Frasers Group (LSE:FRAS) Days Payable : 72.19 (As of Oct. 2023)

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What is Frasers Group Days Payable?

Frasers Group's average Accounts Payable for the six months ended in Oct. 2023 was £625 Mil. Frasers Group's Cost of Goods Sold for the six months ended in Oct. 2023 was £1,580 Mil. Hence, Frasers Group's Days Payable for the six months ended in Oct. 2023 was 72.19.

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

LSE:FRAS' s Days Payable Range Over the Past 10 Years
Min: 32.63 Med: 43.26 Max: 78.32
Current: 78.32

During the past 13 years, Frasers Group's highest Days Payable was 78.32. The lowest was 32.63. And the median was 43.26.

LSE:FRAS's Days Payable is ranked better than
64.38% of 1081 companies
in the Retail - Cyclical industry
Industry Median: 56.64 vs LSE:FRAS: 78.32

Frasers Group's Days Payable increased from Oct. 2022 (71.58) to Oct. 2023 (72.19). It may suggest that Frasers Group delayed paying its suppliers.

Frasers Group Days Payable Historical Data

The historical data trend for Frasers 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.

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Frasers Group Days Payable Chart

Frasers Group Annual Data

Trend

Apr14

Apr15

Apr16

Apr17

Apr18

Apr19

Apr20

Apr21

Apr22

Apr23

Days Payable

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39.97

42.79

52.48

43.72

41.92

Frasers Group Semi-Annual Data
	Apr14	Oct14	Apr15	Oct15	Apr16	Oct16	Apr17	Oct17	Apr18	Oct18	Apr19	Oct19	Apr20	Oct20	Apr21	Oct21	Apr22	Oct22	Apr23	Oct23
Days Payable	Get a 7-Day Free Trial															76.92	75.18	71.58	66.52	72.19

Competitive Comparison of Frasers Group's Days Payable

For the Specialty Retail subindustry, Frasers 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.

Frasers Group's Days Payable Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Frasers Group's Days Payable distribution charts can be found below:

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

Frasers 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.

Frasers 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
=	( (358.1	+	374.9)	/	2 )	/	3191	*	365
=	366.5					/	3191	*	365
=	41.92

Frasers 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
=	( (374.9	+	874.9)	/	2 )	/	1579.7	*	365 / 2
=	624.9					/	1579.7	*	365 / 2
=	72.19

Frasers Group Days Payable Related Terms

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Frasers Group (LSE:FRAS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Frasers Group PLC (LSE:FRAS) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

FRASl:UK ZVX:Germany

Address

Unit A, Brook Park East, Shirebrook, GBR, NG20 8RY

Website

https://www.frasers.group

Frasers Group PLC is a U.K. sports goods retailer. The company operates stores in the United Kingdom and continental Europe, including premium lifestyle stores in the U.K. The diversified portfolio, consists of globally recognized brands, such as Dunlop, Lonsdale, Nike, Adidas, Under Armour, Puma, Karrimor, Kangol, Slazenger, Everlast, No Fear, and Firetrap, among others. Sports Direct International sells through stand-alone stores and multi-fascia retail spaces, department stores, and online. The premium lifestyle portfolio operates under the Flannels, Cruise, USC, and Van Mildert fascias.

Frasers Group (LSE:FRAS) Headlines

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