Flowtech Fluidpower (LSE:FLO) Days Payable : 116.51 (As of Dec. 2023)

View and export this data going back to 2014. Start your Free Trial

What is Flowtech Fluidpower Days Payable?

Flowtech Fluidpower's average Accounts Payable for the six months ended in Dec. 2023 was £20.9 Mil. Flowtech Fluidpower's Cost of Goods Sold for the six months ended in Dec. 2023 was £32.7 Mil. Hence, Flowtech Fluidpower's Days Payable for the six months ended in Dec. 2023 was 116.51.

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

LSE:FLO' s Days Payable Range Over the Past 10 Years
Min: 48.79 Med: 59.06 Max: 93.38
Current: 93.38

During the past 13 years, Flowtech Fluidpower's highest Days Payable was 93.38. The lowest was 48.79. And the median was 59.06.

LSE:FLO's Days Payable is ranked better than
83.33% of 144 companies
in the Industrial Distribution industry
Industry Median: 53.42 vs LSE:FLO: 93.38

Flowtech Fluidpower's Days Payable increased from Dec. 2022 (81.23) to Dec. 2023 (116.51). It may suggest that Flowtech Fluidpower delayed paying its suppliers.

Flowtech Fluidpower Days Payable Historical Data

The historical data trend for Flowtech Fluidpower'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.

Flowtech Fluidpower Days Payable Chart

Flowtech Fluidpower Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

Get a 7-Day Free Trial

53.58

61.77

68.52

69.94

87.91

Flowtech Fluidpower Semi-Annual Data
	Jun14	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															95.78	90.37	81.23	78.60	116.51

Competitive Comparison of Flowtech Fluidpower's Days Payable

For the Industrial Distribution subindustry, Flowtech Fluidpower'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.

Flowtech Fluidpower's Days Payable Distribution in the Industrial Distribution Industry

For the Industrial Distribution industry and Industrials sector, Flowtech Fluidpower's Days Payable distribution charts can be found below:

* The bar in red indicates where Flowtech Fluidpower's Days Payable falls into.

Flowtech Fluidpower 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.

Flowtech Fluidpower'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
=	( (12.56	+	21.558)	/	2 )	/	70.832	*	365
=	17.059					/	70.832	*	365
=	87.91

Flowtech Fluidpower'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
=	( (20.248	+	21.558)	/	2 )	/	32.743	*	365 / 2
=	20.903					/	32.743	*	365 / 2
=	116.51

Flowtech Fluidpower Days Payable Related Terms

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

Flowtech Fluidpower (LSE:FLO) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Distribution » Flowtech Fluidpower PLC (LSE:FLO) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

2FW:Germany

Address

Bollin House, Bollin Walk, Wilmslow, GBR, SK9 1DP

Website

https://www.flowtechfluidpower.com

Flowtech Fluidpower PLC is a supplier of technical fluid power products with modern distribution facilities in the UK and Benelux. The company operates in three segments, Flowtech, Fluidpower Group Solutions and Fluidpower Group Services. It derives majority of its revenue from the United Kingdom and has a presence in Europe and the Rest of the World.