GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Reco International Group Inc (TSXV:RGI) » Definitions » Days Payable

Reco International Group (TSXV:RGI) Days Payable : 204.58 (As of Dec. 2023)


View and export this data going back to 2000. Start your Free Trial

What is Reco International Group Days Payable?

Reco International Group's average Accounts Payable for the three months ended in Dec. 2023 was C$0.63 Mil. Reco International Group's Cost of Goods Sold for the three months ended in Dec. 2023 was C$0.28 Mil. Hence, Reco International Group's Days Payable for the three months ended in Dec. 2023 was 204.58.

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

TSXV:RGI' s Days Payable Range Over the Past 10 Years
Min: 44.94   Med: 92.91   Max: 143.39
Current: 89.3

During the past 13 years, Reco International Group's highest Days Payable was 143.39. The lowest was 44.94. And the median was 92.91.

TSXV:RGI's Days Payable is ranked better than
59.09% of 1606 companies
in the Construction industry
Industry Median: 73.785 vs TSXV:RGI: 89.30

Reco International Group's Days Payable declined from Dec. 2022 (257.43) to Dec. 2023 (204.58). It may suggest that Reco International Group accelerated paying its suppliers.

Reco International Group Days Payable Historical Data

The historical data trend for Reco International 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.

* Premium members only.

Reco International Group Days Payable Chart

Reco International Group Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 133.92 44.94 143.39 89.98 95.83

Reco International 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 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 257.43 67.15 92.66 63.11 204.58

Competitive Comparison of Reco International Group's Days Payable

For the Engineering & Construction subindustry, Reco International 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.

Reco International Group's Days Payable Distribution in the Construction Industry

For the Construction industry and Industrials sector, Reco International Group's Days Payable distribution charts can be found below:

* The bar in red indicates where Reco International Group's Days Payable falls into.


Reco International 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.

Reco International Group's Days Payable for the fiscal year that ended in Sep. 2023 is calculated as

Days Payable (A: Sep. 2023 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Sep. 2022 ) + Accounts Payable (A: Sep. 2023 )) / count ) / Cost of Goods Sold (A: Sep. 2023 )*Days in Period
=( (0.514 + 0.552) / 2 ) / 2.03*365
=0.533 / 2.03*365
=95.83

Reco International 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
=( (0.552 + 0.699) / 2 ) / 0.279*365 / 4
=0.6255 / 0.279*365 / 4
=204.58

* 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.

Reco International Group Days Payable Related Terms

Thank you for viewing the detailed overview of Reco International Group's Days Payable provided by GuruFocus.com. Please click on the following links to see related term pages.

Reco International Group (TSXV:RGI) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Reco International Group Inc (TSXV:RGI) » Definitions » Days Payable
Comparable Companies
TSXV:MSP XPAR:DG NSE:LT PWR SHSE:601668 SHSE:601390 TSX:WSP J XKRX:028260 HKSE:01800 EME SHSE:601186 XPAR:EN BLD ACM SHSE:601669 HKSE:03996 FIX APG TTEK
Traded in Other Exchanges
N/A
Address
2051 Viceroy Place, Suite 100, Richmond, BC, CAN, V6V 1Y9
Website
http://www.recointernationalgroup.com
Reco International Group Inc is engaged in the business activity of commercial and residential construction and millwork. It provides services such as project management, design, millwork, and procurement. Project management services offered by the organization include the proposal, budgeting, scheduling, professional coordination, and administration of projects.