Future Enterprises (NSE:FEL) Days Payable : 135.11 (As of Mar. 2022)

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What is Future Enterprises Days Payable?

Future Enterprises's average Accounts Payable for the three months ended in Mar. 2022 was ₹10,033 Mil. Future Enterprises's Cost of Goods Sold for the three months ended in Mar. 2022 was ₹6,776 Mil. Hence, Future Enterprises's Days Payable for the three months ended in Mar. 2022 was 135.11.

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

NSE:FEL's Days Payable is not ranked ^*
in the Retail - Cyclical industry.
Industry Median: 56.71
* Ranked among companies with meaningful Days Payable only.

Future Enterprises's Days Payable declined from Mar. 2021 (265.87) to Mar. 2022 (135.11). It may suggest that Future Enterprises accelerated paying its suppliers.

Future Enterprises Days Payable Historical Data

The historical data trend for Future Enterprises'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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Future Enterprises Days Payable Chart

Future Enterprises Annual Data

Trend

Jun11

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Days Payable

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71.47

77.67

116.09

444.94

191.05

Future Enterprises Quarterly Data
	Mar15	Mar16	Mar17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22
Days Payable	Get a 7-Day Free Trial															265.87	316.79	162.45	209.18	135.11

Competitive Comparison of Future Enterprises's Days Payable

For the Department Stores subindustry, Future Enterprises'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.

Future Enterprises's Days Payable Distribution in the Retail - Cyclical Industry

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

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

Future Enterprises 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.

Future Enterprises's Days Payable for the fiscal year that ended in Mar. 2022 is calculated as

	Days Payable (A: Mar. 2022 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Mar. 2021 )	+	Accounts Payable (A: Mar. 2022 ))	/	count )	/	Cost of Goods Sold (A: Mar. 2022 )	*	Days in Period
=	( (11188.1	+	10032.6)	/	2 )	/	20270.7	*	365
=	10610.35					/	20270.7	*	365
=	191.05

Future Enterprises's Days Payable for the quarter that ended in Mar. 2022 is calculated as:

	Days Payable (Q: Mar. 2022 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Dec. 2021 )	+	Accounts Payable (Q: Mar. 2022 ))	/	count )	/	Cost of Goods Sold (Q: Mar. 2022 )	*	Days in Period
=	( (0	+	10032.6)	/	1 )	/	6775.8	*	365 / 4
=	10032.6					/	6775.8	*	365 / 4
=	135.11

Future Enterprises Days Payable Related Terms

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Future Enterprises (NSE:FEL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Future Enterprises Ltd (NSE:FEL) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Embassy 247, LBS Marg, 9th Floor, Tower C, Vikhroli (West), Mumbai, MH, IND, 400083

Website

https://www.felindia.in

Future Enterprises Ltd is a company that develops, owns, and leases the retail infrastructure. It also invests in insurance, textile manufacturing, supply chain, and logistics. The company's operating segment includes Manufacturing & Trading and Leasing & Other. It generates maximum revenue from the Manufacturing and Trading segment.

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