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FAT Brands (FRA:5PN) Days Payable : 18.60 (As of Mar. 2024)


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What is FAT Brands Days Payable?

FAT Brands's average Accounts Payable for the three months ended in Mar. 2024 was €20.9 Mil. FAT Brands's Cost of Goods Sold for the three months ended in Mar. 2024 was €102.7 Mil. Hence, FAT Brands's Days Payable for the three months ended in Mar. 2024 was 18.60.

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

FRA:5PN' s Days Payable Range Over the Past 10 Years
Min: 23.39   Med: 191.45   Max: 552.89
Current: 23.39

During the past 9 years, FAT Brands's highest Days Payable was 552.89. The lowest was 23.39. And the median was 191.45.

FRA:5PN's Days Payable is ranked worse than
77.94% of 340 companies
in the Restaurants industry
Industry Median: 38.19 vs FRA:5PN: 23.39

FAT Brands's Days Payable declined from Mar. 2023 (25.29) to Mar. 2024 (18.60). It may suggest that FAT Brands accelerated paying its suppliers.


FAT Brands Days Payable Historical Data

The historical data trend for FAT Brands'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.

* Premium members only.

FAT Brands Days Payable Chart

FAT Brands Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Payable
Get a 7-Day Free Trial Premium Member Only 510.31 576.77 146.60 36.34 26.24

FAT Brands Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 25.29 28.07 22.21 25.99 18.60

Competitive Comparison of FAT Brands's Days Payable

For the Restaurants subindustry, FAT Brands'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.


FAT Brands's Days Payable Distribution in the Restaurants Industry

For the Restaurants industry and Consumer Cyclical sector, FAT Brands's Days Payable distribution charts can be found below:

* The bar in red indicates where FAT Brands's Days Payable falls into.



FAT Brands 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.

FAT Brands'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
=( (17.302 + 19.999) / 2 ) / 259.407*365
=18.6505 / 259.407*365
=26.24

FAT Brands's Days Payable for the quarter that ended in Mar. 2024 is calculated as:

Days Payable (Q: Mar. 2024 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Dec. 2023 ) + Accounts Payable (Q: Mar. 2024 )) / count ) / Cost of Goods Sold (Q: Mar. 2024 )*Days in Period
=( (19.999 + 21.876) / 2 ) / 102.711*365 / 4
=20.9375 / 102.711*365 / 4
=18.60

* 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.


FAT Brands Days Payable Related Terms

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FAT Brands (FRA:5PN) Business Description

Traded in Other Exchanges
Address
9720 Wilshire Boulevard, Suite 500, Beverly Hills, CA, USA, 90212
FAT Brands Inc is a multi-brand restaurant franchising company. It develops, markets, acquires and manages quick service, fast casual, casual dining and polished casual dining restaurant concepts around the world. The company operates as a franchisor of restaurants, where the company generally does not own or operate the restaurant locations but rather generates revenue by charging franchisees an initial franchise fee as well as ongoing royalties. For some of the company's brands, it also directly owns and operates restaurant locations. The primary sources of revenue are the sale of food and beverages at company restaurants and the collection of royalties, franchise fees and advertising revenue from sales of food and beverages at franchised restaurants.

FAT Brands (FRA:5PN) Headlines

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