Forbidden Foods (ASX:FFF) Days Payable : 150.22 (As of Dec. 2023)

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What is Forbidden Foods Days Payable?

Forbidden Foods's average Accounts Payable for the six months ended in Dec. 2023 was A$0.70 Mil. Forbidden Foods's Cost of Goods Sold for the six months ended in Dec. 2023 was A$0.85 Mil. Hence, Forbidden Foods's Days Payable for the six months ended in Dec. 2023 was 150.22.

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

ASX:FFF' s Days Payable Range Over the Past 10 Years
Min: 60.53 Med: 63.97 Max: 162.03
Current: 162.03

During the past 3 years, Forbidden Foods's highest Days Payable was 162.03. The lowest was 60.53. And the median was 63.97.

ASX:FFF's Days Payable is ranked better than
90.65% of 1786 companies
in the Consumer Packaged Goods industry
Industry Median: 46.105 vs ASX:FFF: 162.03

Forbidden Foods's Days Payable increased from Dec. 2022 (92.96) to Dec. 2023 (150.22). It may suggest that Forbidden Foods delayed paying its suppliers.

Forbidden Foods Days Payable Historical Data

The historical data trend for Forbidden Foods'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.

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Forbidden Foods Days Payable Chart

Forbidden Foods Annual Data

Trend

Jun21

Jun22

Jun23

Days Payable

63.97

60.53

100.76

Forbidden Foods Semi-Annual Data
	Dec19	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Payable	Get a 7-Day Free Trial			73.68	81.56	92.96	151.03	150.22

Competitive Comparison of Forbidden Foods's Days Payable

For the Packaged Foods subindustry, Forbidden Foods'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.

Forbidden Foods's Days Payable Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Forbidden Foods's Days Payable distribution charts can be found below:

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

Forbidden Foods 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.

Forbidden Foods'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
=	( (0.903	+	0.549)	/	2 )	/	2.63	*	365
=	0.726					/	2.63	*	365
=	100.76

Forbidden Foods'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
=	( (0.549	+	0.852)	/	2 )	/	0.851	*	365 / 2
=	0.7005					/	0.851	*	365 / 2
=	150.22

Forbidden Foods Days Payable Related Terms

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Forbidden Foods (ASX:FFF) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Forbidden Foods Ltd (ASX:FFF) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

16/663 Victoria Street, Abbotsford, Melbourne, VIC, AUS, 3067

Website

https://www.forbiddenfoods.com.au

Forbidden Foods Ltd is an Australian owned and managed food company specialising in the sourcing and development of health focused food products for retail and food service in Australia and abroad.

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