ForFarmers NV (XAMS:FFARM) Days Payable : 58.60 (As of Dec. 2023)

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What is ForFarmers NV Days Payable?

ForFarmers NV's average Accounts Payable for the six months ended in Dec. 2023 was €361 Mil. ForFarmers NV's Cost of Goods Sold for the six months ended in Dec. 2023 was €1,126 Mil. Hence, ForFarmers NV's Days Payable for the six months ended in Dec. 2023 was 58.60.

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

XAMS:FFARM' s Days Payable Range Over the Past 10 Years
Min: 36.42 Med: 46.64 Max: 58.43
Current: 57.14

During the past 11 years, ForFarmers NV's highest Days Payable was 58.43. The lowest was 36.42. And the median was 46.64.

XAMS:FFARM's Days Payable is ranked better than
61.86% of 1788 companies
in the Consumer Packaged Goods industry
Industry Median: 46.105 vs XAMS:FFARM: 57.14

ForFarmers NV's Days Payable increased from Dec. 2022 (53.95) to Dec. 2023 (58.60). It may suggest that ForFarmers NV delayed paying its suppliers.

ForFarmers NV Days Payable Historical Data

The historical data trend for ForFarmers NV'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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ForFarmers NV Days Payable Chart

ForFarmers NV Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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49.11

53.27

53.18

52.90

58.43

ForFarmers NV Semi-Annual Data
	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Payable	Get a 7-Day Free Trial														54.36	53.98	53.95	54.76	58.60

Competitive Comparison of ForFarmers NV's Days Payable

For the Packaged Foods subindustry, ForFarmers NV'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.

ForFarmers NV's Days Payable Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, ForFarmers NV's Days Payable distribution charts can be found below:

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

ForFarmers NV 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.

ForFarmers NV's Days Payable for the fiscal year that ended in Dec. 2023 is calculated as

	Days Payable (A: Dec. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Dec. 2022 )	+	Accounts Payable (A: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2023 )	*	Days in Period
=	( (449.9	+	349.7)	/	2 )	/	2497.4	*	365
=	399.8					/	2497.4	*	365
=	58.43

ForFarmers NV's Days Payable for the quarter that ended in Dec. 2023 is calculated as:

	Days Payable (Q: Dec. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Jun. 2023 )	+	Accounts Payable (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (373.2	+	349.7)	/	2 )	/	1125.7	*	365 / 2
=	361.45					/	1125.7	*	365 / 2
=	58.60

ForFarmers NV Days Payable Related Terms

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

ForFarmers NV (XAMS:FFARM) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » ForFarmers NV (XAMS:FFARM) » Definitions » Days Payable

Traded in Other Exchanges

0RHZ:UK 5FF:Germany

Address

Kwinkweerd 12, Lochem, NLD, 7241 CW

Website

https://www.forfarmersgroup.eu

ForFarmers NV is a feed company, active in North-West Europe. Its business operations comprise sourcing of ingredients, production, and sale of feed products, the sale of crop products, and associated outbound logistics. It also offers complementary services including advice on animal nutrition and livestock farming and assistance with farm management and business development. The company has Ruminant, Swine, Poultry and Horse, Goat, and Sheep segments. It operates in the Netherlands, Germany, Belgium, Poland, and the United Kingdom.

ForFarmers NV (XAMS:FFARM) Headlines

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