Finsbury Food Group (Finsbury Food Group) Days Payable : 89.86 (As of Jun. 2023)

View and export this data going back to 2013. Start your Free Trial

What is Finsbury Food Group Days Payable?

Finsbury Food Group's average Accounts Payable for the six months ended in Jun. 2023 was $96.5 Mil. Finsbury Food Group's Cost of Goods Sold for the six months ended in Jun. 2023 was $195.9 Mil. Hence, Finsbury Food Group's Days Payable for the six months ended in Jun. 2023 was 89.86.

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

FFGPF' s Days Payable Range Over the Past 10 Years
Min: 58.33 Med: 62.36 Max: 85
Current: 85

During the past 13 years, Finsbury Food Group's highest Days Payable was 85.00. The lowest was 58.33. And the median was 62.36.

FFGPF's Days Payable is not ranked
in the Consumer Packaged Goods industry.
Industry Median: 46.07 vs FFGPF: 85.00

Finsbury Food Group's Days Payable increased from Jun. 2022 (84.41) to Jun. 2023 (89.86). It may suggest that Finsbury Food Group delayed paying its suppliers.

Finsbury Food Group Days Payable Historical Data

The historical data trend for Finsbury Food 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.

* Premium members only.

Finsbury Food Group Days Payable Chart

Finsbury Food Group Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Days Payable

Get a 7-Day Free Trial

63.26

58.97

57.43

68.81

76.37

Finsbury Food Group Semi-Annual Data
	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23
Days Payable	Get a 7-Day Free Trial															82.94	85.65	84.41	86.34	89.86

Competitive Comparison of Finsbury Food Group's Days Payable

For the Packaged Foods subindustry, Finsbury Food 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.

Finsbury Food Group's Days Payable Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Finsbury Food Group's Days Payable distribution charts can be found below:

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

Finsbury Food 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.

Finsbury Food Group's Days Payable for the fiscal year that ended in Jun. 2023 is calculated as

	Days Payable (A: Jun. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Jun. 2022 )	+	Accounts Payable (A: Jun. 2023 ))	/	count )	/	Cost of Goods Sold (A: Jun. 2023 )	*	Days in Period
=	( (57.374	+	95.535)	/	2 )	/	365.426	*	365
=	76.4545					/	365.426	*	365
=	76.37

Finsbury Food Group'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
=	( (97.376	+	95.535)	/	2 )	/	195.89	*	365 / 2
=	96.4555					/	195.89	*	365 / 2
=	89.86

Finsbury Food Group Days Payable Related Terms

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

Finsbury Food Group (Finsbury Food Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Finsbury Food Group PLC (OTCPK:FFGPF) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Maes-y-coed Road, Cardiff, GBR, CF14 4XR

Website

https://www.finsburyfoods.co.uk

Finsbury Food Group PLC is a United Kingdom-based bakery manufacturer. The company is engaged in producing a range of cakes, bread and bakery snack products for retailers and the foodservice channel. Its segments include UK bakery and Overseas. most of its revenue is generated from its UK bakery segment. Geographically the company operates in the United Kingdom; Europe; and Rest of the world and it earns most of its revenue from United Kingdom segment. Finsbury Food offers products like rolls, artisan bread, hot cross buns, muffins and morning pastries for both the retail and foodservice sectors.

Finsbury Food Group (Finsbury Food Group) Headlines

No Headlines