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Fleetwood (FRA:FZS) Days Payable : 140.14 (As of Jun. 2024)


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What is Fleetwood Days Payable?

Fleetwood's average Accounts Payable for the six months ended in Jun. 2024 was €26.0 Mil. Fleetwood's Cost of Goods Sold for the six months ended in Jun. 2024 was €33.9 Mil. Hence, Fleetwood's Days Payable for the six months ended in Jun. 2024 was 140.14.

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

FRA:FZS' s Days Payable Range Over the Past 10 Years
Min: 80.51   Med: 96.6   Max: 121.12
Current: 101.81

During the past 13 years, Fleetwood's highest Days Payable was 121.12. The lowest was 80.51. And the median was 96.60.

FRA:FZS's Days Payable is ranked better than
63.1% of 1656 companies
in the Construction industry
Industry Median: 75.77 vs FRA:FZS: 101.81

Fleetwood's Days Payable declined from Jun. 2023 (157.11) to Jun. 2024 (140.14). It may suggest that Fleetwood accelerated paying its suppliers.


Fleetwood Days Payable Historical Data

The historical data trend for Fleetwood'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.

Fleetwood Days Payable Chart

Fleetwood Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 103.14 79.26 88.42 91.79 84.54

Fleetwood Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
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 174.82 131.09 157.11 88.79 140.14

Competitive Comparison of Fleetwood's Days Payable

For the Engineering & Construction subindustry, Fleetwood'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.


Fleetwood's Days Payable Distribution in the Construction Industry

For the Construction industry and Industrials sector, Fleetwood's Days Payable distribution charts can be found below:

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



Fleetwood 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.

Fleetwood's Days Payable for the fiscal year that ended in Jun. 2024 is calculated as

Days Payable (A: Jun. 2024 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Jun. 2023 ) + Accounts Payable (A: Jun. 2024 )) / count ) / Cost of Goods Sold (A: Jun. 2024 )*Days in Period
=( (14.919 + 22.187) / 2 ) / 80.106*365
=18.553 / 80.106*365
=84.54

Fleetwood's Days Payable for the quarter that ended in Jun. 2024 is calculated as:

Days Payable (Q: Jun. 2024 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Dec. 2023 ) + Accounts Payable (Q: Jun. 2024 )) / count ) / Cost of Goods Sold (Q: Jun. 2024 )*Days in Period
=( (29.84 + 22.187) / 2 ) / 33.877*365 / 2
=26.0135 / 33.877*365 / 2
=140.14

* 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.


Fleetwood Days Payable Related Terms

Thank you for viewing the detailed overview of Fleetwood's Days Payable provided by GuruFocus.com. Please click on the following links to see related term pages.


Fleetwood Business Description

Traded in Other Exchanges
Address
464 Hay Street, Level 2, Subiaco, WA, AUS, 6008
Fleetwood Ltd is a modular construction company. The company works with government departments, owners, architects, and engineers to design and build custom modular buildings predominately for the affordable housing, education, custodial, and mining industries. The operating business segments are RV Solutions; Building Solutions and Community Solutions. It generates maximum revenue from the Building Solutions segment. Geographically, the company operates in Australia and New Zealand, with maximum revenue from Australia.

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