Fab-Form Industries (TSXV:FBF) Days Payable : 29.19 (As of Sep. 2024)

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What is Fab-Form Industries Days Payable?

Fab-Form Industries's average Accounts Payable for the three months ended in Sep. 2024 was C$0.29 Mil. Fab-Form Industries's Cost of Goods Sold for the three months ended in Sep. 2024 was C$0.91 Mil. Hence, Fab-Form Industries's Days Payable for the three months ended in Sep. 2024 was 29.19.

The historical rank and industry rank for Fab-Form Industries's Days Payable or its related term are showing as below:

TSXV:FBF' s Days Payable Range Over the Past 10 Years
Min: 4.72 Med: 28.08 Max: 50.36
Current: 39.91

During the past 13 years, Fab-Form Industries's highest Days Payable was 50.36. The lowest was 4.72. And the median was 28.08.

TSXV:FBF's Days Payable is ranked worse than
76.18% of 382 companies
in the Building Materials industry
Industry Median: 72.48 vs TSXV:FBF: 39.91

Fab-Form Industries's Days Payable increased from Sep. 2023 (20.78) to Sep. 2024 (29.19). It may suggest that Fab-Form Industries delayed paying its suppliers.

Fab-Form Industries Days Payable Historical Data

The historical data trend for Fab-Form Industries'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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Fab-Form Industries Days Payable Chart

Fab-Form Industries Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Jun23

Jun24

Days Payable

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37.92

17.70

4.72

9.89

Fab-Form Industries Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Days Payable	Get a 7-Day Free Trial															20.78	40.85	60.00	27.88	29.19

Competitive Comparison of Fab-Form Industries's Days Payable

For the Building Materials subindustry, Fab-Form Industries'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.

Fab-Form Industries's Days Payable Distribution in the Building Materials Industry

For the Building Materials industry and Basic Materials sector, Fab-Form Industries's Days Payable distribution charts can be found below:

* The bar in red indicates where Fab-Form Industries's Days Payable falls into.

Fab-Form Industries 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.

Fab-Form Industries's Days Payable for the fiscal year that ended in Jun. 2024 is calculated as

	Days Payable (A: Jun. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Jun. 2023 )	+	Accounts Payable (A: Jun. 2024 ))	/	count )	/	Cost of Goods Sold (A: Jun. 2024 )	*	Days in Period
=	( (0.064	+	0.098)	/	2 )	/	2.988	*	365
=	0.081					/	2.988	*	365
=	9.89

Fab-Form Industries's Days Payable for the quarter that ended in Sep. 2024 is calculated as:

	Days Payable (Q: Sep. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Jun. 2024 )	+	Accounts Payable (Q: Sep. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Sep. 2024 )	*	Days in Period
=	( (0.098	+	0.481)	/	2 )	/	0.905	*	365 / 4
=	0.2895					/	0.905	*	365 / 4
=	29.19

Fab-Form Industries Days Payable Related Terms

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Fab-Form Industries Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Building Materials » Fab-Form Industries Ltd (TSXV:FBF) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

FABFF:USA

Address

1610 Derwent Way, Unit 19, Delta, BC, CAN, V3M 6W1

Website

https://www.fab-form.com

Fab-Form Industries Ltd is a Canadian based company that develops, manufactures and distributes proprietary technology to form concrete footings, columns, foundations and walls for building structures. The company also distributes Helix micro rebar into the BC market and Nudura insulating concrete form into the Lower Mainland of BC market.

Executives

Richard Neil Fearn	Director, Director or Senior Officer of 10% Security Holder, Senior Officer
Nigel Peter Protter	Director
John Rodway Hoffmeister	Deemed Insider - 6 Months before becoming Insider

Fab-Form Industries Headlines

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