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IFS Construction Services (ASX:IFS) Days Payable : 359.18 (As of Dec. 2011)


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What is IFS Construction Services Days Payable?

IFS Construction Services's average Accounts Payable for the six months ended in Dec. 2011 was A$3.30 Mil. IFS Construction Services's Cost of Goods Sold for the six months ended in Dec. 2011 was A$3.36 Mil. Hence, IFS Construction Services's Days Payable for the six months ended in Dec. 2011 was 179.59.

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

ASX:IFS's Days Payable is not ranked *
in the Forest Products industry.
Industry Median: 57.795
* Ranked among companies with meaningful Days Payable only.

IFS Construction Services's Days Payable increased from Dec. 2009 (245.01) to Dec. 2011 (359.18). It may suggest that IFS Construction Services delayed paying its suppliers.


IFS Construction Services Days Payable Historical Data

The historical data trend for IFS Construction Services'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.

IFS Construction Services Days Payable Chart

IFS Construction Services Annual Data
Trend Dec06 Dec07 Dec08 Dec09 Dec10 Dec11
Days Payable
Get a 7-Day Free Trial 865.63 - 245.01 207.36 359.18

IFS Construction Services Semi-Annual Data
Dec06 Dec07 Dec08 Dec09 Dec10 Dec11
Days Payable Get a 7-Day Free Trial 865.63 - 245.01 207.36 359.18

Competitive Comparison of IFS Construction Services's Days Payable

For the Lumber & Wood Production subindustry, IFS Construction Services'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.


IFS Construction Services's Days Payable Distribution in the Forest Products Industry

For the Forest Products industry and Basic Materials sector, IFS Construction Services's Days Payable distribution charts can be found below:

* The bar in red indicates where IFS Construction Services's Days Payable falls into.



IFS Construction Services 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.

IFS Construction Services's Days Payable for the fiscal year that ended in Dec. 2011 is calculated as

Days Payable (A: Dec. 2011 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Dec. 2010 ) + Accounts Payable (A: Dec. 2011 )) / count ) / Cost of Goods Sold (A: Dec. 2011 )*Days in Period
=( (2.594 + 4.009) / 2 ) / 3.355*365
=3.3015 / 3.355*365
=359.18

IFS Construction Services's Days Payable for the quarter that ended in Dec. 2011 is calculated as:

Days Payable (Q: Dec. 2011 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Dec. 2010 ) + Accounts Payable (Q: Dec. 2011 )) / count ) / Cost of Goods Sold (Q: Dec. 2011 )*Days in Period
=( (2.594 + 4.009) / 2 ) / 3.355*365 / 2
=3.3015 / 3.355*365 / 2
=179.59

* 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.


IFS Construction Services Days Payable Related Terms

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IFS Construction Services (ASX:IFS) Business Description

Traded in Other Exchanges
N/A
Address
Website
IFS Construction Services Ltd provides formwork, scaffolding, screening, engineering and design services. The Company's operations are based in Australia, South East Asia and the Middle East.