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FA (First Advantage) Days Payable : 51.99 (As of Dec. 2024)


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What is First Advantage Days Payable?

First Advantage's average Accounts Payable for the three months ended in Dec. 2024 was $96.0 Mil. First Advantage's Cost of Goods Sold for the three months ended in Dec. 2024 was $168.5 Mil. Hence, First Advantage's Days Payable for the three months ended in Dec. 2024 was 51.99.

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

FA' s Days Payable Range Over the Past 10 Years
Min: 41.08   Med: 50.83   Max: 68.26
Current: 55.69

During the past 13 years, First Advantage's highest Days Payable was 68.26. The lowest was 41.08. And the median was 50.83.

FA's Days Payable is ranked better than
56.18% of 906 companies
in the Business Services industry
Industry Median: 45.895 vs FA: 55.69

First Advantage's Days Payable increased from Dec. 2023 (46.38) to Dec. 2024 (51.99). It may suggest that First Advantage delayed paying its suppliers.


First Advantage Days Payable Historical Data

The historical data trend for First Advantage'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.

First Advantage Days Payable Chart

First Advantage Annual Data
Trend Dec05 Dec06 Dec07 Dec08 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 50.83 48.61 48.11 68.26

First Advantage Quarterly Data
Dec19 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 46.38 49.70 51.11 57.26 51.99

Competitive Comparison of First Advantage's Days Payable

For the Specialty Business Services subindustry, First Advantage'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.


First Advantage's Days Payable Distribution in the Business Services Industry

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

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


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First Advantage 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.

First Advantage's Days Payable for the fiscal year that ended in Dec. 2024 is calculated as

Days Payable (A: Dec. 2024 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Dec. 2023 ) + Accounts Payable (A: Dec. 2024 )) / count ) / Cost of Goods Sold (A: Dec. 2024 )*Days in Period
=( (47.024 + 120.872) / 2 ) / 448.911*365
=83.948 / 448.911*365
=68.26

First Advantage's Days Payable for the quarter that ended in Dec. 2024 is calculated as:

Days Payable (Q: Dec. 2024 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Sep. 2024 ) + Accounts Payable (Q: Dec. 2024 )) / count ) / Cost of Goods Sold (Q: Dec. 2024 )*Days in Period
=( (71.108 + 120.872) / 2 ) / 168.492*365 / 4
=95.99 / 168.492*365 / 4
=51.99

* 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.


First Advantage Days Payable Related Terms

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First Advantage Business Description

Traded in Other Exchanges
Address
1 Concourse Parkway NE, Suite 200, Atlanta, GA, USA, 30328
First Advantage Corp is a provider of employment background screening and verification solutions. Its reportable segments are First Advantage Americas, First Advantage International, and Sterling. Maximum revenue is generated from the First Advantage Americas segment, which performs various background checks and compliance services across all phases of the workforce lifecycle, from pre-onboarding services to post-onboarding and ongoing monitoring services, covering employees, contractors, contingent workers, tenants, and drivers. The company delivers solutions across multiple industry verticals in the United States, Canada, and Latin America. Geographically, it derives key revenue from the United States.
Executives
Steven Irwin Marks officer: Chief Accounting Officer C/O FIRST ADVANTAGE CORPORATION, 1 CONCOURSE PARKWAY NE, SUITE 200, ATLANTA GA 30328
Bret T Jardine officer: See Remarks 100 CARILLON PARKWAY, ST. PETERSBURG FL 33716
Joseph K. Jaeger officer: President, Americas C/O FIRST ADVANTAGE CORPORATION, 1 CONCOURSE PARKWAY NE, SUITE 200, ATLANTA GA 30328
James Lindsey Clark director 1819 DANFORTH DRIVE, MARIETTA GA 30062
Silver Lake Group, L.l.c. director, 10 percent owner 2775 SAND HILL ROAD, SUITE 100, MENLO PARK CA 94025
Joelle M Smith officer: See Remarks C/O FIRST ADVANTAGE CORPORATION, 1 CONCOURSE PARKWAY NE, SUITE 200, ATLANTA GA 30328
Bridgett R Price director C/O FIRST ADVANTAGE CORPORATION, 1 CONCOURSE PARKWAY NE, SUITE 200, ATLANTA GA 30328
Slta V (gp), L.l.c. director, 10 percent owner C/O SILVER LAKE, 2775 SAND HILL ROAD, SUITE 100, MENLO PARK CA 94025
Scott Staples director, officer: Chief Executive Officer C/O FIRST ADVANTAGE CORPORATION, 1 CONCOURSE PARKWAY NE, SUITE 200, ATLANTA GA 30328
David L Gamsey officer: EVP & Chief Financial Officer
Slp Fastball Aggregator, L.p. director, 10 percent owner C/O SILVER LAKE, 2776 SAND HILL ROAD, SUITE 100, MENLO PARK CA 94025
Slp V Aggregator Gp, L.l.c. director, 10 percent owner C/O SILVER LAKE, 2775 SAND HILL ROAD, SUITE 100, MENLO PARK CA 94025
Judith Sim director C/O FORTINET, INC., 899 KIFER ROAD, SUNNYVALE CA 94086
Bianca Stoica director C/O SILVER LAKE, 2776 SAND HILL ROAD, SUITE 100, MENLO PARK CA 94025
Joseph Osnoss director C/O SILVER LAKE EUROPE LLP, BROADBENT HOUSE, 65 GROSVENOR STREET, LONDON X0 W1K 3JH