FDRVF (FD Technologies) Days Payable : 16.86 (As of Aug. 2024)

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What is FD Technologies Days Payable?

FD Technologies's average Accounts Payable for the six months ended in Aug. 2024 was $7.9 Mil. FD Technologies's Cost of Goods Sold for the six months ended in Aug. 2024 was $85.7 Mil. Hence, FD Technologies's Days Payable for the six months ended in Aug. 2024 was 16.86.

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

FDRVF' s Days Payable Range Over the Past 10 Years
Min: 11.31 Med: 19.06 Max: 29.5
Current: 19.83

During the past 13 years, FD Technologies's highest Days Payable was 29.50. The lowest was 11.31. And the median was 19.06.

FDRVF's Days Payable is ranked worse than
78.52% of 2523 companies
in the Software industry
Industry Median: 48.75 vs FDRVF: 19.83

FD Technologies's Days Payable declined from Aug. 2023 (24.86) to Aug. 2024 (16.86). It may suggest that FD Technologies accelerated paying its suppliers.

FD Technologies Days Payable Historical Data

The historical data trend for FD Technologies'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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FD Technologies Days Payable Chart

FD Technologies Annual Data

Trend

Feb15

Feb16

Feb17

Feb18

Feb19

Feb20

Feb21

Feb22

Feb23

Feb24

Days Payable

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19.23

21.68

25.64

31.39

23.99

FD Technologies Semi-Annual Data
	Feb15	Aug15	Feb16	Aug16	Feb17	Aug17	Feb18	Aug18	Feb19	Aug19	Feb20	Aug20	Feb21	Aug21	Feb22	Aug22	Feb23	Aug23	Feb24	Aug24
Days Payable	Get a 7-Day Free Trial															27.10	33.23	24.86	23.42	16.86

Competitive Comparison of FD Technologies's Days Payable

For the Information Technology Services subindustry, FD Technologies'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.

FD Technologies's Days Payable Distribution in the Software Industry

For the Software industry and Technology sector, FD Technologies's Days Payable distribution charts can be found below:

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

FD Technologies 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.

FD Technologies's Days Payable for the fiscal year that ended in Feb. 2024 is calculated as

	Days Payable (A: Feb. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Feb. 2023 )	+	Accounts Payable (A: Feb. 2024 ))	/	count )	/	Cost of Goods Sold (A: Feb. 2024 )	*	Days in Period
=	( (13.636	+	10.119)	/	2 )	/	180.748	*	365
=	11.8775					/	180.748	*	365
=	23.99

FD Technologies's Days Payable for the quarter that ended in Aug. 2024 is calculated as:

	Days Payable (Q: Aug. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Feb. 2024 )	+	Accounts Payable (Q: Aug. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Aug. 2024 )	*	Days in Period
=	( (10.119	+	5.72)	/	2 )	/	85.736	*	365 / 2
=	7.9195					/	85.736	*	365 / 2
=	16.86

FD Technologies Days Payable Related Terms

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FD Technologies Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » FD Technologies PLC (OTCPK:FDRVF) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

GYQ:Ireland FDP.GB:UK FDP:UK GYQ:Germany

Address

3 Canal Quay, Brian Conlon House, Newry, County Down, GBR, BT35 6BP

Website

https://www.fdtechnologies.com

FD Technologies PLC is a group of data-driven businesses that unlocks the value of insight, hindsight, and foresight to drive organizations forward. The company has determined that its reportable segments are KX and First Derivative. The First Derivative (FD) segment which derives key revenue, provides technology and data services in its primary market of financial services and capital markets. Geographically, the company derives maximum revenue from the Americas and the rest from the United Kingdom, EMEA, and Asia Pacific region.