Frontier Transport Holdings (JSE:FTH) Days Payable : 615.24 (As of Sep. 2023)

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What is Frontier Transport Holdings Days Payable?

Frontier Transport Holdings's average Accounts Payable for the six months ended in Sep. 2023 was R171 Mil. Frontier Transport Holdings's Cost of Goods Sold for the six months ended in Sep. 2023 was R51 Mil. Hence, Frontier Transport Holdings's Days Payable for the six months ended in Sep. 2023 was 615.24.

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

JSE:FTH' s Days Payable Range Over the Past 10 Years
Min: 197.07 Med: 245.24 Max: 681.75
Current: 681.75

During the past 7 years, Frontier Transport Holdings's highest Days Payable was 681.75. The lowest was 197.07. And the median was 245.24.

JSE:FTH's Days Payable is ranked better than
98.5% of 936 companies
in the Transportation industry
Industry Median: 38.84 vs JSE:FTH: 681.75

Frontier Transport Holdings's Days Payable increased from Sep. 2022 (540.63) to Sep. 2023 (615.24). It may suggest that Frontier Transport Holdings delayed paying its suppliers.

Frontier Transport Holdings Days Payable Historical Data

The historical data trend for Frontier Transport 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.

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Frontier Transport Holdings Days Payable Chart

Frontier Transport Holdings Annual Data

Trend

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Payable

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301.37

245.24

227.74

289.36

318.14

Frontier Transport Holdings Semi-Annual Data
	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Days Payable	Get a 7-Day Free Trial									514.96	562.72	540.63	570.16	615.24

Competitive Comparison of Frontier Transport Holdings's Days Payable

For the Railroads subindustry, Frontier Transport 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.

Frontier Transport Holdings's Days Payable Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Frontier Transport Holdings's Days Payable distribution charts can be found below:

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

Frontier Transport 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.

Frontier Transport Holdings's Days Payable for the fiscal year that ended in Mar. 2023 is calculated as

	Days Payable (A: Mar. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Mar. 2022 )	+	Accounts Payable (A: Mar. 2023 ))	/	count )	/	Cost of Goods Sold (A: Mar. 2023 )	*	Days in Period
=	( (84.509	+	89.444)	/	2 )	/	99.788	*	365
=	86.9765					/	99.788	*	365
=	318.14

Frontier Transport Holdings's Days Payable for the quarter that ended in Sep. 2023 is calculated as:

	Days Payable (Q: Sep. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Mar. 2023 )	+	Accounts Payable (Q: Sep. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Sep. 2023 )	*	Days in Period
=	( (89.444	+	253.063)	/	2 )	/	50.799	*	365 / 2
=	171.2535					/	50.799	*	365 / 2
=	615.24

Frontier Transport Holdings Days Payable Related Terms

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Frontier Transport Holdings (JSE:FTH) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Frontier Transport Holdings Ltd (JSE:FTH) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

103 Bofors Circle, Epping Industria, Cape Town, WC, ZAF, 7460

Website

http://www.hplr.co.za

Frontier Transport Holdings Ltd, formerly Hosken Passenger Logistics And Rail Ltd through its subsidiary provide a scheduled commuter bus operator in the Cape Metropole. It is engaged in the provision of passenger transport services within South Africa. The company operates in the luxury and semi-luxury coach markets.

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