Fairway Group Holdings (FRA:FGWA) Days Payable: 25.40 (As of Dec. 2015) — Near Median


What is Fairway Group Holdings Days Payable?

Fairway Group Holdings FRA:FGWA -96.67% Days Payable is 25.40 as of Dec. 2015, which is 3% above its 10-year median of 24.69. The stock has 1 warning sign investors should review.

Fairway Group Holdings's average Accounts Payable for the three months ended in Dec. 2015 was €33.7 Mil. Fairway Group Holdings's Cost of Goods Sold for the three months ended in Dec. 2015 was €121.2 Mil. Hence, Fairway Group Holdings's Days Payable for the three months ended in Dec. 2015 was 25.40.

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

FRA:FGWA' s Days Payable Range Over the Past 10 Years
Min: 21.23   Med: 24.69   Max: 32.29
Current: 28.58

During the past 6 years, Fairway Group Holdings's highest Days Payable was 32.29. The lowest was 21.23. And the median was 24.69.

FRA:FGWA's Days Payable is not ranked
in the Retail - Defensive industry.
Industry Median: 43.31 vs FRA:FGWA: 28.58

Fairway Group Holdings's Days Payable increased from Dec. 2014 (23.17) to Dec. 2015 (25.40). It may suggest that Fairway Group Holdings delayed paying its suppliers.

Fairway Group Holdings Days Payable Historical Data

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The historical data trend for Fairway Group Holdings'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.

Fairway Group Holdings Days Payable Chart

Fairway Group Holdings Annual Data
Trend Mar10 Mar11 Mar12 Mar13 Mar14 Mar15
Days Payable
Get a 7-Day Free Trial 0.00 25.75 26.60 26.45 19.47

Fairway Group Holdings Quarterly Data
Mar10 Mar11 Jun11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15
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 23.17 21.52 21.40 23.01 25.40

FRA:FGWA vs IFMK: Days Payable Comparison

For the Grocery Stores subindustry, Fairway Group Holdings'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.

Fairway Group Holdings Days Payable vs Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, Fairway Group Holdings's Days Payable distribution charts can be found below:

* The bar in red indicates where Fairway Group Holdings's Days Payable falls into.


Fairway Group Holdings 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.

Fairway Group Holdings's Days Payable for the fiscal year that ended in Mar. 2015 is calculated as

Days Payable (A: Mar. 2015 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Mar. 2014 ) + Accounts Payable (A: Mar. 2015 )) / count ) / Cost of Goods Sold (A: Mar. 2015 )*Days in Period
=( (24.561 + 29.45) / 2 ) / 506.231*365
=27.0055 / 506.231*365
=19.47

Fairway Group Holdings's Days Payable for the quarter that ended in Dec. 2015 is calculated as:

Days Payable (Q: Dec. 2015 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Sep. 2015 ) + Accounts Payable (Q: Dec. 2015 )) / count ) / Cost of Goods Sold (Q: Dec. 2015 )*Days in Period
=( (29.791 + 37.668) / 2 ) / 121.182*365 / 4
=33.7295 / 121.182*365 / 4
=25.40

* 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.

Frequently Asked Questions Learn more about Days Payable →
What does a Days Payable of 25.40 mean?
Fairway Group Holdings (FRA:FGWA) has a Days Payable of 25.40 as of Dec. 2015. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Fairway Group Holdings and its competitors. This is near median its historical median of 24.69. Over the past decade, Fairway Group Holdings' Days Payable has ranged from 21.23 to 32.29.
Is Fairway Group Holdings' Days Payable too high?
Fairway Group Holdings' current Days Payable of 25.40 is near median its 10-year median of 24.69. Over the past 10 years, this metric has ranged from a low of 21.23 to a high of 32.29. The Retail - Defensive industry median Days Payable is 43.31. Fairway Group Holdings' value of 25.40 is 41.4% below this industry median.
How does Fairway Group Holdings' Days Payable compare to IFMK?
Fairway Group Holdings' Days Payable of 25.40 can be compared against companies in the Retail - Defensive industry. The industry median Days Payable is 43.31. Fairway Group Holdings' value of 25.40 is 41.4% below this benchmark. Historically, Fairway Group Holdings' own Days Payable has ranged from 21.23 to 32.29 over the past decade. While the company's 10-year median is 24.69 vs. the industry median of 43.31, Fairway Group Holdings has consistently been below the industry average. 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 Retail - Defensive company?
The median Days Payable among Retail - Defensive companies is 43.31, based on 302 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. Fairway Group Holdings's current Days Payable of 25.40 is 41.4% 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 Fairway Group Holdings and its competitors. For the Retail - Defensive industry, the median Days Payable is 43.31 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Fairway Group Holdings's current Days Payable is 25.40, which is near median its own 10-year median of 24.69. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Fairway Group Holdings stock overvalued right now?
Fairway Group Holdings (FRA:FGWA) has a current Days Payable of 25.40. The current Days Payable is 25.40, which is near median its 10-year median of 24.69 and 41.4% below the Retail - Defensive industry median of 43.31. 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 Fairway Group Holdings (FRA:FGWA), the current Days Payable is 25.40 as of Dec. 2015. 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.

Fairway Group Holdings Business Description

Fairway Group Holdings Corp along with its subsidiaries operates in the retail food industry. The company sells fresh, natural and organic products, prepared foods and hard to find specialty and gourmet offerings, along with a full assortment of conventional groceries. Its perishable product categories, which include producing, natural and organic, deli, specialty, cheese, butcher, seafood, bakery, coffee and kosher foods. The non-perishable product categories consist of conventional groceries as well as specialty foods.