FRP Holdings (FRP Holdings) Days Payable : 606.08 (As of Dec. 2023)

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What is FRP Holdings Days Payable?

FRP Holdings's average Accounts Payable for the three months ended in Dec. 2023 was $6.01 Mil. FRP Holdings's Cost of Goods Sold for the three months ended in Dec. 2023 was $0.91 Mil. Hence, FRP Holdings's Days Payable for the three months ended in Dec. 2023 was 606.08.

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

FRPH' s Days Payable Range Over the Past 10 Years
Min: 304.13 Med: 484.18 Max: 786.49
Current: 486.3

During the past 13 years, FRP Holdings's highest Days Payable was 786.49. The lowest was 304.13. And the median was 484.18.

FRPH's Days Payable is ranked better than
87.21% of 1571 companies
in the Real Estate industry
Industry Median: 96.91 vs FRPH: 486.30

FRP Holdings's Days Payable increased from Dec. 2022 (477.28) to Dec. 2023 (606.08). It may suggest that FRP Holdings delayed paying its suppliers.

FRP Holdings Days Payable Historical Data

The historical data trend for FRP 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.

* Premium members only.

FRP Holdings Days Payable Chart

FRP Holdings Annual Data

Trend

Sep14

Sep15

Sep16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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370.83

391.74

475.44

535.69

715.20

FRP Holdings Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Payable	Get a 7-Day Free Trial															477.28	440.35	328.15	339.68	606.08

Competitive Comparison of FRP Holdings's Days Payable

For the Real Estate Services subindustry, FRP 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.

FRP Holdings's Days Payable Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, FRP Holdings's Days Payable distribution charts can be found below:

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

FRP 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.

FRP Holdings's Days Payable for the fiscal year that ended in Dec. 2023 is calculated as

	Days Payable (A: Dec. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Dec. 2022 )	+	Accounts Payable (A: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2023 )	*	Days in Period
=	( (5.971	+	8.333)	/	2 )	/	3.65	*	365
=	7.152					/	3.65	*	365
=	715.20

FRP Holdings's Days Payable for the quarter that ended in Dec. 2023 is calculated as:

	Days Payable (Q: Dec. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Sep. 2023 )	+	Accounts Payable (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (3.689	+	8.333)	/	2 )	/	0.905	*	365 / 4
=	6.011					/	0.905	*	365 / 4
=	606.08

FRP Holdings Days Payable Related Terms

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FRP Holdings (FRP Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » FRP Holdings Inc (NAS:FRPH) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

200 West Forsyth Street, 7th Floor, Jacksonville, FL, USA, 32202

Website

https://www.frpdev.com

FRP Holdings Inc is a holding company engaged in various real estate businesses. The company's business segments are Leasing and management of commercial properties owned by the company (the Asset Management Segment); Leasing and management of mining royalty land owned by the company (the Mining Royalty Lands Segment); real property acquisition, entitlement, development and construction for apartment, retail, warehouse, and office buildings either alone or through joint ventures (the Development Segment); ownership, leasing and management of buildings through joint ventures (the Stabilized Joint Venture Segment).

Executives

Devilliers David H Iii	officer: Executive Vice President	200 WEST FORSYTH STREET, 7TH FLOOR, JACKSONVILLE FL 32202
Milton John D Jr	officer: Executive VP and CFO	200 W. FORSYTH STREET, 7TH FLOOR, JACKSONVILLE FL 32202
Devilliers David H Jr	officer: President of Real Estate Group	200 W. FORSYTH STREET, 7TH FLOOR, JACKSONVILLE FL 32202
Baker John D Ii	director, 10 percent owner	200 W. FORSYTH STREET, 7TH FLOOR, JACKSONVILLE FL 32202
Nicole B. Thomas	director	200 W. FORSYTH ST, 7TH FLOOR, JACKSONVILLE FL 32202
John S Surface	director	200 W. FORSYTH STREET, 7TH FLOOR, JACKSONVILLE FL 32202
Baker John D. Iii	officer: Chief Financial Officer	FRP HOLDINGS, INC., 200 WEST FORSYTH STREET, 7TH FLOOR, JACKSONVILLE FL 32202
John D Klopfenstein	officer: Controller and CAO	200 W. FORSYTH STREET, 7TH FLOOR, JACKSONVILLE FL 32202
Margaret B. Wetherbee	director	FRP HOLDINGS, INC., 200 WEST FORSYTH STREET, JACKSONVILLE FL 32202
Commander Charles E Iii	director	200 W. FORSYTH STREET, 7TH FLOOR, JACKSONVILLE FL 32202
James H Winston	director	C/O STEIN MORT INC, 1200 RIVERPLACE BLVD, JACKSONVILLE FL 32207
Walton William H Iii	director	ONE INDEPENDENT DRIVE, SUITE 1600, JACKSONVILLE FL 32202
Baker Thompson S Ii	director, 10 percent owner	200 W. FORSYTH STREET, 7TH FLOOR, JACKSONVILLE FL 32202
Robert E Sandlin	officer: President & CEO of FRTL	200 W. FORSYTH STREET, 7TH FLOOR, JACKSONVILLE FL 32202
Fichthorn Luke E Iii	director	200 W. FORSYTH STREET, 7TH FLOOR, JACKSONVILLE FL 32202