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Free Flow (Free Flow) Days Payable : 8,942.50 (As of Dec. 2023)


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What is Free Flow Days Payable?

Free Flow's average Accounts Payable for the three months ended in Dec. 2023 was $0.10 Mil. Free Flow's Cost of Goods Sold for the three months ended in Dec. 2023 was $0.00 Mil. Hence, Free Flow's Days Payable for the three months ended in Dec. 2023 was 8,942.50.

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

FFLO' s Days Payable Range Over the Past 10 Years
Min: 17.73   Med: 79.06   Max: 1513.68
Current: 918.94

During the past 13 years, Free Flow's highest Days Payable was 1513.68. The lowest was 17.73. And the median was 79.06.

FFLO's Days Payable is not ranked
in the Vehicles & Parts industry.
Industry Median: 65.67 vs FFLO: 918.94

Free Flow's Days Payable increased from Dec. 2022 (20.91) to Dec. 2023 (8,942.50). It may suggest that Free Flow delayed paying its suppliers.


Free Flow Days Payable Historical Data

The historical data trend for Free Flow'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.

Free Flow Days Payable Chart

Free Flow Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 30.96 23.21 17.73 24.21 1,513.68

Free Flow 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 20.91 50.19 182.50 1,460.00 8,942.50

Competitive Comparison of Free Flow's Days Payable

For the Auto Parts subindustry, Free Flow'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.


Free Flow's Days Payable Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Free Flow's Days Payable distribution charts can be found below:

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



Free Flow 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.

Free Flow's Days Payable for the fiscal year that ended in Dec. 2023 is calculated as

Days Payable (A: Dec. 2023 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Dec. 2022 ) + Accounts Payable (A: Dec. 2023 )) / count ) / Cost of Goods Sold (A: Dec. 2023 )*Days in Period
=( (0.002 + 0.139) / 2 ) / 0.017*365
=0.0705 / 0.017*365
=1,513.68

Free Flow'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
=( (0.057 + 0.139) / 2 ) / 0.001*365 / 4
=0.098 / 0.001*365 / 4
=8,942.50

* 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.


Free Flow Days Payable Related Terms

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


Free Flow (Free Flow) Business Description

Traded in Other Exchanges
N/A
Address
6269 Caledon Road, King George, VA, USA, 22485
Free Flow Inc focuses on the business of used auto parts. It is engaged in disassembling salvaged automobiles and sells presorted automobile parts through a parts locator network. It also owns the formulation and trademark of an Aerosol named HYGIENiQ. It eliminates smoke odor, mold, and mildew and is useful in automobiles and home applications. It consists of multiple businesses which make up subsidiaries and divisions: Accurate Auto Parts, Inc; HYGIENIQ.COM; Motors and Metals, Inc.; and Citi Autos, Corp.
Executives
Sabir Saleem director, 10 percent owner 2301 WOODLAND CROSSING DR., SUITE 155, HERNDON VA 20171