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Fiplasto (BUE:FIPL) Days Payable : 58.59 (As of Dec. 2023)


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What is Fiplasto Days Payable?

Fiplasto's average Accounts Payable for the three months ended in Dec. 2023 was ARS1,332 Mil. Fiplasto's Cost of Goods Sold for the three months ended in Dec. 2023 was ARS2,075 Mil. Hence, Fiplasto's Days Payable for the three months ended in Dec. 2023 was 58.59.

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

BUE:FIPL' s Days Payable Range Over the Past 10 Years
Min: 43.64   Med: 57.86   Max: 67.95
Current: 50.74

During the past 13 years, Fiplasto's highest Days Payable was 67.95. The lowest was 43.64. And the median was 57.86.

BUE:FIPL's Days Payable is ranked worse than
62.32% of 406 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 66.76 vs BUE:FIPL: 50.74

Fiplasto's Days Payable increased from Dec. 2022 (15.11) to Dec. 2023 (58.59). It may suggest that Fiplasto delayed paying its suppliers.


Fiplasto Days Payable Historical Data

The historical data trend for Fiplasto'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.

Fiplasto Days Payable Chart

Fiplasto Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 67.95 65.67 48.40 43.64 56.39

Fiplasto 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 15.11 47.78 37.23 54.12 58.59

Competitive Comparison of Fiplasto's Days Payable

For the Furnishings, Fixtures & Appliances subindustry, Fiplasto'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.


Fiplasto's Days Payable Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Fiplasto's Days Payable distribution charts can be found below:

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



Fiplasto 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.

Fiplasto'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
=( (1018.203 + 781.059) / 2 ) / 5823.129*365
=899.631 / 5823.129*365
=56.39

Fiplasto'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
=( (1013 + 1650.944) / 2 ) / 2074.573*365 / 4
=1331.972 / 2074.573*365 / 4
=58.59

* 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.


Fiplasto Days Payable Related Terms

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


Fiplasto (BUE:FIPL) Business Description

Traded in Other Exchanges
N/A
Address
Piso 10, Alsina 756, Buenos Aires, ARG, C1087AAL
Fiplasto SA operates in the furniture industry. The principal business activity of the company is the manufacturing and marketing of wood fiber boards. The company serves a wide variety of industries in Argentina and the world that use its hardboard products for applications as diverse as auto parts, packaging, manufacture of furniture and doors, boards, formworks for construction, exhibitors, and posters. The company has two segments, Hardboard and Furniture, where it generates the majority of its revenue from the Hardboard segment.

Fiplasto (BUE:FIPL) Headlines

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