FG Group Holdings (FG Group Holdings) Days Payable : 42.96 (As of Sep. 2023)

View and export this data going back to 1995. Start your Free Trial

What is FG Group Holdings Days Payable?

FG Group Holdings's average Accounts Payable for the three months ended in Sep. 2023 was $3.76 Mil. FG Group Holdings's Cost of Goods Sold for the three months ended in Sep. 2023 was $7.99 Mil. Hence, FG Group Holdings's Days Payable for the three months ended in Sep. 2023 was 42.96.

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

FGH' s Days Payable Range Over the Past 10 Years
Min: 28.32 Med: 52.53 Max: 67.51
Current: 42.53

During the past 13 years, FG Group Holdings's highest Days Payable was 67.51. The lowest was 28.32. And the median was 52.53.

FGH's Days Payable is not ranked
in the Travel & Leisure industry.
Industry Median: 59.645 vs FGH: 42.53

FG Group Holdings's Days Payable declined from Sep. 2022 (53.84) to Sep. 2023 (42.96). It may suggest that FG Group Holdings accelerated paying its suppliers.

FG Group Holdings Days Payable Historical Data

The historical data trend for FG Group Holdings'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.

* Premium members only.

FG Group Holdings Days Payable Chart

FG Group Holdings Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Days Payable

Get a 7-Day Free Trial

28.32

53.18

59.27

67.51

51.88

FG Group Holdings Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Days Payable	Get a 7-Day Free Trial															53.84	46.71	49.86	32.79	42.96

Competitive Comparison of FG Group Holdings's Days Payable

For the Leisure subindustry, FG Group Holdings'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.

FG Group Holdings's Days Payable Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, FG Group Holdings's Days Payable distribution charts can be found below:

* The bar in red indicates where FG Group Holdings's Days Payable falls into.

FG Group Holdings 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.

FG Group Holdings'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
=	( (4.245	+	4.375)	/	2 )	/	30.321	*	365
=	4.31					/	30.321	*	365
=	51.88

FG Group Holdings's Days Payable for the quarter that ended in Sep. 2023 is calculated as:

	Days Payable (Q: Sep. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Jun. 2023 )	+	Accounts Payable (Q: Sep. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Sep. 2023 )	*	Days in Period
=	( (3.637	+	3.885)	/	2 )	/	7.988	*	365 / 4
=	3.761					/	7.988	*	365 / 4
=	42.96

FG Group Holdings Days Payable Related Terms

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

FG Group Holdings (FG Group Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » FG Group Holdings Inc (AMEX:FGH) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

5960 Fairview Road, Suite 275, Charlotte, NC, USA, 28210

Website

https://www.fg.group

FG Group Holdings Inc is a holding company with business operations in the entertainment industry and holdings in public and privately held companies. It manufactures and distributes projection screens and provides technical support services and other related products and services to the cinema exhibition industry, theme parks, schools, museums, and other entertainment-related markets. It also distributes and supports third-party products, including digital projectors, servers, library management systems, menu boards, and sound systems. It generates majority revenue from Strong Entertainment business segment.

Executives

Fundamental Global Gp, Llc	10 percent owner	108 GATEWAY BLVD., SUITE 204, MOORESVILLE NC 28117
Ballantyne Strong Holdings, Llc	10 percent owner	108 GATEWAY BLVD., SUITE 204, MOORESVILLE NC 28117
Joseph H Moglia	10 percent owner	AMERITRADE HOLDING CORP, 4211 S 102ND ST, OMAHA NE 68127
Kyle Cerminara	director, 10 percent owner	C/O FUNDAMENTAL GLOBAL INVESTORS, LLC, 108 GATEWAY BLVD., SUITE 204, MOORESVILLE NC 28117
Michael C Mitchell	director	C/O BALLANTYNE STRONG, INC., 4201 CONGRESS STREET, SUITE 175, CHARLOTTE NC 28209
Swets Larry G Jr	director	105 S. MAPLE ST., ITASCA IL 60143
Fundamental Global Investors, Llc	director, 10 percent owner	136 CORPORATE PARK DRIVE, SUITE G, MOORESVILLE NC 28117
Todd Robert Major	officer: CFO, Sec. & Treas.	4201 CONGRESS STREET, SUITE 175, CHARLOTTE NC 28209
Lewis M Johnson	director, 10 percent owner	C/O FUNDAMENTAL GLOBAL INVESTORS, LLC, 108 GATEWAY BLVD., SUITE 204, MOORESVILLE NC 28117
Mark D. Roberson	officer: CFO	27271 LAS RAMBLAS, STE. 200, MISSION VIEJO CA 92691
Jack H Jacobs	director	101 OAKS ROAD, MILLINGTON NJ 07946
Stephen L. Schilling	officer: President, CMS	C/O BALLANTYNE STRONG, INC., 13710 FNB PARKWAY, SUITE 400, OMAHA NE 68154
Lance V. Schulz	officer: CFO	C/O BALLANTYNE STRONG, INC., 11422 MIRACLE HILLS DRIVE, SUITE 300, OMAHA NE 68154
Robert J Roschman	director	1759 SE 10TH STREET, FORT LAUDERDALE FL 33316
Ryan M. Burke	officer: SVP & CFO	C/O BALLANTYNE STRONG, INC., 13710 FNB PARKWAY, SUITE 400, OMAHA NE 68154