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Futures Capital AD (XBUL:FCAD) Days Payable : 10.74 (As of Jun. 2023)


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What is Futures Capital AD Days Payable?

Futures Capital AD's average Accounts Payable for the six months ended in Jun. 2023 was лв0.00 Mil. Futures Capital AD's Cost of Goods Sold for the six months ended in Jun. 2023 was лв0.03 Mil. Hence, Futures Capital AD's Days Payable for the six months ended in Jun. 2023 was 10.74.

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

XBUL:FCAD' s Days Payable Range Over the Past 10 Years
Min: 9.28   Med: 623.11   Max: 1175.72
Current: 9.86

During the past 11 years, Futures Capital AD's highest Days Payable was 1175.72. The lowest was 9.28. And the median was 623.11.

XBUL:FCAD's Days Payable is ranked worse than
88.56% of 472 companies
in the Asset Management industry
Industry Median: 70.635 vs XBUL:FCAD: 9.86

Futures Capital AD's Days Payable declined from Jun. 2022 (723.66) to Jun. 2023 (10.74). It may suggest that Futures Capital AD accelerated paying its suppliers.


Futures Capital AD Days Payable Historical Data

The historical data trend for Futures Capital AD'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.

Futures Capital AD Days Payable Chart

Futures Capital AD Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 9.28 516.21 742.50 1,175.72 930.42

Futures Capital AD Semi-Annual Data
Dec11 Dec12 Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23
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 489.87 929.09 723.66 9.12 10.74

Competitive Comparison of Futures Capital AD's Days Payable

For the Asset Management subindustry, Futures Capital AD'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.


Futures Capital AD's Days Payable Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Futures Capital AD's Days Payable distribution charts can be found below:

* The bar in red indicates where Futures Capital AD's Days Payable falls into.



Futures Capital AD 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.

Futures Capital AD's Days Payable for the fiscal year that ended in Dec. 2022 is calculated as

Days Payable (A: Dec. 2022 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Dec. 2021 ) + Accounts Payable (A: Dec. 2022 )) / count ) / Cost of Goods Sold (A: Dec. 2022 )*Days in Period
=( (0.569 + 0.002) / 2 ) / 0.112*365
=0.2855 / 0.112*365
=930.42

Futures Capital AD'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
=( (0.002 + 0.002) / 2 ) / 0.034*365 / 2
=0.002 / 0.034*365 / 2
=10.74

* 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.


Futures Capital AD Days Payable Related Terms

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Futures Capital AD (XBUL:FCAD) Business Description

Traded in Other Exchanges
N/A
Address
70B Ing. Ivan Ivanov Boulevard, Floor 3, Sofia, BGR, 1303
Futures Capital AD provides foreign direct investments in the real estate, leisure, healthcare, infrastructure, energy, and technology sectors.

Futures Capital AD (XBUL:FCAD) Headlines

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