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Frontera Group (Frontera Group) Days Payable : 177.02 (As of Dec. 2022)


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What is Frontera Group Days Payable?

Frontera Group's average Accounts Payable for the three months ended in Dec. 2022 was $0.55 Mil. Frontera Group's Cost of Goods Sold for the three months ended in Dec. 2022 was $0.28 Mil. Hence, Frontera Group's Days Payable for the three months ended in Dec. 2022 was 177.02.

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

FRTG's Days Payable is not ranked *
in the Business Services industry.
Industry Median: 47.14
* Ranked among companies with meaningful Days Payable only.

Frontera Group's Days Payable increased from Dec. 2021 (0.00) to Dec. 2022 (177.02). It may suggest that Frontera Group delayed paying its suppliers.


Frontera Group Days Payable Historical Data

The historical data trend for Frontera 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.

Frontera Group Days Payable Chart

Frontera Group Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22
Days Payable
Get a 7-Day Free Trial Premium Member Only - - - - 198.58

Frontera Group Quarterly Data
Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22
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 - - 593.99 112.91 177.02

Competitive Comparison of Frontera Group's Days Payable

For the Specialty Business Services subindustry, Frontera 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.


Frontera Group's Days Payable Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Frontera Group's Days Payable distribution charts can be found below:

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



Frontera 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.

Frontera Group's Days Payable for the fiscal year that ended in Jun. 2022 is calculated as

Days Payable (A: Jun. 2022 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Jun. 2021 ) + Accounts Payable (A: Jun. 2022 )) / count ) / Cost of Goods Sold (A: Jun. 2022 )*Days in Period
=( (0.018 + 0.439) / 2 ) / 0.42*365
=0.2285 / 0.42*365
=198.58

Frontera Group's Days Payable for the quarter that ended in Dec. 2022 is calculated as:

Days Payable (Q: Dec. 2022 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Sep. 2022 ) + Accounts Payable (Q: Dec. 2022 )) / count ) / Cost of Goods Sold (Q: Dec. 2022 )*Days in Period
=( (0.395 + 0.703) / 2 ) / 0.283*365 / 4
=0.549 / 0.283*365 / 4
=177.02

* 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.


Frontera Group Days Payable Related Terms

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Frontera Group (Frontera Group) Business Description

Traded in Other Exchanges
N/A
Address
140-75 Ash Avenue, Suite 2C, Flushing, NY, USA, 11355
Frontera Group Inc is a technology-focused operator and acquirer of revenue-generating companies and intellectual property.
Executives
Nanjing Dayu Xianneng Food Co, Ltd 10 percent owner LIUSHUNYUAN ROAD LULANG TOWNSHIP,, JIANGNING DISTRICT, NANJING F4 210024

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