Federated Hermes (FRA:3KC) Days Payable : 0.00 (As of Dec. 2024)

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What is Federated Hermes Days Payable?

Federated Hermes's average Accounts Payable for the three months ended in Dec. 2024 was €0 Mil. Federated Hermes's Cost of Goods Sold for the three months ended in Dec. 2024 was €131 Mil. Hence, Federated Hermes's Days Payable for the three months ended in Dec. 2024 was 0.00.

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

FRA:3KC' s Days Payable Range Over the Past 10 Years
Min: 0 Med: 0 Max: 59.7
Current: 59.7

During the past 13 years, Federated Hermes's highest Days Payable was 59.70. The lowest was 0.00. And the median was 0.00.

FRA:3KC's Days Payable is ranked worse than
55.97% of 461 companies
in the Asset Management industry
Industry Median: 69.93 vs FRA:3KC: 59.70

Federated Hermes's Days Payable stayed the same from Dec. 2023 (0.00) to Dec. 2024 (0.00). stayed the same

Federated Hermes Days Payable Historical Data

The historical data trend for Federated Hermes'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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Federated Hermes Days Payable Chart

Federated Hermes Annual Data

Trend

Dec15

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Dec20

Dec21

Dec22

Dec23

Dec24

Days Payable

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Federated Hermes Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Days Payable	Get a 7-Day Free Trial															-	59.08	61.10	-	-

Competitive Comparison of Federated Hermes's Days Payable

For the Asset Management subindustry, Federated Hermes'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.

Federated Hermes's Days Payable Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Federated Hermes's Days Payable distribution charts can be found below:

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

Federated Hermes 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.

Federated Hermes's Days Payable for the fiscal year that ended in Dec. 2024 is calculated as

	Days Payable (A: Dec. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Dec. 2023 )	+	Accounts Payable (A: Dec. 2024 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2024 )	*	Days in Period
=	( (0	+	0)	/	1 )	/	516.164	*	365
=	0					/	516.164	*	365
=	0.00

Federated Hermes's Days Payable for the quarter that ended in Dec. 2024 is calculated as:

	Days Payable (Q: Dec. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Sep. 2024 )	+	Accounts Payable (Q: Dec. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2024 )	*	Days in Period
=	( (0	+	0)	/	1 )	/	130.992	*	365 / 4
=	0					/	130.992	*	365 / 4
=	0.00

Federated Hermes Days Payable Related Terms

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Federated Hermes Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Federated Hermes Inc (FRA:3KC) » Definitions » Days Payable

Comparable Companies

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FHI:USA

Address

1001 Liberty Avenue, Pittsburgh, PA, USA, 15222-3779

Website

https://www.federatedhermes.com

Federated Hermes provides asset-management services for institutional and individual investors. The firm had $800 billion in managed assets at the end of September 2024, composed of equity (10%), multi-asset (less than 1%), fixed-income (12%), alternative (3%), and money market (74%) funds. The firm's cash-management operations are expected to generate around 51% of Federated's revenue this year, compared with 29%, 12%, and 7%, respectively, for the equity, fixed-income, and alternatives/multi-asset operations. The company's products are distributed via trust banks, wealth managers, and retail broker/dealers (65% of AUM), institutional investors (26%), and international clients (9%).

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