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First Advantage (STU:0MS) Days Payable : 49.62 (As of Mar. 2024)


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What is First Advantage Days Payable?

First Advantage's average Accounts Payable for the three months ended in Mar. 2024 was €43.6 Mil. First Advantage's Cost of Goods Sold for the three months ended in Mar. 2024 was €80.2 Mil. Hence, First Advantage's Days Payable for the three months ended in Mar. 2024 was 49.62.

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

STU:0MS' s Days Payable Range Over the Past 10 Years
Min: 17.97   Med: 50.67   Max: 63.45
Current: 47.73

During the past 13 years, First Advantage's highest Days Payable was 63.45. The lowest was 17.97. And the median was 50.67.

STU:0MS's Days Payable is ranked better than
50% of 924 companies
in the Business Services industry
Industry Median: 47.71 vs STU:0MS: 47.73

First Advantage's Days Payable declined from Mar. 2023 (51.62) to Mar. 2024 (49.62). It may suggest that First Advantage accelerated paying its suppliers.


First Advantage Days Payable Historical Data

The historical data trend for First Advantage'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.

First Advantage Days Payable Chart

First Advantage Annual Data
Trend Dec04 Dec05 Dec06 Dec07 Dec08 Dec19 Dec20 Dec21 Dec22 Dec23
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 50.96 - 49.21 47.11 48.88

First Advantage Quarterly Data
Mar09 Jun09 Sep09 Dec19 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 51.62 49.05 48.19 46.93 49.62

Competitive Comparison of First Advantage's Days Payable

For the Specialty Business Services subindustry, First Advantage'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.


First Advantage's Days Payable Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, First Advantage's Days Payable distribution charts can be found below:

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



First Advantage 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.

First Advantage'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
=( (51.87 + 43.121) / 2 ) / 354.675*365
=47.4955 / 354.675*365
=48.88

First Advantage'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
=( (43.121 + 44.12) / 2 ) / 80.217*365 / 4
=43.6205 / 80.217*365 / 4
=49.62

* 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.


First Advantage Days Payable Related Terms

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First Advantage (STU:0MS) Business Description

Traded in Other Exchanges
Address
1 Concourse Parkway Northeast, Suite 200, Atlanta, GA, USA, 30328
First Advantage Corp is a leading global provider of employment background screening and verification solutions. The company delivers innovative services and insights that help its customers manage risk and hire the best talent. The Company has two reportable segments, Americas and International. The Americas segment provides technology solutions for screening, verifications, safety, and compliance in the United States, Canada, and Latin America markets. and the International segment provides technology solutions for screening, verifications, safety, and compliance outside of the Americas.

First Advantage (STU:0MS) Headlines

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