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Firemans Contractors (Firemans Contractors) Days Payable : 173.44 (As of Mar. 2014)


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What is Firemans Contractors Days Payable?

Firemans Contractors's average Accounts Payable for the three months ended in Mar. 2014 was $0.25 Mil. Firemans Contractors's Cost of Goods Sold for the three months ended in Mar. 2014 was $0.13 Mil. Hence, Firemans Contractors's Days Payable for the three months ended in Mar. 2014 was 173.44.

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

FRCN's Days Payable is not ranked *
in the Construction industry.
Industry Median: 75.22
* Ranked among companies with meaningful Days Payable only.

Firemans Contractors's Days Payable increased from Mar. 2013 (124.72) to Mar. 2014 (173.44). It may suggest that Firemans Contractors delayed paying its suppliers.


Firemans Contractors Days Payable Historical Data

The historical data trend for Firemans Contractors'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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Firemans Contractors Days Payable Chart

Firemans Contractors Annual Data
Trend Jun11 Jun12 Jun13
Days Payable
34.33 83.76 115.21

Firemans Contractors Quarterly Data
Mar10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14
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 124.72 129.35 95.85 188.29 173.44

Competitive Comparison of Firemans Contractors's Days Payable

For the Engineering & Construction subindustry, Firemans Contractors'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.


Firemans Contractors's Days Payable Distribution in the Construction Industry

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

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



Firemans Contractors 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.

Firemans Contractors's Days Payable for the fiscal year that ended in Jun. 2013 is calculated as

Days Payable (A: Jun. 2013 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Jun. 2012 ) + Accounts Payable (A: Jun. 2013 )) / count ) / Cost of Goods Sold (A: Jun. 2013 )*Days in Period
=( (0.225 + 0.275) / 2 ) / 0.792*365
=0.25 / 0.792*365
=115.21

Firemans Contractors's Days Payable for the quarter that ended in Mar. 2014 is calculated as:

Days Payable (Q: Mar. 2014 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Dec. 2013 ) + Accounts Payable (Q: Mar. 2014 )) / count ) / Cost of Goods Sold (Q: Mar. 2014 )*Days in Period
=( (0.232 + 0.266) / 2 ) / 0.131*365 / 4
=0.249 / 0.131*365 / 4
=173.44

* 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.


Firemans Contractors Days Payable Related Terms

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Firemans Contractors (Firemans Contractors) Business Description

Traded in Other Exchanges
N/A
Address
2313 E Loop 820 N, Fort Worth, TX, USA, 76118
Firemans Contractors Inc is a full service painting company, focusing on residential, commercial and industrial parking lot striping, and parking lot maintenance services.

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