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Foresight Group Holdings (LSE:FSG) Days Payable : 1,327.73 (As of Mar. 2023)


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What is Foresight Group Holdings Days Payable?

Foresight Group Holdings's average Accounts Payable for the six months ended in Mar. 2023 was £23.8 Mil. Foresight Group Holdings's Cost of Goods Sold for the six months ended in Mar. 2023 was £3.3 Mil. Hence, Foresight Group Holdings's Days Payable for the six months ended in Mar. 2023 was 1,327.73.

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

LSE:FSG' s Days Payable Range Over the Past 10 Years
Min: 52.89   Med: 91.24   Max: 943.95
Current: 943.95

During the past 6 years, Foresight Group Holdings's highest Days Payable was 943.95. The lowest was 52.89. And the median was 91.24.

LSE:FSG's Days Payable is ranked better than
89.15% of 470 companies
in the Asset Management industry
Industry Median: 70.455 vs LSE:FSG: 943.95

Foresight Group Holdings's Days Payable increased from Mar. 2022 (82.98) to Mar. 2023 (1,327.73). It may suggest that Foresight Group Holdings delayed paying its suppliers.


Foresight Group Holdings Days Payable Historical Data

The historical data trend for Foresight 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.

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Foresight Group Holdings Days Payable Chart

Foresight Group Holdings Annual Data
Trend Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Days Payable
Get a 7-Day Free Trial 52.89 93.23 107.99 89.25 94.59

Foresight Group Holdings Semi-Annual Data
Mar18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23
Days Payable Get a 7-Day Free Trial Premium Member Only Premium Member Only 71.96 84.69 82.98 1,412.74 1,327.73

Competitive Comparison of Foresight Group Holdings's Days Payable

For the Asset Management subindustry, Foresight 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.


Foresight Group Holdings's Days Payable Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Foresight Group Holdings's Days Payable distribution charts can be found below:

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



Foresight 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.

Foresight Group Holdings's Days Payable for the fiscal year that ended in Mar. 2023 is calculated as

Days Payable (A: Mar. 2023 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Mar. 2022 ) + Accounts Payable (A: Mar. 2023 )) / count ) / Cost of Goods Sold (A: Mar. 2023 )*Days in Period
=( (1.322 + 1.945) / 2 ) / 6.303*365
=1.6335 / 6.303*365
=94.59

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

Days Payable (Q: Mar. 2023 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Sep. 2022 ) + Accounts Payable (Q: Mar. 2023 )) / count ) / Cost of Goods Sold (Q: Mar. 2023 )*Days in Period
=( (45.635 + 1.945) / 2 ) / 3.27*365 / 2
=23.79 / 3.27*365 / 2
=1,327.73

* 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.


Foresight Group Holdings Days Payable Related Terms

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Foresight Group Holdings (LSE:FSG) Business Description

Traded in Other Exchanges
Address
32 London Bridge Street, The Shard, London, GBR, SE1 9SG
Foresight Group Holdings Ltd is an asset management company. The company is an independent infrastructure and private equity investment manager. It invests in renewable energy businesses and social infrastructure projects.

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