TFF Group (XPAR:TFF) Days Payable : 84.36 (As of Apr. 2023)

View and export this data going back to 1956. Start your Free Trial

What is TFF Group Days Payable?

TFF Group's average Accounts Payable for the six months ended in Apr. 2023 was €44.5 Mil. TFF Group's Cost of Goods Sold for the six months ended in Apr. 2023 was €96.3 Mil. Hence, TFF Group's Days Payable for the six months ended in Apr. 2023 was 84.36.

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

XPAR:TFF' s Days Payable Range Over the Past 10 Years
Min: 54.58 Med: 68.85 Max: 80.08
Current: 66.78

During the past 13 years, TFF Group's highest Days Payable was 80.08. The lowest was 54.58. And the median was 68.85.

XPAR:TFF's Days Payable is ranked better than
55.68% of 370 companies
in the Packaging & Containers industry
Industry Median: 58.225 vs XPAR:TFF: 66.78

TFF Group's Days Payable increased from Apr. 2022 (54.79) to Apr. 2023 (84.36). It may suggest that TFF Group delayed paying its suppliers.

TFF Group Days Payable Historical Data

The historical data trend for TFF 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.

TFF Group Days Payable Chart

TFF Group Annual Data

Trend

Apr14

Apr15

Apr16

Apr17

Apr18

Apr19

Apr20

Apr21

Apr22

Apr23

Days Payable

Get a 7-Day Free Trial

67.87

64.01

59.07

54.58

62.93

TFF Group Semi-Annual Data
	Oct13	Apr14	Oct14	Apr15	Oct15	Apr16	Oct16	Apr17	Oct17	Apr18	Oct18	Apr19	Oct19	Apr20	Oct20	Apr21	Oct21	Apr22	Oct22	Apr23
Days Payable	Get a 7-Day Free Trial															62.96	53.61	54.79	55.37	84.36

Competitive Comparison of TFF Group's Days Payable

For the Packaging & Containers subindustry, TFF 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.

TFF Group's Days Payable Distribution in the Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, TFF Group's Days Payable distribution charts can be found below:

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

TFF 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.

TFF Group's Days Payable for the fiscal year that ended in Apr. 2023 is calculated as

	Days Payable (A: Apr. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Apr. 2022 )	+	Accounts Payable (A: Apr. 2023 ))	/	count )	/	Cost of Goods Sold (A: Apr. 2023 )	*	Days in Period
=	( (25.938	+	46.319)	/	2 )	/	209.551	*	365
=	36.1285					/	209.551	*	365
=	62.93

TFF Group's Days Payable for the quarter that ended in Apr. 2023 is calculated as:

	Days Payable (Q: Apr. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Oct. 2022 )	+	Accounts Payable (Q: Apr. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Apr. 2023 )	*	Days in Period
=	( (42.754	+	46.319)	/	2 )	/	96.346	*	365 / 2
=	44.5365					/	96.346	*	365 / 2
=	84.36

TFF Group Days Payable Related Terms

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

TFF Group (XPAR:TFF) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Packaging & Containers » TFF Group (XPAR:TFF) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

5L1:Germany

Address

Saint-Romain, Saint-Romain, FRA, 21190

Website

http://www.tff-group.com

TFF Group is a France-based company operating in the beverage industry. The company is engaged in the manufacturing and distribution of barrels and wood products for the ageing of wines and spirits in France. The company also offers cooperages, staves, and casks. Its principal markets include wines, whiskey, and spirits. The company operates in France, Asia, Europe, United States and others. The company has majority of its turnover from United States.

TFF Group (XPAR:TFF) Headlines

No Headlines