Fix Price Group (LSE:FIXP) Days Payable : 61.12 (As of Dec. 2023)

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What is Fix Price Group Days Payable?

Fix Price Group's average Accounts Payable for the six months ended in Dec. 2023 was $379 Mil. Fix Price Group's Cost of Goods Sold for the six months ended in Dec. 2023 was $1,132 Mil. Hence, Fix Price Group's Days Payable for the six months ended in Dec. 2023 was 61.12.

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

LSE:FIXP' s Days Payable Range Over the Past 10 Years
Min: 58.2 Med: 70.18 Max: 81.52
Current: 74.04

During the past 7 years, Fix Price Group's highest Days Payable was 81.52. The lowest was 58.20. And the median was 70.18.

LSE:FIXP's Days Payable is ranked better than
80.13% of 307 companies
in the Retail - Defensive industry
Industry Median: 43.45 vs LSE:FIXP: 74.04

Fix Price Group's Days Payable increased from Dec. 2022 (51.34) to Dec. 2023 (61.12). It may suggest that Fix Price Group delayed paying its suppliers.

Fix Price Group Days Payable Historical Data

The historical data trend for Fix Price 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.

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Fix Price Group Days Payable Chart

Fix Price Group Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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65.92

70.18

67.66

58.20

77.93

Fix Price Group Semi-Annual Data
	Dec17	Dec18	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Payable	Get a 7-Day Free Trial						63.74	51.87	51.34	87.15	61.12

Competitive Comparison of Fix Price Group's Days Payable

For the Discount Stores subindustry, Fix Price 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.

Fix Price Group's Days Payable Distribution in the Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, Fix Price Group's Days Payable distribution charts can be found below:

* The bar in red indicates where Fix Price Group's Days Payable falls into.

Fix Price 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.

Fix Price Group'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
=	( (532.68	+	379.187)	/	2 )	/	2135.576	*	365
=	455.9335					/	2135.576	*	365
=	77.93

Fix Price Group'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
=	( (0	+	379.187)	/	1 )	/	1132.262	*	365 / 2
=	379.187					/	1132.262	*	365 / 2
=	61.12

Fix Price Group Days Payable Related Terms

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Fix Price Group (LSE:FIXP) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Retail - Defensive » Fix Price Group PLC (LSE:FIXP) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Makariou III & Vyronos Street, P. Lordos Center building, Block B, 1st floor, Office 102, Limassol, CYP, 3105

Website

https://ir.fix-price.com

Fix Price Group PLC is a low-price value retailer. Its categories include ambient food and drink, household goods, and cosmetics and hygiene items. Its retail operations are conducted through a chain of convenience stores, located in the Russian Federation, Belarus, Kazakhstan, Uzbekistan, Latvia, Georgia, and Kyrgyzstan The group is also engaged in wholesale operations by servicing a number of franchises that operate in distant regions of the Russian Federation, as well as in a number of international geographies.

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