FreightCar America (FRA:FAR) Days Payable : 46.81 (As of Dec. 2024)

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What is FreightCar America Days Payable?

FreightCar America's average Accounts Payable for the three months ended in Dec. 2024 was €57.2 Mil. FreightCar America's Cost of Goods Sold for the three months ended in Dec. 2024 was €111.4 Mil. Hence, FreightCar America's Days Payable for the three months ended in Dec. 2024 was 46.81.

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

FRA:FAR' s Days Payable Range Over the Past 10 Years
Min: 18.06 Med: 39.47 Max: 76.65
Current: 48.83

During the past 13 years, FreightCar America's highest Days Payable was 76.65. The lowest was 18.06. And the median was 39.47.

FRA:FAR's Days Payable is ranked better than
62.45% of 940 companies
in the Transportation industry
Industry Median: 36.315 vs FRA:FAR: 48.83

FreightCar America's Days Payable declined from Dec. 2023 (54.65) to Dec. 2024 (46.81). It may suggest that FreightCar America accelerated paying its suppliers.

FreightCar America Days Payable Historical Data

The historical data trend for FreightCar America'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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FreightCar America Days Payable Chart

FreightCar America Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Days Payable

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45.89

55.01

46.88

77.48

48.42

FreightCar America 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															54.65	48.80	42.55	56.81	46.81

Competitive Comparison of FreightCar America's Days Payable

For the Railroads subindustry, FreightCar America'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.

FreightCar America's Days Payable Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, FreightCar America's Days Payable distribution charts can be found below:

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

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FreightCar America 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.

FreightCar America'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
=	( (77.41	+	47.343)	/	2 )	/	470.226	*	365
=	62.3765					/	470.226	*	365
=	48.42

FreightCar America'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
=	( (66.994	+	47.343)	/	2 )	/	111.433	*	365 / 4
=	57.1685					/	111.433	*	365 / 4
=	46.81

FreightCar America Days Payable Related Terms

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FreightCar America Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » FreightCar America Inc (FRA:FAR) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

RAIL:USA RAIL:Mexico

Address

125 S. Wacker Drive, Suite 1500, Chicago, IL, USA, 60606

Website

https://www.freightcaramerica.com

FreightCar America Inc is a manufacturer of railcars and components, serving diverse transportation needs in North America. The company designs and produces a wide range of railcar types, including box cars, hoppers, covered hoppers, gondolas, and flat cars for both intermodal and non-intermodal freight. The company has two segments: The Manufacturing segment encompasses new railcar manufacturing, used railcar sales, leasing, and rebuilds, while the Aftermarket segment includes the selling of forged, cast and fabricated railcar parts and supplies for all railcar types, and provides aftermarket services including safety training, railcar inspections, and preventative maintenance. The company's revenue is predominantly derived from its Manufacturing segment.

FreightCar America Headlines

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