FLOWSPARKS NV (XBRU:FLSP) Days Payable : 19.19 (As of Dec. 2022)

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What is FLOWSPARKS NV Days Payable?

FLOWSPARKS NV's average Accounts Payable for the six months ended in Dec. 2022 was €0.32 Mil. FLOWSPARKS NV's Cost of Goods Sold for the six months ended in Dec. 2022 was €6.07 Mil. Hence, FLOWSPARKS NV's Days Payable for the six months ended in Dec. 2022 was 9.59.

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

XBRU:FLSP' s Days Payable Range Over the Past 10 Years
Min: 17.07 Med: 43.71 Max: 55.74
Current: 19.19

During the past 13 years, FLOWSPARKS NV's highest Days Payable was 55.74. The lowest was 17.07. And the median was 43.71.

XBRU:FLSP's Days Payable is ranked worse than
66.67% of 213 companies
in the Education industry
Industry Median: 37.29 vs XBRU:FLSP: 19.19

FLOWSPARKS NV's Days Payable increased from Dec. 2020 (17.75) to Dec. 2022 (19.19). It may suggest that FLOWSPARKS NV delayed paying its suppliers.

FLOWSPARKS NV Days Payable Historical Data

The historical data trend for FLOWSPARKS NV'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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FLOWSPARKS NV Days Payable Chart

FLOWSPARKS NV Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Days Payable

Get a 7-Day Free Trial

55.74

19.95

17.75

17.07

19.19

FLOWSPARKS NV Semi-Annual Data
	Dec07	Dec08	Dec09	Dec10	Dec11	Dec12	Dec13	Dec14	Dec15	Dec16	Dec17	Dec18	Dec19	Dec20	Dec21	Dec22
Days Payable	Get a 7-Day Free Trial											55.74	19.95	17.75	17.07	19.19

Competitive Comparison of FLOWSPARKS NV's Days Payable

For the Education & Training Services subindustry, FLOWSPARKS NV'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.

FLOWSPARKS NV's Days Payable Distribution in the Education Industry

For the Education industry and Consumer Defensive sector, FLOWSPARKS NV's Days Payable distribution charts can be found below:

* The bar in red indicates where FLOWSPARKS NV's Days Payable falls into.

FLOWSPARKS NV 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.

FLOWSPARKS NV'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
=	( (0.263	+	0.375)	/	2 )	/	6.069	*	365
=	0.319					/	6.069	*	365
=	19.19

FLOWSPARKS NV's Days Payable for the quarter that ended in Dec. 2022 is calculated as:

	Days Payable (Q: Dec. 2022 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Dec. 2021 )	+	Accounts Payable (Q: Dec. 2022 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2022 )	*	Days in Period
=	( (0.263	+	0.375)	/	2 )	/	6.069	*	365 / 2
=	0.319					/	6.069	*	365 / 2
=	9.59

FLOWSPARKS NV Days Payable Related Terms

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FLOWSPARKS NV (XBRU:FLSP) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Education » FLOWSPARKS NV (XBRU:FLSP) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Ottergemsesteenweg- Zuid 808, PO Box B545, Ghent, BEL, 9000

Website

https://www.flowsparks.com

FLOWSPARKS NV is engaged in providing online educational services. The company creates custom-made learning solutions for the target group. It offers to learn management systems, syllabus tracking services, smart templates, and other related tools.