I haven’t seen that scene so I don’t know how big the spurt was but, yes, a femoral artery spurt can go several feet (or a metre or so, maybe more).
The femoral artery is a major artery supplying the largest muscle groups in the body, being in the leg, so it carries a large volume of blood.
Every minute the heart can pump a quantity of blood through it roughly equivalent to the total volume of blood in the body.
Arterial blood is under pump pressure the whole time.
Put all those factors together and severing a femoral artery has the potential to drain the body of blood in a minute or so.
If the artery is not severed and the wound is not fully open to allow drainage, it will take longer to drain the body of blood. The time will be proportionate to the size of the hole in the artery.
The arterial spurt will probably be greater the smaller the hole. Think of a water hose and how its spurt increases if you put your finger over the open end to reduce the size of the hole for the water under pressure to escape.
Apart from severing the aorta, severing a femoral artery (or maybe a carotid artery as the brain and head have a huge demand for blood as well) is probably the quickest way to bleed someone to death.
Which is one reason why idiots who say police should shoot people in the leg to avoid putting the target’s life at risk have no idea what they are talking about.
On the positive side, compressing a femoral artery wound by simply placing your hand over it and pressing down will often stem the blood loss sufficiently to enable the patient to survive until medical treatment arrives.
(This is basic medical and first aid knowledge. If your medical student mate is anywhere past the first year of his course, scratch him off your list of doctors to see if you have a femoral artery wound. )