Unique Fabricating (FRA:0L2) Days Payable: 36.81 (As of Sep. 2022)

What is Unique Fabricating Days Payable?

Unique Fabricating FRA:0L2 16 Days Payable is 36.81 as of Sep. 2022. GuruFocus rates FRA:0L2 with a GF Score™ of 16/100.

Unique Fabricating's average Accounts Payable for the three months ended in Sep. 2022 was €12.8 Mil. Unique Fabricating's Cost of Goods Sold for the three months ended in Sep. 2022 was €31.8 Mil. Hence, Unique Fabricating's Days Payable for the three months ended in Sep. 2022 was 36.81.

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

FRA:0L2's Days Payable is not ranked ^*
in the Vehicles & Parts industry.
Industry Median: 67.12
* Ranked among companies with meaningful Days Payable only.

Unique Fabricating's Days Payable declined from Sep. 2021 (43.42) to Sep. 2022 (36.81). It may suggest that Unique Fabricating accelerated paying its suppliers.

Unique Fabricating Days Payable Related Terms

Unique Fabricating Days Payable Historical Data

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The historical data trend for Unique Fabricating'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.

Unique Fabricating Days Payable Chart

Unique Fabricating Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Days Payable

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36.17

30.58

30.96

38.69

33.79

Unique Fabricating Quarterly Data
	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22
Days Payable	Get a 7-Day Free Trial															43.42	38.44	35.74	40.49	36.81

FRA:0L2 vs FLESD, AMTY, STCC: Days Payable Comparison

For the Auto Parts subindustry, Unique Fabricating'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.

Unique Fabricating Days Payable vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Unique Fabricating's Days Payable distribution charts can be found below:

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

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16GF Score

Unique Fabricating Inc FRA:0L2

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Unique Fabricating 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.

Unique Fabricating's Days Payable for the fiscal year that ended in Dec. 2021 is calculated as

	Days Payable (A: Dec. 2021 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Dec. 2020 )	+	Accounts Payable (A: Dec. 2021 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2021 )	*	Days in Period
=	( (8.953	+	8.9)	/	2 )	/	96.421	*	365
=	8.9265					/	96.421	*	365
=	33.79

Unique Fabricating's Days Payable for the quarter that ended in Sep. 2022 is calculated as:

	Days Payable (Q: Sep. 2022 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Jun. 2022 )	+	Accounts Payable (Q: Sep. 2022 ))	/	count )	/	Cost of Goods Sold (Q: Sep. 2022 )	*	Days in Period
=	( (12.189	+	13.443)	/	2 )	/	31.769	*	365 / 4
=	12.816					/	31.769	*	365 / 4
=	36.81

Frequently Asked Questions Learn more about Days Payable →

What does a Days Payable of 36.81 mean?

Unique Fabricating (FRA:0L2) has a Days Payable of 36.81 as of Sep. 2022. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Unique Fabricating and its competitors.

Is Unique Fabricating's Days Payable too high?

Unique Fabricating's current Days Payable is 36.81. The Vehicles & Parts industry median Days Payable is 67.12. Unique Fabricating's value of 36.81 is 45.2% below this industry median. Overall, Unique Fabricating has a GF Score™ of 16/100, reflecting its overall financial health beyond just this single metric.

How does Unique Fabricating's Days Payable compare to FLESD and AMTY?

Unique Fabricating's Days Payable of 36.81 can be compared against companies in the Vehicles & Parts industry. The industry median Days Payable is 67.12. Unique Fabricating's value of 36.81 is 45.2% 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 Vehicles & Parts company?

The median Days Payable among Vehicles & Parts companies is 67.12, based on 1,313 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. Unique Fabricating's current Days Payable of 36.81 is 45.2% 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 Unique Fabricating and its competitors. For the Vehicles & Parts industry, the median Days Payable is 67.12 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Unique Fabricating's current Days Payable is 36.81. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is Unique Fabricating stock overvalued right now?

Unique Fabricating (FRA:0L2) has a current Days Payable of 36.81. The current Days Payable is 36.81 and 45.2% below the Vehicles & Parts industry median of 67.12. Unique Fabricating's overall GF Score™ is 16/100. 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 Unique Fabricating (FRA:0L2), the current Days Payable is 36.81 as of Sep. 2022. 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.

Unique Fabricating Business Description

Industry Consumer Cyclical Vehicles & Parts

Comparable Companies FLESD AMTY STCC OMTK WKSP SYPR HZN FDOC TSE:6902 TSE:5108 APTV XPAR:ML ISX:ASII TSX:MG XKRX:012330 SHSE:600660 LKQ XTER:CON SHSE:600741 SZSE:002920

Address 800 Standard Parkway, Auburn Hills, MI, USA, 48326

Website https://www.uniquefab.com

Unique Fabricating Inc is engaged in the engineering and manufacture of multi-material foam, rubber, and plastic components utilized in noise, vibration and harshness, acoustical management, water and air sealing, decorative and other functional applications. Its products are air management products, heating ventilating and air conditioning, seals, fender stuffers, air ducts, acoustical insulation, door water shields, gas tank pads, light gaskets, topper pads, mirror gaskets, glove box liners, personal protection equipment, and packaging. It derives net sales from the sales of foam, rubber plastic, and tape adhesive related automotive products produced by manufacturing processes including die cutting, compression molding, thermoforming, reaction injection molding and fusion molding.

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