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Frontier Digital Ventures (ASX:FDV) Days Payable : 129.30 (As of Dec. 2023)


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What is Frontier Digital Ventures Days Payable?

Frontier Digital Ventures's average Accounts Payable for the six months ended in Dec. 2023 was A$13.53 Mil. Frontier Digital Ventures's Cost of Goods Sold for the six months ended in Dec. 2023 was A$19.10 Mil. Hence, Frontier Digital Ventures's Days Payable for the six months ended in Dec. 2023 was 129.30.

The historical rank and industry rank for Frontier Digital Ventures's Days Payable or its related term are showing as below:

ASX:FDV' s Days Payable Range Over the Past 10 Years
Min: 96.15   Med: 131   Max: 207.19
Current: 207.19

During the past 8 years, Frontier Digital Ventures's highest Days Payable was 207.19. The lowest was 96.15. And the median was 131.00.

ASX:FDV's Days Payable is ranked better than
81.94% of 432 companies
in the Interactive Media industry
Industry Median: 60.97 vs ASX:FDV: 207.19

Frontier Digital Ventures's Days Payable increased from Dec. 2022 (76.28) to Dec. 2023 (129.30). It may suggest that Frontier Digital Ventures delayed paying its suppliers.


Frontier Digital Ventures Days Payable Historical Data

The historical data trend for Frontier Digital Ventures'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.

Frontier Digital Ventures Days Payable Chart

Frontier Digital Ventures Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Payable
Get a 7-Day Free Trial 112.81 198.64 144.67 131.00 116.49

Frontier Digital Ventures Semi-Annual Data
Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Days Payable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 134.38 - 76.28 - 129.30

Competitive Comparison of Frontier Digital Ventures's Days Payable

For the Internet Content & Information subindustry, Frontier Digital Ventures'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.


Frontier Digital Ventures's Days Payable Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Frontier Digital Ventures's Days Payable distribution charts can be found below:

* The bar in red indicates where Frontier Digital Ventures's Days Payable falls into.



Frontier Digital Ventures 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.

Frontier Digital Ventures'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
=( (5.46 + 6.73) / 2 ) / 19.097*365
=6.095 / 19.097*365
=116.49

Frontier Digital Ventures'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: Jun. 2023 ) + Accounts Payable (Q: Dec. 2023 )) / count ) / Cost of Goods Sold (Q: Dec. 2023 )*Days in Period
=( (20.331 + 6.73) / 2 ) / 19.097*365 / 2
=13.5305 / 19.097*365 / 2
=129.30

* 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.


Frontier Digital Ventures Days Payable Related Terms

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


Frontier Digital Ventures (ASX:FDV) Business Description

Traded in Other Exchanges
N/A
Address
39-8, The Boulevard Mid Valley City, Lingkaran Syed Putra, Kuala Lumpur, MYS, 59200
Frontier Digital Ventures Ltd develops online classifieds businesses in underdeveloped, emerging countries or regions. It deals in property verticals, automotive verticals, and general classified websites.

Frontier Digital Ventures (ASX:FDV) Headlines

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