Fevertree Drinks (Fevertree Drinks) Days Payable : 84.96 (As of Dec. 2023)

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What is Fevertree Drinks Days Payable?

Fevertree Drinks's average Accounts Payable for the six months ended in Dec. 2023 was $74.0 Mil. Fevertree Drinks's Cost of Goods Sold for the six months ended in Dec. 2023 was $159.0 Mil. Hence, Fevertree Drinks's Days Payable for the six months ended in Dec. 2023 was 84.96.

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

FQVTF' s Days Payable Range Over the Past 10 Years
Min: 22.35 Med: 34.99 Max: 69.73
Current: 69.73

During the past 13 years, Fevertree Drinks's highest Days Payable was 69.73. The lowest was 22.35. And the median was 34.99.

FQVTF's Days Payable is ranked better than
58.33% of 108 companies
in the Beverages - Non-Alcoholic industry
Industry Median: 59.3 vs FQVTF: 69.73

Fevertree Drinks's Days Payable increased from Dec. 2022 (58.32) to Dec. 2023 (84.96). It may suggest that Fevertree Drinks delayed paying its suppliers.

Fevertree Drinks Days Payable Historical Data

The historical data trend for Fevertree Drinks'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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Fevertree Drinks Days Payable Chart

Fevertree Drinks Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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21.81

33.98

41.24

37.31

58.33

Fevertree Drinks Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Payable	Get a 7-Day Free Trial															60.36	68.40	58.32	64.15	84.96

Competitive Comparison of Fevertree Drinks's Days Payable

For the Beverages - Non-Alcoholic subindustry, Fevertree Drinks'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.

Fevertree Drinks's Days Payable Distribution in the Beverages - Non-Alcoholic Industry

For the Beverages - Non-Alcoholic industry and Consumer Defensive sector, Fevertree Drinks's Days Payable distribution charts can be found below:

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

Fevertree Drinks 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.

Fevertree Drinks's Days Payable for the fiscal year that ended in Dec. 2023 is calculated as

	Days Payable (A: Dec. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Dec. 2022 )	+	Accounts Payable (A: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2023 )	*	Days in Period
=	( (30.085	+	70)	/	2 )	/	313.165	*	365
=	50.0425					/	313.165	*	365
=	58.33

Fevertree Drinks's Days Payable for the quarter that ended in Dec. 2023 is calculated as:

	Days Payable (Q: Dec. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Jun. 2023 )	+	Accounts Payable (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (78.03	+	70)	/	2 )	/	158.987	*	365 / 2
=	74.015					/	158.987	*	365 / 2
=	84.96

Fevertree Drinks Days Payable Related Terms

Thank you for viewing the detailed overview of Fevertree Drinks's Days Payable provided by GuruFocus.com. Please click on the following links to see related term pages.

Fevertree Drinks (Fevertree Drinks) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Beverages - Non-Alcoholic » Fevertree Drinks PLC (OTCPK:FQVTF) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

FQVTY:USA FEVR:UK FV8:Germany

Address

186-188 Shepherds Bush Road, London, GBR, W6 7NL

Website

https://www.fever-tree.com

Fevertree Drinks PLC is a UK based holding and investment company. The company is engaged in the business activity of developing and marketing premium mixer drinks. Its product portfolio includes Indian tonic water, Mediterranean tonic water, Elderflower tonic water, Aromatic tonic water, Clementine tonic water, Lemon tonic water, Ginger beer, Ginger ale, Smoky ginger ale, Spiced orange ginger ale, Madagascan cola, Sicilian lemonade, Lemonade, Premium Soda Water and Mediterranean Orange. The company operates in the UK, USA, Europe, and other countries, of which most of the revenue is from the United Kingdom.

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