FLES (Auto Parts 4Less Group) Days Payable: 3,315.02 (As of Oct. 2023)


FLES Auto Parts 4Less Group Inc FLES
12 GF Score
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What is Auto Parts 4Less Group Days Payable?

Auto Parts 4Less Group FLES 12 Days Payable is 3,315.02 as of Oct. 2023. GuruFocus rates FLES with a GF Score™ of 12/100.

Auto Parts 4Less Group's average Accounts Payable for the three months ended in Oct. 2023 was $1.38 Mil. Auto Parts 4Less Group's Cost of Goods Sold for the three months ended in Oct. 2023 was $0.04 Mil. Hence, Auto Parts 4Less Group's Days Payable for the three months ended in Oct. 2023 was 3,315.02.

The historical rank and industry rank for Auto Parts 4Less Group's Days Payable or its related term are showing as below:

FLES's Days Payable is not ranked *
in the Vehicles & Parts industry.
Industry Median: 67.02
* Ranked among companies with meaningful Days Payable only.

Auto Parts 4Less Group's Days Payable increased from Oct. 2022 (121.31) to Oct. 2023 (3,315.02). It may suggest that Auto Parts 4Less Group delayed paying its suppliers.

Auto Parts 4Less Group Days Payable Historical Data

* Premium members only.

The historical data trend for Auto Parts 4Less Group'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.

Auto Parts 4Less Group Days Payable Chart

Auto Parts 4Less Group Annual Data
Trend Jan14 Jan15 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7.76 21.81 38.19 40.42 137.39

Auto Parts 4Less Group Quarterly Data
Jan19 Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23
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 121.31 741.27 9,784.81 6,553.19 3,315.02

FLES vs REII, MBLY, APTV: Days Payable Comparison

For the Auto Parts subindustry, Auto Parts 4Less Group'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.

Auto Parts 4Less Group Days Payable vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Auto Parts 4Less Group's Days Payable distribution charts can be found below:

* The bar in red indicates where Auto Parts 4Less Group's Days Payable falls into.


FLES
12GF Score
Auto Parts 4Less Group Inc FLES
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Auto Parts 4Less Group 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.

Auto Parts 4Less Group's Days Payable for the fiscal year that ended in Jan. 2023 is calculated as

Days Payable (A: Jan. 2023 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Jan. 2022 ) + Accounts Payable (A: Jan. 2023 )) / count ) / Cost of Goods Sold (A: Jan. 2023 )*Days in Period
=( (1.228 + 1.379) / 2 ) / 3.463*365
=1.3035 / 3.463*365
=137.39

Auto Parts 4Less Group's Days Payable for the quarter that ended in Oct. 2023 is calculated as:

Days Payable (Q: Oct. 2023 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Jul. 2023 ) + Accounts Payable (Q: Oct. 2023 )) / count ) / Cost of Goods Sold (Q: Oct. 2023 )*Days in Period
=( (1.32 + 1.441) / 2 ) / 0.038*365 / 4
=1.3805 / 0.038*365 / 4
=3,315.02

* 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 3,315.02 mean?
Auto Parts 4Less Group (FLES) has a Days Payable of 3,315.02 as of Oct. 2023. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Auto Parts 4Less Group and its competitors.
Is Auto Parts 4Less Group's Days Payable too high?
Auto Parts 4Less Group's current Days Payable is 3,315.02. The Vehicles & Parts industry median Days Payable is 67.02. Auto Parts 4Less Group's value of 3,315.02 is 4846.3% above this industry median. Overall, Auto Parts 4Less Group has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does Auto Parts 4Less Group's Days Payable compare to REII and MBLY?
Auto Parts 4Less Group's Days Payable of 3,315.02 can be compared against companies in the Vehicles & Parts industry. The industry median Days Payable is 67.02. Auto Parts 4Less Group's value of 3,315.02 is 4846.3% above 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 Vehicles & Parts company?
The median Days Payable among Vehicles & Parts companies is 67.02, based on 1,311 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. Auto Parts 4Less Group's current Days Payable of 3,315.02 is 4846.3% above 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 Auto Parts 4Less Group and its competitors. For the Vehicles & Parts industry, the median Days Payable is 67.02 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Auto Parts 4Less Group's current Days Payable is 3,315.02. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Auto Parts 4Less Group stock overvalued right now?
Auto Parts 4Less Group (FLES) has a current Days Payable of 3,315.02. The current Days Payable is 3,315.02 and 4846.3% above the Vehicles & Parts industry median of 67.02. Auto Parts 4Less Group's overall GF Score™ is 12/100. 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 Auto Parts 4Less Group (FLES), the current Days Payable is 3,315.02 as of Oct. 2023. 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.

Auto Parts 4Less Group Business Description

Address 106 W. Mayflower, Las Vegas, NV, USA, 89030
Auto Parts 4Less Group Inc is an e-commerce auto parts sales company. It offers parts and accessories that are manufactured, sold, and distributed for cars, light trucks, and other passenger vehicles motorcycles, all-terrain vehicles, utility terrain vehicles, boats, and others.
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Days Payable is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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