Financial Gravity (Financial Gravity) Days Payable : 0.00 (As of Jun. 2023)

View and export this data going back to 2011. Start your Free Trial

What is Financial Gravity Days Payable?

Financial Gravity's average Accounts Payable for the three months ended in Jun. 2023 was $0.38 Mil. Financial Gravity's Cost of Goods Sold for the three months ended in Jun. 2023 was $0.00 Mil.

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

FGCO' s Days Payable Range Over the Past 10 Years
Min: 27.42 Med: 197.5 Max: 2455
Current: 27.42

During the past 13 years, Financial Gravity's highest Days Payable was 2455.00. The lowest was 27.42. And the median was 197.50.

FGCO's Days Payable is ranked worse than
82.05% of 78 companies
in the Diversified Financial Services industry
Industry Median: 82.68 vs FGCO: 27.42

Financial Gravity's Days Payable declined from Mar. 2022 (43.29) to Jun. 2023 (0.00). It may suggest that Financial Gravity accelerated paying its suppliers.

Financial Gravity Days Payable Historical Data

The historical data trend for Financial Gravity'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.

Financial Gravity Days Payable Chart

Financial Gravity Annual Data

Trend

Sep13

Sep14

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Days Payable

Get a 7-Day Free Trial

333.17

929.09

2,455.00

51.86

59.39

Financial Gravity Quarterly Data
	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Jun23
Days Payable	Get a 7-Day Free Trial															43.29	-	10.31	56.31	-

Competitive Comparison of Financial Gravity's Days Payable

For the Financial Conglomerates subindustry, Financial Gravity'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.

Financial Gravity's Days Payable Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Financial Gravity's Days Payable distribution charts can be found below:

* The bar in red indicates where Financial Gravity's Days Payable falls into.

Financial Gravity 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.

Financial Gravity's Days Payable for the fiscal year that ended in Sep. 2022 is calculated as

	Days Payable (A: Sep. 2022 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Sep. 2021 )	+	Accounts Payable (A: Sep. 2022 ))	/	count )	/	Cost of Goods Sold (A: Sep. 2022 )	*	Days in Period
=	( (0.798	+	0.862)	/	2 )	/	5.101	*	365
=	0.83					/	5.101	*	365
=	59.39

Financial Gravity's Days Payable for the quarter that ended in Jun. 2023 is calculated as:

	Days Payable (Q: Jun. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Dec. 2022 )	+	Accounts Payable (Q: Jun. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Jun. 2023 )	*	Days in Period
=	( (0.735	+	0.034)	/	2 )	/	0	*	365 / 4
=	0.3845					/	0	*	365 / 4
=	N/A

Financial Gravity Days Payable Related Terms

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

Financial Gravity (Financial Gravity) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Financial Gravity Companies Inc (OTCPK:FGCO) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

2501 Ranch Road 620 South, Suite 110, Lakeway, TX, USA, 78734

Website

https://www.financialgravity.com

Financial Gravity Companies Inc through its subsidiaries helps investment advisors and tax professionals expand their businesses by adding additional services, including their own multi-family office. Financial services professionals are able to leverage Financial Gravity systems, technology, proprietary resources, and deep domain expertise to provide a comprehensive financial service experience to their clients that spans proactive tax planning, retirement and estate planning, wealth management, and risk mitigation. The company's operating segments include FGCO; Forta; FGAM; FGFOS; FGIS; FGEM; and TMN.

Executives

Mark John Williams	director	26420 VIA MALLORCA, CARMEL CA 93923
William Robert Nelson	director	2501 RANCH ROAD 620 SOUTH, SUITE 110, LAKEWAY TX 78734
Gary Joel Nemer	director	800 N. WATTERS ROAD, SUITE 150, ALLEN TX 75013
Jennifer Winters	director	2501 RANCH ROAD 620 SOUTH, SUITE 110, LAKEWAY TX 78734
Scott Christopher Winters	director, officer: CEO, Co-Chairman of the Board	800 N. WATTERS ROAD, SUITE 150, ALLEN TX 75013
Paul O Williams	director, officer: Chief Financial Officer	800 N. WATTERS ROAD. SUITE 120, ALLEN TX 75013
Debra Lynn Buckner	officer: Chief Operating Officer	8505 S. COUNTRY CLUB DRIVE, OKLAHOMA CITY OK 73159
David W. Myers	director	800 N. WATTERS ROAD, SUITE 150, ALLEN TX 75013
Todd Bourgeois	director	800 N. WATTERS ROAD, SUITE 150, ALLEN TX 75013
Michael Lin Ashby	director	800 N. WATTERS RD., SUITE 150, ALLEN TX 75013
John David Pollock	director, 10 percent owner, officer: CEO	800 N. WATTERS ROAD, SUITE 120, ALLEN TX 75013
Ricky J Johnson	officer: Chief Operating Officer	800 N. WATTERS ROAD, SUITE 120, ALLEN TX 75013
George E Crumley	director	800 N. WATTERS ROAD, SUITE 120, ALLEN TX 75013
James F. Reggio	officer: CTO and Chief Mktg Officer	3607 POLO RUN DR., FLOWER MOUND TX 75028
Arthur David Crowley	director, officer: Pres. and Ch. Strategy Officer	800 N. WATTERS ROAD, SUITE 120, ALLEN TX 75013