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Frontdoor (Frontdoor) Days Payable : 36.40 (As of Mar. 2024)


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What is Frontdoor Days Payable?

Frontdoor's average Accounts Payable for the three months ended in Mar. 2024 was $73 Mil. Frontdoor's Cost of Goods Sold for the three months ended in Mar. 2024 was $183 Mil. Hence, Frontdoor's Days Payable for the three months ended in Mar. 2024 was 36.40.

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

FTDR' s Days Payable Range Over the Past 10 Years
Min: 18.87   Med: 24.23   Max: 32.64
Current: 32.64

During the past 9 years, Frontdoor's highest Days Payable was 32.64. The lowest was 18.87. And the median was 24.23.

FTDR's Days Payable is ranked better than
54.55% of 99 companies
in the Personal Services industry
Industry Median: 28.98 vs FTDR: 32.64

Frontdoor's Days Payable declined from Mar. 2023 (37.71) to Mar. 2024 (36.40). It may suggest that Frontdoor accelerated paying its suppliers.


Frontdoor Days Payable Historical Data

The historical data trend for Frontdoor'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.

Frontdoor Days Payable Chart

Frontdoor Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Payable
Get a 7-Day Free Trial Premium Member Only 23.68 24.77 27.00 27.99 31.85

Frontdoor Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 37.71 28.97 29.41 39.56 36.40

Competitive Comparison of Frontdoor's Days Payable

For the Personal Services subindustry, Frontdoor'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.


Frontdoor's Days Payable Distribution in the Personal Services Industry

For the Personal Services industry and Consumer Cyclical sector, Frontdoor's Days Payable distribution charts can be found below:

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



Frontdoor 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.

Frontdoor'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
=( (80 + 76) / 2 ) / 894*365
=78 / 894*365
=31.85

Frontdoor's Days Payable for the quarter that ended in Mar. 2024 is calculated as:

Days Payable (Q: Mar. 2024 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Dec. 2023 ) + Accounts Payable (Q: Mar. 2024 )) / count ) / Cost of Goods Sold (Q: Mar. 2024 )*Days in Period
=( (76 + 70) / 2 ) / 183*365 / 4
=73 / 183*365 / 4
=36.40

* 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.


Frontdoor Days Payable Related Terms

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Frontdoor (Frontdoor) Business Description

Traded in Other Exchanges
Address
3400 Players Club Parkway, Memphis, TN, USA, 38125
Frontdoor Inc is a United States-based company that provides home service plans. It owns multiple home service brands including American Home Shield, HSA, OneGuard, and Landmark brands. Through its home service plans, the company helps its customers maintain their homes and protect against costly and unexpected breakdowns of essential home systems and appliances.
Executives
Jeffrey Fiarman officer: Sr VP, Gen Counsel & Secretary 150 PEABODY PLACE, MEMPHIS TN 38103
Lara Balazs director 3400 PLAYERS CLUB PARKWAY, STE. 300, MEMPHIS TN 38125
Balakrishnan A Ganesh director 3400 PLAYERS CLUB PARKWAY, STE. 300, MEMPHIS TN 38125
Jessica P Ross officer: SVP & CFO 3400 PLAYERS CLUB PARKWAY, STE. 300, MEMPHIS TN 38103
Anna C Catalano director 1313 NORTH MARKET STREET, WILMINGTON DE 19894
Peter L. Cella director 150 PEABODY PLACE, MEMPHIS TN 38103-3720
William C Cobb director H&R BLOCK, INC., ONE H&R BLOCK WAY, KANSAS CITY MO 64105
Christopher L Clipper director 150 PEABODY PLACE, MEMPHIS TN 38103
Darrin Steve Boland director 100 NORTH TRYON STREET, CHARLOTTE NC 28255
Chastitie Brim officer: Vice Pres, Controller & CAO 150 PEABODY PLACE, MEMPHIS TN 38103
Brian P Mcandrews director C/O PANDORA MEDIA, INC, 2101 WEBSTER STREET, #1650, OAKLAND CA 94612
Richard P Fox director
Liane J Pelletier director 10700 NE 4TH STREET # 4004, BELLEVUE WA 98004
Servicemaster Co, Llc 10 percent owner 860 RIDGE LAKE BOULEVARD, MEMPHIS TN 38120
Servicemaster Global Holdings Inc 10 percent owner 150 PEABODY PLACE, MEMPHIS TN 38103-3720