FSCR (Federal Screw Works) Days Payable: 20.81 (As of Dec. 2004)


What is Federal Screw Works Days Payable?

Federal Screw Works FSCR -0.27% Days Payable is 20.81 as of Dec. 2004.

Federal Screw Works's average Accounts Payable for the three months ended in Dec. 2004 was $4.77 Mil. Federal Screw Works's Cost of Goods Sold for the three months ended in Dec. 2004 was $20.91 Mil. Hence, Federal Screw Works's Days Payable for the three months ended in Dec. 2004 was 20.81.

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

FSCR's Days Payable is not ranked *
in the Industrial Products industry.
Industry Median: 77.54
* Ranked among companies with meaningful Days Payable only.

Federal Screw Works's Days Payable increased from Dec. 2003 (18.04) to Dec. 2004 (20.81). It may suggest that Federal Screw Works delayed paying its suppliers.

Federal Screw Works Days Payable Historical Data

* Premium members only.

The historical data trend for Federal Screw Works'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.

Federal Screw Works Days Payable Chart

Federal Screw Works Annual Data
Trend Jun95 Jun96 Jun97 Jun98 Jun99 Jun00 Jun01 Jun02 Jun03 Jun04
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 21.36 24.36 22.25 20.73 22.05

Federal Screw Works Quarterly Data
Mar00 Jun00 Sep00 Dec00 Mar01 Jun01 Sep01 Dec01 Mar02 Jun02 Sep02 Dec02 Mar03 Jun03 Sep03 Dec03 Mar04 Jun04 Sep04 Dec04
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 18.04 17.30 20.89 25.19 20.81

FSCR vs PAOS, PFIN: Days Payable Comparison

For the Tools & Accessories subindustry, Federal Screw Works'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.

Federal Screw Works Days Payable vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Federal Screw Works's Days Payable distribution charts can be found below:

* The bar in red indicates where Federal Screw Works's Days Payable falls into.


Federal Screw Works 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.

Federal Screw Works's Days Payable for the fiscal year that ended in Jun. 2004 is calculated as

Days Payable (A: Jun. 2004 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Jun. 2003 ) + Accounts Payable (A: Jun. 2004 )) / count ) / Cost of Goods Sold (A: Jun. 2004 )*Days in Period
=( (4.318 + 5.782) / 2 ) / 83.589*365
=5.05 / 83.589*365
=22.05

Federal Screw Works's Days Payable for the quarter that ended in Dec. 2004 is calculated as:

Days Payable (Q: Dec. 2004 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Sep. 2004 ) + Accounts Payable (Q: Dec. 2004 )) / count ) / Cost of Goods Sold (Q: Dec. 2004 )*Days in Period
=( (5.237 + 4.303) / 2 ) / 20.914*365 / 4
=4.77 / 20.914*365 / 4
=20.81

* 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 20.81 mean?
Federal Screw Works (FSCR) has a Days Payable of 20.81 as of Dec. 2004. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Federal Screw Works and its competitors.
Is Federal Screw Works' Days Payable too high?
Federal Screw Works' current Days Payable is 20.81. The Industrial Products industry median Days Payable is 77.54. Federal Screw Works' value of 20.81 is 73.2% below this industry median.
How does Federal Screw Works' Days Payable compare to PAOS and PFIN?
Federal Screw Works' Days Payable of 20.81 can be compared against companies in the Industrial Products industry. The industry median Days Payable is 77.54. Federal Screw Works' value of 20.81 is 73.2% below 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 an Industrial Products company?
The median Days Payable among Industrial Products companies is 77.54, based on 2,997 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. Federal Screw Works's current Days Payable of 20.81 is 73.2% 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 Federal Screw Works and its competitors. For the Industrial Products industry, the median Days Payable is 77.54 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Federal Screw Works's current Days Payable is 20.81. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Federal Screw Works stock overvalued right now?
Federal Screw Works (FSCR) has a current Days Payable of 20.81. The current Days Payable is 20.81 and 73.2% below the Industrial Products industry median of 77.54. 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 Federal Screw Works (FSCR), the current Days Payable is 20.81 as of Dec. 2004. 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.

Federal Screw Works Business Description

Address 34846 Goddard Road, Romulus, MI, USA, 48174
Federal Screw Works operates as the manufacturer and marketer of industrial component parts. The group offers parts such as locknuts, bolts, piston pins, studs, bushings, shafts, and other machined, cold-formed, hardened, and ground metal parts, which are served by the automobile industry. Its component is used in the products of cold-formed and machined pins and products, close tolerance machined products, engineered nut products, cold-formed tooling, and complex cold-formed products. Geographically all the operations function through the United States.