Kandal M Venture (FMFC) Payables (2024 - 2026)
Kandal M Venture's (FMFC) quarterly Payables came in at $3.0 million in Q1 2026, down 68.03% YoY from $9.5 million in Q1 2025, and up 46.88% on a QoQ basis from $2.1 million in Q3 2025.
Kandal M Venture (FMFC) Payables (2024 - 2026) Analysis & Trends
Kandal M Venture (FMFC) has 3 years of Payables data on file, last reported at $3.0 million in Q1 2026.
- Quarterly Payables fell 68.03% year-over-year to $3.0 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $3.0 million (down 68.03% YoY) and the FY2026 annual result came in at $3.0 million, down 68.03% from the prior year.
- Payables advanced to $3.0 million in Q1 2026, from $2.1 million in the prior quarter.
- In the past five years, Payables ranged from a high of $9.5 million in Q1 2025 to a low of $2.1 million in Q3 2025.
- A 3-year average of $5.4 million and a median of $4.9 million in 2024 frame the typical range for Payables.
- Annual changes were most pronounced in 2025 — Payables surged 39.36% — and 2026, when it plunged 68.03%.
- Tracing FMFC's Payables over 3 years: stood at $6.8 million in 2024, then plunged by 69.67% to $2.1 million in 2025, then jumped by 46.88% to $3.0 million in 2026.
- The last three Payables figures came in at $3.0 million (Q1 2026), $2.1 million (Q3 2025), and $9.5 million (Q1 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Payables (Qtr) |
|---|---|---|---|---|---|
| 1 | Nike | 60.63 Bn | 51.60 Bn | 5.39 Bn | 3.60 Bn |
| 2 | Deckers Outdoor | 13.33 Bn | 11.43 Bn | - | 384.53 Mn |
| 3 | Birkenstock Holding | 7.60 Bn | 6.80 Bn | 493.89 Mn | 214.63 Mn |
| 4 | Crocs | 6.44 Bn | 6.27 Bn | 700.71 Mn | 262.51 Mn |
| 5 | Steven Madden | 3.37 Bn | 3.28 Bn | 309.66 Mn | 202.10 Mn |
| 6 | Wolverine World Wide | 1.62 Bn | 1.46 Bn | 235.30 Mn | 189.70 Mn |
| 7 | Weyco | 425.23 Mn | 329.76 Mn | 43.78 Mn | 6.36 Mn |
| 8 | Forward Industries | 355.01 Mn | 355.01 Mn | - | - |
| 9 | Rocky Brands | 354.31 Mn | 351.69 Mn | 60.80 Mn | 58.75 Mn |
| 10 | Kandal M Venture | 4.36 Mn | 704,976.56 | - | 3.04 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 3.04 Mn |
| Sep 30, 2025 | 2.07 Mn |
| Mar 31, 2025 | 9.51 Mn |
| Mar 31, 2024 | 6.83 Mn |