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FTRPR.PFD (Frontier Communications) Days Payable : 77.05 (As of Mar. 2021)


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What is Frontier Communications Days Payable?

Frontier Communications's average Accounts Payable for the three months ended in Mar. 2021 was $523.50 Mil. Frontier Communications's Cost of Goods Sold for the three months ended in Mar. 2021 was $620.00 Mil. Hence, Frontier Communications's Days Payable for the three months ended in Mar. 2021 was 77.05.

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

FTRPR.PFD' s Days Payable Range Over the Past 10 Years
Min: 55.64   Med: 73.07   Max: 336.52
Current: 70.49

During the past 13 years, Frontier Communications's highest Days Payable was 336.52. The lowest was 55.64. And the median was 73.07.

FTRPR.PFD's Days Payable is not ranked
in the Telecommunication Services industry.
Industry Median: 106.1 vs FTRPR.PFD: 70.49

Frontier Communications's Days Payable increased from Mar. 2020 (49.63) to Mar. 2021 (77.05). It may suggest that Frontier Communications delayed paying its suppliers.


Frontier Communications Days Payable Historical Data

The historical data trend for Frontier Communications'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.

Frontier Communications Days Payable Chart

Frontier Communications Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 63.54 64.79 57.88 55.64 66.01

Frontier Communications Quarterly Data
Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21
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 49.63 59.35 76.25 80.08 77.05

Competitive Comparison of Frontier Communications's Days Payable

For the Telecom Services subindustry, Frontier Communications'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.


Frontier Communications's Days Payable Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Frontier Communications's Days Payable distribution charts can be found below:

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


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Frontier Communications 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.

Frontier Communications's Days Payable for the fiscal year that ended in Dec. 2020 is calculated as

Days Payable (A: Dec. 2020 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Dec. 2019 ) + Accounts Payable (A: Dec. 2020 )) / count ) / Cost of Goods Sold (A: Dec. 2020 )*Days in Period
=( (437 + 540) / 2 ) / 2701*365
=488.5 / 2701*365
=66.01

Frontier Communications's Days Payable for the quarter that ended in Mar. 2021 is calculated as:

Days Payable (Q: Mar. 2021 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Dec. 2020 ) + Accounts Payable (Q: Mar. 2021 )) / count ) / Cost of Goods Sold (Q: Mar. 2021 )*Days in Period
=( (540 + 507) / 2 ) / 620*365 / 4
=523.5 / 620*365 / 4
=77.05

* 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.


Frontier Communications Days Payable Related Terms

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


Frontier Communications Business Description

Traded in Other Exchanges
N/A
Address
401 Merritt 7, Norwalk, CT, USA, 06851
Frontier Communications Corp is a provider of communications services for consumer and commercial customers in the United States. The portfolio of its services includes Data and Internet services, Video services, Voice services including both the regulated and unregulated voices, Access services, and Advanced Hardware and Network Solutions.
Executives
Sheldon Bruha officer: Chief Financial Officer 401 MERRITT 7, NORWALK CT 06851
John Maduri officer: EVP, Chief Customer Officer 401 MERRITT 7, NORWALK CT 06851
Steve Gable officer: EVP, Chief Technology Officer FRONTIER COMMUNICATIONS, 401 MERRITT 7, NORWALK CT 06851
Mark D Nielsen officer: EVP and Chief Legal Officer FRONTIER COMMUNICATIONS, 401 MERRITT 7, NORWALK CT 06851
Donald Daniels officer: SVP & Chief Accounting Officer FRONTIER COMMUNICATIONS, 401 MERRITT 7, NORWALK CT 06851
Kenneth Arndt officer: EVP, Chief Operations Officer 401 MERRITT 7, NORWALK CT 06851
Elisa Bannon-jones officer: EVP, Chief HR Officer 401 MERRITT 7, NORWALK CT 06851
Bernard L Han director, officer: President and CEO DISH NETWORK CORPORATION, 9601 S. MERIDIAN BLVD., ENGLEWOOD CO 80112
Mohsin Y Meghji director C/O LOUGHLIN MEGHJI + COMPANY, NEW YORK NY 10016
Paul Keglevic director STELLUS CAPITAL, 10000 MEMORIAL DRIVE STE 500, HOUSTON TX 77024
Kevin L Beebe director ONE ALLIED DRIVE, LITTLE ROCK AR 72202
Reeve Pamela D A director C/O AMERICAN TOWER CORPORATION, 116 HUNTINGTON AVE, BOSTON MA 02116
Diana Sue Ferguson director C/O SARA LEE CORP, 70 W MADISO ST, CHICAGO IL 60602
Virginia P Ruesterholz director 140 WEST STREET, NEW YORK NY 10007
Mark S Shapiro director C/O RED ZONE LLC, 21300 REDSKIN PARK DRIVE, ASHBURN VA 20147