payable for the three months ended in Dec. 2023 was $0.19 Mil. Foresight Autonomous Holdings's Cost of Goods Sold for the three months ended in Dec. 2023 was $0.04 Mil. Hence, Foresight Autonomous Holdings's Days Payable for the three months ended in Dec. 2023 was 452.74.

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

FRSX' s Days Payable Range Over the Past 10 Years
Min: 411.45 Med: 575.58 Max: 1759.77
Current: 616.38

During the past 10 years, Foresight Autonomous Holdings's highest Days Payable was 1759.77. The lowest was 411.45. And the median was 575.58.

FRSX's Days Payable is ranked better than
98.26% of 1263 companies
in the Vehicles & Parts industry
Industry Median: 65.67 vs FRSX: 616.38

Foresight Autonomous Holdings's Days Payable declined from Dec. 2022 (563.05) to Dec. 2023 (452.74). It may suggest that Foresight Autonomous Holdings accelerated paying its suppliers.

Foresight Autonomous Holdings Days Payable Historical Data

The historical data trend for Foresight Autonomous 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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Foresight Autonomous Holdings Days Payable Chart

Foresight Autonomous Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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1,754.18

411.35

575.58

Foresight Autonomous Holdings 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															563.05	1,251.43	-	271.00	452.74

Competitive Comparison of Foresight Autonomous Holdings's Days Payable

For the Auto Parts subindustry, Foresight Autonomous 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.

Foresight Autonomous Holdings's Days Payable Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Foresight Autonomous Holdings's Days Payable distribution charts can be found below:

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

Foresight Autonomous 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.

Foresight Autonomous Holdings'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
=	( (0.315	+	0.136)	/	2 )	/	0.143	*	365
=	0.2255					/	0.143	*	365
=	575.58

Foresight Autonomous Holdings'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
=	( (0.251	+	0.136)	/	2 )	/	0.039	*	365 / 4
=	0.1935					/	0.039	*	365 / 4
=	452.74

Foresight Autonomous Holdings Days Payable Related Terms

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Foresight Autonomous Holdings (Foresight Autonomous Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Foresight Autonomous Holdings Ltd (NAS:FRSX) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

FRSX:Israel

Address

7 Golda Meir Street, Weizmann Science Park, Ness Ziona, ISR, 7403650

Website

https://www.foresightauto.com

Foresight Autonomous Holdings Ltd is a technology company engaged in the design, development and commercialization of vision systems for the automotive industry. The company develops both in-line-of-sight vision systems and beyond-line-of-sight cellular-based applications through its wholly-owned subsidiaries. Its systems are designed to improve driving safety by enabling highly accurate and reliable threat detection while ensuring the lowest rates of false alerts. Foresight is pursuing several markets and believes its advanced systems will revolutionize automotive safety by providing an automotive-grade, cost-effective platform.