Favorit Hold AD (XBUL:FAVH) Days Payable : 145.88 (As of Dec. 2023)

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What is Favorit Hold AD Days Payable?

Favorit Hold AD's average Accounts Payable for the three months ended in Dec. 2023 was лв27.93 Mil. Favorit Hold AD's Cost of Goods Sold for the three months ended in Dec. 2023 was лв17.47 Mil. Hence, Favorit Hold AD's Days Payable for the three months ended in Dec. 2023 was 145.88.

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

XBUL:FAVH' s Days Payable Range Over the Past 10 Years
Min: 16.67 Med: 106.78 Max: 224.5
Current: 172.89

During the past 13 years, Favorit Hold AD's highest Days Payable was 224.50. The lowest was 16.67. And the median was 106.78.

XBUL:FAVH's Days Payable is ranked better than
57.33% of 525 companies
in the Capital Markets industry
Industry Median: 96.48 vs XBUL:FAVH: 172.89

Favorit Hold AD's Days Payable declined from Dec. 2022 (291.48) to Dec. 2023 (145.88). It may suggest that Favorit Hold AD accelerated paying its suppliers.

Favorit Hold AD Days Payable Historical Data

The historical data trend for Favorit Hold AD'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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Favorit Hold AD Days Payable Chart

Favorit Hold AD Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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117.79

184.66

205.02

224.50

182.08

Favorit Hold AD Quarterly Data
	Dec18	Mar19	Jun19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Payable	Get a 7-Day Free Trial															291.48	258.45	203.16	132.54	145.88

Competitive Comparison of Favorit Hold AD's Days Payable

For the Capital Markets subindustry, Favorit Hold AD'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.

Favorit Hold AD's Days Payable Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Favorit Hold AD's Days Payable distribution charts can be found below:

* The bar in red indicates where Favorit Hold AD's Days Payable falls into.

Favorit Hold AD 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.

Favorit Hold AD'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
=	( (25.882	+	28.076)	/	2 )	/	54.081	*	365
=	26.979					/	54.081	*	365
=	182.08

Favorit Hold AD'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: Sep. 2023 )	+	Accounts Payable (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (27.793	+	28.076)	/	2 )	/	17.473	*	365 / 4
=	27.9345					/	17.473	*	365 / 4
=	145.88

Favorit Hold AD Days Payable Related Terms

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Favorit Hold AD (XBUL:FAVH) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Favorit Hold AD (XBUL:FAVH) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Ul. Angel Kanchev 25, Sofia, BGR, 1000

Website

http://www.favhold.com

Favorit Hold AD is engaged in Acquisition, management, evaluation and sales of participation in Bulgarian and foreign companies; acquisition, management and sale of bonds; acquisition, management and sale of patents.

Favorit Hold AD (XBUL:FAVH) Headlines

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