Fast Finance (WAR:FFI) Days Payable: 386,687.08 (As of Jun. 2023)


WAR:FFI Fast Finance SA WAR:FFI
4 GF Score
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What is Fast Finance Days Payable?

Fast Finance WAR:FFI 4 Days Payable is 386,687.08 as of Jun. 2023. GuruFocus rates WAR:FFI with a GF Score™ of 4/100.

Fast Finance's average Accounts Payable for the three months ended in Jun. 2023 was zł12.71 Mil. Fast Finance's Cost of Goods Sold for the three months ended in Jun. 2023 was zł0.00 Mil. Hence, Fast Finance's Days Payable for the three months ended in Jun. 2023 was 386,687.08.

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

WAR:FFI's Days Payable is not ranked *
in the Credit Services industry.
Industry Median: 33.92
* Ranked among companies with meaningful Days Payable only.

Fast Finance's Days Payable increased from Jun. 2022 (0.00) to Jun. 2023 (386,687.08). It may suggest that Fast Finance delayed paying its suppliers.

Fast Finance Days Payable Historical Data

* Premium members only.

The historical data trend for Fast Finance'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.

Fast Finance Days Payable Chart

Fast Finance Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 486.31 3,881.78 2,677.52 3,182.95 55,903.19

Fast Finance Quarterly Data
Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23
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 0.00 0.00 386,687.08

WAR:FFI vs V, MA, AXP: Days Payable Comparison

For the Credit Services subindustry, Fast Finance'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.

Fast Finance Days Payable vs Credit Services Industry

For the Credit Services industry and Financial Services sector, Fast Finance's Days Payable distribution charts can be found below:

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


WAR:FFI
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Fast Finance SA WAR:FFI
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Fast Finance 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.

Fast Finance's Days Payable for the fiscal year that ended in Dec. 2022 is calculated as

Days Payable (A: Dec. 2022 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Dec. 2021 ) + Accounts Payable (A: Dec. 2022 )) / count ) / Cost of Goods Sold (A: Dec. 2022 )*Days in Period
=( (8.903 + 12.233) / 2 ) / 0.069*365
=10.568 / 0.069*365
=55,903.19

Fast Finance's Days Payable for the quarter that ended in Jun. 2023 is calculated as:

Days Payable (Q: Jun. 2023 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Mar. 2023 ) + Accounts Payable (Q: Jun. 2023 )) / count ) / Cost of Goods Sold (Q: Jun. 2023 )*Days in Period
=( (12.526 + 12.9) / 2 ) / 0.003*365 / 4
=12.713 / 0.003*365 / 4
=386,687.08

* 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 386,687.08 mean?
Fast Finance (WAR:FFI) has a Days Payable of 386,687.08 as of Jun. 2023. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Fast Finance and its competitors.
Is Fast Finance's Days Payable too high?
Fast Finance's current Days Payable is 386,687.08. The Credit Services industry median Days Payable is 33.92. Fast Finance's value of 386,687.08 is 1139897.3% above this industry median. Overall, Fast Finance has a GF Score™ of 4/100, reflecting its overall financial health beyond just this single metric.
How does Fast Finance's Days Payable compare to V and MA?
Fast Finance's Days Payable of 386,687.08 can be compared against companies in the Credit Services industry. The industry median Days Payable is 33.92. Fast Finance's value of 386,687.08 is 1139897.3% 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 Credit Services company?
The median Days Payable among Credit Services companies is 33.92, based on 300 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. Fast Finance's current Days Payable of 386,687.08 is 1139897.3% 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 Fast Finance and its competitors. For the Credit Services industry, the median Days Payable is 33.92 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Fast Finance's current Days Payable is 386,687.08. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Fast Finance stock overvalued right now?
Fast Finance (WAR:FFI) has a current Days Payable of 386,687.08. The current Days Payable is 386,687.08 and 1139897.3% above the Credit Services industry median of 33.92. Fast Finance's overall GF Score™ is 4/100. 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 Fast Finance (WAR:FFI), the current Days Payable is 386,687.08 as of Jun. 2023. 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.

Fast Finance Business Description

Address ul. Borowska 283B, Wroclaw, POL, 50-556
Fast Finance SA is a debt collection company. The company is engaged in the recovery of debt portfolios of natural persons, purchased from business entities operating on a regulated market, mainly banks and telecommunications companies. It is also an issuer of corporate bonds listed on the Catalyst market.
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