FAME (Flamemaster) Days Payable: 14.54 (As of Mar. 2005)


What is Flamemaster Days Payable?

Flamemaster FAME Days Payable is 14.54 as of Mar. 2005.

Flamemaster's average Accounts Payable for the three months ended in Mar. 2005 was $0.10 Mil. Flamemaster's Cost of Goods Sold for the three months ended in Mar. 2005 was $0.66 Mil. Hence, Flamemaster's Days Payable for the three months ended in Mar. 2005 was 14.54.

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

FAME's Days Payable is not ranked *
in the Chemicals industry.
Industry Median: 59.915
* Ranked among companies with meaningful Days Payable only.

Flamemaster's Days Payable declined from Mar. 2004 (27.78) to Mar. 2005 (14.54). It may suggest that Flamemaster accelerated paying its suppliers.

Flamemaster Days Payable Historical Data

* Premium members only.

The historical data trend for Flamemaster'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.

Flamemaster Days Payable Chart

Flamemaster Annual Data
Trend Sep95 Sep96 Sep97 Sep98 Sep99 Sep00 Sep01 Sep02 Sep03 Sep04
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 17.68 34.56 35.74 19.38 21.74

Flamemaster Quarterly Data
Jun00 Sep00 Dec00 Mar01 Jun01 Sep01 Dec01 Mar02 Jun02 Sep02 Dec02 Mar03 Jun03 Sep03 Dec03 Mar04 Jun04 Sep04 Dec04 Mar05
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 27.78 36.07 31.43 20.08 14.54

Flamemaster Days Payable Competitor Comparison

For the Specialty Chemicals subindustry, Flamemaster'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.

Flamemaster Days Payable vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, Flamemaster's Days Payable distribution charts can be found below:

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


Flamemaster 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.

Flamemaster's Days Payable for the fiscal year that ended in Sep. 2004 is calculated as

Days Payable (A: Sep. 2004 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Sep. 2003 ) + Accounts Payable (A: Sep. 2004 )) / count ) / Cost of Goods Sold (A: Sep. 2004 )*Days in Period
=( (0.109 + 0.203) / 2 ) / 2.619*365
=0.156 / 2.619*365
=21.74

Flamemaster's Days Payable for the quarter that ended in Mar. 2005 is calculated as:

Days Payable (Q: Mar. 2005 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Dec. 2004 ) + Accounts Payable (Q: Mar. 2005 )) / count ) / Cost of Goods Sold (Q: Mar. 2005 )*Days in Period
=( (0.08 + 0.129) / 2 ) / 0.656*365 / 4
=0.1045 / 0.656*365 / 4
=14.54

* 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.

Frequently Asked Questions Learn more about Days Payable →
What does a Days Payable of 14.54 mean?
Flamemaster (FAME) has a Days Payable of 14.54 as of Mar. 2005. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Flamemaster and its competitors.
Is Flamemaster's Days Payable too high?
Flamemaster's current Days Payable is 14.54. The Chemicals industry median Days Payable is 59.92. Flamemaster's value of 14.54 is 75.7% below this industry median.
How does Flamemaster's Days Payable compare to competitors?
Flamemaster's Days Payable of 14.54 can be compared against companies in the Chemicals industry. The industry median Days Payable is 59.92. Flamemaster's value of 14.54 is 75.7% below this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Days Payable for a Chemicals company?
The median Days Payable among Chemicals companies is 59.92, based on 1,560 companies in the industry. Companies in the top quartile (top 25%) have a Days Payable significantly above this median, while those in the bottom quartile fall well below. However, Days Payable should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Flamemaster's current Days Payable of 14.54 is 75.7% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Days Payable mean?
A high Days Payable can signal that a stock is expensive relative to its fundamentals. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Flamemaster and its competitors. For the Chemicals industry, the median Days Payable is 59.92 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Flamemaster's current Days Payable is 14.54. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Flamemaster stock overvalued right now?
Flamemaster (FAME) has a current Days Payable of 14.54. The current Days Payable is 14.54 and 75.7% below the Chemicals industry median of 59.92. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Days Payable calculated?
Days Payable is calculated from a company's financial statements. For Flamemaster (FAME), the current Days Payable is 14.54 as of Mar. 2005. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Flamemaster Business Description

Address 13576 Desmond Street, Pacoima, CA, USA, 91331-2315
Flamemaster Corp manufactures sealants, adhesives, ablative and heat-resistant coatings and electrical cable fire retardant coatings. Its products include Sealants and Coatings.