FRP Advisory Group (LSE:FRP) Days Payable : 13.55 (As of Oct. 2023)

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What is FRP Advisory Group Days Payable?

FRP Advisory Group's average Accounts Payable for the six months ended in Oct. 2023 was £2.5 Mil. FRP Advisory Group's Cost of Goods Sold for the six months ended in Oct. 2023 was £33.0 Mil. Hence, FRP Advisory Group's Days Payable for the six months ended in Oct. 2023 was 13.55.

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

LSE:FRP' s Days Payable Range Over the Past 10 Years
Min: 6.47 Med: 9.74 Max: 23.25
Current: 13.13

During the past 7 years, FRP Advisory Group's highest Days Payable was 23.25. The lowest was 6.47. And the median was 9.74.

LSE:FRP's Days Payable is ranked worse than
81.3% of 524 companies
in the Capital Markets industry
Industry Median: 98.105 vs LSE:FRP: 13.13

FRP Advisory Group's Days Payable increased from Oct. 2022 (6.50) to Oct. 2023 (13.55). It may suggest that FRP Advisory Group delayed paying its suppliers.

FRP Advisory Group Days Payable Historical Data

The historical data trend for FRP Advisory Group'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.

FRP Advisory Group Days Payable Chart

FRP Advisory Group Annual Data

Trend

Apr17

Apr18

Apr19

Apr20

Apr21

Apr22

Apr23

Days Payable

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6.47

7.38

9.22

9.74

12.48

FRP Advisory Group Semi-Annual Data
	Apr17	Apr18	Oct18	Apr19	Oct19	Apr20	Oct20	Apr21	Oct21	Apr22	Oct22	Apr23	Oct23
Days Payable	Get a 7-Day Free Trial								4.85	11.78	6.50	12.55	13.55

Competitive Comparison of FRP Advisory Group's Days Payable

For the Capital Markets subindustry, FRP Advisory Group'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.

FRP Advisory Group's Days Payable Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, FRP Advisory Group's Days Payable distribution charts can be found below:

* The bar in red indicates where FRP Advisory Group's Days Payable falls into.

FRP Advisory Group 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.

FRP Advisory Group's Days Payable for the fiscal year that ended in Apr. 2023 is calculated as

	Days Payable (A: Apr. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Apr. 2022 )	+	Accounts Payable (A: Apr. 2023 ))	/	count )	/	Cost of Goods Sold (A: Apr. 2023 )	*	Days in Period
=	( (1.6	+	1.9)	/	2 )	/	51.2	*	365
=	1.75					/	51.2	*	365
=	12.48

FRP Advisory Group's Days Payable for the quarter that ended in Oct. 2023 is calculated as:

	Days Payable (Q: Oct. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Apr. 2023 )	+	Accounts Payable (Q: Oct. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Oct. 2023 )	*	Days in Period
=	( (1.9	+	3)	/	2 )	/	33	*	365 / 2
=	2.45					/	33	*	365 / 2
=	13.55

FRP Advisory Group Days Payable Related Terms

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FRP Advisory Group (LSE:FRP) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » FRP Advisory Group PLC (LSE:FRP) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

6S6:Germany

Address

110 Cannon Street, London, GBR, EC4N 6EU

Website

https://www.frpadvisory.com

FRP Advisory Group PLC is a professional services firm offering advisory services to companies, lenders, investors, and other stakeholders, as well as individuals. The company's services include Restructuring advisory; Corporate finance; Debt advisory; Forensic services; and Pension advisory. The group's revenue is derived from the provision of specialist business and advisory services. It advises across multiple sectors and all business sizes, principally servicing smaller and mid-market companies.

FRP Advisory Group (LSE:FRP) Headlines

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