Flowgroup (LSE:FLOW) Days Payable: 22.56 (As of Jun. 2017) — 97% Below Median


What is Flowgroup Days Payable?

Flowgroup LSE:FLOW Days Payable is 22.56 as of Jun. 2017, which is 97% below its 10-year median of 876.55. The stock has 4 warning signs investors should review.

Flowgroup's average Accounts Payable for the six months ended in Jun. 2017 was £8.4 Mil. Flowgroup's Cost of Goods Sold for the six months ended in Jun. 2017 was £68.0 Mil. Hence, Flowgroup's Days Payable for the six months ended in Jun. 2017 was 22.56.

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

LSE:FLOW' s Days Payable Range Over the Past 10 Years
Min: 6.13   Med: 876.55   Max: 3452.29
Current: 24.29

During the past 12 years, Flowgroup's highest Days Payable was 3452.29. The lowest was 6.13. And the median was 876.55.

LSE:FLOW's Days Payable is not ranked
in the Utilities - Regulated industry.
Industry Median: 70.35 vs LSE:FLOW: 24.29

Flowgroup's Days Payable increased from Jun. 2016 (12.28) to Jun. 2017 (22.56). It may suggest that Flowgroup delayed paying its suppliers.


Flowgroup Days Payable Historical Data

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The historical data trend for Flowgroup'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.

Flowgroup Days Payable Chart

Flowgroup Annual Data
Trend Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 14,463.13 24.67 7.81 14.80 20.89

Flowgroup Semi-Annual Data
Dec07 Jun08 Dec08 Jun09 Dec09 Jun10 Dec10 Jun11 Dec11 Jun12 Dec12 Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17
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 5.29 23.87 12.28 26.31 22.56

LSE:FLOW vs BLSP, PRHL, ARAO: Days Payable Comparison

For the Utilities - Diversified subindustry, Flowgroup'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.


Flowgroup Days Payable vs Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Flowgroup's Days Payable distribution charts can be found below:

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



Flowgroup 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.

Flowgroup's Days Payable for the fiscal year that ended in Dec. 2016 is calculated as

Days Payable (A: Dec. 2016 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Dec. 2015 ) + Accounts Payable (A: Dec. 2016 )) / count ) / Cost of Goods Sold (A: Dec. 2016 )*Days in Period
=( (2.472 + 8.403) / 2 ) / 95.009*365
=5.4375 / 95.009*365
=20.89

Flowgroup's Days Payable for the quarter that ended in Jun. 2017 is calculated as:

Days Payable (Q: Jun. 2017 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Dec. 2016 ) + Accounts Payable (Q: Jun. 2017 )) / count ) / Cost of Goods Sold (Q: Jun. 2017 )*Days in Period
=( (8.403 + 0) / 1 ) / 67.991*365 / 2
=8.403 / 67.991*365 / 2
=22.56

* 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 22.56 mean?
Flowgroup (LSE:FLOW) has a Days Payable of 22.56 as of Jun. 2017. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Flowgroup and its competitors. This is 97% below median its historical median of 876.55. Over the past decade, Flowgroup's Days Payable has ranged from 6.13 to 3,452.29.
Is Flowgroup's Days Payable too high?
Flowgroup's current Days Payable of 22.56 is 97% below median its 10-year median of 876.55. Over the past 10 years, this metric has ranged from a low of 6.13 to a high of 3,452.29. The Utilities - Regulated industry median Days Payable is 70.35. Flowgroup's value of 22.56 is 67.9% below this industry median.
How does Flowgroup's Days Payable compare to BLSP and PRHL?
Flowgroup's Days Payable of 22.56 can be compared against companies in the Utilities - Regulated industry. The industry median Days Payable is 70.35. Flowgroup's value of 22.56 is 67.9% below this benchmark. Historically, Flowgroup's own Days Payable has ranged from 6.13 to 3,452.29 over the past decade. While the company's 10-year median is 876.55 vs. the industry median of 70.35, Flowgroup has consistently been below the industry average. 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 Utilities - Regulated company?
The median Days Payable among Utilities - Regulated companies is 70.35, based on 483 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. Flowgroup's current Days Payable of 22.56 is 67.9% 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 Flowgroup and its competitors. For the Utilities - Regulated industry, the median Days Payable is 70.35 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Flowgroup's current Days Payable is 22.56, which is 97% below median its own 10-year median of 876.55. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Flowgroup stock overvalued right now?
Flowgroup (LSE:FLOW) has a current Days Payable of 22.56. The current Days Payable is 22.56, which is 97% below median its 10-year median of 876.55 and 67.9% below the Utilities - Regulated industry median of 70.35. 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 Flowgroup (LSE:FLOW), the current Days Payable is 22.56 as of Jun. 2017. 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.

Flowgroup Business Description

Flowgroup PLC is the UK-based an energy company. The company and its subsidiaries supply energy and provide a range of energy technologies and services. The group's operating segments comprise Flow Products, Flow Battery, and Flow Energy. Flow Products Division supplies products for distributed generation and load shifting; Flow Battery division provides energy supply and services, and Flow Energy segment provides compressed air battery products.