FRTG (Frontera Group) Days Payable: 177.02 (As of Dec. 2022)


What is Frontera Group Days Payable?

Frontera Group FRTG +3.33% Days Payable is 177.02 as of Dec. 2022.

Frontera Group's average Accounts Payable for the three months ended in Dec. 2022 was $0.55 Mil. Frontera Group's Cost of Goods Sold for the three months ended in Dec. 2022 was $0.28 Mil. Hence, Frontera Group's Days Payable for the three months ended in Dec. 2022 was 177.02.

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

FRTG's Days Payable is not ranked *
in the Business Services industry.
Industry Median: 46.92
* Ranked among companies with meaningful Days Payable only.

Frontera Group's Days Payable increased from Dec. 2021 (0.00) to Dec. 2022 (177.02). It may suggest that Frontera Group delayed paying its suppliers.

Frontera Group Days Payable Historical Data

* Premium members only.

The historical data trend for Frontera Group'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.

Frontera Group Days Payable Chart

Frontera Group Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22
Days Payable
Get a 7-Day Free Trial Premium Member Only 0.00 0.00 0.00 0.00 198.58

Frontera Group Quarterly Data
Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22
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 0.00 0.00 593.99 112.91 177.02

FRTG vs CTAS, CPRT, GPN: Days Payable Comparison

For the Specialty Business Services subindustry, Frontera Group'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.

Frontera Group Days Payable vs Business Services Industry

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

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


Frontera Group 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.

Frontera Group's Days Payable for the fiscal year that ended in Jun. 2022 is calculated as

Days Payable (A: Jun. 2022 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Jun. 2021 ) + Accounts Payable (A: Jun. 2022 )) / count ) / Cost of Goods Sold (A: Jun. 2022 )*Days in Period
=( (0.018 + 0.439) / 2 ) / 0.42*365
=0.2285 / 0.42*365
=198.58

Frontera Group's Days Payable for the quarter that ended in Dec. 2022 is calculated as:

Days Payable (Q: Dec. 2022 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Sep. 2022 ) + Accounts Payable (Q: Dec. 2022 )) / count ) / Cost of Goods Sold (Q: Dec. 2022 )*Days in Period
=( (0.395 + 0.703) / 2 ) / 0.283*365 / 4
=0.549 / 0.283*365 / 4
=177.02

* 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 177.02 mean?
Frontera Group (FRTG) has a Days Payable of 177.02 as of Dec. 2022. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Frontera Group and its competitors.
Is Frontera Group's Days Payable too high?
Frontera Group's current Days Payable is 177.02. The Business Services industry median Days Payable is 46.92. Frontera Group's value of 177.02 is 277.3% above this industry median.
How does Frontera Group's Days Payable compare to CTAS and CPRT?
Frontera Group's Days Payable of 177.02 can be compared against companies in the Business Services industry. The industry median Days Payable is 46.92. Frontera Group's value of 177.02 is 277.3% above 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 46.92, 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. Frontera Group's current Days Payable of 177.02 is 277.3% above 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 Frontera Group and its competitors. For the Business Services industry, the median Days Payable is 46.92 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Frontera Group's current Days Payable is 177.02. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Frontera Group stock overvalued right now?
Frontera Group (FRTG) has a current Days Payable of 177.02. The current Days Payable is 177.02 and 277.3% above the Business Services industry median of 46.92. 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 Frontera Group (FRTG), the current Days Payable is 177.02 as of Dec. 2022. 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.

Frontera Group Business Description

Address 701 South Carson Street, Suite 200, Carson City, NV, USA, 89701
Frontera Group Inc is organized as an export management company providing business development and market consultancy services to assist small and medium-sized enterprises (SMEs) seeking to enter new markets in Central and South America. The Company's principal products and services include providing export management and business development consulting services to assist SMEs, including market entry planning, trade facilitation, cross-border regulatory guidance, and business development advisory.