RF Capital Group (TSX:RCG.PR.C.PFD) Days Payable : 2,100.63 (As of Dec. 2023)

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What is RF Capital Group Days Payable?

RF Capital Group's average Accounts Payable for the three months ended in Dec. 2023 was C$825.63 Mil. RF Capital Group's Cost of Goods Sold for the three months ended in Dec. 2023 was C$35.87 Mil. Hence, RF Capital Group's Days Payable for the three months ended in Dec. 2023 was 2,100.63.

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

TSX:RCG.PR.C.PFD' s Days Payable Range Over the Past 10 Years
Min: 2395.29 Med: 4032.13 Max: 42862.38
Current: 2395.29

During the past 13 years, RF Capital Group's highest Days Payable was 42862.38. The lowest was 2395.29. And the median was 4032.13.

TSX:RCG.PR.C.PFD's Days Payable is ranked better than
94.22% of 467 companies
in the Asset Management industry
Industry Median: 70.5 vs TSX:RCG.PR.C.PFD: 2395.29

RF Capital Group's Days Payable declined from Dec. 2022 (3,286.67) to Dec. 2023 (2,100.63). It may suggest that RF Capital Group accelerated paying its suppliers.

RF Capital Group Days Payable Historical Data

The historical data trend for RF Capital 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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RF Capital Group Days Payable Chart

RF Capital Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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20,135.32

4,032.13

3,348.95

2,432.32

RF Capital Group Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Payable	Get a 7-Day Free Trial															3,286.67	2,746.39	2,452.36	2,240.34	2,100.63

Competitive Comparison of RF Capital Group's Days Payable

For the Asset Management subindustry, RF Capital 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.

RF Capital Group's Days Payable Distribution in the Asset Management Industry

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

* The bar in red indicates where RF Capital Group's Days Payable falls into.

RF Capital 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.

RF Capital 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
=	( (1110.424	+	825.799)	/	2 )	/	145.277	*	365
=	968.1115					/	145.277	*	365
=	2,432.32

RF Capital 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: Sep. 2023 )	+	Accounts Payable (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (825.466	+	825.799)	/	2 )	/	35.865	*	365 / 4
=	825.6325					/	35.865	*	365 / 4
=	2,100.63

RF Capital Group Days Payable Related Terms

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RF Capital Group (TSX:RCG.PR.C.PFD) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » RF Capital Group Inc (TSX:RCG.PR.C.PFD) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

GMPFF.PFD:USA GMPXF:USA RCG.PR.B.PFD:Canada RCG:Canada

Address

100 Queens Quay East, Suite 2500, Toronto, ON, CAN, M5E 1Y3

Website

https://www.rfcapgroup.com

RF Capital Group Inc is a financial services firm. The company's operating segment includes Wealth Management and Corporate. It generates maximum revenue from the Wealth Management segment. The operations segment provides carrying broker services to third parties, including trade execution, clearing, and settlement services.

RF Capital Group (TSX:RCG.PR.C.PFD) Headlines

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