FlexShopper (FRA:9FL) Days Payable: 27.22 (As of Dec. 2024)

What is FlexShopper Days Payable?

FlexShopper FRA:9FL 16 Days Payable is 27.22 as of Dec. 2024. GuruFocus rates FRA:9FL with a GF Score™ of 16/100.

FlexShopper's average Accounts Payable for the three months ended in Dec. 2024 was €4.3 Mil. FlexShopper's Cost of Goods Sold for the three months ended in Dec. 2024 was €14.4 Mil. Hence, FlexShopper's Days Payable for the three months ended in Dec. 2024 was 27.22.

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

FRA:9FL's Days Payable is not ranked ^*
in the Business Services industry.
Industry Median: 46.84
* Ranked among companies with meaningful Days Payable only.

FlexShopper's Days Payable increased from Dec. 2023 (0.00) to Dec. 2024 (27.22). It may suggest that FlexShopper delayed paying its suppliers.

FlexShopper Days Payable Related Terms

FlexShopper Days Payable Historical Data

* Premium members only.

The historical data trend for FlexShopper'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.

FlexShopper Days Payable Chart

FlexShopper Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Days Payable

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35.30

35.33

754.62

420.52

36.00

FlexShopper 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															0.00	29.68	166.82	21.36	27.22

FRA:9FL vs URI, AER, FTAI: Days Payable Comparison

For the Rental & Leasing Services subindustry, FlexShopper'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.

FlexShopper Days Payable vs Business Services Industry

For the Business Services industry and Industrials sector, FlexShopper's Days Payable distribution charts can be found below:

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

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16GF Score

FlexShopper Inc FRA:9FL

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FlexShopper 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.

FlexShopper'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
=	( (6.547	+	5.338)	/	2 )	/	60.243	*	365
=	5.9425					/	60.243	*	365
=	36.00

FlexShopper'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
=	( (3.248	+	5.338)	/	2 )	/	14.392	*	365 / 4
=	4.293					/	14.392	*	365 / 4
=	27.22

Frequently Asked Questions Learn more about Days Payable →

What does a Days Payable of 27.22 mean?

FlexShopper (FRA:9FL) has a Days Payable of 27.22 as of Dec. 2024. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on FlexShopper and its competitors.

Is FlexShopper's Days Payable too high?

FlexShopper's current Days Payable is 27.22. The Business Services industry median Days Payable is 46.84. FlexShopper's value of 27.22 is 41.9% below this industry median. Overall, FlexShopper has a GF Score™ of 16/100, reflecting its overall financial health beyond just this single metric.

How does FlexShopper's Days Payable compare to URI and AER?

FlexShopper's Days Payable of 27.22 can be compared against companies in the Business Services industry. The industry median Days Payable is 46.84. FlexShopper's value of 27.22 is 41.9% 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 Business Services company?

The median Days Payable among Business Services companies is 46.84, based on 943 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. FlexShopper's current Days Payable of 27.22 is 41.9% 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 FlexShopper and its competitors. For the Business Services industry, the median Days Payable is 46.84 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. FlexShopper's current Days Payable is 27.22. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is FlexShopper stock overvalued right now?

FlexShopper (FRA:9FL) has a current Days Payable of 27.22. The current Days Payable is 27.22 and 41.9% below the Business Services industry median of 46.84. FlexShopper'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 FlexShopper (FRA:9FL), the current Days Payable is 27.22 as of Dec. 2024. 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.

FlexShopper Business Description

Industry Industrials Business Services

Comparable Companies URI LSE:AHT AER FTAI TSX:EFN XPAR:AYV UHAL BSP:RENT3 R AL HKSE:02588 TSE:8439 GATX HRI CAR SZSE:000415 WSC XTER:SIX2 HKSE:01606 MGRC

Address 901 Yamato Road, Suite 260, Boca Raton, FL, USA, 33431

Website https://www.flexshopper.com

FlexShopper Inc is a financial technology company engaged in providing certain types of durable goods to consumers on a lease-to-own basis and providing lease-to-own (LTO) terms to consumers of third-party retailers and e-tailers. Its products include electronics, computers, furniture, mattresses, cameras and camcorders, audio, musical instruments, health, fitness and sports, video games, homes, gardens and tools, appliances, and vacuums on a payment, lease basis. The firm generates a majority of its revenue by leasing its products. The company enables consumers utilizing its e-commerce marketplace to shop for brand-name electronics, home furnishings, and other durable goods on a lease-to-own (LTO) basis.

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