Fleetwood (ASX:FWD) Days Payable

: 88.52 (As of Dec. 2023)

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Fleetwood's average Accounts Payable for the six months ended in Dec. 2023 was A$36.3 Mil. Fleetwood's Cost of Goods Sold for the six months ended in Dec. 2023 was A$74.9 Mil. Hence, Fleetwood's Days Payable for the six months ended in Dec. 2023 was 88.52.

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

ASX:FWD' s Days Payable Range Over the Past 10 Years
Min: 60.75 Med: 96.6 Max: 133.74
Current: 133.74

During the past 13 years, Fleetwood's highest Days Payable was 133.74. The lowest was 60.75. And the median was 96.60.

ASX:FWD's Days Payable is ranked better than
73.92% of 1603 companies
in the Construction industry
Industry Median: 73.78 vs ASX:FWD: 133.74

Fleetwood's Days Payable declined from Dec. 2022 (129.00) to Dec. 2023 (88.52). It may suggest that Fleetwood accelerated paying its suppliers.

Fleetwood Days Payable Historical Data

The historical data trend for Fleetwood'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.

Fleetwood Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Days Payable

107.89

102.98

80.51

90.21

87.68

Fleetwood Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Payable																104.70	180.30	129.00	153.84	88.52

Competitive Comparison

For the Engineering & Construction subindustry, Fleetwood'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.

Fleetwood Days Payable Distribution

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

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

Fleetwood 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.

Fleetwood's Days Payable for the fiscal year that ended in Jun. 2023 is calculated as

	Days Payable (A: Jun. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Jun. 2022 )	+	Accounts Payable (A: Jun. 2023 ))	/	count )	/	Cost of Goods Sold (A: Jun. 2023 )	*	Days in Period
=	( (42.944	+	24.083)	/	2 )	/	139.519	*	365
=	33.5135					/	139.519	*	365
=	87.68

Fleetwood'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: Jun. 2023 )	+	Accounts Payable (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (24.083	+	48.616)	/	2 )	/	74.941	*	365 / 2
=	36.3495					/	74.941	*	365 / 2
=	88.52

Fleetwood Days Payable Related Terms

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

Fleetwood (ASX:FWD) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Fleetwood Ltd (ASX:FWD) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

FZS:Germany

Address

464 Hay Street, Level 2, Subiaco, WA, AUS, 6008

Website

https://www.fleetwood.com.au

Fleetwood Ltd is a modular construction company. The company works with government departments, owners, architects, and engineers to design and build custom modular buildings predominately for the affordable housing, education, custodial, and mining industries. The operating business segments are RV Solutions; Building Solutions and Community Solutions. It generates maximum revenue from the Building Solutions segment. Geographically, the company operates in Australia and New Zealand, with maximum revenue from Australia.

Fleetwood (ASX:FWD) Days Payable

Fleetwood Days Payable Historical Data

Fleetwood Days Payable Calculation

Fleetwood Days Payable Related Terms

Fleetwood (ASX:FWD) Business Description

Fleetwood (ASX:FWD) Headlines